3D Systems Corporation (NYSE:DDD) hosted an investor and analyst day last week and recaps key highlights: 2014 guidance update. With the acquisition of Medical Modeling and the imminent closing of the acquisition of 70% of Robtec, the company raised revenue guidance by $15 million, expecting 2014 revenue to be in the range of $695 million to $735 million. EPS guidance for 2014 remained unchanged in the range of $0.73 to $0.85 non-GAAP earnings per share, even after a roughly 6% increase in the company’s share-count from its recent equity raise. Steady EPS guidance reflects accretion of recent acquisitions to earnings and underscores confidence in expected gross profit margins expansion and the anticipated resumption of operating leverage in the second half of 2014. 3D Systems Corporation (NYSE:DDD) net profit margin is 7.70% and weekly performance is -1.81 %. On last trading day company shares ended up $49.32. Analysts mean target price for the company is $67.05. 3D Systems Corporation (NYSE:DDD) distance from 50-day simple moving average (SMA50) is -1.93%.
First Solar, Inc. (NASDAQ:FSLR) announced that it has been selected by independent energy company Tenaska Solar Ventures to design and build the 150 megawatt (MW)AC Tenaska Imperial Solar Energy Center West project near El Centro, California. First Solar, Inc. (NASDAQ:FSLR) shares advanced 0.89% in last trading session and ended the day on $64.47. Gross Margin is 26.50% and its return on assets is 6.00%. First Solar, Inc. (NASDAQ:FSLR) quarterly performance is 19.32%.
June 5, 2014 — SolarCity(R) (SCTY) and REC Group, traded under the company name REC Solar ASA (RECSOL.OL), a leading global provider of energy solutions, announced a supply agreement under which SolarCity will purchase a minimum of 100 MW and up to 240 MW of REC’s high quality, high-performing Peak Energy solar panels during a 12 month period beginning in Q4 2014. SolarCity Corp (NASDAQ:SCTY) shares moved up 3.55% in last trading session and was closed at $52.45, while trading in range of $50.25-$52.45. SolarCity Corp (NASDAQ:SCTY) year to date (YTD) performance is -7.69%.
June 4, 2014 — China Sunergy Co., Ltd. (NASDAQ:CSUN) a specialized solar cell and module manufacturer, announced that it has signed a 50 MW framework agreement with KosiFrankensolar for their Turkish projects. China Sunergy Co Ltd (NASDAQ:CSUN) ended the last trading day at $2.89. Company weekly volatility is calculated as 6.09% and price to cash ratio as 1.42. China Sunergy Co Ltd (NASDAQ:CSUN) showed a negative weekly performance of -0.69%.
On May 27, Chinese PV manufacturer LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) has secured a RMB2 billion (US$320 million) loan from a consortium of investors led by the China Development Bank. LDK Solar Co., Ltd (ADR) (OTCMKTS:LDKSY) On last trading day company shares ended up $0.550 .