By Mitu Anand : Cree ( CREE ) is one of the leading lights of the LED lighting industry. This ..... of bigger players such as General Electric ( GE ) in this market. Cree has been pushing hard on the innovation front and has introduced a
By Seeking Profits : Cree ( CREE ) has spent much of the past few months trading around $60 even as ..... well. In the most recent quarter (financial data available here ), Cree grew revenue by 20% to $415 million, and earnings jumped by 54
By George Acs : "What correction?" you may rightfully ask. Being creatures of habit, it's sometimes unusual to understand why we're not better at identifying patterns. Sure, we try to see things and ascribe common property characteristics to them, such as cups and handles, but we don't necessarily
Piper's downgrade comes a month after CREE rallied in response to its FQ2 beat . The firm has been bullish on the LED lighting/component vendor for a long time . Post your comment!
By Ayush Singh : Last week, LED lighting specialist Cree ( CREE ) was identified as one of 2014's 50 Smartest Companies ..... margin, however, the stock price has been inconsistent. Cree 's earnings have climbed 54% in each of the last two
By SA Editor Miriam Metzinger : Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday January 30. Dow Report Card: JPMorgan ( JPM ), American Express ( AXP ), Dupont ( DD ), Caterpillar ( CAT ), Microsoft ( MSFT ), United Technologies ( UTX ), Procter & Gamble ( PG
By Fusion Research: Cree ( CREE ) made an important bet on the LED consumer market last year by launching an LED bulb priced below $10. This new bulb consumes 84% lesser energy and provides similar levels of brightness compared to traditional
(Reuters) - Cree Inc , a maker of light-emitting diodes, forecast current-quarter earnings below analysts' average estimate as it expects higher marketing expenses for its LED bulb, sending its...
* Expects 2nd-quarter operating expenses to rise by $5.5 mln
Oct 22 (Reuters) - Cree Inc, a maker of light-emitting diodes (LEDs), reported lower-than-expected first-quarter revenue and forecast current-quarter earnings below analyst estimates, sending its...