New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 1, 2014
13:48 EDTSSYS, DDDStratasys advances after analyst calls it best positioned in 3D sector
Shares of 3D printer maker Stratsys (SSYS) are higher after UBS initiated coverage of the stock with a Buy rating in a note to investors earlier today. WHAT'S NEW: 3D printing is "a disruptive innovation with a bright future," wrote UBS analyst Steven Milunovich. Stratasys is the best way to invest in this trend, partly due to its stronger execution than its peer, 3D Systems (DDD), along with the immediate potential of Stratasys' MakerBot unit, the analyst contended. Stratasys' earnings per share should rise 18% in 2014, while 3D Systems' earnings will be unchanged this year, Milunovich predicted. He set a $125 price target on Stratasys. WHAT'S NOTABLE: Milunovich initiated coverage of 3D Systems with a Neutral rating today. He thinks the company's near-term results are likely to be "bumpy" as it invests in its products and distribution this year. However, the analyst believes that 3D Systems' profits could surge in 2015. Moreover, the company's goals of increasing its revenues by 30% annually, excluding acquisitions, while raising its gross margin to 55%-60% are "aggressive but may be achievable," the analyst contended. He set a $62 price target on 3D Systems. PRICE ACTION: In early afternoon trading, Stratasys rose about 3% to trade near $109, while 3D Systems was down nearly 2%, to $58.
News For SSYS;DDD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
May 21, 2015
09:58 EDTSSYSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:46 EDTDDD3D Systems downgraded on lack of visibility at Oppenheimer
As noted earlier, Oppenheimer downgraded 3D systems to Perform from Outperform. The firm downgraded the stock because of recent developments, including the withdrawal of its guidance and the departure of its CFO, as well as new problems its business is facing.
07:41 EDTSSYSStratasys upgraded on execution, valuation, outlook at Oppenheimer
Subscribe for More Information
07:07 EDTDDD3D Systems downgraded to Perform from Outperform at Oppenheimer
Subscribe for More Information
07:02 EDTSSYSStratasys upgraded to Outperform from Perform at Oppenheimer
Subscribe for More Information
May 19, 2015
10:01 EDTDDD3D Systems calls active on renewed takeover speculation
3D Systems May 23.5 and 24 weekly calls are active total call volume of 18K contracts (2K puts) on renewed takeover speculation. May weekly call option implied volatility is at 54, June is at 42, July is at 43; compared to its 90-day average of 47. Active call volume suggests traders taking positions for upside price movement.
09:51 EDTDDDRumor: 3D Systems moves up on renewed takeover speculation
Subscribe for More Information
09:08 EDTDDD3D Systems enters reseller agreement with Thermo Fisher
Subscribe for More Information
May 18, 2015
09:07 EDTDDD3D Systems signs cooperative R&D agreement with NAVSEA
3D Systems announced a new cooperative R&D agreement with Naval Sea Systems Command's, or NAVSEA, Naval Surface Warfare Center Carderock Division, or NSWCCD. In accordance with this agreement, 3DS and the US Navy will jointly develop and evaluate 3D printing technology and materials for military uses, including helping the Navy fulfill a number of strategic initiatives. The US Navy's partnership with 3DS underscores the disruptive potential of 3D printing to redefine the supply chain for naval ship components, and reinforces 3DS' ability to continue to modernize the U.S. defense industrial base.
07:10 EDTDDD3D Systems CFO transition negative, says RBC Capital
Subscribe for More Information
05:42 EDTDDD3D Systems to host analyst meeting
Subscribe for More Information
May 15, 2015
09:31 EDTDDDAmerican Thoracic Society to hold a conference
ATS 2015 Conference is being held in Denver on May 15-20.
09:11 EDTDDDOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Bsquare (BSQR), up 34.2%... Applied Materials (AMAT), up 3.2%. ALSO HIGHER: Trillium Therapeutics (TRIL), up 13% after being initiated with an Outperform at Oppenheimer... Pernix Therapeutics (PTX), up 7.4% after announcing FDA approval of Treximet for use in pediatric patients... Advaxis (ADXS), up 4.4% after being initiated with a Buy at Jefferies... Netflix (NFLX), up 3.3% following a Bloomberg report that the company is in talks to enter China's online video market... Inovalon (INOV), up 2.9% after being upgraded to Buy from Neutral at Goldman. DOWN AFTER EARNINGS: El Pollo LoCo (LOCO), down 12.8%... King Digital (KING), down 8.3%. ALSO LOWER: PlasmaTech (PTBI), down 5.4% after filing to sell 1.93M shares for selling stockholders... Paycom Software (PAYC), down 7% after 8M share Spot Secondary priced at $36.25... Keurig Green Mountain (GMCR), down 5.9% after Keurig Kold investor presentation... 3D Systems (DDD), down 2.4% after CFO transition... Celladon (CLDN), down 5.1% after the CEO says that the company is evaluating strategic options.
08:33 EDTDDD3D Systems announces mutual separation agreement with CFO Hull, Styka to succeed
3D Systems announced that it entered into a mutual separation agreement with Ted Hull, its Chief CFO, effective as of the end of the day on May 15, pursuant to which Hull will leave the company in order to meet company needs and to pursue his personal interests. The company further announced that David Styka, the company's current Chief Accounting Officer, has been named executive vice president and CFO effective as of Hull's departure.
May 11, 2015
14:14 EDTSSYSPiper keeps Neutral on Stratasys pending better market conditions
Subscribe for More Information
09:21 EDTDDDOn The Fly: Pre-market Movers
Subscribe for More Information
09:03 EDTDDD3D Systems signs distribution agreement with Konica Minolta Australia
3D Systems (:DDD) announced that it has entered into a distribution agreement with Konica Minolta Business Solutions Australia to provide its complete 3D printing product portfolio through Konica Minolta's (KNCAY) network of dealers and authorized resellers, as well as its direct sales channel throughout Australia. This builds on 3DS' successful partnership with Konica Minolta Business Solutions U.S.A. for distribution in the U.S. With this alliance, Konica Minolta Australia will enter the 3D printing market to provide its customers access to advanced manufacturing solutions, complementing and expanding its product and services portfolio. Konica Minolta Australia plans to focus on education, manufacturing, architects and print bureau industries.
07:05 EDTSSYSStratasys sees FY15 adjusted EPS $1.20-$1.70, consensus $1.39
Subscribe for More Information
07:04 EDTSSYSStratasys reports Q1 adjusted EPS 4c, consensus 3c
Subscribe for More Information
May 10, 2015
13:48 EDTDDD3D Systems stock may tumble another 30%, Barron's says
Shares of 3D Systems (DDD) could lose another 30% as the company faces development delays, low demand, and the entry of Hewlett-Packard (HPQ) into the market by 2016, Barron's contends in its "Follow Up" column. Barron's maintains its price forecast of $15. Reference Link
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use