Macy's, Inc. (NYSE:M) cut its guidance range for full year earnings, as it reported fiscal Q3 earnings that exceeded estimates. M is trading in the upper half of the 52-week range between $46.12 and $63.10. Macy's, Inc. (NYSE:M) said it now expects earnings of $4.25 to $4.35 per diluted share, down from the previous guidance range between $4.40 to $4.50 and below the $4.42 average estimate from analysts polled by Capital IQ. Comparable sales, including departments licensed, is expected to increase 1.2% to 1.5% - or by 0.7% to 1.0% excluding licensed businesses. That is down from the previous guidance for total comparable sales of 2% to 2.5% - or by 1.5% to 2% excluding licensed businesses.Earnings in the quarter ended Nov. 1 rose to $217 million or $0.61 per diluted share, from $177 million or $0.47 a year ago, exceeding the $0.50 average estimate. Comparable sales, excluding licensed businesses, fell 1.4%. Including the licensed businesses, comparable sales rose 0.8% Total sales fell to $6.20 billion from $6.28 billion, shy of the $6.34 billion consensus estimate. CEO Terry Lundgren said that while the company is pleased with its earnings, sales fell short of expectations. Also, despite cutting its guidance, Lundgren struck an upbeat tone about Q4, saying the company has a "strong opportunity to grow its business this holiday."Click here for a free comprehensive Trend Analysis ReportMaterialise NV (ADR) (NASDAQ:MTLS), a provider of manufacturing software and 3D printing services, reported better-than-expected Q3 earnings and revenues that topped the consensus of analysts polled by Capital IQ. Q3 EPS totaled EUR0.05 ($0.07) per diluted share, compared to EUR0.04 in the year-ago period. Analysts were expecting a loss of EUR 0.01 per share. Revenues increased 17% year-on-year to EUR 19.8 million ($24.96 million), beating the consensus of EUR 19.6 million. For fiscal 2014, the company expects sales between EUR 79 million and EUR 81 million vs. the consensus of EUR 78.8 million. Materialise also said it expects adjusted EBITDA of EUR 5 million and EUR 6 million in fiscal 2014. Materialise NV (ADR) (NASDAQ:MTLS) trades in a 52-week range of $9.05 - $15.15.Click here for a free comprehensive Trend Analysis ReportMellanox Technologies, Ltd. (NASDAQ:MLNX) shares fell nearly 5% after the semiconductor maker said it won't be able to file its quarterly report on time because it has concluded it must make revisions to prior periods. MLNX is trading in the upper half of the 52-week range between $30.58 and $46.96."Management has determined that the accounting for charitable contributions and certain purchase orders in prior periods needs to be revised," the company said in a filing to the Securities and Exchange Commission. Mellanox Technologies, Ltd. (NASDAQ:MLNX) noted that the previously issued quarterly reports were "not materially misstated," but that if the entire correction was to be recorded in the quarter ended Sept 30, 2014, it would be material for the current year. It said the internal controls over financial reporting were "not effective" and will revise financial statements for the years 2013, 2012 and 2011. It said it plans to file its quarterly report as soon as "practicable."Click here for a free comprehensive Trend Analysis Report
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