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GLW

Corning

$34.35

-0.495 (-1.42%)

09:16
04/23/19
04/23
09:16
04/23/19
09:16

Corning formalizes agreement with OtterBox to market Amplify screen protectors

Corning 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 knowledge addresses better scratch resistance and durability to handle everyday use.

  • 30

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    May

GLW Corning
$34.35

-0.495 (-1.42%)

09/14/18
09/14/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Corning (GLW) upgraded to Buy from Neutral at Citi with analyst Asiya Merchant saying the shares are "poised to continue to grind higher" in the next 12-18 months as investors appreciate the company's "multiple vectors" for revenue growth, diversification and margin expansion. 2. Coca-Cola European Partners (CCE) was upgraded to Outperform at Wells Fargo and to Neutral from Negative at Susquehanna. 3. VF Corp. (VFC) upgraded to Outperform from Market Perform at Cowen with analyst John Kernan saying VF's disclosure of a 23% operating margin for Vans implies that the brand alone could generate $1B-plus in free cash flow by fiscal 2022. 4. Helmerich & Payne (HP) upgraded to Neutral from Underweight at JPMorgan with analyst Sean Meakim saying Helmerich exceeded his expectations in adapting to the upgrade cycle. 5. Parker-Hannifin (PH) upgraded to Buy from Neutral at Buckingham. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/20/18
ARGS
09/20/18
NO CHANGE
Target $42
ARGS
Buy
Corning price target raised to $42 from $36 at Argus
Argus analyst Jim Kelleher raised Corning's price target to $42 from $36 sayaing its positioned to leverage revenue growth into margin expansion in 2H 2018 and 2019. Kelleher said investments are now bearing fruit and is positioned for positive bottom-line comparisons for 2H 2018 and 2019.
11/14/18
GUGG
11/14/18
DOWNGRADE
GUGG
Neutral
Guggenheim sees 5% iPhone drop next year, downgrades Apple to Neutral
Guggenheim analyst Robert Cihra downgraded Apple to Neutral from Buy and removed his prior $245 price target for the shares. The stock closed yesterday down $1.94 to $192.23. The average selling price of the iPhone has increased a "dramatic" $220, or 40%, over the past 10 years, reflecting its "growing value to both consumer and business markets," Cihra tells investors in a research note. The analyst points out, however, that nearly half of that increase came in fiscal 2018 alone. This makes a "period of digestion now likely," Cihra writes in a note partially titled "ASPs No Longer Enough." The analyst believes Apple's growth via average selling price is now "widely known." The iPhone's nearly 60% contribution to revenue and profits is "looking like a headwind again," says Cihra. Following early supply chain cuts, exemplified by Corning's (GLW) "softer" Q4 gorilla glass guidance back in October and this week's warnings from 3D sensing laser supplier Lumentum (LITE) and LCD supplier Japan Display, the analyst now estimates iPhone units will decline 5% year-over-year in fiscal 2019. He cut his fiscal 2019 earnings per estimate for Apple to $12.97 from $13.41 and revenue estimate to $273B from $281B.
11/29/18
SBSH
11/29/18
NO CHANGE
SBSH
Citi consumer electronics survey positive for Corning, negative for GoPro
Citi surveyed 60 retail and electronics stores in the U.S. during mid-November to inquire about promotions, sell-through, and preferences for various consumer electronics products, analyst Jim Suva tells investors in a research note. The analyst calls television the "clear winner," followed by video game accessories and wireless speakers. The results point to continued size migration to 50 inch-plus TVs and strong elasticity of demand for price promotions, says Suva. He believes this benefits Corning (GLW). The analyst also finds the video gaming accessories trends as positive for Logitech (LOGI). Fitness trackers and smartwatch trends are neutral for Fitbit (FIT) and positive for Apple (AAPL), while digital camera trends negative for GoPro (GPRO), adds Suva.

