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Stock Market & Financial Investment News

News Breaks
February 5, 2014
11:03 EDTDDD, SSYS, VJET, XONE, GE, SYK, JNJ3D printer makers tumble after profit warning from 3D Systems
Shares of 3D printer makers are sinking after the largest company in the sector in terms of market capitalization, 3D Systems (DDD), pre-announced lower than expected fiscal 2013 profit and gave a disappointing earning outlook for next year. WHAT'S NEW: 3D Systems reduced its fiscal 2013 earnings per share outlook to 83c-87c from 93c-$1.03. Analysts' consensus estimate was 96c. However, the company reported preliminary fiscal 2013 revenue of $513 million-$514 million, within its previous outlook of $500M-$530M. Analysts' consensus estimate was $514.24M. 3D Systems blamed its lower than expected fiscal 2013 EPS on "very significant R&D, manufacturing and marketing investments designed to accelerate revenue growth," along with weaker than expected demand for its parts and consumer products. For fiscal 2014, 3D Systems predicted that its EPS would be 73c-85c, versus analysts' consensus estimate of $1.27. However, the 3D printer maker expects its fiscal 2014 revenue to come in at $680M-$720M, versus the consensus estimate of $671.29M. ANALYST REACTION: In a note to investors earlier today, Jefferies analyst Peter Misek wrote that 3D Systems' opportunity in the professional and industrial markets is "only just beginning." 3D Systems' guidance is "appropriately conservative," wrote Misek, adding that his research suggests that the 3D printer maker is likely to announce deals with at least three major companies in 2014: Stryker (SYK), Johnson & Johnson (JNJ), and GE (GE). Misek kept a Buy rating on the stock. PRICE ACTION: In mid-morning trading, 3D Systems tumbled 22% to $59.25, but the stock was well above its low for the day of $54.63. Likewise, another major 3D printer maker, Stratasys (SSYS), retreated 8% to $108.60, but was well off its low for the day of $102.20. Another company in the space, ExOne (XONE), sank 10% to $40.27, while European 3D printer maker Voxeljet (VJET) gave back 6% to trade near $32.
News For DDD;SSYS;VJET;XONE;GE;SYK;JNJ From The Last 14 Days
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August 14, 2014
08:11 EDTGEGE Healthcare to use RTI Connext Middleware
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August 13, 2014
20:04 EDTGEGE appliance unit drawing interest from Electrolux, Quirky, Bloomberg says
General Electric's home appliance unit has drawn interest from Electrolux and Quirky, according to Bloomberg, citing two people with knowledge of the matter. General Electric's appliance unit is said to be worth about $2B, the sources added. Reference Link
19:35 EDTGEGE appliance unit drawing interest from Electrolux, Quirky, Bloomberg says
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17:13 EDTVJETVoxeljet backs 2014 revenue view of over EUR18M
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17:12 EDTVJETVoxeljet reports Q2 EPS EUR(38c) vs. EUR(24c) a year ago
Reports Q2 revenue EUR2.73M vs. EUR2.09M a year ago.
16:09 EDTXONEExOne sees 2014 revenue $55M-$60M, consensus $54.89M
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16:08 EDTXONEExOne reports Q2 EPS (32c), consensus (14c)
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15:05 EDTXONENotable companies reporting after market close
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15:00 EDTXONEExOne August 30 straddle priced for 12% move into Q2
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11:56 EDTDDDStocks with call strike movement; JCP DDD
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10:43 EDTXONEOptions with increasing implied volatility
Options with increasing implied volatility: PSEC CSCO XONE NDLS
10:29 EDTSSYSStratasys management to meet with Brean Capital
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08:49 EDTDDD3D Systems acquires APP, APM, terms not disclosed
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07:26 EDTXONEExOne August volatility elevated into Q2 and outlook
ExOne August call option implied volatility is at 150, September is at 68, January is at 57; compared to its 26-week average of 55 according to Track Data, suggesting large near term price movement into the expected release of Q2.
August 12, 2014
10:00 EDTSYKOn The Fly: Analyst Upgrade Summary
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09:35 EDTJNJActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GOOG C TSL EXAS BAC DNDN JNJ TSLA
08:37 EDTDDD3D Systems adds 200K square foot manufacturing facility in South Carolina
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08:18 EDTGEAs MetLife awaits SIFI decision, other non-banks get tough scrutiny, FT says
The Federal Reserve's scrutiny of AIG (AIG) and GE Capital (GE) since those non-banks were designated as systemic risks shows they are being regarded in the same manner as large banks, according Financial Times, citing people familiar with the process. Insurer Prudential Financial (PRU) was deemed a systemic risk last September and rival MetLife (MET) is waiting to see if it will be designated this year, the report noted. Reference Link
06:22 EDTSYKStryker upgraded to Buy from Hold at Needham
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August 11, 2014
17:44 EDTGEGeneral Electric awarded $311.49M government contract modification
General Electric is being awarded a $311.49M modification to a previously awarded firm-fixed-price contract for the procurement of 75 Lot 14 F/A-18E/F F414-GE-400 engines and associated devices for U.S. Navy and for the government of Australia. In addition, this modification provides for the procurement of after burner modules, fan modules, high pressure combustor modules, combustor modules, and high and low pressure turbine modules for the U.S. Navy and the government of Australia. Work will be performed in Lynn, Massachusetts; Hooksett, New Hampshire; Rutland, Vermont; and Madisonville, Kentucky, and is expected to be completed in September 2016. This modification combines purchases for the U.S. Navy and the government of Australia under the Foreign Military Sales Program. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.
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