reports
Corning Announces Quarterly Dividend
Corning Announces Quarterly Dividend CORNING, NY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- ’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2024, to shareholders of record on Feb. 29, 2024. Caution Concerning Forward-Looking StatementsThe statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “seek,” “see,” “would,” “target,” “estimate,” “forecast” or similar express...
Moody's changes Corning's outlook to negative; Baa1 senior unsecured r...
Moody's Investors Service (Moody's) changed Corning Incorporated's (Corning) outlook to negative from stable. At the same time Moody's affirmed the company's ratings, including its senior unsecured debts ratings at Baa1, senior unsecured MTN program ratings at (P)Baa1 and commercial paper rating at ...
Corning Reports Fourth-Quarter and Full-Year 2023 Financial Results
Corning Reports Fourth-Quarter and Full-Year 2023 Financial Results Fourth-quarter results demonstrate continued progress restoring productivity ratios to historical levels and raising price to offset inflation; Despite lower sales, fourth-quarter GAAP and core gross margin each improved by more than 300 basis points year over year and cash generation significantly improved; Company has an opportunity to add more than $3 billion in annualized sales and deliver strong incremental profit and cash flow as markets normalize; Management expects first-quarter core sales of approximately $3.1 bil...
Samsung Galaxy S24 Ultra Creates New Standards of Durability and Visua...
Samsung Galaxy S24 Ultra Creates New Standards of Durability and Visual Clarity with Corning® Gorilla® Armor Corning® Gorilla® Armor is the most scratch resistant, optically advanced Gorilla® Glass yet, enabling unprecedented durability and a maximized visual experience on Samsung’s latest flagship smartphone Corning, N.Y., Jan. 17, 2024 (GLOBE NEWSWIRE) -- (NYSE: GLW) and Samsung Electronics Co., Ltd. today announced that Samsung’s Galaxy S24 Ultra devices will feature Corning’s new Corning® Gorilla® Armor cover material. Gorilla Armor offers an unparalleled combination of durability ...
Corning Inc: 1 director
A director at Corning Inc sold 11,272 shares at 28.171USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...
Corning Reports Third-Quarter 2023 Financial Results with Continued Im...
Corning Reports Third-Quarter 2023 Financial Results with Continued Improvement in Profitability and Cash Flow Gross margin percentage expanded sequentially on consistent sales and year over year on lower sales; Operating and free cash flow both grew sequentially and year over year; Profitability and free cash flow sequential increases were driven by pricing actions, primarily in Display Technologies, and companywide productivity gains; For the fourth quarter, management expects similar core gross margin and another quarter of strong free cash flow – despite sequentially lower core sales o...
Corning Vice Chairman Lawrence D. McRae to Retire After 38 Years with ...
Corning Vice Chairman Lawrence D. McRae to Retire After 38 Years with the Company Corning, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- (NYSE: GLW) today announced that its vice chairman and corporate development officer, Lawrence D. McRae, who has been with the company for nearly four decades, will retire at the end of the year. McRae will continue in his current role and remain on Corning’s Senior Leadership Team until his retirement. “Larry has long been a trusted and valued advisor to me – even before he joined Corning. He’s played a pivotal role in shaping the company’s evolution over...
Corning Announces Quarterly Dividend
Corning Announces Quarterly Dividend CORNING, N.Y., Oct. 04, 2023 (GLOBE NEWSWIRE) -- ’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on Dec. 15, 2023, to shareholders of record on Nov. 17, 2023. Caution Concerning Forward-Looking StatementsThe statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “seek,” “see,” “would,” “target,” “estimate,” “forecast” or similar expres...
- MarketLine Department
Nippon Electric Glass Co Ltd - Strategy, SWOT and Corporate Finance Re...
Summary Nippon Electric Glass Co Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Nippon Electric Glass Co Ltd (NEG) is a manufacturer of glass. It produces and markets specialty glass products and glassmaking machinery. The company offers glasses for display, ...
Corning Reports Second-Quarter 2023 Financial Results with Notable Pro...
Corning Reports Second-Quarter 2023 Financial Results with Notable Progress on Profitability and Cash Flow Sales increased sequentially and decreased year over year, in line with management expectations for the current weak end-market environment; Sequential margin expansion and $310 million of free cash flow reflect progress on pricing and productivity actions, with continued improvement expected in the second half; In the third quarter, management expects core sales of approximately $3.5 billion and core EPS to be about the same or slightly better than in the second quarter Corning, N.Y...
Corning’s New Viridian™ Vials Reduce Waste and Carbon Emissions in the...
Corning’s New Viridian™ Vials Reduce Waste and Carbon Emissions in the Pharmaceutical Supply Chain The vial technology will help drug manufacturers meet their sustainability goals while enabling faster, safer filling-line operations CORNING, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- (NYSE: GLW) today launched Corning® Viridian™ Vials, the latest innovation in its expanding pharmaceutical glass-packaging portfolio. Viridian Vials bring performance and sustainability together. The new technology can improve filling-line efficiency by up to 50% while reducing vial-manufacturing carbon-dioxi...
Corning Announces Quarterly Dividend
Corning Announces Quarterly Dividend CORNING, N.Y., June 21, 2023 (GLOBE NEWSWIRE) -- ’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on Sept. 28, 2023, to shareholders of record on Aug. 31, 2023. Caution Concerning Forward-Looking StatementsThe statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “seek,” “see,” “would,” and “target” and similar expressions are forward...
Corning Appoints Thomas D. French to Its Board of Directors
Corning Appoints Thomas D. French to Its Board of Directors CORNING, N.Y., June 20, 2023 (GLOBE NEWSWIRE) -- ’s (NYSE: GLW) Board of Directors today announced that Thomas D. French, former senior partner and current senior partner emeritus with McKinsey & Company, has been appointed to Corning’s Board of Directors, effective June 20, 2023. “Tom brings unique industry knowledge and expertise across technology-driven companies and in Corning’s key markets,” said Wendell P. Weeks, chairman and chief executive officer. “He will be an excellent asset to our diverse, accomplished, and engaged ...
Corning and SGD Pharma announce joint venture to open new glass tubing...
Corning and SGD Pharma announce joint venture to open new glass tubing facility and expand access to Corning® Velocity® Vial technology in India The collaboration will enable faster, more efficient delivery of vital medicines and help support India’s growing pharmaceutical industry CORNING, N.Y., June 08, 2023 (GLOBE NEWSWIRE) -- (NYSE:GLW) and SGD Pharma today announced a joint venture that includes the opening of a new glass tubing facility to expand pharmaceutical manufacturing in India and allows SGD Pharma to adopt Corning’s Velocity® Vial technology platform. Combining SGD Pha...
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