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GLW

Corning

$32.36

-0.08 (-0.25%)

12:05
11/29/17
11/29
12:05
11/29/17
12:05

Corning to create 185 jobs in New York through Valor Glass investment

Corning announced an investment in Corning Valor Glass that will create 185 new jobs and support more than 380 jobs overall in the Southern Tier of New York. The new jobs will be located at the Corning Innovation Support Center in Big Flats and at Corning's Research and Development Facility at Sullivan Park in Erwin. Corning has been awarded incentives from Empire State Development, New York State's chief economic development agency, in the form of a $6M capital grant through the Upstate Revitalization Initiative to purchase manufacturing equipment and make infrastructure improvements; and tax credits through the Excelsior program. Developing and manufacturing Valor Glass in the Southern Tier is part of Corning's plan announced in July to invest $500M and create 1,000 new U.S. jobs.

  • 29

    Nov

  • 07

    Dec

GLW Corning
$32.36

-0.08 (-0.25%)

04/19/17
ARGS
04/19/17
NO CHANGE
ARGS
Corning price target raised to $33 from $30 at Argus
Argus analyst Jim Kelleher increased his price target on Corning (GLW) after the company announced a $1.05B fiber supply deal with Verizon (VZ). The analyst says that Corning's valuation is attractive and keeps a Buy rating on the shares.
04/19/17
04/19/17
NO CHANGE

Zayo Group has negative read through from Verizon deal, says Pacific Crest
After Verizon (VZ) agreed to buy fiber from Corning (GLW), Pacific Crest analyst Brandon Nispel says the deal indicates that Verizon prefers to build a fiber network on its own instead of leasing one from a third party. The analyst views this development as negative for Zayo which is building and looking to lease fiber networks. He keeps a Sector Weight rating on the stock.
04/26/17
UBSW
04/26/17
NO CHANGE
Target $29
UBSW
Neutral
Corning doing better than expected, says UBS
UBS analyst Tejas Venkatesh noted Corning (GLW) beat expectations for Q1 and its guidance surpassed expectations, leading him to say the company is doing better than expected. He also believes the company's deal with Verizon (VZ) is significant, though he maintains his Neutral rating on Corning shares due to currency risk that keeps him on the sidelines. Venkatesh raised his price target to $28.50 from $26 on Corning.
08/15/17
GSCO
08/15/17
DOWNGRADE
Target $26
GSCO
Sell
Corning downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Doug Clark downgraded Corning to Sell (GLW) and cut his price target for the shares to $26 from $29. The analyst believes the LCD cycle "may be approaching a downturn." Supply chain inventory levels have been ticking higher, panel prices have begun to decline and TV makers are reducing production targets, Clark tells investors in a research note. He sees risk to estimates and Corning's valuation. Clark this morning also upgraded GoPro (GPRO) to Neutral.

TODAY'S FREE FLY STORIES

PFE

Pfizer

$36.46

-0.18 (-0.49%)

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  • 04

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HUSKF

Husky Energy

$12.76

0.3377 (2.72%)

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PRAH

PRA Health

$89.13

1.9 (2.18%)

18:41
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DIS

Disney

$110.57

2.96 (2.75%)

, FOX

21st Century Fox

$34.22

1.88 (5.81%)

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Periodicals
Experts: Disney-Fox deal may raise antitrust worries, Reuters reports »

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Disney

$110.57

2.96 (2.75%)

FOX

21st Century Fox

$34.22

1.88 (5.81%)

FOXA

21st Century Fox

$34.88

2.13 (6.50%)

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  • 14

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MESO

Mesoblast

$5.39

-0.07 (-1.28%)

, TIG

TiGenix

$21.67

-2.55 (-10.53%)

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Mesoblast

$5.39

-0.07 (-1.28%)

TIG

TiGenix

$21.67

-2.55 (-10.53%)

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MDXG

MiMedx

$12.14

0.15 (1.25%)

18:28
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MiMedx posts new materials on website exposing misinformation from short sellers »

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AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

, GOOG

Alphabet

$1,049.15

8.54 (0.82%)

18:23
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Periodicals
Amazon to begin selling Apple TV, Chromecast on online store, Reuters reports »

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AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

GOOG

Alphabet

$1,049.15

8.54 (0.82%)

GOOGL

Alphabet Class A

$1,057.47

6.08 (0.58%)

AAPL

Apple

$172.22

-0.05 (-0.03%)

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  • 07

    Feb

  • 18

    Mar

WM

Waste Management

$84.66

-0.68 (-0.80%)

18:02
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Hot Stocks
Waste Management raises quarterly dividend 9.4%, authorizes $1.25B buyback »

