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Friday 2 October 2015
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Traders Alert: 3D Systems Corporation (NYSE:DDD), HSBC Holdings (NYSE:HSBC), Basic Energy Services, (NYSE:BAS), Senior Housing Properties Trust (NYSE:SNH)

On Tuesday, Shares of 3D Systems Corporation (NYSE:DDD), lost -6.58% to $10.93.

3D Systems, declared hat, for the third successive year, it is supporting the Inspired Minds education program at TCT + Personalize, to be held in Birmingham, UK on September 30 — October 1, 2015. As part of its commitment to promoting and advancing digital literacy in K-12 education, 3DS will provide its flagship Cube(R) desktop 3D printers and SenseTM 3D scanners for the program, enabling students to experience real world design and manufacturing thinking.

“We are excited to partner once again with Rapid News, the TCT Show and Black County Atelier (BCA) on this important education initiative,” commented Rajeev Kulkarni, Vice President and Chief Product Officer, 3DS. “We are committed to bringing 21st century tools, programs and technologies to students and schools across the globe and are delighted that the UK remains at the forefront of 3D education.”

3DS offers educators complete solutions to make 3D design and printing easy, accessible and impactful, empowering students with tomorrow’s skill recently. 3DS’ Education Kits comprise a full ecosystem of 3D printers, scanners, design software and Common-Core guided curriculum.

3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries.

Shares of HSBC Holdings plc (ADR) (NYSE:HSBC), declined -0.31% to $37.03, during its last trading session.

According to a HSBC survey, sixty-five percent of parents in the U.S. would consider sending their child abroad for all or part of their university education, with Japan and China seen as offering the highest quality education available outside the U.S.

The HSBC Value of Education report Learning for Life shows that among 16 countries surveyed, parents in 12 countries consider the U.S. to be the international destination offering the highest quality education. Only in the United States did parents identify China as one of the countries offering the best education abroad. Among U.S. parents, 42% ranked an American education within the top three available worldwide (contrast to 51% of parents globally), while 39% ranked China in the top three (contrast to 13% globally).

When it comes to study abroad, 41 percent of U.S. parents would consider sending their children abroad for a semester or partial course of study at either undergraduate or postgraduate level, while 36 percent would consider full-time enrollment in an international college. Globally, an average of 44 percent and 53 percent of parents respectively would consider these types of international opportunities.

HSBC Holdings plc provides banking and financial products and services. It operates through four businesses Retail Banking and Wealth Administration, Commercial Banking, Global Banking and Markets, and Global Private Banking.

At the end of Tuesday’s trade, Shares of Basic Energy Services, Inc (NYSE:BAS), lost -0.28% to $3.60.

MiX Telematics, declared that Basic Energy Services (NYSE: BAS) has renewed its contract for fleet administration and driver behavior solutions for the next five years. Basic Energy Services uses solutions from MiX Telematics to assist improve driver safety and monitor performance of more than 4,000 vehicles.

One of the key factors in the renewal decision was MiX’s Service for Life commitment. MiX offers a comprehensive range of services, which go beyond sales, implementation and troubleshooting. It starts when a customer signs the contract and continues, holistically, until the day the contract ends.

“MiX plays a crucial role in assisting us meet important compliance standards such as electronic HOS and is assisting to keep our drivers safe,” said Brett Taylor, VP Manufacturing and Equipment at Basic Energy Services. “Its Service for Life program is delivering the type of results we expect. MiX has been an excellent, proactive partner to Basic Energy Services and we’re happy to continue that relationship.”

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs.

Finally, Senior Housing Properties Trust (NYSE:SNH), ended its last trade with 1.57% gain, and closed at $16.20.

Senior Housing Properties Trust, declared that it has partially exercised the accordion feature under its unsecured revolving credit facility agreement and closed on a new $200 million, seven year unsecured term loan.

SNH received an improvement in commitments under the credit facility to $1 billion from its previous amount of $750 million. All other material terms under the credit facility remain unchanged. Banks participating in the credit facility also remain unchanged, with Wells Fargo Securities, LLC, Citigroup Global Markets Inc. and RBC Capital Markets serving as Joint Lead Arrangers and Joint Lead Bookrunners.

The $200 million unsecured term loan matures on September 28, 2022. The interest rate on the term loan will be at LIBOR plus 180 basis points, subject to adjustment based on changes to SNH’s credit ratings. The loan has an accordion feature under which maximum borrowings may be raised to up to $400 million in certain circumstances. SNH used the net proceeds of the term loan to repay amounts outstanding under its revolving credit facility.

Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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