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Stock Market & Financial Investment News

News Breaks
March 31, 2014
11:41 EDTDDD3D Systems CFO to transition to new M&A role
3D Systems (DDD) announced that its CFO, Damon Gregoire, would step down from that position and will then retire at the end of next year. WHAT'S NEW: In a regulatory filing released today, 3D Systems, which develops 3D printers, announced that Gregoire would resign as CFO and become the company's Executive Vice President of Mergers & Acquisitions. Gregoire will transition to the new position when a new CFO is hired, the company stated. Gregoire will serve in the new role through December 31, 2015, when he will retire, 3D Systems added. ANALYST REACTION: In a note to investors earlier today, Brean Capital analyst Ananda Baruah wrote that Gregoire is making the change "for purely personal reasons." The analyst reached this conclusion after speaking with 3D Systems. The change should help 3D Systems, as the new CFO is likely to be a strong executive who can offer a fresh perspective to the company, Baruah contended. The analyst remains upbeat on the stock and kept an $84 price target and Buy rating on the shares. PRICE ACTION: In late morning trading, 3D Systems rose 73c, or 1.3%, to $59.85.
News For DDD From The Last 14 Days
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November 20, 2014
12:00 EDTDDDAnalyst sees new competition shaking up 3D printing market
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07:33 EDTDDD3D Systems likely to lower prices amid new competition, says Jefferies
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November 17, 2014
13:12 EDTDDD3D Systems rises after insider buy, Voxeljet slips after downgrade
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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
10:10 EDTDDDOptions with decreasing implied volatility
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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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