|Day's Range||44.68 - 45.23|
|52 Week Range||44.46 - 56.95|
|PE Ratio (TTM)||15.00|
|Dividend & Yield||2.31 (5.15%)|
|1y Target Est||N/A|
Corning just scored two major deals in different business segments which highlight the opportunities ahead for the specialty glass manufacturer.
Sprint's reported talks with Comcast Corp. and Charter Communications Inc. could provide an opportunity for all three companies to hedge their risks in an increasingly competitive marketplace, analysts said. The move wouldn't necessarily preclude a merger with T-Mobile US Inc., and could actually lead to a better deal. "I think Sprint (NYSE: S) went out there and they wanted to see what really are their options," said Angelo Zino, a senior industry analyst with CFRA Research.
The cable giants could give struggling Sprint a lifeline. But a deal won't come cheap.