Cree Inc. (CREE) announced after the close Wednesday that its Board of Directors has approved a restructuring of the LED Products business and a $500 million stock buyback authorization. The company now expects to report fourth quarter revenues of ...
Realtime Business News · 6/26/2015
Cree continues to depend on the continued strength from its Lighting business while it is unable to add any midpower component manufacturing capacity, two factors that in our opinion drive a lower stock valuation ... and consensus' forecast of $445 million.
Barron's · 8/13/2014
Under Dane Cree's culinary direction they are planning on adding a lot ... But call in advance to make sure it's in stock.
Chicagoist · 11 hours ago
The type and number of shares of stock to be sold and the price range for the proposed IPO has not yet been determined, although Cree intends to remain the majority stockholder of the subsidiary post offering. The IPO is expected to commence after the … · 5/18/2015
The U.S. is no longer importing or manufacturing traditional light bulbs and most stores are busy selling out remaining stock piles. Many people have ... A standard 60-watt-style bulb from Cree Inc. consumes just 9.5 watts and can last for 25 years.
Mashable · ByLance Ulanoff · 10/23/2014
Durham, NC-based Cree Inc acquired Ruud Lighting through a stock and cash transaction valued at approximately $525 million. The companies have a history of partnership in pushing the adoption of LED-based solid-state lighting (SSL), and Cree plans to ...
LEDs Magazine · 8/18/2011
Cree will spin off its Power and RF unit by offering subsidiary Class A common stock. In theory, the semiconductor stock’s overall value should go up, so long as the market assigns a respectable price multiple to the new, publicly traded company.
Kaptiall WIre · 5/29/2015
The convenience, longevity, price points, energy savings and color have come a long way, freeing drawer and cabinet space previously used for back stock. I have tried a variety ... My go-to LED brand is Cree. I just love …
The Huffington Post · 7/24/2015
Unfortunately, Cree isn't exactly and undiscovered, inexpensive stock. We're looking at 29-times forward P/E, a P/E-to-growth-rate of 1.8-times, and EV/S of 8.2-times. However, these numbers are all lower than what they were a couple of weeks ago.
Minyanville · 5/25/2010
Stock buybacks are when companies buy back their own stock, removing it from the marketplace. Stock buybacks increase the value of the remaining shares because there is now less common stock outstanding and company earnings are split among …
YCharts · 12/31/2014

Cree Inc.

Cree Inc. is a multinational manufacturer of semiconductor light-emitting diode materials and devices, with its headquarters in Durham, …
Cree Inc. is a multinational manufacturer of semiconductor light-emitting diode materials and devices, with its headquarters in Durham, North Carolina. Most of its products are based on silicon carbide.
Data from: Wikipedia