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January  2009

LED's:  Coming to a Home Near You

  • GE:  $35 to $45
  • Philips:  $90 

CREE Liceneses Technology to Mitsubishi

AIA:  Non-Resi Construction Off 11%

Osram Plans Layoff

  • 35 people at the Exeter plant

ALP Consolidates Extrusion Operations

Acuity Declares Dividend

  • Quarterly dividend of $0.13
  • Announces new board member

UK Shoppers Begin Hoarding Incandescent

Orion Adopts Shareholder Rights Plan

LSI Cuts 2009 Revenue

  • Cut outlook for fiscal 2009 net sales to between $250 million and $265 million, down from a range of $290 million to $310 million

Acuity Net Income Drops

  • 1Q Net Income Reduced by 38%
  • CEO Nagel noted the speed of the decline in demand for lighting products in the first quarter and the dramatic rise in material and component costs was unprecedented in the industry.
  •  Acuity now expects a volume decline in the midteens or more on a percentage basis, sharply lower than its October projection for a drop in the mid- to upper-single digits

Acuity Brands Acquires Lighting Control & Design

  • Nagle:  "Lighting controls are an important part of our growth strategy, and this acquisition will enable us to accelerate the introduction of innovative and energy-efficient products and services"

Past Articles

December 2008

Scientists Warn Christmas Lights May Harm Planet

 

Osram/Traxon in Joint Venture

Halco Announces Recycle Deal with Veolia

Amerlux Acquires Dynamic Outdoor Lighting

Stocks on the Upswing:  Cooper

GE Halts Spinoff Plan

Cree Introduces 2 x2 Troffer Replacement

Siemens Settles

Siemens Close to SEC Settlement

Hubbell Acquires Varon

 

 

EdisonReport Looks at President-Elect Obama's Plan

 

Valmont Surges on Obama Plan

Bayer MaterialScience, part of Bayer AG, in Lighting Business

Philips Won't Make Numbers

Lighting Systems Index Reaches 10-year Low

Sylvania:  80% of Americans Unfamiliar with Incandescent Phase out

Philips Illuminates First LED Nation

GE Stops Development of High Efficiency Incandescent

Cooper Specifies Lowers Fourth Quarter Outlook

Acuity to Purchase All Outstanding Notes

Energy Secretary Bodman, NLB Chairman Colgan push hard for energy savings

November 2008

Value or Value Trap?  GE & Seimens

Cooper Lowers 4Q Estimate

Siemens Manager gets 2 year Probation, fine

Valmont Buys UK Street Lighting Pole Metal Company

Laying Off in China?  Get Permission First

Germany Hopes to Become OLED Production Center

DOE Gives High Marks to Philips Undercabinet LED Lights

American Ballast