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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
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January 28, 2015
08:15 EDTGLWCorning investment thesis playing out, says Susquehanna
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January 27, 2015
09:18 EDTGLWCorning sees FY15 glass market up in high-single digits
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09:17 EDTGLWOn The Fly: Pre-market Movers
HIGHER: Silicon Image (SIMG), up 23% after signing agreement to be acquired by Lattice Semiconductor (LSCC)... USA Technologies (USAT), up 5% following nationwide roll-out of new Apple Pay points... TE Connectivity (TEL), up 3.9% following a Wall Street Journal report that the company is close to a deal with Commscope (COMM)... Select Comfort (SCSS), up 1% after being upgraded to Buy from Hold at Stifel. DOWN AFTER EARNINGS: Microsoft (MSFT), down 8.2%... Caterpillar (CAT), down 7.8%... Packaging Corp (PKG), down 8.3%... Peabody Energy (BTU), down 5.3%... Freeport-McMoRan (FCX), down 5.7%... Polaris Industries (PII), down 2.1%... United Technologies (UTX), down 2.3%... Procter & Gamble (PG), down 2.6%.
09:17 EDTGLWCorning sees Q1 specialty material segment revenue up about 10%
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07:15 EDTGLWCorning expects to deliver overall earnings growth in FY15
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07:11 EDTGLWCorning reports Q4 core EPS 45c, consensus 38c
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January 26, 2015
15:40 EDTGLWNotable companies reporting before tomorrow's open
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13:05 EDTGLWEarnings Preview: Corning sees year-over-year sales, earnings growth in Q4
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January 22, 2015
08:37 EDTGLWCorning acquires assets of NovaSol, terms not disclosed
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January 16, 2015
17:16 EDTGLWCorning files automatic mixed securities shelf
January 15, 2015
10:00 EDTGLWOn The Fly: Analyst Upgrade Summary
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06:45 EDTGLWCorning upgraded to Overweight from Neutral at JPMorgan
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