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Stock Market & Financial Investment News

News Breaks
August 28, 2013
10:53 EDTVECO, AIXG, CREE, LEDSCree advances after analyst says survey bodes well for company
Shares of LED light bulb maker Cree (CREE) are climbing after research firm Piper Jaffray wrote that consumers' attitudes towards lighting products bode well for the company. WHAT'S NEW: In a survey of consumers, 85% of respondents said they care more about the energy efficiency, quality and lifetime of light bulbs than their price, up from 74% of consumers who had expressed those sentiments in a survey last year, Piper analyst Jagadish Iyer wrote in a note to investors. Moreover, 60% of those who responded to this year's survey are willing to pay $10-$15 for a LED light bulb, while 30% are willing to pay up to $20, Iyer reported. Cree should benefit from these trends, as it appears that competitors that sell cheaper but lower quality LED light bulbs will have difficulty gaining momentum in the consumer market, the analyst contended. Meanwhile, over 90% of respondents to the survey considered themselves knowledgeable about LED lighting, up from 73% a year ago, the analyst added. Cree's revenue from consumer bulbs should surge to $28 million by the fourth quarter of 2014, up from about $14 million last quarter, the analyst wrote. He reiterated a $71 price target and Overweight rating on Cree's shares. PRICE ACTION: In mid-morning trading, Cree climbed 3.43% to $55.70. OTHERS TO WATCH: Other companies that produce LED products or equipment used to make LED products include Veeco Instruments (VECO), Aixtron (AIXG), and SemiLEDS (LEDS).
News For CREE;VECO;LEDS;AIXG From The Last 14 Days
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March 27, 2015
10:31 EDTCREEOptions with increasing implied volatility
Options with increasing implied volatility: ZU ARWR HLSS CREE BMRN SWKS IOC CMG INFN HOT
March 26, 2015
10:56 EDTCREEOptions with increasing implied volatility
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March 25, 2015
10:51 EDTCREEOptions with increasing implied volatility
Options with increasing implied volatility: CLDN CMG CREE AMZN ISRG MAC UA VMW SLXP
March 24, 2015
10:40 EDTCREEOptions with increasing implied volatility
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10:32 EDTCREEOptions with increasing implied volatility
Options with increasing implied volatility: MAC CMG HLSS PSEC ISRG AMZN CREE
March 17, 2015
05:55 EDTCREE, LEDSLEDinside: LED industrial market to reach $2.37B in 2015, DigiTimes says
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