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Aixtron Aktiengesellschaft (AIXG)

  • Sep. 17, 2012, 11:42 AM
    Veeco (VECO -3.7%) slides after Piper lowers its estimates and makes cautious remarks, albeit while reiterating an Overweight. Though believing LED equipment bookings have bottomed, the firm notes management hasn't yet received "concrete signs" of major pickup in demand. Nonetheless, Piper thinks Veeco and Aixtron (AIXG) will maintain an equipment duopoly, and that 2013 will represent "the beginning of a multi-year upcycle in LED lighting." (UBS)
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  • Jul. 26, 2012, 11:09 AM
    Aixtron (AIXG): Q2 EPS of -$0.12 misses by $0.04.
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  • May. 1, 2012, 11:48 AM
    Veeco's (VECO +15.1%) stronger-than-expected Q1 results and Q2 guidance are also giving a lift to Rubicon Technology (RBCN +11%) and (to a lesser extent) other LED industry names: LEDS +3%. CREE +3.4%. AIXG +3.5%. GTAT +4.2%. However, Canaccord, Sterne Agee, and Needham are staying cautious on account of concerns about weak LED end-market demand. Canaccord thinks LED TV sales will determine Veeco's 2H and 2013 performance.
  • Apr. 26, 2012, 9:20 AM
    Premarket gainers: PATK +26%. HTWR +15%. REGN +14%. NUAN +14%. LOGI +14%. VHC +12%. CTXS +12%. NRGY +10%. EQIX +9%. CRUS +8%. SPPI +8%. INCY +7%. XLNX +7%. WPI +7%. AMRN +5%. EA +7%. MWW +5%. AH +6%. PHM +6%. AIS +5%. AIXG +5%. LSI +4%. TS +3%. UN +3%. ZNGA +3%. FRO +3%. RDS +3%.
    Losers: FURX -28%. PCS -15%. HRB -15%. TQNT -14%. ALU -13%. TSPT -12%. AET -9%. PTX -7%. AKAM -6%. AZN -6%. ZMH -5%. DB -5%. HERO -5%. STD -5%. DOW -4%. CELG -4%. CS -4%. CROX -4%. GG -3%. BWA -3%. UNH -3%. LVS -3%. VALE -3%. UPS -3%. POT -3%.
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  • Apr. 26, 2012, 9:10 AM
    Aixtron (AIXG): Q1 EPS of -EUR0.12 misses by EUR0.08. Revenue of EUR42M (-79.6% Y/Y). Shares +5.1% premarket. (PR)
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  • Apr. 18, 2012, 12:29 PM
    Cree's (CREE -5.9%) FQ3 miss and soft FQ4 guidance is unsurprisingly bringing down other LED industry firms. RBCN -3.3%. LEDS -1.8%. AIXG -2.6%. ThinkEquity has responded to the news by downgrading Cree to Hold. Staying bullish is Oppenheimer, which thinks sales disruptions caused by the Rund acquisition are causing short-term problems. Needham and Jefferies expect Cree's margins to expand as business recovers. (transcript)
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  • Mar. 26, 2012, 10:28 AM
    Canaccord reiterates its bearish view on the LED equipment sector, chopping its rating on Aixtron (AIXG +1.7%) to Sell from Hold and repeating a Sell on Veeco (VECO +0.1%). The firm says recent strength in the sector reflects “restocking and double ordering,” and that “expectations are not aligned with fundamentals - again," differing from recent upbeat outlooks (I, II).
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  • Mar. 23, 2012, 3:11 PM
    B. Riley starts coverage of the LED lighting sector, tagging Veeco (VECO +3.2%), Aixtron (AIXG +3.4%) and Cree (CREE +2.1%) with Buy ratings and Rubicon (RBCN +4.4%) at Neutral. Orders at VECO and AIXG could snap back in H2 2012 "driven by improving general lighting demand"; CREE should rise as "general lighting demand [is] expected to drive the LED cyclical recovery."
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  • Mar. 20, 2012, 12:02 PM
    CLSA cuts its rating on LED equipment maker Veeco (VECO -6.8%) to Sell, citing increased downside risk once investors realize an order recovery is not just around the corner. The firm sees a V-shaped recovery as “highly unlikely” given the magnitude of sector over-investment in 2009-2011 and capital intensity compression expected in 2012. Also: AIXG -4.9%, CREE -3.9%.
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  • Mar. 19, 2012, 9:05 AM
    Premarket gainers: ABVT +14%. DYN +10%. THLD +6%. NBG +6%. PWRD +4%.
    Losers: S -5%. IRE -4%. FRO -3%. AIXG -3%. ACI -3%.
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  • Mar. 15, 2012, 11:52 AM
    Deutsche's upgrade of Aixtron (AIXG +14.6%) and Veeco Instruments (VECO +10.9%) appears to be giving a lift to other LED industry names. CREE +5%. RBCN +4.1%. LEDS +9.5%. Also helping is a positive UBS note, in which the firm says Cree is likely to benefit from a new federal mandate requiring agencies to spend a minimum of $2B over the next 2 years to make their facilities more energy-efficient.
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  • Mar. 15, 2012, 8:58 AM
    Aixtron (AIXG) and Veeco Instruments (VECO) +13% and +6.5% premarket, respectively, after Deutsche Bank upgrades shares of each, citing attractive risk/reward and expectations for orders to pick up. The firm believes fundamentals for MOCVD equipment suppliers are improving.
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  • Mar. 1, 2012, 10:35 AM
    Aixtron (AIXG -7.1%) reports a Q4 loss pressured full-year results lower, and saw its total order intake decline 31% from 2010 and slowing dramatically in the second half. The LED equipment provider believes 2012 will be a "transitional year" between LED investment cycles with potentially lower revenues.
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  • Feb. 29, 2012, 2:20 PM
    Piper reports the Chinese government has introduced its expected LED lighting subsidies, and considers the news a "positive catalyst" for the industry. SemiLEDs (LEDS +2.4%), which has Chinese manufacturing facilities, is trading higher. However, other industry players are heading in the opposite direction. CREE -2.6%. RBCN -5.8%. VECO -1.5%. AIXG -3%. GTAT -5.6%.
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  • Feb. 21, 2012, 11:52 AM
    Thanks in part to booming Japanese demand, Digitimes Research estimates LED lighting could account for 11.2% of the global lighting market this year, up from just 1.5% in 2009. Moreover, LEDs are expected to account for 25.8% of all lighting sales in 2014. But for now at least, all of that is cold comfort for an industry grappling with overproduction and severe margin pressure.
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  • Feb. 9, 2012, 1:54 PM
    52% of TVs shipped worldwide in Q4 featured LED backlighting, according to Displaybank. This year, the penetration rate is expected to rise to 60%-70%. This growth, however, hasn't been enough to stabilize a very difficult pricing and demand environment for LED industry players; and now that TV penetration growth is slowing, the industry can only hope and wait that lighting demand will eventually pick up the slack.
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Company Description
Aixtron SE provides deposition equipment to the semiconductor industry. Its solutions are used to build components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials.