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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
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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

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