|Bid||33.40 x 800|
|Ask||33.41 x 1800|
|Day's Range||33.23 - 33.55|
|52 Week Range||27.67 - 36.56|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||14.67|
|Forward Dividend & Yield||0.80 (2.41%)|
|1y Target Est||N/A|
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.
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.
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.
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, N.Y.; MAY 13, 2019 - Corning Incorporated (NYSE: GLW) today introduced a new glass substrate, Corning® Astra(TM) Glass, optimized for mid-to-large-size, immersive displays in high-performance tablets, notebooks, and 8K TVs. Corning will showcase this innovation, alongside other industry-leading solutions in its advanced glass portfolio, at the Society for Information Display`s (SID) Display Week in San Jose, California., May 14-16 at booth #1119. Astra Glass is precisely engineered to enable the higher pixel density of high-performance displays that panel makers require to meet consumer demand for brighter, faster, and more lifelike images.
Corning Incorporated (GLW), the world`s leading supplier of high refractive index glass for eyewear, announced today that the company has developed 300-millimeter diameter glass wafers in select refractive indexes optimized for augmented reality (AR) device makers. Similar to the semiconductor industry, larger wafers are expected to reduce customers` manufacturing costs. Corning`s ultra-flat, high-index glass wafers are used to make waveguides, a key optical component in AR wearables.
CORNING, N.Y.; MAY 2, 2019- Corning Incorporated`s (GLW) Board of Directors today declared a quarterly dividend of $0.20 per share on the company`s common stock. The statements contained in this release that are not historical facts or information and contain words such as "will," "believe," "anticipate," "expect," "intend," "plan," "seek," "see," "would," and "target" and similar expressions are forward-looking statements.
Results establish excellent start to another year of expected strong sales and earnings growth CORNING, N.Y.; APRIL 30, 2019 - Corning Incorporated (NYSE: GLW) today announced results for its first-quarter ...
CORNING, N.Y. ; APRIL 26, 2019- Orbital Sidekick and Corning Incorporated (GLW) have released the first images from the International Space Station (ISS) demonstrating hyperspectral imaging capabilities. Launched in June 2018 and placed into operation in December 2018, Orbital Sidekick`s International Space Station Hyperspectral Earth Imaging System Trial (ISS-HEIST) platform utilizes a Corning hyperspectral sensor that takes incoming light reflected off surfaces and divides it into color bands not visible to the human eye. More capable than cameras currently in place on traditional imaging satellites, hyperspectral sensing technology has applications for commercial Earth exploration in a variety of areas, from oil and gas to agriculture.
CORNING, N.Y.; APRIL 25, 2019- Corning Incorporated (GLW) announced today that it will showcase a collection of its ceramic and glass technologies at Ceramics Expo, one of the industry`s leading shows for global manufacturers, suppliers, and customers across the ceramics industry. The show will be held April 30 to May 1 at the I-X Center in Cleveland, Ohio. Corning will exhibit a variety of its technologies in booth 617. As a leader in materials science, Corning participated in Ceramics Expo since its inaugural show in 2014.
CORNING, N.Y.; APRIL 23, 2019- Corning Incorporated (GLW) announced that it has formalized an agreement with OtterBox to market Amplify, a new line of screen protectors for smartphones, tablets and other mobile devices. Built on Corning`s glass science and engineering expertise, this latest solution for the mobile consumer electronics industry addresses many of the challenges faced by consumers using existing screen protectors - including the desire for better scratch resistance and durability to handle everyday use, while preserving the beauty of their device. "Corning saw an opportunity to improve performance for those seeking added protection for their mobile devices," said John Bayne, senior vice president and general manager, Corning® Gorilla® Glass.
Corning Incorporated (GLW) announced today it has been named a 2019 ENERGY STAR® Partner of the Year - Sustained Excellence recipient by the U.S. Environmental Protection Agency (EPA) for continued commitment to energy efficiency. Today, the program has grown to include teams at every Corning facility around the world that implement energy- and water-saving projects, such as integrating water recycling systems, recycling heat generated by equipment, installing LED lights, and utilizing solar panels.
