Cree (CREE +1.4%) took off once again on takeover rumors, but has since given back some of its...

|By:, SA News Editor

Cree (CREE +1.4%) took off once again on takeover rumors, but has since given back some of its gains; it's been speculated for years that lighting giants GE and Philips (PHG) might be interested in making a bid. As always, the company says it won't comment on rumors. (October)