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Cree Stock Falls After Announced LED Business Restructuring
2015-06-25 16:43:38| Semiconductors - Topix.net
Cree said it will restructure its LED Products business to "reduce excess capacity and overhead to improve the cost structure moving forward," in response to recent LED market trends leading to higher price erosion than it expected. The company will also increase its LED reserves to reflect the more aggressive pricing environment in the current quarter and to factor in a more conservative price outlook for fiscal 2016.
Tags: business
stock
led
falls
Valero director pockets $300,000 from stock sale
2015-06-25 13:28:14| Energy - Topix.net
Valero Energy Corp. Director Stephen Waters sold 5,000 shares of company stock late last week that made him $302,350 in the transaction. The inside trade was disclosed in a filing with the Securities and Exchange Commission.
Tags: sale
stock
director
pockets
Valero director pockets $300,000 from stock sale
2015-06-25 13:02:39| Oil & Gas - Topix.net
Valero Energy Corp. Director Stephen Waters sold 5,000 shares of company stock late last week that made him $302,350 in the transaction. The inside trade was disclosed in a filing with the Securities and Exchange Commission.
Tags: sale
stock
director
pockets
Ensinger's Tecapeek Offers Engineers a High Quality, Lower Stress, Easier to Machine Stock Shape
2015-06-25 12:31:09| Industrial Newsroom - All News for Today
Ensinger, Inc., a world leading PEEK extruder, has been using Victrex PEEK polymer for extruding TECAPEEK for over thirty years. VICTREX, the first resin supplier to make PEEK polymer, owns and controls the resin manufacturing process from start to finish. Control of the process assures integrity of the finished...
Tags: high
quality
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stock
United Technologies (UTX) Stock Declined After Credit Suisse Lowered Price Target
2015-06-25 12:02:28| Paper - Topix.net
United Technologies provides high technology products and services to the building systems and aerospace industries through Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems and its Sikorsky segments. The firm lowered 2015 earnings estimates to $6.83 from $6.94, with 2016 and 2017 earnings estimates reduced to $7.43 from $7.53, and $7.87 from $8.02 per share, respectively.
Tags: price
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