“SAN FRANCISCO (MarketWatch) — Shares of Comcast Corp., Groupon Inc., and Cliffs Natural Resources Inc. are making notable moves in U.S. trading on Wednesday while ExOne Co. is leading other 3D printing stocks after President Barack Obama talked up the technology.
Shares of Comcast CMCSA +6.20% rose 6.2% after the cable company said Tuesday it will gain full control of NBCUniversal from General Electric Co.GE +3.23% and also buy 30 Rockefeller Plaza and CNBC’s Englewood Cliffs, N.J., headquarters in a deal totalling $18.1 billion. Comcast also reported fourth-quarter earnings rose 18% to $1.52 billion, or 56 cents a share. Comcast to buy out GE’s stake in NBCUniversal
Groupon Inc. GRPN +5.20% gained 5.9% after analysts at Sterne Agee lifted the stock to buy from neutral. “We recognize that meaningful risks remain, the stock will be volatile and we may be a bit early. However, we believe the risks are well known and largely priced in,” the analysts said in a note.
FMC Technologies Inc. FTI +6.72% shares added 5.4% after the company reported fourth-quarter earnings rose to 50 cents a share from 41 cents a share a year ago.
Decliners
Cliffs Natural Resources CLF -19.11% shares tumbled 18%. The company was downgraded to a hold rating from buy by Deutsche Bank and cut to a neutral rating from buy by Citigroup. The mining company said Tuesday it swung to a loss in the fourth-quarter as revenue slipped. Cliffs Natural swings to a loss
Dean Foods Co. DF -9.27% shares declined 7.7%. The food and beverage company on Wednesday said it swung to a profit in the fourth quarter but it forecast first-quarter earnings of 10 cents to 15 cents a share versus analysts’ expectations of 30 cents a share.
Dr Pepper Snapple Group Inc. DPS -4.73% shares slid almost 5%. Earlier Wednesday, its reported fourth-quarter earnings of 82 cents a share, below the 85 cents a share forecast by analysts in a FactSet survey.
Top Tickers Trending
$XONE: ExOne XONE +4.09% is rallying 8% after President Obama anointed 3D printing as having “the potential to revolutionize” the way things are made in his State of the Union address Tuesday.
3D Systems Corp. DDD +3.90% climbed 3.9% and Stratasys Ltd. SSYS +1.27% gained 1.8%. “
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