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Align Technology Inc (ALGN.OQ)

ALGN.OQ on NASDAQ Stock Exchange Global Select Market

200.16USD
11 Oct 2019
Change (% chg)

$5.99 (+3.08%)
Prev Close
$194.17
Open
$195.51
Day's High
$202.50
Day's Low
$195.00
Volume
680,909
Avg. Vol
438,657
52-wk High
$339.02
52-wk Low
$169.84

Latest Key Developments (Source: Significant Developments)

Arbitration Decision With SDC Entities Requires Align To Close Invisalign Stores
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Align Technology Inc ::ARBITRATION DECISION WITH SDC ENTITIES REQUIRES ALIGN TO CLOSE INVISALIGN STORES.ALIGN TECHNOLOGY INC - EXPECTS TO INCUR A MATERIAL CHARGE IN Q1.ALIGN TECHNOLOGY INC - EXPECTS MINIMAL IMPACT ON ALIGN REVENUES.ALIGN TECHNOLOGY - ANNOUNCED OUTCOME OF ARBITRATION OF CLAIMS ASSERTED AGAINST CO BY SDC FINANCIAL LLC, SMILEDIRECTCLUB LLC, AND MEMBERS OTHER THAN CO.ALIGN TECHNOLOGY - BY APRIL 3, 2019, CO TO CLOSE ITS INVISALIGN STORES.ALIGN TECHNOLOGY INC - DECISION DOES NOT IMPACT ALIGN'S EXISTING SUPPLY AGREEMENT WITH SDC WHICH REMAINS IN PLACE THROUGH 2019.ALIGN TECHNOLOGY INC - IS CURRENTLY EVALUATING FINANCIAL IMPACTS OF CLOSING ITS INVISALIGN STORES AND DIVESTITURE OF ITS EQUITY INVESTMENT IN SDC.  Full Article

3D Systems Corp - Align Technology Increased Investment In 3D Systems
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Align Technology Inc ::3D SYSTEMS CORP - ALIGN TECHNOLOGY HAS INCREASED ITS INVESTMENT IN 3D SYSTEMS.  Full Article

Align Technology Board Authorizes $600 Mln Stock Repurchase Program
Wednesday, 23 May 2018 

May 23 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY INC - ALIGN REAFFIRMED ITS FINANCIAL GUIDANCE FOR Q2 AND FULL FISCAL YEAR 2018.ALIGN TECHNOLOGY INC - UPDATED ITS LONG-TERM FINANCIAL MODEL REVENUE GROWTH RATE TARGET FROM A RANGE OF 15-25% TO A RANGE OF 20-30%.ALIGN TECHNOLOGY INC - BOARD OF DIRECTORS HAS AUTHORIZED A STOCK REPURCHASE PROGRAM.ALIGN TECHNOLOGY INC - UNDER PROGRAM, ALIGN TECHNOLOGY MAY PURCHASE UP TO $600 MILLION OF ITS COMMON STOCK OVER NEXT THREE YEARS.ALIGN TECHNOLOGY INC - LATEST AUTHORIZATION IS IN ADDITION TO EXISTING $300 MILLION AUTHORIZATION ANNOUNCED IN APRIL 2016.  Full Article

Align Technology Announces China FDA Approval For The Itero Element Intraoral Scanner
Thursday, 26 Apr 2018 

April 25 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ANNOUNCES CHINA FOOD AND DRUG ADMINISTRATION APPROVAL FOR THE ITERO ELEMENT INTRAORAL SCANNER.  Full Article

Align Technology Rejects SmileDirectClub Claim That Invisalign Store Pilot Constitutes Breach Of Non-Compete And Confidentiality Provisions
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY REJECTS SMILEDIRECTCLUB CLAIM THAT INVISALIGN STORE PILOT CONSTITUTES BREACH OF NON-COMPETE AND CONFIDENTIALITY PROVISIONS.ALIGN TECHNOLOGY - CURRENTLY EVALUATING POTENTIAL IMPACT THAT CLAIM COULD HAVE ON CONSOLIDATED FINANCIAL STATEMENTS.ALIGN TECHNOLOGY - CO DOES NOT ANTICIPATE CLAIM TO IMPACT EXPECTED VOLUMES AND REVENUE FROM SMILEDIRECTCLUB FOR 2018​.ALIGN TECHNOLOGY INC - WILL CONTINUE TO OPERATE INVISALIGN STORE PILOT PROGRAM.  Full Article

