Stock Market & Financial Investment News

News Breaks January 28, 2013 14:20 EDT DDD, SSYS 3D printer makers tumble after competitor announces IPO Three-dimensional printer makers 3D Systems (DDD) and Stratasys (SSYS) are falling after a third company in the space disclosed in a regulatory filing earlier today that it would carry out an initial public offering, or IPO. ExOne, which sells 3D printers to industrial customers, stated that it expects to trade on Nasdaq under the symbol XONE. The IPO price will be $14-$16, the company added. In addition, an article on Seeking Alpha by one of the website’s contributors may also be weighing on shares of 3D Systems and Stratasys. The article compared 3D systems to a 1990s tech bubble stock and noted that it has several competitors in the 3D printing space. In mid-afternoon trading, 3D Systems plunged 12% to $60.59 while Stratasys sank 10% to $78.48. News For DDD;SSYS From The Last 14 Days Check below for free stories on DDD;SSYS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 18, 2013 07:15 EDT DDD 3D Systems price target raised to $55 from $50 at Canaccord Subscribe for More Information June 17, 2013 10:24 EDT DDD 3D Systems June volatility elevated at 61 Subscribe for More Information June 13, 2013 13:33 EDT DDD, SSYS 3D printer makers rise after analyst says demand looks strong Subscribe for More Information 07:02 EDT DDD, SSYS Piper sees another favorable earnings season for 3D printers Subscribe for More Information June 12, 2013 11:29 EDT DDD 3D Systems to host analyst and investor meeting Analyst and Investor meeting to be held in New York on June 17 at 10 am. Webcast Link 09:31 EDT DDD 3D Systems to acquire Phenix Systems 3D Systems announced that it has signed agreements to acquire approximately 80% of Phenix Systems based in Riom, France. Phenix Systems designs, manufactures and sells proprietary Direct Metal 3D Printers that can print chemically pure fully dense metal and ceramic parts from very fine powders with the granularity of 6-9 microns. This acquisition is expected to close in July. After closing conditions are met and the acquisition closes, 3D Systems intends to launch a take-over bid on the remaining 20% of the shares of Phenix Systems, listed on the French stock market, followed by a squeeze-out procedure should it reach 95% of the shares or voting rights of Phenix Systems, during the second half of 2013. The maximum price payable by 3D Systems for the 80% block is EUR 13 per share. June 6, 2013 06:49 EDT DDD 3D Systems channel partners bring significant opportunity, says Piper Jaffray Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.