Hints and tips:
...At Westbeck Capital, the current top holdings also indicate some “tangential” ways to play this big trend, namely Infineon Technologies, the German semiconductor maker, and Cree Inc (CREE US)....
...Cree shares jumped 10.6 per cent to $27.74 after the maker of lighting and semiconductor products said it was selling Wolfspeed to German Infineon Technologies for $850m in cash as it focused on its core...
...“We wanted to alert anyone potentially affected quickly and directly,” said Robert Morton, River Cree chief executive....
...Cree shares gained more than 4 per cent to $33.88, after the maker of energy-efficient lighting beat second-quarter earnings and sales estimates....
...driven by the chip business where Cree faces multiple growth [and] market share headwinds,” analyst Brian Lee said....
...Among the stocks Mr Bauman has added to is Cree, an LED manufacturer....
...“We still believe we will see overall issuance of investment grade debt fall by 10-15 per cent this year,” says Nigel Cree, head of syndicate desk Americas at Deutsche Bank....
...Another chipmaker Cree gained 6.3 per cent to $30.46. Cisco Systems , the world’s largest maker of computer networking equipment, fell 1.4 per cent to $19.91....
...“Borrowing rates are not at or near all-time lows for everybody,” said Nigel Cree, head of syndication for North America at Deutsche Bank....
...Cree , which makes LED and semiconductor materials, gained 4.9 per cent to $43.61 while the Philadelphia semiconductor index put on 1.1 per cent....
...Cree, a US competitor, last week warned that pricing pressure would once again dent its revenues and margins in the current quarter....
...But Cree, a maker of light-emitting diodes, weighed on the sector after it announced on Thursday that it would place 11m shares in a common stock offering. Its shares fell 5.2 per cent to $34.83....
...He told a packed congregation at St Katharine Cree church in the City of London: “I have observed in over 30 years in the City the driving desire of many to work hard, to be rewarded well, and get out as...
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