at Nasdaq.com (Thu, 3:17PM)
Corning (GLW +3%) plans to spend $250M to boost the capacity of its diesel emissions control substrate/filter ops; the majority of the spending will go to an Erwin, NY facility, though investments will also be made in Chinese facilities. The company thinks demand for the products, which go into diesel engines, could double by 2017 thanks to new Chinese/European regulation. They're part of an Environmental Technologies unit that generated $228M in sales in Q1 (-13% Y/Y thanks to weak heavy-duty diesel demand in North America, and light diesel car demand in Europe).
How did this change your view of ?
More Bullish More Bearish It Didn't
This impact ()
Thanks for sharing your thoughts.
Submit & View Results
From other sites
at Zacks.com (Wed, 9:16AM)
at Investor's Business Daily (Tue, 1:34PM)
at Zacks.com (Tue, 9:08AM)
at Zacks.com (Mon, 10:00AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs