Technology

Apple Reportedly Plans to Use OLED Screens in All 2019 iPhones

Apple Reportedly Plans to Use OLED Screens in All 2019 iPhones

Apple (AAPL) shares were slipping almost 1% in pre-market trade Tuesday even as the technology giant reportedly plans to use OLED screens in all of its three iPhone models planned for 2019. Apple recently started planning three new iPhone models for next year and decided that all of them would […]

Sirius XM Market Perform Rating Reaffirmed at Barrington

Sirius XM Market Perform Rating Reaffirmed at Barrington

Sirius XM Holdings (SIRI) continues to offer an excellent business model that generates more than $5 billion in revenues, $2 billion in EBITDA, a nearly 40% EBITDA margin and $1.5 billion in free cash flow, Barrington said. These revenue and profit metrics are very substantial and continue to grow, supporting […]

Rolls-Royce to Divest German Unit for $859.8 M to US Aerospace Supplier Woodward

Rolls-Royce to Divest German Unit for $859.8 M to US Aerospace Supplier Woodward

British engine manufacturer Rolls-Royce (RR.L) has agreed to sell its Stuttgart, Germany based fuel-injection technology business L’Orange to Woodward (WWD), a service provider to the aerospace and industrial markets, for 700 million euros ($859.8 million). The iconic UK company said in a statement that Rolls-Royce Power Systems, the parent company […]

IMAX Partners With Guangzhou JinYi For 30 Theaters Across China

IMAX Partners With Guangzhou JinYi For 30 Theaters Across China

IMAX (IMAX) unveiled pre-market Tuesday a partnership with China’s Guangzhou JinYi Media Corp to open 30 new IMAX theaters across China in new and existing complexes. The agreement will encompass a variety of different deal structures based in part on the specific market and anticipated box office performance of the […]

Boeing Delivers World’s First 787-10 Dreamliner to Singapore Airlines

Boeing Delivers World’s First 787-10 Dreamliner to Singapore Airlines

Aircraft manufacturing firm Boeing (BA) said on Sunday that it has delivered its first 787-10 jet airplane in the company’s Dreamliner family to Singapore Airlines. The 787-10 airplane, which is the newest and largest member of the Dreamliner family, is expected to set a new global standard for fuel efficiency […]

Crude Oil Dips In Asia On US-China Trade Friction

Crude Oil Dips In Asia On US-China Trade Friction

Crude oil prices fell in Asia on Monday as China finally launched its own futures contract, which was overshadowed in part by US-China tensions on trade. ICE Brent crude futures, the benchmark for oil prices outside the US, fell 0.64% to $69.36 a barrel. US West Texas Intermediate crude futures […]

Dropbox Shares Surge in Nasdaq Trading Debut

Dropbox Shares Surge in Nasdaq Trading Debut

Dropbox (DBX) shares rose more than 40% in Friday trade in the cloud storage provider’s first day of trading on the Nasdaq.¬†Shares were trading at $29.35, up 39.4% in New York, after touching $31.60 earlier in the session.¬†The company priced its 36 million shares at $21 on Thursday, above the […]