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Stock Market & Financial Investment News

News Breaks
February 7, 2014
09:30 EDTGLWCorning sees Optical Communications segment growing twice as fast in FY14
Clark S. Kinlin, executive vice president, said that optical solutions will continue driving profitable growth for Corning's Optical Communications segment. He noted that the scale and rate of bandwidth growth-driven by video, wireless data, and cloud computing - are straining data centers and networks. "Optical-based solutions provide the most cost-effective capacity and speed to alleviate pressures on the network," Kinlin explained. He highlighted industry studies that show global IP traffic growing at 23% per year through 2017, with mobile traffic the fastest-growing component. "Our solid foundation of optical components is providing our customers with the necessary integrated solutions for today's growing variety of network applications," he added. Kinlin said that the company expects its Optical Communications segment to grow twice as fast as the overall industry in 2014.
News For GLW From The Last 14 Days
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February 9, 2016
16:36 EDTGLWCorning and Altechna R&D pursue new laser glass processing technologies
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February 8, 2016
09:03 EDTGLWCorning and Royal DSM sign new agreement
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February 5, 2016
08:09 EDTGLWDow Corning reports Q4 net income $193M, sales $1.47B
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February 4, 2016
12:16 EDTGLWCorning to host investor meeting
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February 3, 2016
10:22 EDTGLWCorning increases dividend 12.5% to 13.5c
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January 27, 2016
08:20 EDTGLWCorning reported strong results, says Bernstein
After Corning's Q4 results beat expectations, Bernstein says that the results were strong. The firm says that the company's guidance was "mixed," but indicates that its display glass business will be strong this year despite a weak start to Q1. Bernstein says that the company's decision to hedge its yen exposure is positive, and it keeps a $26 price target and Outperform rating.

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