41.20 -0.13 (-0.31%)
After hours: 4:47PM EDT
|Bid||40.81 x 100|
|Ask||41.30 x 500|
|Day's Range||41.22 - 42.73|
|52 Week Range||20.50 - 45.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Does the share price for Cree Inc (NASDAQ:CREE) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method. Anyone interested inRead More...
The case for selling Cree, Inc. (NASDAQ: CREE )'s stock no longer applies as the manufacturer of lighting products is "picking up momentum," according to Goldman Sachs. The Analyst Goldman Sachs' ...
Investors looking to buy shares of Cree, Inc. (NASDAQ: CREE ) after the lighting company announced a 345-million-euro ($428 million) acquisition of most of Infineon's radio frequency power business should ...
A failed sale of the LED lighting specialist's radio frequency operations to Infineon suddenly flipped into Cree buying Infineon's matching RF business. Investors are loving this idea.
Cree Inc (NASDAQ:CREE), a semiconductor company based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NasdaqGS. As aRead More...
U.S.-based Cree (CREE.O) said on Tuesday that it had acquired most of Infineon's (IFXGn.DE) Radio Frequency Power Business for around 345 million euros (307.40 million pounds). Cree said it funded the acquisition from cash and borrowings on its revolving line of credit. Cree, based in Durham, North Carolina, makes lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications.
Shares in Zumtobel slumped as much as 17 percent in morning trade after the Austrian lighting group's announcement late on Wednesday of a steep cut to its full-year profit target. Zumtobel shares were the worst performer on Austria's blue-chip index on Thursday morning after its second profit warning in three months, citing a sharp revenue drop in Britain as well as aggressive price competition. European rivals Philips Lighting and Osram were down about 2 percent.
Speaking as the Durham LED giant released its second quarter results, he told analysts Tuesday that the full strategic review he ordered when he replaced former CEO Chuck Swoboda last year is nearly complete. Asked repeatedly if analysts should expect restructuring or even manufacturing plant closures to come out of the review, Lowe asked for patience. Lowe predicts completing the review in time to release a plan for Cree’s next five to 10 years before the end of the current quarter.
U.S. equities were mixed Tuesday as budget and immigration talks are on the horizon as the government is close to reopening. The S&P 500 Index gained 0.2%, the Dow Jones Industrial Average lost a fraction and the Nasdaq Composite gained 0.7%.
The Durham, North Carolina-based company said it had net income of 14 cents per share. Losses, adjusted for one-time gains and costs, came to 1 cent per share. The results did not meet Wall Street expectations. ...
Investors in Cree, Inc. (CREE) need to pay close attention to the stock based on moves in the options market lately.
Cree Inc. (CREE) gain from higher demand for LED products, recovery in utilization rates and continued cost cutting measures.
Cree, Inc. (CREE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Durham LED firm Cree isn't talking details when it comes to the recent departure of two of its top lighting executives – Daniel Castillo, former executive vice president of lighting, and Keith Eagles, the division’s former senior vice president of sales. A spokeswoman said this week is that Cree's former vice president of lighting marketing, Craig Atwater, is serving as interim president of the unit in Castillo’s stead. Angelo Zino, a CFRA Research analyst, says Castillo’s departure came as a “complete shock,” as it’s such an important position at Cree. It shows new CEO Gregg Lowe isn't afraid of making big changes, he says.
Durham-based LED manufacturer Cree confirmed two major departures Tuesday in its lighting division. Daniel Castillo, president of the lighting division, is no longer with the firm, nor is Keith Eagles, senior vice president of sales at Cree’s commercial lighting business. “Cree remains focused on executing their lighting strategy,” she said in an email.
Anzu Partners closed its debut fund at $128.4 million to back "hard tech" start-ups working on tech for industrial use.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Cree, Inc. Here are 5 ETFs with the largest exposure to CREE-US. Comparing the performance and risk of Cree, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)