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News Breaks
July 29, 2014
07:14 EDTGLWCorning reports Q2 core EPS 37c, consensus 38c
Reports Q2 core revenue $2.58B, consensus $2.53B. The company said, "We had great results in the quarter that led to our seventh consecutive year-over-year quarterly core earnings improvement. We have positive momentum, and we are well-positioned to deliver on our 2014 business plan. We are particularly pleased with the improved performance in our Display Technologies segment. As we anticipated, LCD glass price declines were more moderate than they were last quarter. The integration of Corning Precision Materials Co., Ltd. into our global organization is proceeding very well, and we are benefiting from synergies attained through the consolidation."
News For GLW From The Last 14 Days
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November 19, 2015
08:32 EDTGLWCorning focusing on new end markets to expand growth, says Susquehanna
Susquehanna said Corning has recently focused on new end-market opportunities that could help provide growth as display matures. Although the firm noted the company is trying to find opportunities, they see only 6-8% accretion to 2017 earnings. Susquehanna reiterated its Positive rating and $22 price target on Corning shares.
November 17, 2015
07:56 EDTGLWUBS to hold a conference
Global Technology Conference is being held in San Francisco on November 16-18 with webcasted company presentations to begin on November 17 at 10:45 am.; not all company presentations may be webcasted. Webcast Link

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