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Corning Management Discusses Q3 2012 Results - Earnings Call TranscriptWed, Oct 24, 2012
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Corning Management Discusses Q2 2012 Results - Earnings Call TranscriptWed, Jul 25, 2012 • 3 Comments
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Corning's CEO Discusses Q1 2012 Results - Earnings Call TranscriptWed, Apr 25, 2012
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Corning Inc. - Analyst/Investor DayFri, Feb 3, 2012
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Corning Management Discusses Q4 2011 Results - Earnings Call TranscriptWed, Jan 25, 2012
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Corning Management Discusses Q3 2011 Results - Earnings Call TranscriptWed, Oct 26, 2011
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Corning Management Discusses Q2 2011 Results - Earnings Call TranscriptWed, Jul 27, 2011 • 3 Comments
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Corning Management Discusses Q1 2011 Results - Earnings Call TranscriptWed, Apr 27, 2011 • 1 Comment
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Corning CEO Discusses Q3 2010 Results - Earnings Call TranscriptMon, Nov 1, 2010
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Corning Q2 2010 Earnings Call TranscriptThu, Jul 29, 2010
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Corning Incorporated Q1 2010 Earnings Call TranscriptWed, Apr 28, 2010
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Corning Incorporated Q4 2009 Earnings Call TranscriptTue, Jan 26, 2010
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Corning Incorporated Q3 2009 Earnings Call TranscriptMon, Oct 26, 2009
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Corning Incorporated Q2 2009 Earnings Call TranscriptMon, Jul 27, 2009
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Corning Incorporated Q1 2009 Earnings Call TranscriptMon, Apr 27, 2009
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Corning Incorporated Q4 2008 Earnings Call TranscriptTue, Jan 27, 2009
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at Fox Business (May 13, 2013)
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at CNBC.com (May 9, 2013)
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at MarketWatch.com (Apr 24, 2013)
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at MarketWatch.com (Apr 24, 2013)
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at CNBC.com (Apr 20, 2013)
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at CNBC.com (Mar 22, 2013)
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GlobeNewswire (Mar 11, 2013)
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at MarketWatch.com (Mar 5, 2013)
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at MarketWatch.com (Feb 12, 2013)
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at MarketWatch.com (Feb 12, 2013)
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at Fox Business (Feb 11, 2013)
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at Fox Business (Jan 29, 2013)
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at MarketWatch.com (Jan 29, 2013)
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at CNBC.com (Jan 28, 2013)
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Business Wire (Jan 16, 2013)
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at CNBC.com (Jan 11, 2013)
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at MarketWatch.com (Nov 27, 2012)
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at CNBC.com (Nov 27, 2012)
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at MarketWatch.com (Nov 27, 2012)
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Business Wire (Nov 27, 2012)
GLW vs. ETF Alternatives
Company Description
Corning traces its origins to a glass business established in 1851. The present corporation was incorporated in the State of New York in December 1936. The Company’s name was changed from Corning Glass Works to Corning Incorporated on April 28, 1989.
