New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
08:04 EDTGLWCorning sees Q4 Specialty Materials sales up about 5% over Q3
Specialty Materials segment year-over-year sales, driven by the strength of Gorilla Glass, are expected to be up approximately 60% this quarter. Tripeny will point out that the company does not foresee any changes in its previously forecasted fourth-quarter performance for the Telecommunications or Environmental Technologies businesses. Corning’s Life Sciences business should see a more than 15% sequential increase in revenue due to the completion of the Discovery Labware acquisition during the quarter. In addition, Corning now expects its equity earnings from Dow Corning Corporation will be down about 20% sequentially, the result of further weakening of demand for solar-grade polysilicon. Tripeny also will point out that improved volumes for LCD glass and Gorilla Glass will offset seasonal declines in Corning’s other businesses and should keep the company’s fourth-quarter gross margin percent at a level consistent with the previous 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