Stocks tanked on profit Booking: 3D Systems Corporation, SolarCity Corp, Groupon Inc, Pandora Media Inc, BP plc PR Newswire NEW YORK, November 20, 2013 NEW YORK, November 20, 2013 /PRNewswire/ -- Market Buzz Report is providing most latest stocks news scan for 3D Systems Corporation (NYSE:DDD), SolarCity Corp (NASDAQ:SCTY), Groupon Inc (NASDAQ:GRPN), Pandora Media Inc (NYSE:P), BP plc (NYSE:BP) Senator Jeff Sessions has sent a letter to Treasury sec. Jacob Lew questioning the level of government funding SolarCity Corp(NASDAQ:SCTY) receives. He heavily references an Aug. 31 Barron's column taking aim at SolarCity's fair market value estimates for its solar installation/electricity sale contracts (its government grants are based on them).SolarCity's estimates are above its installation costs. Sessions: "Over-inflating the cost of solar products is not only detrimental to the government, but to investors as well ... there is concern that SolarCity might become the next Solyndra-a company propped on the back of the taxpayers, not the product produced."Sessions also notes SolarCity's history of major losses (generally the result of the company's aggressive financing/installation efforts), and that a planned 2017 drop in federal tax credits to 10% is expected to increase the company's financing needs. Free Urgent Insider Catalyst Report For SCTY Available Here:http://marketbuzzreport.com/index.php?code=SCTY(Or Copy and paste the URL into your browser) Groupon Inc(NASDAQ:GRPN) chairman Ted Leonsis discloses he recently made a series of sales from Nov. 11 to Nov. 18. The sales are tied to the exercising of stock options featuring a $0.05/share purchase price.Leonsis still owns 793.5K shares of Groupon, which is up 104% YTD thanks in part to positive earnings news and optimism about the company's efforts to transform into a broader provider of e-commerce goods and long-term deals.Groupon recently opened up its first warehouse, a Northern Kentucky facility that will act as "the primary fulfillment center" for Groupon Goods.Previous: Groupon looking to buy warehouses, take on Amazon Free Urgent Insider Catalyst Report For GRPN Available Here: http://marketbuzzreport.com/index.php?code=GRPN(Or Copy and paste the URL into your browser) Albert Fried has cut Pandora Media Inc(NYSE:P) to Underweight ahead of Thursday's FQ3 report, citing valuation. The firm's PT is unchanged at $23.Analyst commentary going into earnings has been very positive overall. JPMorgan and Needham recently raised their PTs, and Susquehanna and Piper have joined in today. Free Urgent Insider Catalyst Report For P Available Here: http://marketbuzzreport.com/index.php?code=P(Or Copy and paste the URL into your browser) Three years after the Deepwater Horizon disaster, BP plc (NYSE:BP) says it has built up its largest-ever fleet in the Gulf of Mexico, adding two new drilling rigs to its U.S. offshore operations to raise its Gulf fleet to nine.BP says it contracted a deep-water drillship from Seadrill and repaired a production platform that had been damaged when Hurricane Ike swept through the Gulf in 2008.BP says it plans to spend ~$4B every year for the next decade on its deepwater fields in the Gulf. Free Urgent Insider Catalyst Report For BP Available Here: http://marketbuzzreport.com/index.php?code=BP(Or Copy and paste the URL into your browser) 3D Systems Corporation(NYSE:DDD) After steadily rising over the last three weeks, 3D printing stocks are reversing course in dramatic fashion today in the absence of major news. Solar stocks, which have also seen plenty of good days lately, are also selling off hard. Free Urgent Insider Catalyst Report For DDD Available Here: http://marketbuzzreport.com/index.php?code=DDD(Or Copy and paste the URL into your browser) USMarketBuzz.com is an investment community that Focuses on MicroCap Securities. USMarketBuzz.com is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. If you would like more information regarding our news coverage solutions, please visit http://www.USMarketBuzz.com/ for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.USMarketBuzz.com/. Follow us on Facebook: https://www.facebook.com/usmarket.buzz Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126. (SMS alerts are free, however data rates may apply, check your wireless plan for details.) DISCLAIMER: FNNewswire (FNNW) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNNW is NOT affiliated in any manner with MarketBuzz Reports, USMarketBuzz.com or any company mentioned herein. The commentary, views and opinions expressed in this release by MarketBuzz Reports and USMarketBuzz.com are solely those of the MarketBuzz Reports & USMarketBuzz.com and are not shared by and do not reflect in any manner the views or opinions of FNNW. The companies that are discussed herein may or may not have approved the statements made in this release. FNNW is not liable for any investment decisions by its readers or subscribers FNNW and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNNW was not compensated by any public company mentioned herein to disseminate this press release. FNNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNNW undertakes no obligation to update such statements. FNNW Contact Information: Company: FN Newswire Contact email: email@example.com U.S.Phone: 1(954)345-0611 SOURCE FN Media Group LLC
Stocks tanked on profit Booking: 3D Systems Corporation, SolarCity Corp, Groupon Inc, Pandora Media Inc, BP plc
Press spacebar to pause and continue. Press esc to stop.