APRIL 4, 2019 - Corning Incorporated (GLW) announced today it is building a solar array at its Corning Life Sciences (CLS) facility in Oneonta, and the company has entered into a solar-power purchase agreement to further support its commitment to clean energy. "Corning is continuously working toward reducing its carbon footprint and environmental impact," said Tom Capek, senior vice president and chief engineer. "Solar projects, like the one at our Oneonta plant, are another step toward using more renewable energy and preserving our environment.
CORNING, N.Y.; MARCH 25, 2019 - Corning Incorporated (GLW) today formally opened a research and development center in Montreal, Canada, focused on discovering and developing software solutions for the telecommunications industry. The Corning Technology Center Montreal will serve as Corning`s global center of software innovation to support emerging technologies such as artificial intelligence, augmented reality, cloud computing, and data analytics, as well as software solutions for optical-wireless networks.
Corning Advanced-Flow Reactor Technology Co., Ltd. to be headquartered in Changzhou CORN ING, N.Y.; MARCH 21, 2019 . -- Corning Incorporated (NYSE: GLW) announced today that its subsidiary, Corning Singapore ...
CORNING, N.Y.; MARCH 7, 2019- Corning Incorporated (GLW) announced that it received a 2018 Daimler Supplier Award from Daimler AG (DAI) at the company`s 11th annual global supplier award ceremony in Stuttgart, Germany, on Feb. 20, 2019. Corning was one of 10 suppliers to be recognized, receiving the partnership award from Mercedes-Benz Car Procurement & Supplier Quality, for Corning`s collaborative development and ongoing supply of next-generation particulate filters for high-performance emissions control.
CORNING, N.Y.; MARCH 4, 2019 - Corning Incorporated (GLW) will highlight innovations that help network operators stay ahead of demand for high-bandwidth capabilities at the 2019 Optical Networking and Communication Conference & Exhibition (OFC) March 5-7 in San Diego. Corning`s innovations focus on helping operators deliver on the promise of emerging applications, with solutions that accelerate deployment, enhance network performance, and minimize total cost of ownership. "Our industry has arrived at a pivotal moment where an optical fabric is becoming the foundation enabler for true 5G in access networks, as well as high-performance applications like augmented reality and artificial intelligence in hyperscale data centers," said Claudio Mazzali, senior vice president of technology, Corning Optical Communications.
NEW YORK, Feb. 14, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
CORNING, N.Y.; FEBRUARY 6, 2019 - Corning Incorporated`s (GLW) Board of Directors today declared a quarterly dividend of $0.20 per share, an 11% increase in the company`s quarterly common stock dividend. The 2019 first-quarter dividend is payable on March 29, 2019, to shareholders of record on February 28, 2019. In October 2015, Corning`s management announced a Strategy and Capital Allocation Framework which outlines the company`s 2016-2019 leadership priorities.
NEW YORK, NY / ACCESSWIRE / January 30, 2019 / U.S. markets were mostly down Tuesday on the latest batch of corporate earnings and as investors await details from the Feds' two-day policy meeting. The ...
Achieved 11% annual sales growth and advanced leadership position in all businesses; Continued growth expected in 2019 and beyond CORNING, N.Y.; JANUARY 29, 2019 - Corning Incorporated (NYSE: GLW) today ...
CORNING, N.Y.; JANUARY 17, 2019- Corning Incorporated (GLW) announced today that 10 of its global manufacturing facilities exceeded energy efficiency goals set by the U.S. Environmental Protection Agency`s ENERGY STAR® Challenge for Industry. "Hundreds of companies across the country are making their industrial sites more efficient and reducing carbon emissions with ENERGY STAR," said Jean Lupinacci, director of the EPA`s Climate Protection Partnerships Division. "The actions of companies like Corning and others in the ENERGY STAR Challenge for Industry set strong examples for others to follow.
As automakers respond to consumer demand for more integrated and interactive displays, Corning`s new Gorilla Glass for Automotive Interiors solutions are designed to address these trends, delivering the highest product performance and superior system economics. Automakers are responding by deploying displays that are larger, longer, shaped, and more integrated," said Michael Kunigonis, vice president and general manager, Corning Automotive Glass Solutions.