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Corning Inc. said Monday that demand is rebounding for its flat-screen television glass but the specialty glass maker's third-quarter profit fell 16 percent from a year ago as overall sales slipped.
Specialty glass maker Corning Inc. reports its results for the third quarter on Monday. The following is a summary of key developments and analyst opinion related to the period.
Specialty glass pioneer Corning Inc. said Wednesday it acquired laboratory equipment maker Axygen BioScience Inc. from American Capital Ltd. for about $400 million in cash to broaden its life sciences division.
Specialty glass maker Corning Inc. is acquiring Axygen BioScience Inc. from American Capital Ltd. for about $400 million in cash to broaden its life sciences business.
Corning Inc. said Tuesday its output of liquid-crystal-display glass will be lower than expected in the third quarter after an earthquake halted glass production at a plant in Japan.
Corning Inc. said Monday its second-quarter earnings skidded to $611 million from results inflated by a big one-time gain a year ago, but the specialty glass maker still beat Wall Street expectations on resurgent demand for its flat-screen television monitors.
Specialty glass maker Corning Inc. said Tuesday it is getting a big lift from rising sales of flat-screen televisions, most notably in China.
Specialty glassmaker Corning Inc. said Thursday it anticipates stronger-than-expected demand in the second quarter for its flat-screen television glass.
Specialty glassmaker Corning Inc. said Monday its first-quarter profit fell 99 percent on slumping sales and a charge for previously-disclosed job cuts.
Specialty glass and ceramics maker Corning Inc. said Thursday it expects to turn a first-quarter profit, excluding special items, thanks to an increase in glass orders over the past several weeks.
The chief executive of Corning Inc., a specialty glass and ceramics maker, received total compensation valued at $7.54 million in 2008, almost 19 percent lower than in the previous year, according to a regulatory filing made Monday.
Corning Inc. said Tuesday it is cutting 3,500 jobs, or 13 percent of its payroll, as demand slumps for glass used in flat-screen televisions and computers.
By day, Kishor Gadkaree puts samples of a honeycomb-shaped filter into a miniature gas chamber that simulates the insides of a coal-burning smokestack.
Shares of Corning Inc. tumbled 7 percent Tuesday after the specialty glass maker lowered its fourth-quarter sales and profit guidance to reflect slumping demand for glass used in flat-screen televisions and computers.
Shares of Corning Inc. tumbled 12.6 percent to a three-year low Wednesday after the company lowered its third-quarter sales and profit guidance to reflect a bigger-than-expected drop in orders for glass used in flat-screen televisions and computers.
Corning Inc. said Wednesday its second-quarter profit surged thanks to a hefty one-time tax gain and strong demand for glass used in flat-screen televisions and computers. But it forecast third-quarter sales below Wall Street expectations, and its shares dropped 4 percent.
Corning Inc. said Tuesday its first-quarter profit tripled to more than $1 billion, exceeding Wall Street's expectations on soaring demand for glass used in flat-screen televisions and laptop computers. Its stock rose more than 3 percent.
Corning Inc. said Monday its fourth-quarter profit rose 11 percent, beating Wall Street expectations, with strong demand for glass used in flat-screen televisions and computers.
Corning Inc., the world's largest maker of optical fiber, said Wednesday its third-quarter profit rose 41 percent on strong performances from its display technologies and telecommunications segments.
Police say Corning man stabbed himselfA Corning man who told police he was assaulted and who suffered life-threatening stab wounds has been arrested after a police investigation concluded the man stabbed himself and lied about it.
One last round for Corning ClassicEAST CORNING - For three decades, the last week in May has been a time when thousands of local fans have followed the exploits and fortunes of Rosie Jones, JoAnne "Big Mama" Carner, Patty Sheehan and scores of other golfers.
Corning plans to cut work forceAfter a steady drop in sales since October, Corning will be cutting its workforce in January.
At Cooper-Hewitt, Designers Teach Glass New TricksThe august designer Massimo Vignelli, who worked for the Italian glass firm Venini at the start of his career nearly 50 years ago, arrived with intricate sketches for ribbed Venetian-style vessels.
Kodak Partners with World-Class MEMS R&D CenterJust had to post this one, particularly given one of my other seeds about CMOS sensors going into more digital cameras by Kodak.... Infotonics is a MEMS fab and packaging facility started by Kodak, Corning and Xerox, the State of New York and the Federal Government.
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