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Corning Inc (GLW.N)

GLW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Corning Continues To Invest In Hefei Facility To Meet Growing Demand For Gasoline Particulate Filters
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Corning Inc ::CORNING CONTINUES TO INVEST IN HEFEI FACILITY TO MEET GROWING DEMAND FOR GASOLINE PARTICULATE FILTERS.CORNING INC - EXISTING HEFEI FACILITY WILL BE SCALING OPERATIONS OVER FIRST HALF OF 2019.CORNING INC - CONSTRUCTION OF NEW EXPANSION EXPECTED TO BE COMPLETED NEXT YEAR, PRODUCTION WILL COINCIDE WITH CHINA 6 REGULATORY IMPLEMENTATION.  Full Article

Corning To Invest In Manufacturing Facility For Automotive Glass Solutions
Monday, 16 Jul 2018 

July 16 (Reuters) - Corning Inc ::CORNING TO INVEST IN MANUFACTURING FACILITY FOR AUTOMOTIVE GLASS SOLUTIONS.CORNING INC - EXPECTS FACILITY TO BE FULLY OPERATIONAL IN 2019.CORNING INC - THE LATEST MANUFACTURING FACILITY "DEMONSTRATES CO'S CONTINUED COMMITMENT TO CHINA".CORNING INC - THE LATEST INVESTMENT UNDERSCORES CO'S "LONGSTANDING SUPPORT" OF CHINA MARKET.  Full Article

Corning Sets Quarterly Dividend Of $0.18 Per Share
Thursday, 26 Apr 2018 

April 26 (Reuters) - Corning Inc ::SETS QUARTERLY DIVIDEND OF $0.18 PER SHARE.  Full Article

Corning To Acquire Substantially All Of 3M's Communication Markets Division
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Corning Inc ::CORNING TO ACQUIRE SUBSTANTIALLY ALL OF 3M'S COMMUNICATION MARKETS DIVISION.CORNING INC - ‍CORNING EXPECTS TRANSACTION TO ADD $0.07-$0.09 TO 2019 EPS​.  Full Article

3M To Sell Substantially All Of Its Communication Markets Division For $900 Mln
Monday, 11 Dec 2017 

Dec 11 (Reuters) - 3M Co ::3M TO SELL SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION.3M CO - DEAL FOR $900 MILLION.3M CO - ‍APPROXIMATELY 500 3M EMPLOYEES ARE EXPECTED TO JOIN CORNING UPON COMPLETION OF TRANSACTION​.3M CO - 3M EXPECTS TO REALIZE A GAIN OF APPROXIMATELY $0.40 PER SHARE FROM TRANSACTION, NET OF ACTIONS RELATED TO DIVESTITURE.3M CO SAYS HAS ENTERED INTO AGREEMENTS RELATED TO SALE OF SUBSTANTIALLY ALL OF ITS COMMUNICATION MARKETS DIVISION TO CORNING INCORPORATED.3M CO - EXPECTS TO REALIZE A GAIN OF APPROXIMATELY $0.40 PER SHARE FROM DEAL, NET OF ACTIONS RELATED TO DIVESTITURE​.  Full Article

Corning reports Q3 core EPS of $0.43​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Corning Inc :Reg-Corning reports third-quarter 2017 results.Corning Inc qtrly ‍ core EPS $ 0.43​.Corning Inc - qtrly ‍GAAP EPS $0.39​.Corning Inc - qtrly GAAP net sales $‍2,607​ million versus $2,507 million.Corning Inc qtrly optical communications segment GAAP net sales were $917​ million versus $795 million.Corning Inc - ‍specialty materials third-quarter segment sales rose 26% year over year, led by stronger Gorilla Glass shipments​.Corning Inc - qtrly display technologies segment core sales $‍860​ million versus $943 million.Q3 earnings per share view $0.41, revenue view $2.60 billion -- Thomson Reuters I/B/E/S.Corning Inc - Q4 optical communications segment ‍sales growth rate is expected to be a high single digit percentage on a year-over-year basis​.Corning Inc - ‍for Q4, sales growth rate in specialty materials​ is expected to increase by a low-to mid-teens percentage.Corning Inc - ‍"remain on track to deliver" framework goals​.Corning Inc - ‍for Q4, LCD glass market and corning volume are expected to be consistent with previous quarter in display technologies​.  Full Article

‍HEALTHE, CORNING ANNOUNCE COLLABORATION TO DEVELOP EYESAFE TECHNOLOGY
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Corning Inc :‍HEALTHE, CO ANNOUNCE COLLABORATION TO DEVELOP, INTRODUCE EYESAFE TECHNOLOGY MADE WITH ACCESSORY GLASS 2 BY CORNING​.  Full Article

Corning Q3 gaap earnings per share $0.26
Tuesday, 25 Oct 2016 

Corning Inc : Announces third-quarter 2016 financial performance . Q3 gaap earnings per share $0.26 . Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S . Q3 display technologies segment core sales were $943 million versus $936 million . Expects panel maker utilization to remain high and for glass supply to remain tight in q4 . Fourth-Quarter sales of optical communications segment are expected to increase by a high-single-digit percentage . Says third-quarter sales in optical communications were up 6% on a year-over-year basis . For Q4, environmental technologies segment sales are expected to be down year over year by a low-single digit percentage . Says expect continued year-over-year core sales, core earnings, and core eps growth in q4 . Qtrly gaap net sales $2,507 million versus $2,272 million . Q3 revenue view $2.52 billion -- Thomson Reuters I/B/E/S . Q4 earnings per share view $0.40, revenue view $2.53 billion -- Thomson Reuters I/B/E/S .For q4, specialty materials sales are expected to increase by a high-single-digit percent year over year driven by volume growth in gorilla glass.  Full Article

Silicon Valley executive settles SEC insider trading charges

July 24 A former senior executive at a Silicon Valley company now owned by Corning Inc agreed to pay $415,468, including a fine, to settle U.S. Securities and Exchange Commission charges of "serial" insider trading, the regulator said on Tuesday.