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Stock Market & Financial Investment News

News Breaks
January 15, 2014
07:16 EDTCREECree longer term outlook still positive, says Wedbush
Wedbush expects Cree to report roughly in-line Q2 results and thinks the company could provide weak Q3 guidance,. However, the firm believes that the company's margins and revenue can expand over the longer term, as LED chip prices increase. The firm keeps a $77 price target and Outperform rating on the stock.
News For CREE From The Last 14 Days
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February 25, 2015
06:01 EDTCREEGlobal LED lighting demand in 2015 valued at $30B, DigiTimes Research reports
The global LED lighting market value in 2015 is estimated to increase 24.8% to $29.91B, reports DigiTimes Research. There will be approximately 1.81B LED light bulbs shipped globally in 2015 and global LED light tube shipments will reach 520M units. Reference Link

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