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COST

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MMM

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ULTA

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CMCSK

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DIS

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NFLX

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AAPL

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ROKU

Roku

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NSRGY

Nestle

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(0.00%)

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NFLX

Netflix

$291.40

-5.47 (-1.84%)

, DIS

Disney

$131.70

-4.37 (-3.21%)

08:39
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NFLX

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$291.40

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DIS

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FOXA

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CMCSK

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CMCSA

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CBS

CBS

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AMZN

Amazon.com

$1,752.00

-52 (-2.88%)

, FDX

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FDX

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UPS

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F

Ford

$8.76

-0.27 (-2.99%)

GM

General Motors

$36.06

-1.19 (-3.19%)

DDAIF

Daimler AG

$0.00

(0.00%)

HMC

Honda

$22.90

-0.32 (-1.38%)

TM

Toyota

$127.94

-1.69 (-1.30%)

VWAGY

Volkswagen

$0.00

(0.00%)

AAPL

Apple

$202.73

-9.82 (-4.62%)

FB

Facebook

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-4.39 (-2.41%)

TWTR

Twitter

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GOOGL

Alphabet Class A

$1,154.66

-35.75 (-3.00%)

GOOG

Alphabet

$1,151.72

-36.81 (-3.10%)

ADM

Archer Daniels

$37.44

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REGI

Renewable Energy

$11.65

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GPRE

Green Plains

$7.34

-0.68 (-8.48%)

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AMAT

Applied Materials

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, AMD

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AMD

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CHKP

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CSCO

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EQIX

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FLEX

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INTC

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NVDA

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OTEX

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PYPL

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RNG

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SQ

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STX

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TWLO

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V

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DB

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, COF

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Deutsche Bank, Capital One won't say if they have Trump's tax returns, NYP says »

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DB

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COF

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  • 27

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MXIM

Maxim Integrated

$52.14

-2.42 (-4.44%)

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Maxim Integrated's Jain sells 12,683 common shares »

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  • 10

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GLD

SPDR Gold Shares

$144.15

2.77 (1.96%)

17:42
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SPDR Gold Shares holdings rise to 859.83MT to 854.84MT »

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AUMN

Golden Minerals

$0.27

0.0159 (6.38%)

17:33
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Golden Minerals receives noncompliance notice from NYSE »

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DMPI

DelMar Pharmaceuticals

$0.77

0.0047 (0.61%)

17:25
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Intracoastal Capital reports 9.99% passive stake in DelMar Pharmaceuticals »

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RTN

Raytheon

$180.58

-6.44 (-3.44%)

17:22
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Hot Stocks
Raytheon awarded $534M Army contract »

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UHAL

Amerco

$339.43

-2.97 (-0.87%)

17:21
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Hot Stocks
Amerco announces special cash dividend of 50c per share »

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NTLA

Intellia Therapeutics

$15.77

-1.08 (-6.41%)

17:20
08/23/19
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17:20
Syndicate
Breaking Syndicate news story on Intellia Therapeutics »

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GD

General Dynamics

$183.42

-4.19 (-2.23%)

17:19
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17:19
Hot Stocks
General Dynamics awarded $1.08B Navy contract modification »

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NVLN

Novelion Therapeutics

$0.66

-0.0523 (-7.37%)

17:17
08/23/19
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17:17
Hot Stocks
Stonepine Capital reports 6.1% passive stake in Novelion Therapeutics »

Stonepine Capital…

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LMT

Lockheed Martin

$376.85

-8.91 (-2.31%)

17:14
08/23/19
08/23
17:14
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17:14
Hot Stocks
Lockheed Martin awarded $2.43B Navy contract modification »

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ONCS

OncoSec

$1.84

-0.03 (-1.60%)

17:14
08/23/19
08/23
17:14
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17:14
Syndicate
Breaking Syndicate news story on OncoSec »

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TNXP

Tonix Pharmaceuticals

$0.42

-0.0249 (-5.60%)

17:09
08/23/19
08/23
17:09
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17:09
Syndicate
Breaking Syndicate news story on Tonix Pharmaceuticals »

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03/08/13
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  • 25

    Sep

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$284.86

-7.5 (-2.57%)

17:08
08/23/19
08/23
17:08
08/23/19
17:08
General News
Trump to raises tariff rates on Chinese goods, CNBC says »

U.S. President Donald…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$284.86

-7.5 (-2.57%)

03/08/13
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ATIS

Attis Industries

$1.03

-0.08 (-7.21%)

17:06
08/23/19
08/23
17:06
08/23/19
17:06
Hot Stocks
Attis Industries provides update on status of Nasdaq listing »

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CVEO

Civeo

$1.32

-0.07 (-5.04%)

17:04
08/23/19
08/23
17:04
08/23/19
17:04
Syndicate
Breaking Syndicate news story on Civeo »

Civeo files $300M mixed…

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