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$CREE said that for FY17, the company is targeting lighting and LED capital spending of $55MM plus or minus to support the continued operations. $CREE also stated that until the sale of Wolfspeed is completed, the company will continue to invest in capital to support the Wolfspeed business.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!