Cree (CREE +2.1%) is higher on a day when Siemens (SI) announced it plans to cut 4,700 jobs at...
Cree (CREE +2.1%) is higher on a day when Siemens (SI) announced it plans to cut 4,700 jobs at its Osram lighting unit, which competes with Cree in LED lighting, ahead of a spinoff. Though many of the cuts involve factories making traditional lighting products, a Reuters column noted Osram could try to boost profitability by procuring LED chips from third-parties. If Osram went in that direction, Cree would be a potential supplier. LED equipment firms Veeco (VECO -3.7%) and GT Advanced (GTAT -2.6%) are off today.
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at CNBC.com (Jan 20, 2015)
After-Hours Earnings Report for January 20, 2015 : IBM, NFLX, CA, CREE, WWD, FULT, AMD, CLS, IBKR, SMCI, PNFP, ADTNat Nasdaq.com (Jan 20, 2015)
at Nasdaq.com (Jan 16, 2015)
at Benzinga.com (Jan 14, 2015)
at Nasdaq.com (Jan 8, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs