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ArchiveChina Ore Forecasts Make Investors Nervous (ADBE, TIF, DSW, JEF, BHP, STP, EFOI)Posted by Geoff Seiler at 4:42PM on March 20th
Stocks fell on the day, led lower by material and more economically sensitive names. Comments from mining giant BHP Billiton (BHP) that China wouldn’t consume much more iron ore in 2020 than it does now helped spurred the sell-off. A decline…  Greek Default? Investors Just Ready to Move On (EMC, COH, HOG, DGX, BTX, EFOI)Posted by Geoff Seiler at 4:37PM on January 24th
Despite mixed earnings news, stocks traded modestly lower on the day, although the Nasdaq did manage to squeeze out a small gain. Worries of a Greek default took some steam out of the market after talks with the country’s private… European Dreams Not Coming True (HAL, C, BEXP, STO, GMCR, SNDA, EFOI)Posted by Geoff Seiler at 4:39PM on October 17th
Stocks tumbled as headlines out of Europe put a damper on last week’s rally. Comments from German officials downplaying an upcoming meeting of EU leaders this weekend were the main cause of the market weakness. A spokesman for German Chancellor… China Concerns To Plague LED Stocks, Citi Says (AIXG, VECO, LEDS, EFOI, RBCN, CREE, NEXS, PHG)Posted by Todd Shriber at 12:08PM on July 20th
Shares of Aixtron SE (AIXG), the maker of equipment for the semiconductor and LED industries, are plunging 7% after Citigroup said LED fundamentals in China are weakening due to funding issues. The bank said Aixtron will probably miss second-quarter estimates and… More Bullish Analyst Comments for Cree (CREE, RBCN, VECO, LEDS, EFOI)Posted by Jason Smith at 12:32PM on May 19th
A day after getting a boost thanks to some positive comments from Morgan Stanley, LED lighting maker Cree (CREE) is trading fractionally higher after Cantor Fitzgerald said the stock should be bought at current levels. The research firm said its bullish… Strong Earnings Not Enough To Help Rubicon (RBCN, VECO, AIXG, CREE, LEDS, PHG, EFOI)Posted by Jason Smith at 1:00PM on May 6th
Shares of Rubicon Technology (RBCN), the maker of sapphire substrates for the LED market, are plunging 4% despite an impressive first-quarter earnings report that saw the company handily beat Wall Street estimates. Rubicon earned $19.1 million, or 80 cents a share,… LED Stocks Burn Bright On Veeco Earnings (VECO, RBCN, AIXG, CREE, EFOI)Posted by Jason Smith at 12:56PM on April 26th
Shares of chip equipment maker Veeco Instruments (VECO) are soaring 3% after the company reported first-quarter results that easily topped analysts’ estimates thanks to strong demand in China and issued a solid second-quarter outlook that also outpaces consensus estimates. Veeco delivered… LED Stocks Struggle Ahead Of Cree Earnings (CREE, PHG, VECO, EFOI, LEDS, RBCN)Posted by Jason Smith at 12:12PM on April 19th
Shares of LED giant Cree (CREE), which have shed 24% in the past three months, are down 1% today ahead of the company’s after-the-bell earnings report today, but at least one research firm says the Cree story is somewhat misunderstood. Wunderlich Securities… SemiLEDs Punished By Downgrade (LEDS, CREE, EFOI, RBCN, AIXG, VECO)Posted by Todd Shriber at 12:15PM on April 13th
SemiLEDs (LEDS), the maker of LED chips and components, is suffering at the hands of an analyst downgrade, plunging by 5% after Canaccord pared its rating on the stock to “hold” from “buy,” citing a lack of visibility, increased competition and… Despite Revenue Warning, Cree Still Strong, Oppenheimer Says (CREE, PHG, EFOI, AIXG, LEDS, RBCN, VECO)Posted by Jason Smith at 11:55AM on March 29th
The LED Stocks Index is bouncing to the upside by 1.4% today as one of last weeks’ problem members was on the receiving end of some of positive analyst commentary this morning. Last week’s culprit turned today’s catalyst is Cree (CREE), which is…  |
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