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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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September 25, 2014
14:01 EDTDDDAutodesk provides details on previously reported 3D plans, 3DPrint.com says
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September 23, 2014
11:42 EDTDDD 3D Systems rises after analyst reports 'unexpected' GM deal
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11:04 EDTDDD3D Systems jumps 3% after Piper says deal landed with GM
11:03 EDTDDD3D Systems landed $6M-$8M deal with GM, says Piper Jaffray
Piper Jaffray says that based on conversations with industry contacts, it believes 3D Systems (DDD) landed an unexpected deal with General Motors (GM) in Q3. Piper thinks the Bluebird deal could be in the range of $6M-$8M. The firm believes the deal was not in 3D's pipeline. It has a Neutral rating on the stock.
September 22, 2014
06:12 EDTDDDStocks with implied volatility below IV index mean; QIHU DDD
Stocks with implied volatility below IV index mean; Qihoo 360 (QIHU) 41, 3D Systems (DDD) 39 according to iVolatility.
September 19, 2014
10:21 EDTDDD3D Systems shares compelling into quarter's end, says Canaccord
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