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Stock Market & Financial Investment News

News Breaks
April 28, 2014
09:11 EDTGLWCorning says experiencing increased demand for Gorilla Glass in Q2
Sees "very good" Gorilla Glass growth through the remainder of the year. Says tablets an "excellent" market. Sees Gorilla Glass volumes growing in excess of 30% y/y in Q2. Says "feels good" about gross margin outlook.
News For GLW From The Last 14 Days
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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.
January 26, 2016
09:32 EDTGLWActive equity options trading on open
Active equity options trading on open: FB PEP NFLX PM GM RMBS MSFT GLW AAPL
09:32 EDTGLWCorning sees gros margin percentages improving year-over-year in 2H16
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09:28 EDTGLWCorning sees Q1 global economic headwinds to continue in Q1
Corning's (GLW) management said that volume in Q1 will reflect the weaker retail market. Management said that Q1 will be the weakest quarter in the fiscal year. The company sees glass market volumes to be down mid-to-high single digits. The company expects glass market volume growth to begin in Q2. The company sees prices to decline moderately sequentially in Q1. The company sees its optical communications segment up low-to-mid single digits. The company sees environmental sales down approximately 10% in Q1. Corning expects its special materials segment sales down mid teens. The company expects its life sciences sales up low-single digits. Dow Corning, Corning's joint venture with Dow Chemical (DD), equity earnings are expected to be approximately $45M in Q1. Corning sees core gross margin approximately 41% of sales in Q1. Guidance provided during Q4 earnings conference call.
06:55 EDTGLWCorning expects Q1 to be weakest of 2016, growth to recover in Q2-Q4
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06:53 EDTGLWCorning reports Q4 Display Technologies core sales $903M
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06:52 EDTGLWCorning reports Q4 core EPS 34c, consensus 32c
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