2014

Bullish Momentum Stocks: Geron Corporation, 3D Systems Corporation, Eagle Bulk Shipping, Finisar Corporation, J.C. Penney Company

NEW YORK, December 10, 2013 /PRNewswire/ --

Market Buzz Report, which provides important analysis for penny stocks, issues interesting stocks analysis for Geron Corporation(NASDAQ: GERN), 3D Systems Corporation(NYSE: DDD), Eagle Bulk Shipping Inc.(NASDAQ: EGLE), Finisar Corporation(NASDAQ: FNSR), J.C. Penney Company, Inc.(NYSE: JCP).

Shares of Geron Corporation(NASDAQ: GERN) rose 9% in after-hours trading. In a closely watched presentation at ASH, the company reviewed results from a study of imetelstat in myelofibrosis. For reference, see previous coverage of the study here and here. Results of GERN independent review of the Mayo study: Remissions (CR+PR) in 5/22 patients; CI in another 4 patients; OR rate of 40.9%.Notable: GERN says "no patients with CR, PR, or CI have lost their response to date."

Free Urgent Insider Catalyst Report For GERN Available Here:  http://marketbuzzreport.com/index.php?code=GERN  (Or Copy and paste the URL into your browser)

3D Systems Corporation(NYSE: DDD) +0.8% AH and Stratasys (SSYS) after Deutsche starts coverage with Buy ratings. Fellow 3D printer maker ExOne has been started at Hold. The day has already seen Pac Crest start coverage on 3D Systems with an Outperform and Stratasys/ExOne with Sector Performs, and Nomura argue current industry hype is excessive. Also: Piper's Troy Jensen has issued another bullish industry report after returning from last week's EuroMold trade show. Jensen states 3D Systems, which introduced new high-end printers, materials, and software, was by far "the most active at EuroMold with respect to new product introductions." He's especially a fan of a new metal printer from 3D's recently-acquired Phenix Systems unit. Jensen also liked Stratasys' launch of a nylon printing material (resellers are upbeat), and says a visit to the HQ of Swedish printer maker Arcam (AMAVF) indicates the company is focused on rapidly expanding (it currently has only 65 employees)002E

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)

Dry-bulk shippers Eagle Bulk Shipping Inc.(NASDAQ: EGLE) and Genco (GNK) reportedly have enlisted restructuring advisers after key creditors sold large blocks of debt to distressed investors amid balance sheet concerns. EGLE -8.4% AH after falling 7.5% in regular trading, while GNK +6.8% AH after shedding 4.6% during the day.

Free Urgent Insider Catalyst Report For EGLE Available Here:  http://marketbuzzreport.com/index.php?code=EGLE  (Or Copy and paste the URL into your browser)

Finisar Corporation(NASDAQ: FNSR) is selling $200M worth of convertible senior notes due 2033. Underwriters will have a $30M overallotment option. Finisar says it expects to use the proceeds for "general corporate purposes," but adds it may also use some of the funds to "acquire complementary businesses, products or technologies." The optical component industry has seen a decent amount of M&A in recent years. It's worth noting Finisar doesn't have any pressing need for cash: As of Oct. 27, the company had $316.5M in cash/equivalents on its balance sheet, and only $4.7M in debt.

Free Urgent Insider Catalyst Report For FNSR Available Here:  http://marketbuzzreport.com/index.php?code=FNSR  (Or Copy and paste the URL into your browser)

Wall Street is investing by the mantra "no news is good news" when it comes J.C. Penney Company, Inc.(NYSE: JCP). After a week which saw the retailer lose one-fifth of its value and saw its stock price fall into the high-single digits, the stock is rallying 4.8% to $8.47 on Monday. Last week, the Plano, Texas-based retailer posted a double-digit comparable sales gain of 10.1% for November, a remarkably stronger figure than the 34% drop in comparable sales over the same period a year earlier.

Free Urgent Insider Catalyst Report For JCP Available Here:  http://marketbuzzreport.com/index.php?code=JCP  (Or Copy and paste the URL into your browser)

Then, on Thursday evening, the department chain disclosed it had received a letter of inquiry from the Securities and Exchange Commission regarding its financial position, including its liquidity, debt and details of its proposed public stock offering.

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:  editor@fnnewswire.com
U.S. Phone: +1(954)345-0611

SOURCE FN Media Group, LLC




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.