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IQV

Iqvia

$101.47

-0.75 (-0.73%)

17:58
12/14/17
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17:58
Initiation
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SRE

Sempra Energy

$115.78

0.54 (0.47%)

17:40
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Sempra Energy, Oncor announce settlement with key stakeholders »

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ORCL

Oracle

$50.19

0.14 (0.28%)

17:40
12/14/17
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17:40
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17:40
Hot Stocks
Breaking Hot Stocks news story on Oracle »

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  • 14

    Dec

ORCL

Oracle

$50.19

0.14 (0.28%)

, AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

17:34
12/14/17
12/14
17:34
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17:34
Hot Stocks
Breaking Hot Stocks news story on Oracle, Amazon.com »

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ORCL

Oracle

$50.19

0.14 (0.28%)

AMZN

Amazon.com

$1,174.26

10.13 (0.87%)

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  • 14

    Dec

  • 18

    Mar

EPD

Enterprise Products

$26.07

0.17 (0.66%)

17:33
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Enterprise Products to implement further oil quality specifications at Cushing »

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ADBE

Adobe

$175.00

-1.83 (-1.03%)

17:31
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Adobe 'pleased' with subscription bookings and advertising cloud »

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  • 14

    Dec

JBL

Jabil Circuit

$27.45

-1.08 (-3.79%)

, COST

Costco

$186.53

-1.75 (-0.93%)

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On The Fly: After Hours Movers »

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JBL

Jabil Circuit

$27.45

-1.08 (-3.79%)

COST

Costco

$186.53

-1.75 (-0.93%)

CNC

Centene

$99.02

-2.17 (-2.14%)

DCIX

Diana Containerships

$4.87

-0.37 (-7.06%)

MS

Morgan Stanley

$52.64

-0.54 (-1.02%)

DDR

DDR Corp.

$7.96

-0.11 (-1.36%)

RMBL

RumbleON

$5.30

-0.06 (-1.12%)

SAH

Sonic Automotive

$20.05

-0.95 (-4.52%)

HES

Hess Corp.

$42.67

-1.43 (-3.24%)

FORM

FormFactor

$14.90

-0.05 (-0.33%)

ORCL

Oracle

$50.19

0.14 (0.28%)

VSTM

Verastem

$3.65

-0.15 (-3.95%)

GBT

Global Blood Therapeutics

$39.40

1.05 (2.74%)

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  • 14

    Dec

  • 14

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  • 14

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  • 15

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  • 09

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AEP

American Electric

$76.29

-0.22 (-0.29%)

17:28
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Syndicate
Breaking Syndicate news story on American Electric »

American Electric files…

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SAGE

Sage Therapeutics

$158.03

-6.62 (-4.02%)

17:25
12/14/17
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17:25
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17:25
Conference/Events
Sage Therapeutics management to meet with RBC Capital »

Dinner Meeting will be…

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  • 14

    Dec

  • 14

    Dec

ORCL

Oracle

$50.20

0.14 (0.28%)

17:24
12/14/17
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17:24
Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle CEO Hurd says…

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  • 14

    Dec

ADBE

Adobe

$175.00

-1.83 (-1.03%)

17:23
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Adobe targeting subscription bookings growth of 20% in FY18 »

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  • 14

    Dec

ADBE

Adobe

$175.00

-1.83 (-1.03%)

17:20
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Hot Stocks
Adobe says advertising cloud had a 'strong' year »

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  • 14

    Dec

ORCL

Oracle

$50.19

0.14 (0.28%)

17:20
12/14/17
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Hot Stocks
Breaking Hot Stocks news story on Oracle »

Oracle says currency…

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  • 14

    Dec

ORCL

Oracle

$50.19

0.14 (0.28%)

17:19
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Earnings
Oracle sees Q3 adjusted EPS 68c-70c, consensus 72c »

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  • 14

    Dec

UBA

Urstadt Biddle

$22.71

-0.48 (-2.07%)

, UBP

Urstadt Biddle Properties Inc.

$18.00

-0.01 (-0.06%)

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Hot Stocks
Urstadt Biddle raises quarterly dividend by 0.5c to 27c »

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UBA

Urstadt Biddle

$22.71

-0.48 (-2.07%)

UBP

Urstadt Biddle Properties Inc.

$18.00

-0.01 (-0.06%)

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ORCL

Oracle

$50.19

0.14 (0.28%)

17:14
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Hot Stocks
Oracle says customer adoption of cloud products 'remains very strong' »

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  • 14

    Dec

NQ

NQ Mobile

$4.13

0.02 (0.49%)

17:14
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NQ Mobile announces partnership with Chery Automotive »

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  • 17

    Dec

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