2009-04-22

Cree Posts Better-than-expected Third Quarter Revenue Due to Growth in LED Lighting

For the third quarter ended March 29, LED products maker Cree reported earnings of $4.0 million, compared with $5.7 million in the year-ago period, which is above market estimates. And the company has forecasted stronger-than-expected revenue for the fourth quarter.
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Veeco Instruments Inc. today announced that a global leader in optical communications laser manufacturing placed orders for multiple Lumina® Metal Organic Chemical Vapor Deposition (MOCVD) systems and multiple Spector® Ion Beam Sputter... READ MORE

Clive Davis, the iconic, award-winning record producer known for launching the careers of Whitney Houston, Bruce Springsteen, Janis Joplin, and more, chose Samsung to help transform his Westchester, New York home theater into a world-class cin... READ MORE