News Breaks |
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| March 5, 2013 |
| 09:04 EDT |  | CREE, HD | Cree introduces new line-up of LED bulbs at lower retail price point
Cree (CREE) introduced a new series of LED bulbs at a series of lower retail price points. The long-lasting LED bulbs shine as brightly as comparable incandescents while saving 84% of the energy compared to traditional bulbs, the company said. The Cree LED bulbs are backed by a 10-year limited warranty and available exclusively at The Home Depot (HD) at a retail price of $9.97 for the warm white 40-watt replacement, $12.97 for the 60-watt warm white replacement and $13.97 for the 60-watt day light. |
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News For CREE;HD From The Last 14 Days Check below for free stories on CREE;HD the last two weeks. |
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| May 16, 2013 |
| 14:44 EDT |  | CREE | Cree management to meet with JPMorgan
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| May 15, 2013 |
| 07:52 EDT |  | HD | Home Depot June volatility low into Q1 and revenue growth outlook
Home Depot June, July and August call option implied volatility is at 17; below its 26-week average of 21 according to Track Data, suggesting decreasing price movement into the expected release of Q1 results on May 21. |
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| 05:59 EDT |  | HD | Corporate boards recruit newcomers with digital knowledge, WSJ reports
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| May 14, 2013 |
| 10:01 EDT |  | CREE | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AVG Technologies (AVG) downgraded to Neutral from Buy at Goldman... Cigna (CI) downgraded to Hold from Buy at Jefferies... Cree (CREE) downgraded to Neutral from Buy at Sterne Agee... Melco Crown (MPEL) downgraded to Neutral from Buy at UBS... SolarCity (SCTY) downgraded to Neutral from Buy at Roth Capital... KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James... Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James... Alere (ALR) downgraded to Hold from Buy at Craig-Hallum... Evolution Petroleum (EPM) downgraded to Hold from Buy at MLV Equity... Oil States (OIS) downgraded to Hold from Buy at BB&T... VIVUS (VVUS) downgraded to Neutral from Buy at Lazard Capital. |
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| 07:36 EDT |  | CREE | Cree price target raised to $73 from $62 at Lazard Capital
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| 07:25 EDT | | CREE | Cree downgraded at Sterne Agee
As previously reported, Sterne Agee downgraded Cree to Neutral from Buy. The firm's checks indicate Philips Lighting North America has been aggressive in its marketing efforts forcing agents to choose between Philips and Cree lighting products. The analyst believes this will result in increased disruptions for Cree and lowered its price target to $59 from $66. |
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| 06:17 EDT | | CREE | Cree downgraded to Neutral from Buy at Sterne Agee
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| May 10, 2013 |
| 08:37 EDT | | CREE | Cree management to meet with Deutsche Bank
Field trip to company headquarters to be held in Durham, NC on May 10 hosted by Deutsche Bank. |
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