New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
08:03 EDTGLWCorning now sees glass market volume up in low single digits in Q4
Prior forecast was down low to mid single digits. “As a result,” SVP and Corporate Controller Tony Tripeny will say, “Corning’s total LCD glass volume at its wholly owned business and Samsung Corning Precision Materials Co., Ltd., should be up in the mid-single digits sequentially.” Tripeny will explain that North American TV sales are stronger than the company expected in the fourth quarter, the Chinese market continues to experience good demand, and the supply chain is preparing for the upcoming Chinese New Year holiday. He will reaffirm that Corning expects LCD glass price declines in the fourth quarter to be slightly higher than those in the third quarter, a result of the company’s new agreements with key customers. Looking forward, Tripeny will tell investors, “We expect our share of the LCD glass market to remain stable at quarter four levels as a result of the long-term supply agreements we entered into last quarter, and we anticipate price declines will be moderate in the first quarter.”
News For GLW From The Last 14 Days
Check below for free stories on GLW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 14, 2014
10:02 EDTGLWOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:42 EDTGLWCorning downgraded to Hold from Buy at Stifel
Subscribe for More Information
April 11, 2014
12:42 EDTGLWOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:32 EDTGLWCorning downgraded to Neutral from Buy at UBS
UBS downgraded Corning to Neutral from Buy due to relative outperformance. Price target raised to $22.50 from $19.50.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use