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Stock Market & Financial Investment News

News Breaks
August 7, 2014
11:05 EDTSSYS, DDD, MTLS, XONE3D printer makers advance after Stratasys' beat and raise report
Shares of 3D printer makers are climbing after one of the companies in the sector, Stratasys (SSYS), reported stronger than expected second quarter results and raised its guidance. WHAT'S NEW: This morning, Stratasys reported Q2 earnings per share of 55c, versus analysts' consensus estimate of 45c. The company's revenue came in at $178.5M, versus the consensus outlook of $156.6M. Moreover, Stratasys increased its fiscal 2014 EPS guidance to $2.25-$2.35 from $2.15-$2.25. Analysts' consensus estimate was $2.20. The 3D printer maker hiked its full-year revenue guidance to $750M-$770M from $660M-$680M, versus the consensus outlook of $685M. "We expect our positive momentum to continue as we begin 2H14. Reflecting our favorable outlook, we are increasing our projection for organic revenue growth in 2014 to at least 30%, and we are raising our financial guidance accordingly," Staratasys stated. ANALYST REACTION: In a note to investors, Piper Jaffray analyst Troy Jensen wrote that Stratasys' results were "solid." The analyst continues to believe that the 3D printing space offers one of the best growth opportunities of any sector. Jensen recommended that investors be exposed to the sector. He kept an Overweight rating on Stratasys, but continues to recommend that investors avoid another name in the sector, 3D Systems (DDD). A third 3D printer maker, Materialise (MTLS), "could be really interesting," according to Jensen. PRICE ACTION: In mid-morning trading, Stratsys surged 20% to $118.57. Meanwhile, 3D Systems gained 3.5% to $49.44, Materialise rose 6.5% to $12.11 and another 3D printer maker, ExOne (XONE), gained 8.3% to $32.39.
News For SSYS;DDD;MTLS;XONE From The Last 14 Days
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October 16, 2014
09:31 EDTDDD3D Systems downgraded to Equal Weight from Overweight at Stephens
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09:30 EDTSSYSStratasys upgraded to Overweight from Equal Weight at Stephens
October 15, 2014
07:32 EDTDDD, SSYSUBM Canon to hold a conference
PLASTEC Midwest Conference is being held in Chicago on October 15-16.
October 10, 2014
15:43 EDTXONEExOne August volatility increases on sharp rally
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October 9, 2014
08:34 EDTMTLSMaterialise HeartPrint now listed as Class 1 medical device
Materialise NV has listed its 3D-printed cardiovascular HeartPrint models as a medical device in the U.S. and EU markets. After years of 3D printing anatomical models for educational and research purposes, the company addressed the need for models that can assist with diagnosing, planning and practicing complex cardiovascular procedures. This move strengthens the company's unique position in the market and is a natural extension of its Mimics Innovation Suite of software for medical image processing which has an existing 510(k) clearance and CE mark. By listing HeartPrint as a Class 1 medical device, the Company is able to add HeartPrint models to their offering for preoperative planning. The 3D-printed, patient-specific cardiovascular models are created from medical image data to provide cardiologists and surgeons with supplemental information to determine the best treatment for each unique patient.
October 8, 2014
07:31 EDTSSYS, DDDFDA to hold a public workshop
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October 7, 2014
10:02 EDTMTLSOn The Fly: Analyst Initiation Summary
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06:19 EDTMTLSMaterialise initiated with a Buy at Canaccord
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