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Stock Market & Financial Investment News

News Breaks
December 13, 2012
09:39 EDTVECOVeeco trades down to test its 10-day moving average, levels to watch
The shares are testing support at the 10-day moving average, last at $29.12. Support below the 10-day is at $28.68. Resistance is at $29.75. The stock was downgraded earlier today at B. Riley to Neutral, with a $31 price target. The firm cited the uncertain view for 1H 2013 and the delayed 10-Q filing as reasons for the downgrade.
News For VECO From The Last 14 Days
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May 22, 2013
06:25 EDTVECOGlobal LED tube light shipments to reach 220M units in 2013, DigiTimes says
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May 21, 2013
06:37 EDTVECORevenues 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

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