|Bid||33.16 x 800|
|Ask||0.00 x 4000|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||14.57|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||0.80 (2.43%)|
|1y Target Est||36.77|
Corning Inc. said Wednesday its board has approved a stock buyback program of up to $5 billion. The company, which makes glass products for a range of industries, said the board has also declared a quarterly dividend of 20 cents a share. The dividend will be payable Sept. 30 to shareholders of record s of Aug. 30. The company said the shareholder rewards are part of a Strategy and Growth Framework announced at an investor meeting last month. Shares were down 1.1%, but have gained 9.1% in 2019, while the S&P 500 has gained 19.8%.
Corning Incorporated (GLW) today announced that its board of directors declared a regular quarterly dividend of $0.20 per share on the company’s common stock payable on Sept. 30, 2019, to shareholders of record on Aug. 30, 2019. As stated at that time, Corning expects to deliver $8 billion to $10 billion in shareholder distributions under the new Framework, including an annual dividend increase of at least 10% and share repurchases in the range of $5 billion to $7 billion. Under the company’s 2016-2019 plan, the Strategy and Capital Allocation Framework introduced in October 2015, Corning met its goal of returning more than $12.5 billion to shareholders before its formal conclusion at the end of 2019.
While Qualcomm (QCOM) will have the freedom to adopt a range of technologies for Internet-connected cars, AT&T (T) will mark the debut of streaming service with HBO Max in spring 2020.
The first phase of mixed-use development Riverbend Village in northwest Charlotte is coming online as the development partners are gearing up for the project's final components.
With a new high-volume manufacturing facility in Hefei, China, Corning (GLW) intends to ramp up its capability while maximizing opportunities in the growing automotive market.
Corning Incorporated (GLW) today hosted an opening ceremony for its new Automotive Glass Solutions facility in the Hefei Xinzhan Hi-Tech Industrial Development Zone in Anhui province, China. This high-volume manufacturing facility will enable Corning to deliver AutoGrade™ Gorilla Glass parts for Automotive Interiors directly to automakers around the world as they incorporate more displays and more technical glass into their vehicle designs.
Shares of Hershey and Corning have done well since the last Fourth of July, but not so the stock of Harley-Davidson.
Today we'll look at Corning Incorporated (NYSE:GLW) and reflect on its potential as an investment. In particular...
It’s still early days in the race to become the Democratic Party’s 2020 presidential nominee, but a few CEOs of S&P 500 companies already have been voting with their wallets.
While AT&T (T) secures spectrum licenses that cover about 98% of the U.S. population, Nokia (NOK) aims to improve the operational efficiency of Cleco with state-of-the-art packet-based architecture.
Electronic components maker Corning (GLW) hosted its 2019 Investor Day last week in which management laid out its plans and goals for the next four years, explains Jason Clark, value investing specialist and contributing editor to The Prudent Speculator.
“If we’re right, and Valor fulfills the potential that we see, we are building a new long-term multibillion-dollar franchise that could power Corning’s growth for the next decade and beyond,” said Corning CEO Wendell Weeks.
Corning's (GLW) 2020-2023 Strategy and Growth Framework goals underscore its strategic investments aimed at extending market leadership and growth, while delivering attractive shareholder returns.
Corning Incorporated (GLW) will host a meeting today in New York City with investors and industry analysts to review the company`s new strategic, operational, and financial priorities to deliver continued growth and create additional value for shareholders. The new 2020-2023 Strategy and Growth Framework will build on the success of the company`s 2016-2019 Strategy and Capital Allocation Framework and capture significant organic growth opportunities for the future.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
The project, announced in 2017, has just a few more hurdles to overcome before hiring can really begin. And the the city of Durham is expected to soon approve the sweeteners required to help that process along.
Dividend paying stocks like Corning Incorporated (NYSE:GLW) tend to be popular with investors, and for good reason...
Income investors typically seek ample yield in their dividend stocks, but dividend sustainability matters every bit as much.Just ask GameStop (GME) investors, who saw a 19%-plus dividend yield on May 4 turn into a nonexistent yield after the retailer suspended its payout to save cash in an attempt to salvage its troubled business.A high yield can be a sign of a troubled distribution, but it doesn't have to be. There are hundreds of stable dividend stocks with above-average yields - including a few in the typically growth-minded technology sector. Better still: These are affordable, sustainable payouts that even have room to grow.We've leaned on the DIVCON system from exchange-traded fund provider Reality Shares to identify seven tech stocks with market-beating dividends that also have a high chance of growing in the future. DIVCON's methodology evaluates dividend health factors including profits, free cash flow and even bankruptcy risk, then assigns a score between 1 and 5. Low scores (1-2) are a sign of unstable dividends; high scores (4-5) signal healthy dividends that likely will grow in the years ahead.Here are seven "double threat" dividend stocks in the tech sector. They not only yield well better than the S&P; 500's 1.8% average right now, but they also earn high scores from DIVCON for their dividend health. SEE ALSO: 10 High-Yield Monthly Dividend Payers
JUNE 4, 2019-Corning Incorporated (GLW) announced today that two of its products - Corning® Med-X® Glass and Corning® Med-Gamma® Glass - are now registered as compliant with U.S. Food and Drug Administration (FDA) regulations. "With this registration, Corning becomes the first radiation-shielding glass manufacturer on the market to provide its customers and their end-customers with full compliance and traceability adhering to FDA requirements," said Pierre-Jean Baron, general manager, Corning Specialty Glass.
Corning (GLW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
How far off is Corning Incorporated (NYSE:GLW) from its intrinsic value? Using the most recent financial data, we'll...