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Corning (NYSE: GLW) stock jumped 5.2% through 1:05 p.m. ET Wednesday afternoon after Deutsche Bank analyst Matt Niknam raised his price target on the glassmaker to $49 per share and reiterated his ...
Corning (NYSE: GLW) stock is losing ground Wednesday despite an initial bullish surge early in the day's trading. The company's share price was down 2.4% as of 3:45 p.m. ET, but it had been up as ...
Corning's recently published third-quarter results arrived with plenty for investors to be excited about.
Over its 160-year history Corning invented a process for rapid and inexpensive production of light bulbs, including developing the glass for Thomas Edison's light bulb. Corning was the glass supplier for lightbulbs for General Electric after Edison General Electric merged with Thomson-Houston Electric Company in 1892. [34]
For Q1 2025, Corning projects core sales to rise about 10%, reaching about $3.6 billion. It estimates that EPS will grow by roughly 30%, to between $0.48 and $0.52.
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With a price-to-free cash flow ratio that's just a fraction of the average valuation on the Dow Jones Industrial Average (INDEX: ^DJI) today, I see every chance for 2012 to be a better year for ...
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