Hot News: 3D Systems Corporation (NYSE:DDD), Rite Aid Corporation (NYSE:RAD), Hanesbrands Inc. (NYSE:HBI), Agenus Inc. (NASDAQ:AGEN), SunEdison, Inc. (NYSE:SUNE)

Technology Stocks News 14

3D Systems Corporation (NYSE:DDD) recently reported that it has signed a definitive agreement to acquire one of the leading CAD/CAM software solutions providers, Cimatron Ltd. (CIMT). The news was received warmly by investors as the stock rose nearly 6.7% in yesterday’s session. The transaction, valued at about $97 million or $8.97 per Cimatron’s share, is likely to be closed by the first quarter of 2015. 3D Systems Corporation (NYSE:DDD) belongs to Technology sector. Its net profit margin is 3.40% and weekly performance is 4.24%. On last trading day company shares ended up $36.87. 3D Systems Corporation (NYSE:DDD) distance from 50-day simple moving average (SMA50) is -9.41%.

Rite Aid Corporation (NYSE:RAD)announced that many of its 4,600 locations will be open 8 a.m. to 5 p.m. on Thanksgiving Day, and will be opening 7 a.m. on Black Friday. According to the 2014 Accenture Holiday Shopping Survey, 45% of consumers plan to shop on Thanksgiving Day, an increase from 38% in 2013. Rite Aid Corporation (NYSE:RAD) shares decreased -0.71% in last trading session and ended the day at $5.59. RAD Gross Margin is 28.50% and its return on assets is 3.80%. Rite Aid Corporation (NYSE:RAD) quarterly performance is -11.83%.

Citigroup Inc. restated their buy rating on shares of Hanesbrands (NYSE:HBI) in a report released on Thursday. Citigroup Inc. currently has a $126.00 price objective on the stock, up from their previous price objective of $124.00. On 25 November, Hanesbrands Inc. (NYSE:HBI) shares increased 0.66% and was closed at $112.72. HBI EPS growth in last 5 year was 19.40%. Hanesbrands Inc. (NYSE:HBI) year to date (YTD) performance is 62.61%.

Zacks upgraded shares of Agenus (NASDAQ:AGEN) from a neutral rating to an outperform rating in a research report released on Monday morning. Zacks currently has $3.30 price objective on the stock. Agenus Inc. (NASDAQ:AGEN) ended the last trading day at $2.96. Company weekly volatility is calculated as 3.11% and price to cash ratio as 3.51.

SunEdison, Inc. (NYSE:SUNE), is expanding in Brazil where demand for renewable power is expected to be a key driver of growth. SunEdison will invest $30 million in a panel factory in Brazil and has agreed to build solar power plants with local renewable energy developer Renova Energia SA (RNEW11), Jose Perez, the company’s president for Latin America, said. SunEdison, Inc. (NYSE:SUNE) shares decreased -0.96% in last trading session and ended the day at $22.67. SUNE Gross Margin is 5.20% and its return on assets is -15.10%. SunEdison, Inc. (NYSE:SUNE) quarterly performance is 1.75%.

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