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$CREE said its Lighting Products revenue is estimated to be approx. $187MM in 3Q16. LED Products revenue is estimated to be in line with the company's previously announced revenue targets at approx. $151MM. Power and RF Products revenue is expected to be in line with previously announced revenue targets at approx. $29MM.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.