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Market Wrap For January 21: Dow Hit by Earnings; S&P And Nasdaq End The Day Positive
Tuesday, January 21, 2014 - 5:51pm | 2887Markets ended the day mixed with the S&P 500 ending a two day losing streak. The Dow ended the day slightly in the negative as several Dow components failed to fully satisfy investor expectations with their earnings today. Investors also digested the latest commentary coming from the Wall...
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Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More
Sunday, January 19, 2014 - 2:27pm | 953The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...
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Market Wrap For January 13: Markets Showing Weakness Ahead Of Major Earning Releases
Monday, January 13, 2014 - 5:52pm | 2370Investors and traders were in clear selling mode today ahead of a very busy week of earnings. The Dow suffered a triple digit point loss while the S&P 500 and Nasdaq suffered losses of more than one percent. There were no key economic data releases today. Related: Earnings Expectations For...
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Four Top-Performing Clean Energy ETFs Under $15 (FAN, ICLN, PBD, PBW)
Monday, October 7, 2013 - 12:33pm | 871The top performing exchange traded funds (ETFs) over the six months that are trading for less than $15 a share (as of this writing) are focused on clean energy. Interest in clean energy has seen something of a resurgence this year. First Trust Global Wind Energy (NYSE: FAN), iShares S&P...
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Top Double Digit Winners and Losers From Wednesday, August 14, 2013
Thursday, August 15, 2013 - 1:38pm | 674Sure, Apple (NASDAQ: AAPL) and its move above $500 was big news, but among the small- and medium-cap names, there were newsworthy events along with double digit moves that could have made you a lot of money. Don’t just see these big moves as a one-day event. History shows that often, there is...
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Worldwide LED Tube Light Shipments to Reach 220 Million in 2013
Wednesday, May 22, 2013 - 4:16pm | 476DigiTimes Research said Wednesday that LED tube lighting shipments in 2013 would account for 5.5 percent of the entire lighting market globally. With efficiency reaching 110lm/W, comparable to that of fluorescent bulbs – and with prices coming down – these ultra high efficiency replacements for...
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UPDATE: Morgan Stanley Lowers PT on Cree to $28
Wednesday, June 29, 2011 - 7:44am | 97Morgan Stanley is out with its report today on Cree (NASDAQ: CREE), lowering its PT from $35 to $28. In a note to clients, Morgan Stanley writes, "Price competition in LEDs for lighting is intense. Channel checks indicate Cree needs to cut prices or risk losing market share as competitors are...
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Morgan Stanley Lowers PT On CREE To $28
Wednesday, June 29, 2011 - 6:40am | 26Morgan Stanley has lowered the price target on Cree (NASDAQ: CREE) from $35 t0 $28 and maintains its Underweight rating.
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Jefferies Maintains Buy on Cree
Wednesday, May 18, 2011 - 8:06am | 125Jefferies is out with its report today on Cree (NASDAQ: CREE), maintaining Buy after hosting a meeting with CREE management. In a note to clients, Jefferies writes, "The company believes the end market continues to grow, but that the slower rate and shorter lead time is caused by a problematic...
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Morgan Stanley Reiterates Underweight on Cree (CREE)
Friday, May 13, 2011 - 8:02am | 165Morgan Stanley reiterated its Underweight rating on Cree (NASDAQ: CREE), in spite of the recent surge in Cree's share price. In a research report published today, Morgan Stanley expressed its belief that the recent 10% gain in Cree's value is unwarranted. As a result, it decided to leave its rating...
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For Bears, CREE F3Q11 Was a "Dream Come True"
Wednesday, April 20, 2011 - 9:06am | 129For the bears, Cree Inc.'s (NASDAQ: CREE) F3Q11 was a “dream come true: demand was weak; price was even weaker; revenue missed; margins plummeted; and inventory soared,” Oppenheimer reports. “Exiting 3Q11, a broad (if tepid) uptick in post-Chinese New Year demand and a sequential improvement in...
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JP Morgan Lowers PT On CREE To $56
Wednesday, April 20, 2011 - 8:22am | 26JP Morgan has lowered the price target on Cree (NASDAQ: CREE) from $62 to $56 and maintains its Overweight rating.
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UPDATE: Jefferies Color On CREE Target Decrease
Wednesday, April 20, 2011 - 8:21am | 90Jefferies, which lowered its PT on shares of Cree Inc. (NASDAQ: CREE), is providing some color on the stock. “Cree reported F3Q11 in line with prior guide-down and provided weak F4Q guidance. Given broken down technicals, we expect the stock to remain under pressure,” Jefferies writes. “However,...
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Jefferies Lowers PT On CREE TO $46
Wednesday, April 20, 2011 - 6:44am | 27Jefferies & Company has lowered the price target on Cree, Inc. (NASDAQ: CREE) from $58 to $46 and maintains its Buy rating.
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Wunderlich Downgrades CREE To Hold, PT To $40
Wednesday, April 20, 2011 - 6:21am | 27Wunderlich Securities has downgraded Cree (NASDAQ: CREE) from Buy to Hold and has lowered the price target from $80 to $40.