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CREE
Cree, Inc.

5/27/2012, 7:41 PM ET
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CREE Market Currents more »
  • Wednesday 10:46 AM More on Cree: Wunderlich's Theodore O'Neill suggests the company is the First Solar (FSLR) of the LED world. He notes both Cree and First Solar rely on exotic materials few others in in their respective industries use, and argues each company's competitive edge is withering as the materials typically used by rivals - polysilicon for First Solar's competitors, sapphire for Cree's - get cheaper. Meanwhile, Digitimes reports LED prices have stabilized in Q2 thanks to strong demand. (also)
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    [Tech, Quick Ideas]
  • Wednesday 10:39 AM Cree (CREE -5.1%) adds to the losses seen yesterday on news of CFO John Kurtzweil's plans to leave for Extreme Networks (EXTR -2.1%). Not helping is a downbeat assessment from Canaccord, which views the move as a "momentum killer" that while drive Cree shares lower over the near-term. The firm speculates Kurtzweil's departure is linked to a shift in Cree's business model to selling LED lighting fixtures instead of LED chips.
    Comment!
    [Tech, On the Move, Quick Ideas]
  • Tuesday 9:53 AM Cree (CREE -9.3%) plummets after announcing CFO John Kurtzweil has resigned to become the CFO of Extreme Networks (EXTR +4.1%). Corporate controller Michael McDevitt will serve as Cree's interim CFO while a search is conducted for a full-time replacement. At Extreme, Kurtzweil replaces interim CFO Jim Judson. (CREE PR) (EXTR PR)
    Comment!
    [Tech, On the Move]
CREE in Focus more »
CREE Instablog posts more »
  • 12 Stocks Riding Today's Power Trends
    Tue, Apr 17 • Kate Stalter • Comment!
  • Another Great Month! March 2012 Monthly Wrap-Up: IOC, LNKD, GOOG, CF, NFLX, YOKU, FAS, CREE
    Sat, Mar 31 • MyHappyTrading • Comment!
  • Barchart Morning Call 1/17
    Tue, Jan 17 • Jim Van Meerten • Comment!
  • Goodbye Incandescent Bulb, Hello Cree LED
    Thu, Jan 12 • bpitre • Comment!
  • China Phasing out Incandescents Should be Great for GTAT
    Fri, Nov 4, 2011 • Steven D. Friedman • Comment!
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Company Description

Cree, Inc. (“Cree,” “we,” “our,” “us,” or the “Company”) develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. The physical and electronic properties of SiC and GaN offer technical advantages over... More