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Stock Market & Financial Investment News

News Breaks
July 9, 2014
08:05 EDTXONEExOne stake by Novel Century a positive for shares, says FBR Capital
FBR Capital views the 15.4% stake in ExOne disclosed by Novel Century Ventures as a positive for the stock. The firm says ownership of Novel traces back to a person/entity in China, and it notes that China is one of the world's largest producers and consumers of metal forgings. ExOne management told FBR that Novel Century has not contacted the company. FBR thinks the investor, should it take a more active role, may be able to help ExOne expand and enter into strategic partnerships in China. The firm adds that should Novel launch an attempt to acquire ExOne, it could have potentially positive implications for the stock. FBR has an Outperform rating on ExOne with a $55 price target.
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September 17, 2014
17:09 EDTXONENovel Century Ventures reduces passive stake in ExOne to 9.68% from 15.46%
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September 11, 2014
07:29 EDTXONEDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 11 at 10:30 am; not all company presentations may be webcasted. Webcast Link

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