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Stock Market & Financial Investment News

News Breaks
November 2, 2012
06:34 EDTLEDS, CREE, AIXG, VECOLextar chairman expects tough competition in LED market, DigiTimes says
Lextar, a LED subsidiary of AU Optronics (AUO) expects tough competition for the next 2-3 years and especially in 2013, reports DigiTimes. Chairman of Lextar David Su believes that by 2014-2015, fluctuations in the lighting market will begin to ease. Reference Link
News For LEDS;CREE;AIXG;VECO From The Last 14 Days
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May 23, 2013
12:22 EDTAIXGAixtron downgraded to Neutral from Buy at Goldman
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May 22, 2013
10:00 EDTCREEOn The Fly: Analyst Upgrade Summary
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08:09 EDTCREECree upgraded at Sterne Agee
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06:31 EDTCREECree upgraded to Buy from Neutral at Sterne Agee
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06:25 EDTVECO, CREE, LEDS, AIXGGlobal LED tube light shipments to reach 220M units in 2013, DigiTimes says
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May 21, 2013
06:37 EDTVECO, LEDS, CREE, AIXGRevenues 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 16, 2013
14:44 EDTCREECree management to meet with JPMorgan
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May 14, 2013
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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