On Monday, Boeing Co (NYSE:BA)’s shares inclined 1.45% to $146.58.
Boeing [BA] declared that Oman Air has contracted for a suite of services to support the forthcoming entry into service of the airline’s 787 Dreamliners and to ensure ongoing efficiency and cost savings for its fleet.
Boeing will support Oman Air’s 787s with its Component Services (formerly Rotables Exchange) program, Loadable Software Airplane Parts service and Airplane Health Administration. Together, these services will assist Oman Air minimize the time and cost of maintenance while increasing airplane availability.
With the Component Services program, Oman Air will have access to a Boeing-managed, dedicated pool of high-value, mission-critical parts, enabling the airline to greatly reduce their inventory administration costs while improving component availability.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, in addition to provides related support services to the commercial airline industry.
Cree, Inc. (NASDAQ:CREE)’s shares dropped -0.52% to $25.10.
Cree, Inc. (CREE) declared the Connected Cree® LED Bulb’s compatibility with market leader in home automation, SmartThings, which is part of the Samsung Global Innovation Center. The news comes just four months after the Connected Cree LED Bulb’s inaugural launch and reinforces its position as the most compatible connected LED bulb on the market.
The Connected Cree LED Bulb is the first smart LED bulb to deliver the combination of the lighting experience customers expect from Cree with industry-leading simplicity, multi-platform compatibility and affordability. Fully dimmable and controllable through the SmartThings app, the 60-watt replacement Connected Cree LED Bulb consumes 81 percent less energy and has a rated lifetime of 25,000 hours, backed by a three-year warranty. The bulb is accessible at The Home Depot® for just $14.97.
Cree, Inc. develops, manufactures, and sells lighting-class light emitting diode (LED), lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. The company’s LED Products segment provides blue and green LED chips that are used in various applications, counting video screens, gaming displays, function indicator lights and automotive backlighting, headlamps, and directional indicators; LED components comprising packaged LED products for lighting applications, and surface mount and through-hole packaged LED products for video, signage, general illumination, transportation, gaming, and specialty lighting applications; and silicon carbide (SiC) materials, which are used in manufacturing products for RF, power switching, gemstone, and other applications.
At the end of Monday’s trade, Manulife Financial Corporation (USA) (NYSE:MFC)‘s shares surged 0.66% to $18.35.
Manulife Financial Corporation declared that its U.S. Division (John Hancock Financial) has successfully accomplished its formerly declared reinsurance transaction through which New York Life has assumed, on a reinsurance basis, a net 60 percent interest in John Hancock’s in-force participating life insurance closed block, which was written prior to John Hancock’s demutualization in 2000. John Hancock will continue to service the policies and there will be no change in contract terms or policyholder benefits as a result of the reinsurance.
The reinsurance transaction was declared on December 23, 2014, together with a contract under which John Hancock would acquire New York Life’s Retirement Plan Services (RPS) business. The acquisition of the Retirement Plans Services business closed on April 14, 2015.
Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products through insurance agents, brokers, banks, financial planners, and direct marketing.
salesforce.com, inc. (NYSE:CRM), ended its Monday’s trading session with -0.11% loss, and closed at $71.06.
Salesforce [ CRM], the Customer Success Platform and world’s #1 CRM company, recently declared that Shiseido has selected Salesforce Marketing Cloud to support its comprehensive web beauty service community “watashi+ (plus),” establishing one-to-one connections with members via email and LINE, a mobile messaging platform. Shiseido will launch the system in July 2015.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices; Service Cloud that enables companies to connect address customers service and support needs; and Marketing Cloud, which enables companies to map customer journeys to digital marketing interactions through email, mobile, social, Web, and connected products.
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