|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||41.22 - 42.73|
|52 Week Range||20.50 - 45.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.80|
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...
NEW YORK, NY / ACCESSWIRE / March 15, 2018 / U.S. markets' slide extended on Wednesday as concerns over a potential trade war with China continues to grow. The Dow Jones Industrial Average dropped 1.00 ...
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.
Cree, Inc. has acquired assets of Infineon Technologies AG Radio Frequency Power Business for approximately € 345 million. The transaction expands the Cree Wolfspeed business unit’s wireless market opportunity.
Cree, Inc. announces that it signed a strategic long-term agreement to produce and supply its Wolfspeed™ silicon carbide wafers to Infineon Technologies AG .
Cree, Inc. announces the appointment of Thomas Wessel as senior vice president of global sales and marketing, effective Feb. 19, 2018. In this role, Wessel will report to Gregg Lowe and oversee sales and marketing for the Wolfspeed™ power and radio frequency and Cree LED components businesses.
NEW YORK, Feb. 15, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Umpqua ...
Cree, Inc. will host an Investor Day on Monday, Feb. 26, 2018 at 9:00 a.m. ET in New York City. The event will feature presentations on the Company’s strategy and long-term financial outlook.
Stock Monitor: Lam Research Post Earnings Reporting LONDON, UK / ACCESSWIRE / January 26, 2018 / Active-Investors.com has just released a free earnings report on Cree, Inc. (NASDAQ: CREE ). If you want ...
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. ...
Cree, Inc. today announced financial results for its second quarter of fiscal 2018, ended December 24, 2017. Revenue for the second quarter of fiscal 2018 was $368 million, which represents an 8% decrease compared to revenue of $401 million for the second quarter of fiscal 2017 and a 2% increase compared to the first quarter of fiscal 2018.
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.