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For FY17, $CREE targets Lighting and LED CapEx of $55MM plus or minus to support its continuing operations. The company will continue to invest capital to support the Wolfspeed business until the sale is complete. The company targets Wolfspeed CapEx to be $10MM plus or minus for 2Q17, which is in line with its previous guidance.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.