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)
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