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Stock Market & Financial Investment News

News Breaks
August 1, 2014
11:12 EDTSSYS, VJET, DDD, XONE3D Systems falls for second day after analysts get more bearish
Shares of 3D printer maker 3D Systems (DDD) are falling for a second straight session after the company reported weaker than expected results yesterday and a number of analysts issued pessimistic notes about the company today. WHAT'S NEW: A number of analysts downgraded 3D Systems today. Piper Jaffray analyst Troy Jensen downgraded his rating on the stock to Neutral from Overweight, stating that the slowdown in the company's sales of systems and materials, along with the increasing inventories of its products at channel partners, makes him more cautious. The analyst, however, added that he still believes that the 3D printing and additive manufacturing industry is likely to continue to grow at a rate of 25% or higher. Also downgrading 3D Systems was Citigroup analyst Kenneth Wong, who cut his rating on the shares to Neutral from Buy. The company's pricing and product mix were weak last quarter, while competitive pressures are beginning to negatively impact the sales of 3D Systems' older products, Wong believes. Additionally, the company's gross margin came in at 48%, below Wong's forecast of 52%, the analyst noted. 3D Systems has become a "show me stock" and the company will have difficulty meeting its full-year guidance, according to Wong, who cut his price target on the shares to $50 from $60. Brian Drab, an analyst at William Blair, believes that 3D Systems will not be able to meet its 2014 revenue guidance while its full-year operating margin guidance is also aggressive. Moreover, the market's expectations for the 3D printer sector remain too high and 3D Systems' stock is overvalued, Drab contended. He believes that the stock is worth about $10-$15 and kept an Underperform rating on the shares. PRICE ACTION In late morning trading, 3D Systems fell 3.6% to $48.31. The stock is down 11.5% over the last two sessions. Other 3D printer makers also fell, with Stratasys (SSYS) losing 3.4% today to $97.20, ExOne (XONE) declining 2.7% to $31.82, and Voxeljet (VJET) falling 4.9% to $17.15.
News For DDD;SSYS;XONE;VJET From The Last 14 Days
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November 17, 2014
13:12 EDTVJET, SSYS, DDD3D Systems rises after insider buy, Voxeljet slips after downgrade
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12:29 EDTVJETVoxeljet downgraded to Market Perform at Cowen
Cowen downgraded Voxeljet to Market Perform from Outperform citing the company's larger than expected Q3 loss and reduced 2014 outlook. The firm cut its price target for shares to $13 from $22.
12:20 EDTVJETVoxeljet downgraded to Market Perform from Outperform at Cowen
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10:38 EDTSSYSStratasys announces partnership with Martha Stewart Living Omnimedia
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09:57 EDTDDD3D Systems up 3.5% in early trading following Chairman stock purchase
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November 14, 2014
15:12 EDTVJETVoxeljet management to meet with Piper Jaffray
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10:10 EDTDDDOptions with decreasing implied volatility
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08:33 EDTXONEExOne momentum may improve in 2015, says Oppenheimer
After ExOne reported weaker than expected Q3 results, Oppenheimer says the company was confident that its performance will improve in Q4. The firm thinks that ExOne's 2015 guidance looks conservative, while the company's momentum may improve significantly in 6-12 months. It keeps an Outperform rating on the shares.
08:20 EDTXONEExOne price target lowered to $37 from $45 at FBR Capital
FBR Capital lowered its price target for ExOne shares to $37 saying deferrals impacted the company's Q3 results. The firm keeps an Outperform rating on the stock.
November 13, 2014
18:40 EDTVJETOn The Fly: After Hours Movers
UP AFTER EARNINGS: TubeMogul (TUBE), up 12.4%... Weibo (WB), up 3.2%... Nordstrom (JWN), up 3.1%. ALSO HIGHER: Geron (GERN), up 30.7% after announcing a global strategic collaboration with Janssen Biotech... Baker Hughes (BHI), up 16.2% following reports that the company is in talks to be acquired by Halliburton (HAL)... Halliburton is up 1.4%... Pandora (P), up 4% after announcing a conference call to discuss Web IV proceeding... AmerisourceBergen (ABC), up 1.1% after being awarded a $4.06B government contract. DOWN AFTER EARNINGS: Retrophin (RTRX), down 6.6%... Phoenix New Media (FENG), down 8.4%... Voxeljet AG (VJET), down 8.6%... Intrexon (XON), down 1.1%... Youku Tudou (YOKU), down 5.7%... Applied Materials (AMAT), down 2.5%. ALSO LOWER: Puma Biotechnology (PBYI), down 6.9% following PB272 Phase II Trial results... EnLink Midstream (ENLK), down 4.8% after filing to sell 10.5M common units representing limited partners.
17:26 EDTVJETVoxeljet lowers 2014 revenue view to EUR15M-16M from above EUR18M
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17:23 EDTVJETVoxeljet reports Q3 EPS EUR(41c) vs. EUR11c a year ago
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13:17 EDTSSYSMakerBot acquires Layer by Layer, terms not disclosed
MakerBot, a subsidiary of Stratasys, announced the acquisition of the start-up software company Layer By Layer. The goal of the acquisition of Layer By Layer is to help accelerate MakerBotís position in the entertainment and 3D printing management spaces, as part of its effort to build a more robust 3D ecosystem.
November 12, 2014
18:29 EDTXONEOn The Fly: After Hours Movers
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17:16 EDTXONEExOne sees FY14 revenue $45M-$50M, consensus $54.16M
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17:16 EDTXONEExOne reports Q3 EPS (31c), consensus (13c)
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15:29 EDTXONENotable companies reporting after market close
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November 10, 2014
09:20 EDTDDDOn The Fly: Pre-market Movers
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08:09 EDTDDD3D Systems backs FY14 EPS view 70c-80c
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08:07 EDTDDD3D Systems reports Q3 EPS 18c, consensus 17c
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