H-P (HPQ) Plans 3-D Printer Announcement for June (DDD) (SSYS)
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3D Systems (DDD) Sees Intra-Day Pressure
March 21, 2014 12:56 PM EDT3D Systems Corp. (NYSE: DDD) is seeing notable pressure mid-day. Shares are down 6%. This is a continuation of recent consolidation in the stock following a weak outlook issued at the end of February. Also, yesterday HP (NYSE: HPQ) confirmed plans to enter the sector by summer.... More
News in 3D Printing Space Much Ado About Nothing, Needham & Company Says
March 20, 2014 3:48 PM EDTNeedham & Company analyst James Ricchiuti weighed in on the 3D printing sector today amid two new developments 1) ExOne (NASDAQ: XONE) reported mixed Q4 results and weak guidance; 2) H-P (NYSE: HP) announced plans to enter the 3D printing market in June.
First on the ExOne news, the analyst said the results don't provide any read-through for Stratasys (NASDAQ: SSYS) and 3D Systems (NYSE: DDD). He said, "We don't see any derivative calls off the disappointing Q4 results... More
UPDATE: Barclays Upgrades Hewlett-Packard (HPQ) to Overweight; HP Seen Taking Share in x86 Servers
March 18, 2014 6:47 AM EDT(Updated - March 18, 2014 10:20 AM EDT)
Barclays upgraded Hewlett-Packard (NYSE: HPQ) from Equalweight to Overweight with a price target of $38.00 (from$33). Analyst Ben A. Reitzes thinks HP can gain share in x86 servers due to security concerns after IBM complete a sale of its x86 server business to Lenovo.
"First, we believe HP could gain share for several quarters... More
