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Stock Market & Financial Investment News

News For CREE;ISRG From The Last 14 Days
Check below for free stories on CREE;ISRG the last two weeks.
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May 21, 2013
06:37 EDTCREERevenues for LED drivers to triple by 2015, Digitimes reports
Global revenues for LED ddrivers used in general lighting applications is expected to triple by 2015, reports DigiTimes. Citing IMS Research, the market governing LED driver ICs will surge to $666M in 2015 from $214M in 2012. Reference Link
May 20, 2013
15:42 EDTISRGViking Global reports 5.1% passive stake in Intuitive Surgical
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May 16, 2013
14:44 EDTCREECree management to meet with JPMorgan
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May 14, 2013
17:48 EDTISRGLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
10:01 EDTCREEOn 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.
07:36 EDTCREECree price target raised to $73 from $62 at Lazard Capital
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07:25 EDTCREECree 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.
06:17 EDTCREECree downgraded to Neutral from Buy at Sterne Agee
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May 10, 2013
12:56 EDTISRGIntuitive Surgical drops after identifying defect in robot tool
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09:21 EDTISRGIntuitive Surgical volatility flat
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09:10 EDTISRGIntuitive Surgical warns on 'potential issue' with instrument, CNBC says
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08:37 EDTCREECree 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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