Editor’s Note: Related tickers: 3D Systems Corporation (NYSE:DDD), Stratasys, Ltd. (NASDAQ:SSYS), Hewlett-Packard Company (NYSE:HPQ)
Hawk Ridge Systems to Sell 3D Systems Printers in US, Canada (Ten Links)
3D Systems announced today that Hawk Ridge Systems, a leader in engineering design solutions and the top performing SolidWorks 3D CAD solution provider in the world joined its expanding reseller network. Under this agreement, Hawk Ridge Systems will sell and support 3D Systems Corporation (NYSE:DDD) complete portfolio of professional and personal 3D printers and materials in the United States and Canada. Dale Ford, president and CEO, Hawk Ridge Systems, said that recognized as the #1 worldwide SolidWorks resellers, Hawk Ridge Systems brings over 17 years of 3D design experience delivering best-in-class engineering software solutions, including SolidWorks and CAMWorks machining software.
Stratasys, Ltd. (NASDAQ:SSYS), with a market cap of $2.62B, was formed in 2012 by the merger of 3D printing companies Stratasys Inc. and Objet Ltd. Stratasys is a global provider of additive manufacturing solutions, which manufactures 3D printers and materials for prototyping and production. According to Lux Research’s report, the 3D printing market is expected to grow from $777 million in 2012 to $8.4 billion in 2025, fueled by automotive, aerospace and medical markets (poised to grow at 18% annually).
Hewlett-Packard (HPQ) Shareholders Push Back (InvestorGuide)
Over the past few weeks, Hewlett-Packard Company (NYSE:HPQ) shareholders, led by activist investor Ralph Whitworth, have been revolting against the beleaguered company’s board. Chairman Ray Lane, who narrowly won reelection at the company’s annual shareholders meeting with 60% of the vote, stepped down last week as the latest casualty of the company’s botched $11 billion acquisition of Autonomy. “After reflecting on the stockholder vote last month, I’ve decided to step down as executive chairman to reduce any distraction from Hewlett-Packard Company (NYSE:HPQ)’s ongoing turnaround,” Lane stated.
3D Systems Tops 5 Most-Liquid Small-Cap Leaders (Investor’s Business Daily)
IBD’s Small-Cap Leaders Screen Of The Day features highly rated companies valued at $1 billion or less. 3D Systems Corporation (NYSE:DDD) makes 3D printers that print objects layer by layer using liquid or powdered materials. The company has been leading the rapidly expanding industry. According a recent report by Lux Research, the global 3D printing market could soar to $8.4 billion in sales in 2025, up from $777 million in 2012. The automotive, aerospace and medical markets are expected to lead the way in demanding 3D printed items.
Stratasys Receives New Coverage from Analysts at Canaccord Genuity (SSYS) (Daily Political)
Canaccord Genuity started coverage on shares of Stratasys, Ltd. (NASDAQ:SSYS) in a research report released on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $84.00 price target on the stock. “We are initiating coverage of Stratasys with a BUY rating and an $82 price target. We believe the combination of strong secular growth and a scarcity of public plays on 3D printing technology will continue to…
…drive a healthy valuation, while the recent merger with Objet presents opportunities for SSYS to deliver upside to consensus estimates.,” Canaccord Genuity’s analyst commented.
HP talks up AMD’s Kyoto despite seeing Intel as a compute workhorse (Inquirer)
Hewlett-Packard Company (NYSE:HPQ) believes Intel’s Centerton and Avoton processors will be used for general purpose computing on its Moonshot servers but touted AMD’s graphics capabilities for computationally-intensive workloads. HP launched its second generation Moonshot servers at the start of the week, leaving many spectators surprised at the firm’s decision to lead with Intel’s year-old Centerton Atom processor. Now the firm has told The INQUIRER that it expects the Intel-based cartridges, which will include one based on Intel’s Avoton Atom in the second half of this year, to be popular for those that rely on general purpose computing.
3D Systems launch “gold-standard” SLA material (Personalize)
Yesterday’s upturn in fortunes will come as fantastic news to 3D Systems Corporation (NYSE:DDD), not just stock wise but the growth came on a day they released a press release about the release of Accura Xtreme White-200 plastic for use in 3D Systems’ iPro SLA printers, a “gold-standard” for quality and accuracy. Obviously the growth is heavily linked and means there’s been a particularly positive reception to the new SLA material, it also does away with Citron’s myth that 3D Systems Corporation (NYSE:DDD) had not been investing in R&D.
Stratasys customer’s 3D printing journey (Personalize)
Stratasys, Ltd. (NASDAQ:SSYS) have released a case study detailing how Collcap Packaging use an Objet printer to create bespoke cosmetic packaging for their customer base. The British company purchased a Stratasys Objet 30 Pro because of its ability to print in a multitude of materials and because it can print transparent material, a must for a cosmetics company.
HP, TravelSky Developing Next-Gen Passenger Services System; Bruce Dahlgren Comments (ExecutiveBiz)
Hewlett-Packard Company (NYSE:HPQ) has signed a deal with TravelSky Technology Ltd to develop a passenger services system intended to fulfill the growing demands of travelers. TravelSky picked HP’s enterprise services to engineer the “New Compass” PSS that will help deliver scalable solutions to the Chinese firm’s customers in the airline industry, according to an HP article. “Success in the airline industry is built on the ability to innovate — providing differentiated, tailored services that meet the changing needs of the sophisticated, connected traveler,” said Bruce Dahlgren, senior vice president and general manager for Hewlett-Packard Company (NYSE:HPQ)’s enterprise services in Asia Pacific and Japan.
