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Stock Market & Financial Investment News

News Breaks
February 7, 2014
09:26 EDTGLWCorning 'optimistic about growth outlook for LCD glass'
James P. Clappin, president of Corning Glass Technologies, said, "We are optimistic about the growth outlook for our LCD glass, given the increase in the worldwide installed TV base, a faster replacement cycle for flat panel televisions, larger screens, and introduction of technologies such as ultra-high definition TVs."
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August 26, 2014
08:00 EDTGLWCorning looks poised to turn into cash machine, says Bernstein
Bernstein believes that Corning has a clear path to modest capex; increasing cash flows; and rising ROE and ROIC for the next few years. The firm thinks the company is "somewhat undervalued" versus its peers, and it keeps an Outperform rating on the shares.

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