Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $436 million for its fourth quarter of fiscal 2014, ended June 29, 2014. This represents a 16% increase compared to revenue of $375 million reported for the fourth quarter of fiscal 2013, and an 8% increase compared to the third quarter…
KLA-Tencor Corporation (KLAC) begin trading ex-dividend on August 14, 2014. A cash dividend payment of $0.5 per share is scheduled to be paid on September 02, 2014. Shareholders who purchased KLAC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over the prior quarter. At the…
MannKind Corporation (NASDAQ:MNKD) signed a $925 million worldwide licensing agreement with Sanofi SA (ADR) (NYSE:SNY) (EPA:SAN) on August 11. The French drugmaker already has five principal products in diabetes. However, its top-selling diabetes drug Lantus will lose patent protection next year. Lantus is sold in more than 120 countries, generating $7.6 billion in annual revenue….
NXP Semiconductors NV (NASDAQ:NXPI), the provider of High Performance Mixed Signal and Standard Product solutions, has been downgraded to a sell rating from neutral at Goldman Sachs. The firm also reduced their price target on the stock to $54 from $58 per share. This represents a 15% downside. In addition, Goldman has also lowered its…
On July 31,2014 NovaBay Pharmaceuticals, Inc. (NYSE MKT:NBY), a biopharmaceutical company focusing on the development and commercialization of its non-antibiotic anti-infectives, today reported second quarter 2014 financial results and provided a clinical and commercialization update. NovaBay Pharmaceuticals, Inc. (NYSEMKT:NBY) belongs to Healthcare sector. Its weekly performance is 22.55%. On last trading day company shares ended…
City staffers are reviewing preliminary plans to demolish the 83-year-old, 8,000 square-foot residence at 22 Star Island that was once home to the island’s yacht club built by legendary Miami Beach developer Carl Fisher. The homeowner — Stuart Miller, CEO of Miami-based homebuilding giant Lennar Corporation (NYSE:LEN) wants to erect a 22,000-square-foot mansion in its…
