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CREE

Wall Street Underwhelms as Earnings Take Center-Stage

Michael Teague | Equities.com |

Wall Street was lower by Wednesday’s closing bell, as recent worries about D.C. politics and Treasury spending gave way to earnings results from the recently-ended third quarter. After yet


Nvidia Tops Analyst Q1 Profit Expectations by 80 Percent, Provides Tepid Outlook for Q2

Andrew Klips | Equities.com |

Analysts weren’t expecting much from graphics chip maker Nvidia Corp. (NVDA) in the first quarter given the slowdown in the personal computer industry, but the Santa Clara, California-based


Cree, Inc. Soars Ahead of Market with Cheaper Bulbs and Raised Guidance

Michael Teague | Equities.com |

Cree, Inc. (CREE) was up as much as 16 percent at one point during Tuesday’s trading with shares trading at $51.70.  The gains come as the company announced it will be offering a new 40-watt


Equities Sector Coverage: Dow Closes Above 13,000 As Investors Shrug Off More Cliff News

Sector Recap | Equities.com |

Initial Jobless Claims came in at 393,000 in the latest week, well above the 350,000 recessionary threshold. The Dow Jones Industrial Average rebounded to 13,062.56 then dipped to 12,961.92 then


Equities Sector Coverage: Stocks Overcome Weaker Earnings with Data Boost

Sector Recap | Equities.com |

Housing Starts surged 15.0% in September to an annual rate of 872,000 with permits up to 894,000. Single Family starts rose 11.0% to 603,000 to the highest pace since August 2008. The Dow Jones


Equities Sector Coverage: Tech's Disappointments Drag Stocks

Sector Recap | Equities.com |

The Dow Jones Industrial Average declined to 13,027.49 on Wednesday still above its 50-day simple moving average at 13,002. The NASDAQ’s declined to 3023.91 then rebounded to 3045.04 then


Equities Sector Coverage: Stocks Edge Slightly Higher

Sector Recap | Equities.com |

Recent economic data points and the Beige Book favored steady economic growth, but this morning’s data counters this positive information. Initial Jobless Claims rose 27,000 last week to 399,000


Equities Sector Coverage: Tech Leads Stocks Lower As Investors Battle for Rally

Sector Recap | Equities.com |

Existing Home Sales for November had little impact as sales came in below estimates at an annual rate of 4.42 million. Distressed sales are running at 29%. In a separate report US home


Equities Sector Coverage: Stocks Gain After Sagging Off Early Highs

Sector Recap | Equities.com |

Initial Jobless Claims fell to 366,000 closing in on the recessionary threshold of 350,000. PPI was slightly higher than expected in November at 0.3%, and was up 5.7% year-over-year. The NY Fed


Equities Sector Coverage: ECB Crushes Market Optimism

Sector Recap | Equities.com |

Initial Jobless Claims – in the week ending December 3, the advance figure for seasonally adjusted initial claims was 381,000, a decrease of 23,000 from the previous week's revised figure of


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