Corning is a global, technology-based... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Friday, May 17, 1:14 PM Corning (GLW) unveils its Lotus XT substrate glass, which is aimed at high-performance LCD and OLED displays. The successor to Lotus Glass (launched in 2011), Corning asserts Lotus XT offers unmatched pitch variation, which in turn leads to better display yields. The company also declares XT (like the original Lotus Glass) to be well-suited to enabling low-power displays with high resolutions and fast response times. Though not as durable/scratch-resistant as Corning's Gorilla Glass products, which are cover glasses, XT can be paired with them. Comment! [Tech]
- Monday, May 13, 12:07 PM In spite of receiving two upgrades - Barclays has lifted shares to Overweight, and Morgan Stanley to Equalweight - Corning (GLW +1.2%) is up just moderately. MS cites stabilizing LCD glass prices as a reason for its sentiment change. Jim Cramer is also talking up Corning. "[Corning] did a better-than-expected quarter no one seemed to pick up on. The Gorilla Glass market is finally working for them." One could argue the market has been working for a while. 3 Comments [Tech, Quick Ideas]
- Thursday, April 25, 3:54 PM 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). Comment! [Tech]
- Wednesday, April 24, 9:43 AM Corning Incorporated (GLW) declares $0.10/share quarterly dividend, 10% increase from prior dividend of $0.09. Forward yield 3.04%. For shareholders of record May 31. Payable June 28. Ex-div date May 29. (PR) 2 Comments [Dividends]
- Wednesday, April 24, 9:18 AM In tandem with its Q1 report (I, II), Corning (GLW) has announced a new $2B stock buyback program to replace a $1.5B program that expired in December, and has hiked its quarterly dividend by a penny to $0.10/share. The buyback is good for repurchasing 10% of shares at current levels, and the dividend hike raises Corning's yield to 3%. Shares +2.7% premarket. (PR) Comment! [Tech, Dividends]
- Wednesday, April 24, 8:43 AM More on Corning: EPS beat estimates thanks to a 100 bps Y/Y increase in gross margin to 43% (a 200 bps drop was seen in Q4). LCD unit sales +7% Y/Y (+3% in Q4) and 36% of total, volume rose by a "mid-teens" level. Telecom (optical fiber) sales -7% (+10% in Q4) and 26% of total. Specialty materials (inc. Gorilla Glass) sales -10% due to semiconductor weakness, but earnings +39%. Environmental -13%, Life Sciences +34% (boosted by M&A). Opex fell slightly. Q2 LCD volume expected to be similar to Q1, price drops to remain moderate. Telecom sales to rise 20% Q/Q, specialty materials 15%-20%. GLW +2.2%. CC underway (webcast). (PR) Comment! [Tech, Earnings]
- Wednesday, April 24, 7:18 AM Corning (GLW): Q1 EPS of $0.30 beats by $0.06. Revenue of $1.8B misses by $0.16B. (PR) 3 Comments [Earnings, Breaking News, Tech]
- Wednesday, April 24, 12:05 AM Notable earnings before Wednesday’s open: ABB, ABX, ASH, ATI, AVY, BA, BYD, CFR, CKSW, COR, CP, CS, CVE, DPS, EDU, ELN, EMN, ERIC, F, FDML, GD, GLW, GRA, HCBK, HES, ICON, LAD, LL, LLY, LO, MDCO, MSI, MTH, NDAQ, NOC, NS, NVS, NYCB, OC, OCR, OSIS, PG, PLD, PX, RES, ROK, S, SO, SVU, TEL, TKR, TMO, TROW, TUP, USG, VLY, VMED, WAB, WHR, WLP, WM, WYN Comment! [Earnings]
- Tuesday, April 23, 5:30 PM Notable earnings before Wednesday’s open: ABB, ABX, ASH, ATI, AVY, BA, BYD, CFR, CKSW, COR, CP, CS, CVE, DPS, EDU, ELN, EMN, ERIC, F, FDML, GD, GLW, GRA, HCBK, HES, ICON, LAD, LL, LLY, LO, MDCO, MSI, MTH, NDAQ, NOC, NS, NVS, NYCB, OC, OCR, OSIS, PG, PLD, PX, RES, ROK, S, SO, SVU, TEL, TKR, TMO, TROW, TUP, USG, VLY, VMED, WAB, WHR, WLP, WM, WYN Comment! [Earnings]
- Friday, April 12, 12:54 PM Though Samsung (SSNLF.PK) is the world's biggest memory maker and a top LCD maker, the growing needs of its phone/tablet ops are forcing it to turn to 3rd-party suppliers. Digitimes reports Samsung has stepped up its purchases of mobile DRAM chips from Elpida and NAND flash products from Toshiba, and that the electronics giant is also buying 5.8" LCD panels from Taiwanese suppliers for its phablets. The implications for memory/LCD demand and pricing are a positive for rivals MU, SNDK, AUO, and LPL, and perhaps also glassmaker GLW and NAND controller supplier SIMO. 8 Comments [Tech]
- Thursday, March 21, 6:37 PM Sapphire glass will find its way into smartphone displays, GT Advanced (GTAT) insists. Sapphire, used in the iPhone 5's camera lens, is thinner and ~3x stronger/scratch-resistant than Gorilla Glass (GLW). But a sapphire display costs ~$30, whereas a Gorilla Glass display costs less than $3. GT is hoping its furnaces, which can be upgraded to support larger crystals at little cost, will narrow the gap to 3x-4x. Industry analyst Eric Virey, who thinks sapphire's cost could fall below $20 in a couple years, expects "some high-end smartphones using sapphire in 2013." (previous) 17 Comments [Tech]
