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Stock Market & Financial Investment News

News Breaks
July 18, 2014
06:08 EDTAPI, LEDS, CREENavigant: High-bay lighting market shifting to LEDs, DigiTimes reports
Navigant says LED luminaries and lamps for high-bay lighting applications is expected to reach $7B in annual revenues by 2021 from $2.6B in 2014, reports DigiTimes. Navigant says that falling prices and rising efficacy of LEDs will create a tipping point for the large-scale adoption of LEDs in this segment. Reference Link
News For LEDS;CREE;API From The Last 14 Days
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September 16, 2014
09:03 EDTCREECree files lawsuits to protect LED component intellectual property
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September 15, 2014
11:40 EDTCREECree drops, levels to watch
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09:59 EDTCREEOn The Fly: Analyst Downgrade Summary
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09:16 EDTCREEOn The Fly: Pre-market Movers
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08:26 EDTAPIAdvanced Photonix awarded $1.6M contract from U.S. Navy
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05:37 EDTCREEAcuity Brands upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Acuity Brands to Buy saying growth in the company's LED lighting business is averaging over two-times the industry. Goldman is bullish on LED lighting adoption and raised its price target for shares to $153 from $128. The firm coupled the upgrade of Acuity with a downgrade of Cree (CREE) to Neutral.
05:35 EDTCREECree downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Cree (CREE) to Neutral citing slowing growth in the company's chip business. Goldman lowered its price target for Cree shares to $48 and $60 and prefers Acuity Brands (AYI) as an LED lighting investment. Shares of Cree closed Friday down 57c to $42.67. Goldman upgraded Acuity Brands this morning to Buy.
September 12, 2014
10:00 EDTCREEOn The Fly: Analyst Initiation Summary
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September 11, 2014
18:12 EDTCREECree initiated with a Market Perform at Cowen
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September 9, 2014
10:13 EDTCREECree calls active on takeover speculation
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09:52 EDTCREERumor: Cree strength attributed to takeover speculation

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