Corning (GLW): Sees 2009 sales of $5B vs. consensus of $4.7B. GLW will spend $630M on R&D in...

|About: Corning Inc. (GLW)|By:, SA News Editor
Corning (GLW): Sees 2009 sales of $5B vs. consensus of $4.7B. GLW will spend $630M on R&D in 2009, and expects "significant improvement in LCD glass demand in the second quarter, leading to stronger demand in the second half of this year." Short of which, it is ready to cut costs again. Shares +1.2% premarket. (PR)