Align Enters Into Credit Agreement With Wells Fargo
Wednesday, 28 Feb 2018 

Feb 27 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY INC - ‍ON FEB 27, CO ENTERED INTO A CREDIT AGREEMENT, BETWEEN COMPANY AND WELLS FARGO BANK, NATIONAL ASSOCIATION - SEC FILING​.ALIGN TECHNOLOGY INC - ‍CREDIT AGREEMENT PROVIDES FOR A $200.0 MILLION SECURED REVOLVING CREDIT FACILITY WITH A $50.0 MILLION LETTER OF CREDIT​.ALIGN TECHNOLOGY INC - ‍COMMITMENTS UNDER CREDIT AGREEMENT EXPIRE ON FEBRUARY 27, 2021​.  Full Article

Align Technology Says On Feb 7, Smiledirectclub Terminated, Repaid In Amounts Outstanding Under, Loan And Security Agreement With Co
Tuesday, 13 Feb 2018 

Feb 12 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY SAYS ON FEB 7, SMILEDIRECTCLUB TERMINATED, REPAID IN AMOUNTS OUTSTANDING UNDER, LOAN AND SECURITY AGREEMENT WITH CO - SEC FILING.ALIGN TECHNOLOGY - PROVIDED SMILEDIRECTCLUB WITH REVOLVING LINE OF CREDIT OF UP TO $30 MILLION.ALIGN TECHNOLOGY - FOLLOWING TERMINATION, CO CONTINUES TO OWN EQUITY INTERESTS IN SMILEDIRECTCLUB.ALIGN TECHNOLOGY - FOLLOWING TERMINATION, CO CONTINUES TO MANUFACTURE, SUPPLY CERTAIN CLEAR PRODUCTS TO SMILEDIRECTCLUB.  Full Article

Align Technology Advanced Treatment Planning Patent Affirmed By Three-Judge Panel
Friday, 9 Feb 2018 

Feb 8 (Reuters) - Align Technology Inc ::ALIGN TECHNOLOGY ADVANCED TREATMENT PLANNING PATENT AFFIRMED BY THREE-JUDGE PANEL.ALIGN TECHNOLOGY - DECISION FOUND THAT CLEARCORRECT HAD FAILED TO SHOW A REASONABLE LIKELIHOOD THAT ANY OF 42 CLAIMS IN '444 PATENT WERE UNPATENTABLE.  Full Article

Align Technology Says ‍Q4 Revenues Up 43.7 Pct Year-Over-Year​
Wednesday, 31 Jan 2018 

Jan 30 (Reuters) - Align Technology Inc ::‍Q4 REVENUES UP 43.7% YEAR-OVER-YEAR TO A RECORD $421.3 MILLION​.QTRLY ‍DILUTED EPS OF $0.13​.‍Q4 TOTAL INVISALIGN CASE SHIPMENTS UP 34.2% YEAR-OVER-YEAR TO 255.0 THOUSAND​.ALIGN TECHNOLOGY - QTRLY ‍DILUTED EPS INCLUDES $86.6 MILLION TAX EXPENSE, OR $1.06 PER DILUTED SHARE NEGATIVE IMPACT DUE TO NEW U.S. TAX CUT AND JOBS ACT​.FOR Q1 OF 2018 SEES NET REVENUES IN RANGE OF $400 MILLION TO $410 MILLION.SEES Q1 2018 DILUTED EPS IN RANGE OF $0.94 TO $0.98.Q1 EARNINGS PER SHARE VIEW $0.88, REVENUE VIEW $396.3 MILLION -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $396.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Align Technology ‍announced an agreement with GlideWell Dental to distribute Itero Element​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Align Technology Inc :Align Technology expands distribution for Itero Element(R)and enhances same-day dental restorations with GlideWell Dental.Align Technology Inc - ‍Announced an agreement with GlideWell Dental to distribute Itero Element​.  Full Article

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U.S. healthcare stocks shielded from political pressures prove profitable

NEW YORK U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of the sector.