Corning (GLW -10%) shares continue their post-earnings slide, as investors focus on dismal...

|About: Corning Inc. (GLW)|By:, SA News Editor

Corning (GLW -10%) shares continue their post-earnings slide, as investors focus on dismal conditions in the LCD glass industry. Prices will continue to fall rapidly, GLW warns, with no growth in the core display glass business over the next few years. "We believe Corning is approaching a new floor in terms of profitability, [and] our plan is to grow profits from this new level," CEO James Flaws says.