Oppenheimer Reiterates Perform on Cree (CREE) Following 4Q Report

Canaccord Genuity Trims PT on Cree (CREE) to $22; Continuing to Face Uphill Battle

August 17, 2016 9:45 AM EDT

Canaccord Genuity lowers it price target on Hold-rated Cree (Nasdaq: CREE) from $24 to $22 following Q2 results.

Analyst Jed Dorsheimer commented, Cree's sale of its Wolfspeed Power & RF segment will allow the company to focus on Cree 3.0, the company's initiative to become a more valuable... More

Pre-Open Stock Movers 8/17: (SKYS) (SCYX) (NVIV) Higher; (STEM) ((JASO) (CREE) Lower

August 17, 2016 9:27 AM EDT

Sky Solar Holdings, Ltd. (Nasdaq: SKYS) 34.9% HIGHER; announced that the Company entered into a Letter of Intent with Solar Partnership Capital Ltd (Solar Partnership or SPC), a non-affiliate of the Company in certain Japanese projects, pursuant to which Solar Partnership confirmed its intention to acquire interests it currently does not own in 152 MW of solar projects from Sky Solar Japan K.K. (SSJ) and to take on certain specified liabilities associated with respect to those projects (the Transaction Assets) for a total purchase price of JPY17 billion (approximately $US165 million), subject to certain... More

Needham & Company Remains Neutral on Cree (CREE) Following Q2 Results; Sees 2017 as 'Transitional' Year

August 17, 2016 6:36 AM EDT

Needham & Company affirms Cree (Nasdaq: CREE) with a Hold rating following FQ416 results issued Tuesday night.

The firm commented, CREE's F4Q16 (Jun) earnings slightly missed Street estimates. While the Street's model is a mixed bag of projections with and without the... More

UBS Downgrades Cree (CREE) to Sell

August 17, 2016 6:20 AM EDT

UBS downgraded Cree (NASDAQ: CREE) from Neutral to Sell with a price target of $21.00 (from $24.50).

For an analyst ratings summary and ratings history on Cree click here. For more ratings news on Cree click here.

Shares of Cree closed at $27.48 yesterday.

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Cree (CREE) volatility elevated into lowering Q1 EPS guidance

August 17, 2016 5:16 AM EDT

Cree (NASDAQ: CREE) is recently down $2.33 to $25.25 in the premarket after the lighting company reported Q4 EPS of $0.19, $0.01 worse than the analyst estimates. Cree sees Q1 adjusted EPS 10c-16c, compared to consensus 22c. August call option implied volatility is at 86, September is... More

After-Hours Stock Movers 8/16: (URBN) (AEO) (LL) (WLDN) (OSIS) (MEET) Higher; (CREE) (INCR) (PLKI) (SO) (VNET) Lower

August 16, 2016 5:21 PM EDT

Urban Outfitters (NASDAQ: URBN) +10.3%; reported Q2 EPS of $0.66, $0.10 better than the analyst estimate of $0.56. Revenue for the quarter came in at $890.6 million versus the consensus estimate of $886.84 million.

American Eagle Outfitters (NYSE: AEO) +2.3%; reports pre-market.

Lumber Liquidators (NYSE: LL) +6.9%; announced the final resolution of the Proposition 65 lawsuit originally filed on July 23, 2014, in the Superior Court of the State of... More

UPDATE: Cree (CREE) Misses Q4 EPS by 1c; Guides Q1 Below Views

August 16, 2016 4:01 PM EDT

(Updated - August 16, 2016 4:05 PM EDT)

Cree (NASDAQ: CREE) reported Q4 EPS of $0.19, $0.01 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $388.4 million versus the consensus estimate of $385.83 million.

Business Outlook:

For its first quarter of fiscal 2017 ending September 25, 2016, Cree targets consolidated revenue, which includes both continued and discontinued operations, in a range of $356 million to $378 million. Consolidated GAAP net income is targeted at $5 million to $6 million, or $0.05 to $0.06 per diluted share.... More

Cree (CREE) August 27.5 straddle priced for 7.3% movement into Q4

August 16, 2016 3:49 PM EDT

Cree (NASDAQ: CREE) August 27.5 straddle priced for 7.3% movement into Q4

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Cree (CREE) August volatility elevated into Q4 and outlook

August 16, 2016 5:23 AM EDT

Cree (NASDAQ: CREE) August call option implied volatility is at 86, September is at 39; compared to its 52-week range of 29 to 60 into the expected release of Q4 results today after the market close.

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Trading Radar for 8/16: Home Depot (HD), Dick's Sporting Goods (DKS), Urban Outfitters (URBN), TJX Cos. (TJX) Report

August 15, 2016 2:38 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

CPI - Street sees 0.0%Core CPI - Street sees 0.2%Housing Starts - Street sees 1.167MBuilding Permits - Street sees 1.153M

9:15am... More

Option volume flows

August 15, 2016 4:31 AM EDT

Stocks and options expected to have increasing volume; CREE DKS URBN TJX CSCO HD LOW

Stocks with increasing call volume on August 12; HAIN RDC LQD ITUB HRB AGEN OCLR EMB QVCA YY

Stocks with increasing put volume on August 12; EWC HAIN INVN SNY EMB RDC LQD HP APOL DY ODP

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Option volume flows

August 15, 2016 4:30 AM EDT

Stocks and options expected to have increasing volume; CREE DKS URBN TJX CSCO HD LOW

Stocks with increasing call volume on August 12; HAIN RDC LQD ITUB HRB AGEN OCLR EMB QVCA YY

Stocks with increasing put volume on August 12; EWC HAIN INVN SNY EMB RDC LQD HP APOL DY ODP

... More