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Eli Lilly and Cree are big market movers
2015-06-26 00:03:05| Agriculture - Topix.net
New York a Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: The New York Post reported that the media company is the target of other potential bidders following its announced deal with Sequential Brands.
Eli Lilly and Cree are big market movers
2015-06-26 00:03:03| Agriculture - Topix.net
The New York Post reported that the media company is the target of other potential bidders following its announced deal with Sequential Brands.
Cree to consolidate Durham's LED factories
2015-06-25 19:00:05| Electronics - Topix.net
That's according to comments made Wednesday evening by CEO Chuck Swoboda to investors. He offered no further local specifics, and Cree still isn't saying whether local jobs will be impacted.
Tags: led
consolidate
cree
factories
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
Cree announces major LED restructuring plan
2015-06-25 02:19:58| Semiconductors - Topix.net
Durham LED maker Cree announced Wednesday that it is restructuring its LED products business - the unit that creates LEDs for everything from televisions to mobile phones. Via a company statement, Cree blames LED market trends that have resulted in "higher LED average selling price erosion" than what had been predicted, as well as "the continued under-utilization of Cree's LED factory."
Tags: plan
major
led
announces
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