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Stock Market & Financial Investment News

News For CREE;ISRG From The Last 14 Days
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October 20, 2014
07:11 EDTISRGAmerican Society for Reproductive Medicine to hold annual meeting
2014 Annual Meeting of ASRM is being held in Honolulu on October 18-22.
07:01 EDTISRGIntuitive Surgical Q3 expectations achievable, says Jefferies
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October 17, 2014
13:55 EDTISRGIntuitive Surgical volatility elevated into Q3 and outlook
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06:41 EDTISRGIntuitive Surgical upgraded to Outperform from Market Perform at Leerink
Leerink upgraded Intuitive Surgical to Outperform saying it has greater confidence in the company's ability to accelerate procedure growth after surveying surgeons. The firm raised its price target for shares to $560 from $450.
06:28 EDTCREEIHS: LED smart bulb shipments to surpass 11M units in 2018, DigiTimes says
LED smart bulb shipments is expected to reach more than 11M units in 2018, reports DigiTimes, citing the IHS. Approximately 880,000 connected LED smart bulbs were shipped globally in 2013. Reference Link
October 16, 2014
13:39 EDTCREECree October weekly volatility elevated into Q1 and outlook
Cree October weekly call option implied volatility is at 77, November is at 56, December is at 45, January is at 47, March is at 45, compared to its 26-week average of 40 according to Track Data, suggesting larger movement into the expected release of Q1 results after the market close on October 21.
06:24 EDTCREELED lighting demand expected to be weak in Q4, DigiTimes reports
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October 15, 2014
06:26 EDTCREESeptember 7W LED bulb prices grow sequentially in China, DigiTimes reports
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October 14, 2014
06:25 EDTCREEReplacement of conventional lighting with LEDs picks up pace, DigiTimes says
The replacement of conventional lighting with LED has picked up pace in the United States and Europe as power utilities offer subsidies for LED lighting products and the EU lowers the RoHS Directive maximum mercury content, reports DigiTimes. According to industry sources in Taiwan, the average retail price for an Energy Star-certified LED light bulb in place of a 40W incandescent bulb in the US market is $3.99 and that for a 60W-equivalent LED light bulb stands at $5-$6. Reference Link
October 9, 2014
10:06 EDTCREECree calls active on renewed takeover chatter
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09:42 EDTCREERumor: Cree moves up on renewed takeover chatter
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06:34 EDTCREEGlobal LED lighting demand to grow 180%-190% by 2018, DigiTimes Research says
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October 8, 2014
11:20 EDTCREELighting Science Grp names Nesbit COO
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October 7, 2014
09:05 EDTCREECree achieves production milestone with U.S. DoD
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06:17 EDTCREENavigant: Market for LEDs in residential apps set to explode, DigiTimes says
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October 6, 2014
11:25 EDTISRGIntuitive Surgical volatility increases on rally after Goldman upgrades
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11:17 EDTISRGIntuitive Surgical climbs after Goldman ups to Buy
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10:41 EDTISRGIntuitive Surgical rises, levels to watch
At time of writing the shares were up over 3.9% to $493.83, well down from the session high at $505.74 which is resistance. At current price support is at the session low at $489.32, the opening price of the day. Goldman earlier upgraded the shares to a Buy, with a $584 price target.
10:04 EDTISRGOn The Fly: Analyst Upgrade Summary
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05:22 EDTISRGIntuitive Surgical upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Intuitive Surgical (ISRG) to Buy citing an improving hospital spending environment and long-term uptake of surgery procedures in the U.S. The firm raised its price target for shares to $584 from $466. Shares of the robotic surgery maker closed Friday at $475.21.

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