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Business Wire (Free subscription) | 10/28/2009
CORNING, N.Y.--(BUSINESS WIRE)--PerkinElmer Inc. and Corning Incorporated (NYSE: GLW), today announced that the two companies have entered into a strategic agreement to advance the development of next-generation label-free detection technologies. The agreement will allow Corning and PerkinElmer to combine their world-class expertise in optical label-free and multi-modality detection to develop and...
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CEOWORLD Magazine (Free subscription) | 10/26/2009
Corning Inc. (NYSE:GLW) says demand continues to improve for glass used in flat-screen televisions, one of its key products. But the world’s largest maker of liquid-crystal-display glass says its third-quarter profit fell from a year ago as overall revenue slipped. Both it earnings per share and revenue beat Wall Street expectations, however. Corning says it earned $643 million, or 41 cents a...
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Reuters (Free subscription) | 10/26/2009
NEW YORK (Reuters) - Specialty glass maker Corning Inc posted better-than-expected quarterly profit on stronger demand for glass for flat screen televisions, and said it expected that market to grow by 15 percent in 2010.
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Business Wire (Free subscription) | 10/19/2009
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) announced today that its LCD glass manufacturing facility in Taichung, Taiwan, experienced a power disruption over the weekend that affected some of its glass-making operations. The company said that although it will be several days before the full extent is known, the disruption is expected to have a material impact on glass volume in...
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Business Wire (Free subscription) | 10/07/2009
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) announced today that its Board of Directors has taken several actions to change the company’s corporate governance practices. First, the board unanimously approved a plan to declassify its board structure. In the 2010 proxy statement, the board will recommend shareholders approve amending the company’s by-laws and restated...
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BloggingStocks (Free subscription) | 10/06/2009
Filed under: Analyst reports , Analyst upgrades and downgrades , Tiffany and Co (TIF) , Comcast Cl'A' (CMCSA) , Corning Inc (GLW) , Research in Motion (RIMM) , General Mills (GIS) , BP p.l.c. ADS (BP) , Marriott Intl'A' (MAR) , Analyst initiations Analyst upgrades: UBS upgraded Corning (NYSE: GLW ) to Buy from Neutral and raised its target to $19 from $18.50, citing the improved LCD supply-demand...
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Business Wire (Free subscription) | 10/06/2009
AUSTIN, Texas & CORNING, N.Y.--(BUSINESS WIRE)--Motion Computing®, a leading provider of integrated mobile computing solutions, and Corning Incorporated (NYSE:GLW) announced today that Corning® Gorilla™ glass has been added to Motion’s most rugged offerings. The C5 Mobile Clinical Assistant (MCA) and rugged F5 Tablet PC now include the thin-sheet glass that was designed to protect...
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Business Wire (Free subscription) | 10/05/2009
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) announced today that Ford of Europe is equipping several models of its European market diesel passenger cars with the Corning® DuraTrap® AT filter. Corning has already begun shipping the product to Ford of Europe. This announcement represents yet another customer for Corning’s innovative DuraTrap AT filter. “This is...
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Business Wire (Free subscription) | 10/01/2009
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) and Lightwave, a unit of business-to-business media and information company PennWell Corporation, today announced the winner of the sixth annual FTTXcellence Award. Ian Williams of TELUS Corporation, headquartered in British Columbia, Canada is the recipient of the award, which honors an individual for his or her contributions to the deployment...
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Business Wire (Free subscription) | 09/17/2009
HICKORY, N.C.--(BUSINESS WIRE)--Corning Cable Systems LLC, part of Corning Incorporated’s (NYSE:GLW) Telecommunications segment, and Horizon Telcom announced the selection of Corning Cable Systems as the supplier of optical fiber cable for the Southern Ohio Health Care Network (SOHCN). The SOHCN project will connect 120+ health care facilities to a robust fiber optic network. The connectivity...
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Business Wire (Free subscription) | 09/16/2009
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) announced today that it has acquired all the shares of Axygen BioScience, Inc. and its subsidiaries from American Capital Ltd. (Nasdaq:ACAS) for approximately $400 million in cash. Headquartered in Union City, Calif., Axygen is a leading manufacturer and distributor of high-quality life sciences plastic consumable labware, liquid handling...
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Business Wire (Free subscription) | 09/10/2009
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE:GLW) Chairman and Chief Executive Officer Wendell P. Weeks will provide an update on the company’s recovery from the recent earthquake in Japan while speaking to investors at the Citi Global Technology Conference in New York City today 8:00 a.m. Corning's comments at the conference can be heard via webcast at www.corning.com/investor_relations....
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Denver Post (Free subscription) | 08/12/2009
Corning Inc., the world's biggest maker of glass for flat-panel televisions, said an earthquake off the coast of Japan's main island disrupted production at its liquid-crystal-display plant in Shizuoka.
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Star Tribune (Free subscription) | 08/11/2009
Operations at its factory in Shizuoka, southwest of Tokyo, "are currently suspended and we believe they will remain so for some time," said Corning's chief financial officer, James Flaws. "We are assessing options to meet customer demand and accelerating the restart of idled glass melting tanks at other facilities."
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San Fransisco Chronicle (Free subscription) | 08/11/2009
Corning Inc. says its output of liquid-crystal-display glass will be lower than expected in the current quarter after an earthquake halted glassmaking operations at its plant in Japan. The company says production at its factory in Shizuoka will remain... Sponsored Topics: Japan - Shizuoka Prefecture - Glass - Corning Incorporated - Liquid crystal display