GLW - Corning Incorporated
| Previous Close | 34.85 |
| Open | 34.75 |
| Bid | 33.81 x 4000 |
| Ask | 35.07 x 800 |
| Day's Range | 34.37 - 34.88 |
| 52 Week Range | 26.11 - 36.56 |
| Volume | 2,654,637 |
| Avg. Volume | 3,945,441 |
| Market Cap | 27.051B |
| Beta (3Y Monthly) | 1.23 |
| PE Ratio (TTM) | 30.41 |
| EPS (TTM) | 1.13 |
| Earnings Date | Apr 30, 2019 |
| Forward Dividend & Yield | 0.80 (2.42%) |
| Ex-Dividend Date | 2019-02-27 |
| 1y Target Est | 36.39 |
- Motley Fool•yesterday
What to Watch When Corning Releases Earnings Next Week
The glass technology leader posts first-quarter results a week from today. Here's what investors need to know.
- Zacks•2 days ago
Corning (GLW) Reports Next Week: Wall Street Expects Earnings Growth
Corning (GLW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- GlobeNewswire•2 days ago
Corning and OtterBox Collaborate to Launch Amplify Screen Protectors
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.
- Markit•16 days ago
See what the IHS Markit Score report has to say about Corning Inc.
Corning Inc NYSE:GLWView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for GLW with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GLW. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding GLW are favorable with net inflows of $108.84 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. GLW credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- GlobeNewswire•16 days ago
Corning Named 2019 ENERGY STAR® Partner of the Year
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.
- GlobeNewswire•21 days ago
Corning Building First Solar Array in New York at Oneonta Plant
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.
- Insider Monkey•27 days ago
Here’s What Hedge Funds Thought About Corning Incorporated (GLW)
Insider Monkey has processed numerous 13F filings of hedge funds and famous investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and investors' positions as of the end of the fourth quarter. You can find write-ups about an individual hedge fund's trades on numerous financial news websites. […]
- Motley Fool•29 days ago
How to Invest in 5G Stocks
The coming standard for mobile telecommunications promises consumers significantly faster speeds that will enable a generation of new and exciting applications. Here's how investors can profit.
- GlobeNewswire•last month
Corning Celebrates Opening of Software Innovation Center in Montreal
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.
- Motley Fool•last month
3 Top High-Yield Tech Stocks
Let these technology leaders pay you to own their shares.
- GlobeNewswire•last month
Corning Accelerates Flow Reactor Commercialization
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 ...
- GlobeNewswire•2 months ago
Corning Recognized as a Top Global Supplier by Daimler
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.
- InvestorPlace•2 months ago
The Pressure Is On for Apple to Produce a Folding iPhone
If Apple (NASDAQ:AAPL) wasn't feeling the pressure over folding smartphones in the days after Mobile World Congress 2019, the company has to be now. Samsung and Huawei are both ready to release uber expensive flagship folding smartphones, while other Android smartphone makers have prototypes. Now reports have emerged that Samsung is working on two additional new folding smartphones, even as Chinese retailers begin slashing iPhone prices for the second time this year. All of this begs the question: When will we see a folding iPhone?Source: Shutterstock Until late last year, folding smartphones were hardly on the radar. The focus was on keeping up with Apple, and how to deal with a market that was maturing.What a difference a few months make. Samsung officially announced the Galaxy Fold at its Unpacked event in February, and just days later, MWC 2019 saw multiple folding smartphones showcased, including the $2,600 Huawei Mate X. The buzz over folding smartphones hasn't let up. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Folding Smartphones Are Ramping UpWith no signs of a folding iPhone anytime in the near future (other than a patent filed earlier this year), the folding smartphone situation is rapidly becoming worse for AAPL. Yesterday, Bloomberg reported that with the Galaxy Fold launching in April, Samsung has two more folding smartphones in the pipeline.In addition, rumors are heating up that Lenovo is preparing to release a $1,500 folding Motorola Razr smartphone this summer. That's bad news for AAPL on multiple fronts. The timing of the Razr launch would mean Apple's fall iPhone launch would be coming on the back of yet another high profile folding smartphone. Motorola sells a fraction of the smartphones Apple or Samsung do, but it's a top four player in the U.S. market. The original Motorola Razr flip phone is one of the most popular mobile phones of all time. The Motorola Razr V3, which was released in 2007, sold over 130 million units, making it the best-selling flip phone of all time. * 10 Hot Stocks to Buy Right Now The combination of nostalgia, cool new tech and a price expected to be hundreds of dollars less than the larger folding smartphones from Samsung and Huawei could make this new Motorola Razr a hit as well. Promoting Folding TechnologyThe smartphone industry is ramping up to support folding devices. Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google has already incorporated support for folding devices in Android. Meanwhile, Samsung is reported to be actively shopping its folding display technology to other companies, including Google and Apple. The company currently has production capacity to push out 2.4 million folding displays yearly, but could ramp that up to 10 million units. Where's the Folding iPhone?Apple is in a bit of a tough spot at the moment, a position it's not accustomed to being in. The company set a new precedent for premium smartphone pricing with the iPhone X in 2017, and topped that with the iPhone XS Max last fall. With sales softening, the company is relying on average sale price (ASP) to drive iPhone revenue, which is the primary driver of Apple stock.But the iPhone is beginning to fall behind. It's no longer the camera leader. It started the smartphone screen notch trend with the iPhone XS, but after a year of copying, Android smartphone makers are moving away from the notch, making AAPL's design look dated. Folding smartphones are becoming the new ultra-premium device. It will be hard for Apple to maintain iPhone revenue growth through rising ASP if its smartphones are no longer seen as the best.The company has already had to aggressively market trade-ins to reduce the purchase price of new iPhones, and Reuters is reporting that Chinese retailers have begun slashing iPhone prices for the second time this year. * 7 Cheap Stocks Under $5 That Could Soar A folding iPhone may be the only way out of this situation, but it has risks. For one, AAPL would seem like a follower -- a position the company hates to be in. The category is also brand new and there's no guarantee consumers are actually going to buy folding smartphones, at least after the initial rush. There are also technical issues still to be resolved. Those Samsung folding screens are plastic. That means potential for scratches, and the company is worried about creasing.Enter Corning (NYSE:GLW). Apple has used Corning's Gorilla Glass in its devices for a decade, and recently invested $200 million in the American company. Corning says it is actively working on foldable glass for smartphone displays, but the end results may be a few years away.That may well be the key to when Apple will release a folding iPhone. Rather than adopting the same folding Samsung displays everyone else is, the company could wait and take any lumps it has coming for a few years. If the folding smartphone dies off, nothing lost. If it takes off, Apple would be positioned to be first to market with a folding iPhone protected by glass -- an innovation rather than simply following the herd.Either way, folding smartphones could mean the next year or two will be bumpy ones for iPhone sales.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post The Pressure Is On for Apple to Produce a Folding iPhone appeared first on InvestorPlace.
- GlobeNewswire•2 months ago
Corning to Highlight Solutions for Emerging Applications at 2019 Optical Networking and Communication Conference
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.
- Simply Wall St.•2 months ago
Is Now An Opportune Moment To Examine Corning Incorporated (NYSE:GLW)?
Corning Incorporated (NYSE:GLW) led the NYSE gainers with a relatively large price hike in the past couple of weeks. As a large-cap stock with high coverage by analysts, you couldRead More...
- GuruFocus.com•2 months ago
Corning Inc (GLW) Chairman, CEO & President Wendell P Weeks Sold $7.5 million of Shares
Chairman, CEO & President of Corning Inc (NYSE:GLW) Wendell P Weeks sold 223,379 shares of GLW on 02/14/2019 at an average price of $33.77 a share.
- GlobeNewswire•2 months ago
Consolidated Research: 2019 Summary Expectations for Corning, Windstream, Deckers Outdoor, Haemonetics, The Descartes Systems Group, and CSG Systems International — Fundamental Analysis, Key Performance Indications
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,.
- Motley Fool•2 months ago
3 Reasons Corning Is a Buy
Since more Corning products are coming to our wireless networks, smartphones, and automobiles, it might be a good time for more Corning in your portfolio.
- Motley Fool•2 months ago
Is Corning a Buy?
The top glassmaker has been on an outperformance streak. Is it time to buy?
- Simply Wall St.•2 months ago
Corning Incorporated (NYSE:GLW): What Are The Future Prospects?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In December 2018, Corning Incorporated (NYSE:GLW) releasedRead More...
- Market Realist•3 months ago
Here’s Apple’s Answer to iPhone Demand Problem
Key Apple Updates: iPhone Pricing, Service Business, OutlookPricing iPhone in local currencyApple (AAPL) mostly prices the iPhone in US dollars. But a stronger dollar ends up making the iPhone more expensive in international markets where customers
