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☆ These 4 stocks report quarterly results next week. Here's what we hope to see
▼ + stars: | 2023-11-04 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho

☆ Glass Lewis recommends Stratasys shareholders reject Desktop Metal deal
▼ + stars: | 2023-09-22 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Glass Lewis argued that Stratasys should look at a revised bid it received from 3D Systems this month (DDD.N) but rejected, according to the Glass Lewis note, which was published on Friday and seen by Reuters. On Wednesday, Institutional Shareholder Services, Glass Lewis' bigger competitor, also recommended against the Desktop Metal deal. Glass Lewis wrote that the Desktop Metal merger "could be a reasonable transaction from the point of Stratasys." Stratasys made its all-stock bid for Desktop Metal in May in a transaction valued at about $1.8 billion. "In our view, the 3D Systems offer presents not only compelling value for Stratasys shareholders, but also lower regulatory hurdles and greater potential scale as composed to the Desktop Metal merger.

Persons: Lewis, Stratasys, Glass Lewis, Svea Herbst, Bayliss, Sharon Singleton Organizations: Reuters, Services, Desktop, Metal, Systems, Svea, Thomson

☆ Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printing
▼ + stars: | 2023-09-20 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

"It is not clear that it (the all-stock offer Stratasys made for Desktop Metal) creates value for 3D printer manufacturer Stratasys shareholders," ISS wrote in its note to clients with a headline "vote against acquisition at SSYS meeting." The directors felt this deal was more attractive than others, including overtures from 3D Systems and Nano Dimension. But as Stratasys', Desktop Metal's and 3D Systems' share prices have dropped in the last 52 weeks, ISS argued that 3D Systems' cash and stock offer for Stratasys "holds out an important hedge against further declines." 3D Systems offered to pay $7 in cash and 1.6387 3D shares per Stratasys share, which would leave them owning 46% of the combined company. Stratasys investor Nano Dimension, which owns 14.1% of the company, said last week that it would vote against the merger.

Persons: ISS's, Stratasys, Svea Herbst, Bayliss, Josie Kao Organizations: Services, Reuters, ISS, 3D Systems, Desktop, Systems, Svea, Thomson

☆ 3D-printing takeover battle misses third dimension
▼ + stars: | 2023-07-10 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

Stratasys (SSYS.O) for now prefers a merger with peer Desktop Metal (DM.N), but a sweetened bid from Nano Dimension (2N5By.F) complicates matters. A simpler two-dimensional financial analysis suggests a snubbed offer from 3D Systems (DDD.N) may wind up the best option. The company’s nominees favor the Desktop Metal deal, while Nano’s back the alternative transaction. On May 25, Stratasys agreed to combine with Desktop Metal in an all-stock deal valued at $1.8 billion. On the same day, 3D Systems offered to buy Stratasys for $7.50 a share in cash and 1.3223 3D Systems shares for each Stratasys share.

Persons: Stratasys, Nano’s, Jeff Graves, Jeffrey Goldfarb, Sharon Lam Organizations: YORK, Reuters, Systems, Desktop, Twitter, Thomson

☆ Stratasys receives $1.21 bln unsolicited buyout proposal from 3D Systems
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +1 min

June 2 (Reuters) - Stratasys Ltd (SSYS.O) said on Thursday that it had received an unsolicited buyout proposal from rival 3D Systems Corp (DDD.N), valuing the industrial 3D printer at about $1.21 billion. Stratasys shares were up 10.1% at $16.04, while 3D Systems was up 2.6% at $8.55 in premarket trading on Friday. 3D Systems has proposed to acquire Stratasys for $7.50 in cash and 1.2507 of its newly issued stock for each share of the target company, which translates to $17.92 on a per-share basis. Stratasys said its board would "carefully review" the newly received non-binding proposal, adding that the Desktop Metal deal is still expected to close in the fourth quarter of this year. 3D Systems on Friday confirmed its bid for Stratasys and said that if the deal goes through, it will bring $100 million in cost synergies.

Persons: Stratasys, Jaiveer Singh, Shilpi Majumdar, Anil D'Silva, Shounak Organizations: Stratasys, 3D Systems Corp, Systems, Metal Inc, Thomson Locations: Rehovot, Israel, Bengaluru

☆ Stocks making the biggest moves premarket: Palantir, Skyworks, Under Armour & more
▼ + stars: | 2023-05-09 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

It also reaffirmed full-year revenue guidance, though it raised its full-year adjusted EBITDA forecast. Western Digital — The chip stock rose about 2% in premarket after the company reported a revenue beat in the latest quarter. Earnings guidance for the full year was more upbeat and the company posted better-than-expected earnings and revenue, according to Refinitiv. The company reported revenue of $149.4 million against Refinitiv analyst expectations of $209.9 million. The company reported adjusted earnings of $7.19 per share, just topping a StreetAccount forecast of $7.18 per share.

☆ Stocks making the biggest moves midday: Palantir, Novavax, Under Armour and more
▼ + stars: | 2023-05-09 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Palantir – Palantir shares popped nearly 20% after the software company beat first-quarter estimates and said it anticipates full-year profitability. The firm also reaffirmed full-year revenue guidance and raised its full-year adjusted EBITDA expectations, while cutting 6% of its workforce. Under Armour — The apparel company slipped 5.3% after the company projected earnings per share and revenue to be short of Wall Street expectations for the full-year. Fisker — Shares shed 4.8% after the automotive company's first quarter earnings came in under Wall Street forecasts. Trex Company — Trex Company jumped 8.1% after the maker of wood-alternative decking and railing topped analysts' first-quarter expectations, and issued stronger-than-expected second-quarter revenue guidance.

☆ 3D printer company pays $2.77 mln for violating China export curbs -Commerce Dept
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay $2.77 million in penalties to settle with the U.S. Commerce Department for illegally exporting to China controlled design drawings for military electronics and spacecraft, the Commerce Department said. In addition to the Commerce settlement, the company also entered into agreements with the Department of State and the Department of Justice, the agency said in a statement. Rock Hill, South Carolina-based 3D Systems, which provides 3D printing and other services to customers in the U.S. and abroad, emailed design documents, blueprints and technical specification to Quickparts.com, Inc., its then-subsidiary's office in China for price quotes, the Commerce Department said. The emails included design drawings for military electronics and the development and operation of spacecraft that required U.S. export licenses to send to Guangzhou City. 3D Systems did not immediately respond to a request for comment.

☆ 3D printer company to pay U.S. up to $27 mln for violating export curbs to China
▼ + stars: | 2023-02-27 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations. Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State. The Commerce Department penalty is for $2.8 million. In addition to the aerospace documents, the Commerce Department said, 3D Systems exported metal alloy powder to China without a license, although it is restricted for national security and nuclear nonproliferation reasons. "The company is pleased to have reached a settlement with the agencies and remains committed to continuing to enhance its export controls program," 3D Systems said in a statement.

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

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