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Arc Group World Wide Inc(NASDAQ:ARCW) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Just Int: Augusta Resource Corp. (USA)(NYSEMKT:AZC), Arc Group World Wide Inc(NASDAQ:ARCW), Metlife Inc(NYSE:MET) http://www.usmarketbuzz.com/azc-just-int-augusta-resource-corp-usanysemktazc-arc-group-world-wide-incnasdaqarcw-metlife-incnysemet-1190 Fri, 13 Dec 2013 15:00:31 +0000 http://www.usmarketbuzz.com/?p=1190 Augusta Resource Corp. (USA)(NYSEMKT:AZC) soars at the open after announcing the U.S. Forest Service will issue a draft decision today approving its proposed Rosemont Mine in Arizona.AZC says the Forest Service picked the Barrel Alternative for the mine site; the proposal would leave untouched a neighboring canyon, which the service says is more ecologically valuable.Though the decision is a huge step, the mine is not yet a sure thing; key issues about impacts to neighboring streams, water quality and environmental mitigation remain unresolved.

Arc Group World Wide Inc(NASDAQ:ARCW) shares spike after the company announces it has formed a 3D Material Technologies division which will utilize 3D printing, CNC machining, and MIM Technology to create prototypes for customers.The company notes its experience with FDM, SLS, and SLA 3D printing tech, and “views metal 3D printing as a significant area to build out its capabilities.”Brean Capital, which initiated shares at Buy with a $25 PT on Wed., raises its PT to $30 on the announcement, and believes shares could be worth upwards of $45-$50.Brean believes “ARCW is in an incredibly advantaged position to lead in metal 3D parts,” with the firm likening ARC’s new ops to 3D Systems’ Quickparts and Stratasys’s Redeye businesses.

The first investment is Boston’s One Financial Center, a 46-story Class A office building in the financial district in which Metlife Inc(NYSE:MET) already had an interest.The two plan to invest in Class A office properties in key U.S. markets “over an extended period.”

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