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Aixtron Aktiengesellschaft (AIXG)

  • 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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  • Jan. 30, 2012, 12:56 PM
    Philips' (PHG -2%) soft Q4 report (I, II), which was followed by earnings call remarks forecasting the recent weakness seen in Philips' Lumileds LED product line will continue in 1H12, appears to be pressuring the shares of other LED industry players. CREE -3.6%. LEDS -4.7%. AIXG -3.9%.
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  • Jan. 17, 2012, 4:22 PM
    More on Cree's FQ2 report: The company expects FQ3 revenue of $290M-$310M and EPS of $0.18-$0.25, below a consensus of $321.4M and $0.30. Its gross margin was 35.3%, down 210 bps Q/Q and 1240 bps Y/Y. SG&A expenses rose 47% Y/Y (boosted by the Rund acquisition), far outpacing revenue growth of 18%. CREE -4.9% AH. Also lower: AIXG -0.9%. VECO -2.2%. (PR)
  • Dec. 15, 2011, 11:47 AM
    Lam Research's (LRCX -3.7%) proposed acquisition (I, II) of Novellus (NVLS +21.1%) is giving a lift to several of the companies' peers, as investors hope the merger of the third and fourth largest U.S. chip equipment makers will spur further consolidation in the downtrodden industry. UTEK +5.8%. CYMI +4.1%. NANO +3.7%. KLIC +4.6%. ASMI +3.3%. AIXG +3.5%. MKSI +3.2%.
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  • Nov. 21, 2011, 9:58 AM
    The LED industry has high hopes for China (I, II), but for now, the Chinese market is as plagued by the industry's near-term woes as other locales, if not more so. Fierce competition among an estimated 5K-6K local suppliers of LED packages has led to "high levels of inventory and oversupply," which in turn has led to plummeting prices for both packages and chips. (earlier)
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  • Nov. 21, 2011, 9:00 AM
    Premarket gainers: GEDU +96%. VRUS +86%. INHX +30%. CLDX +8%. CTIC +6%. CLWR +6%. DNDN +6%. CBE +5%.
    Losers: GERN -7%. KYG -6%. GILD -6%. RIO -5%. FRO -5%. RDN -4%. LNKD -4%. MT -4%. AIXG -3%. INVN -3%. GMCR -3%. CIM -3%. RIMM -3%. ANR -3%. BCS -3%. JEF -3%. AKS -3%. MPEL -3%. MU -3%. RMBS -3%. BHP -3%. DB -3%. TM -3%. NOK -3%. IHG -3%. BIDU -3%. PCX -3%. VALE -3%.
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  • Nov. 10, 2011, 5:24 PM
    Crashing LED prices might be a short-term nightmare for industry players, but they're speeding up the pace at which LEDs become competitive with rival lighting technologies. Firms are targeting LED package prices of 500 lumens/dollar for 2012, and 1,000 lumens/dollar for 2015, putting them five years ahead of DOE targets. (previously)
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  • Nov. 9, 2011, 9:26 AM
    The October sales figures posted by 6 Taiwanese LED firms provide more reason for Western industry players such as CREE, RBCN, AIXG, and VECO to be concerned about near-term industry trends. 5 of the 6 companies posted Y/Y sales declines, with 3 reporting declines north of 25%. SemiLEDs (LEDS), whose manufacturing facilities are in Taiwan, reported weak earnings yesterday.
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  • Nov. 4, 2011, 10:41 AM
    Shares of LED lighting leader Cree (CREE +6.3%) pop on an AP report that China will phase out incandescent light bulbs within five years. China will ban imports and sales of 100-watt and higher incandescent bulbs from Oct. 1, 2012, the country's main planning agency says. Related stocks: LEDS +8.1%, VECO +7.1%, AIXG +2.7%.
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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.