Cree Slammed By Negative Analyst Chatter
Morgan Stanley also pared its fiscal 2012 EPS estimate on Cree to $ 1.27, well below the consensus estimate of $ 1.56.
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Buffett-Backed BYD Sees Profit Fall 84%
SHANGHAI — Chinese auto and battery maker BYD said profit fell 84% in the first quarter of this year, mainly due to a slowdown in car sales and rising costs. … Click to view a price quote on BRK.A . Click to research the Insurance industry.
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A Free iPhone? It Could Happen, Analyst Says
In a note published this morning, RBC Capital Markets analysts Mike Abramsky predicts that when Apple introduces the next generation iPhone, which many are speculating will happen in September, the company will make the iPhone 3Gs available for free with a carrier contract.
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