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Stock Market & Financial Investment News

News Breaks
March 26, 2014
07:17 EDTGLWCorning upgraded to Positive from Neutral at Susquehanna
Susquehanna upgraded Corning to Positive and raised estimates following recent Taiwan/Korea meetings and industry data points. The firm sees further upside from improving fundamentals and notes glass volume growth above 10% in 2014/15 driven by a TV replacement cycle, a consolidating competitive glass landscape, and Gorilla glass diversification, among other reasons. Price target raised to $25 from $15.
News For GLW From The Last 14 Days
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October 29, 2014
11:15 EDTGLWCorning upgraded to Overweight from Neutral at HSBC
Pre-open, HSBC upgraded Corning to Overweight citing solid Q3 results and better-than-seasonal guidance. Price target is $22.
08:36 EDTGLWDow Corning reports Q3 sales $1.52B, up 7% vs. 3Q13
Net income also increased to $176M, representing a 49 percent increase compared to the third quarter of 2013. Adjusted net income through the third quarter of 2014 was $318M. For the year, Dow Corning’s sales and net income have increased 10 and 78 percent, respectively.
October 28, 2014
09:20 EDTGLWOn The Fly: Pre-market Movers
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08:55 EDTGLWCorning: Europe has been a pleasant surprise all year long
Looking for North America, China, and Latin America to be strong.
08:52 EDTGLWCorning board may consider accelerating stock repurchases, dividend increases
08:48 EDTGLWCorning sees Q4 core gross equity earnings $80M-$90M
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08:47 EDTGLWCorning sees Optimal Communications sales up mid-single digits YoY
Sees Q4 Environmental Technologies sales up high-single digits YoY. Sees Q4 Specialty Materials sales down low-to-mid teens sequentially. Sees Q4 Life Sciences sales consistent YoY.
08:47 EDTGLWCorning expects LCD glass market retail market to be up 10% in 2014
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08:42 EDTGLWCorning sees FY14 CapEx $1.15B; Sees FY15 CapEx $1.3B-$1.4B
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08:42 EDTGLWCorning expects continued growth in Environmental Communications, Optical Comm
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07:14 EDTGLWCorning sees year-over-year sales, earnings growth in Q4
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07:12 EDTGLWCorning reports Q3 core EPS 40c, consensus 37c
Reports Q3 revenue $2.65B, consensus $2.63B. Corning's LCD glass volume was up by high single digits sequentially, driven by retail sales of TVs and supply chain preparations for the upcoming holiday season.
October 27, 2014
15:36 EDTGLWNotable companies reporting before tomorrow's open
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13:17 EDTGLWEarnings Preview: Corning sees Q3 LCD glass volume up mid-single digits
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10:06 EDTGLWCorning volatility elevated into Q3 and outlook
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October 23, 2014
16:25 EDTGLWMaxwell announces development agreement with Corning
Maxwell Technologies (MXWL) announced a joint development agreement with Corning Incorporated (GLW) with the goal of advancing the state of capacitive energy storage technology by addressing the challenges frequently cited by ultracapacitor customers, including energy density, lifetime, operating environment, form factor and cost.

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