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Stock Market & Financial Investment News

News Breaks
May 29, 2014
13:55 EDTGLWCorning sees profitable top line growth in 2014
Earlier, at the Sanford C. Bernstein Strategic Decisions conference, Corning CEO Wendell Weeks said the company can sustain momentum in 2014 despite additional price declines in LCD glass seen in recent quarters. The CEO continued, "we expect continued earnings growth and strong cash flow that helps support the option for additional dividend and share buybacks." Weeks added that Corning expects profitable top line growth in 2014 and for the next several years.
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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.
August 14, 2014
19:41 EDTGLWApple considering sapphire glass in upcoming iPhone, smartwatch, WSJ reports
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