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Examples
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Cree's shares ended 7 cents higher, or 0.2%, at $31.32.
Technology Stocks Seen Down, But Not Out Brendan Conway 2011
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Dana Cree's bittersweet chocolate terrine (photo courtesy Starchefs. com)
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Cree's stock set a fresh 52-week low Tuesday as the technology sector traded lower.
Technology Stocks Seen Down, But Not Out Brendan Conway 2011
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We spoke to Cree's CEO about the tax credit and he stressed two points.
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We spoke to Cree's CEO about the tax credit and he stressed two points.
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And that means instead of importing these goods, we can build them here for our markets, and like Cree, sell them abroad into others 'markets (80% of Cree's revenue comes from exports).
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And that means instead of importing these goods, we can build them here for our markets, and like Cree, sell them abroad into others 'markets (80% of Cree's revenue comes from exports).
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That's been the case since 2007, when Cree bought a Chinese company called COTCO Luminant Device Ltd., which had been one of Cree's chip customers.
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Cree's chief financial officer, says Cree wouldn't rule out entering into a joint venture, but would set a high bar for intellectual property protection.
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Cree's shares rose 2.6%, or 57 cents, to $22.28, on the Nasdaq.
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