HomeBusiness News – United States, Groupon Inc., NEW YORK, Universal Display CorpBusinessBusiness News – United States, Groupon Inc., NEW YORK, Universal Display Corp

Business News – United States, Groupon Inc., NEW YORK, Universal Display Corp

US stock market isn’t the only one racing ahead
LONDON (AP) — U.S. stocks are not alone in racing ahead this year. Many markets in Europe and Asia are trading at multi-year highs, too, in part because of Wall Street’s rally.

Groupon CFO: No Changes to Business Model
Groupon Inc. Chief Financial Officer Jason Child said Tuesday the embattled daily-deals company won’t be shifting its business model as it seeks out a new CEO, and argued the firm is on the right track.

Dow closes at all-time high, beating 2007 record
NEW YORK (AP) — The Dow is closing at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.

Universal Display to bank on smartphones until OLED TVs take off
(Reuters) – Universal Display Corp, a provider of organic light-emitting diode display technologies, said it expects OLED televisions to take off in 2014 and will bank on smartphones until then. OLED displays, which offer better color, contrast and power efficiency than LCDs, are commonly used in mobile phones and are billed the next big thing in TV display. High prices, however, are a deterrent. OLED TVs, such as those announced by Samsung Electronics Co Ltd, LG Display Co Ltd and Sony Corp, can sell for as much as $10,000. …



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