- Thursday, February 28, 12:48 PM Don't hold your breath for flexible gadgets based on Corning's (GLW) Willow Glass, suggests exec James Clappin. Given that customers "are not accustomed to glass you roll up," he thinks it will probably be 3 years or more before flexible Willow Glass displays arrive. However, simpler products, such as a thin film for touch panels and a flexible barrier for solar modules, are expected this year. The comments follow speculation an Apple iWatch will make use of Willow Glass. (Bargoa purchase) 2 Comments [Tech]
- Wednesday, February 27, 5:15 PM Corning (GLW) is buying Bargoa S.A., a Brazilian maker of telecom products that rely on thermo injection molding. The purchase complements Corning's optical fiber/telecom cable business. Terms are undisclosed. (PR) Comment! [Tech]
- Sunday, February 10, 3:27 PM Apple (AAPL) is indeed thinking of selling an iWatch, both the NYT and WSJ report. Sources claim Apple is experimenting with iOS-based watches made of curved glass, and has discussed the matter with Foxconn. If an iWatch ever arrives, there's a good chance it will use Corning's (GLW) Willow Glass, which was created with bendable displays in mind. Former Apple UI designer Bruce Tognazzini recently predicted an iWatch will arrive, while providing a long list of apps/services it might support. 102 Comments [Tech]
- Tuesday, January 29, 9:22 AM More on Corning: Q4 LCD glass volumes were up in the high-single digits Q/Q, above raised guidance; sales were up 3% Y/Y. Price declines were higher than for Q3 (as expected), but are expected to moderate. Specialty Materials (SM) sales+10% Q/Q and +68% Y/Y thanks to Gorilla Glass demand. Telecom sales10% Y/Y, Environmental-6%, Life Sciences +29%. Q1 LCD glass volumes expected to be up Y/Y, but down in the mid-single digits Q/Q. Telecom expected to be up Y/Y in Q1, SM expected to fall Q/Q, but double-digit growth seen for 2013. GLW +1.4%. (PR) 2 Comments [Tech, Earnings]
- Tuesday, January 29, 7:19 AM Corning (GLW): Q4 EPS of $0.34 beats by $0.01. Revenue of $2.15B beats by $0.08B. 1 Comment [Earnings, Breaking News, Tech]
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kanianj19: agreed...touched $15 today...don't see that being much resistance..long -
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Transcend Asset: They were saying the Gorilla wasn't taking up much of the production. But recently, with cellphone growth, looks like Gorilla is good part -
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LATEST REPLIES
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kanianj19: agreed...touched $15 today...don't see that being much resistance..long
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Transcend Asset: They were saying the Gorilla wasn't taking up much of the production. But recently, with cellphone growth, looks like Gorilla is good part
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combatcorpsmanVN: $CF $185/sh may have bottomed. Prospects appear more to the upside after sliding approx $50/sh ($233).
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Hillbilly Stock Star: Just hanging tough, personally see room for growth imo, interesting R&D ops imo.
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bd4uandu: Sapphire displays "three times stronger than Gorilla Glass" ... http://bit.ly/170Jl2P ... just sayin -
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twogo: Thanks. I've owned since 2001! I'm a long( read: bad) investor.
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Hillbilly Stock Star: Fabulous Company, stock will some day catch up!
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The Wall Street Transcript
Corning Incorporated ($GLW) to Increase Dividends as it Benefits from Touch-Screen Manufacturing Advantages- http://su.pr/19mZAF - View all 2 replies
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kanianj19: no..reiterated by TheStreet Ratings as a Hold with a ratings score of C+...Long GLW
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Hillbilly Stock Star
$GLW ,......Carl if you're not busy could you do one for all the country bumpkins in Hooterville! Long. - View all 1 replies
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