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Corning Inc.

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Get updates on Corning Inc.
Gorilla Glass a Reason to 'Buy' Corning ?

Shares of Gorilla Glass maker Corning (NYSE:GLW) climbed about 1% Monday morning after the telecom equipment maker was handed upgrades on the heels of two upbeat analyst notes.Barclays (NYSE:BCS) lifted Corning to "overweight" from "equalweight," while Morgan Stanley (NYSE:MS) raised the maker of display technologies to "equalweight" from "underweight."Morgan Stanley raised its 2013 outlook on Corning's Gorilla Glass sales to $1.37 billion, which would mark a 31% year-over-year improvement from the 2012 period as smartphone sizes creep higher and touch notebook sales improve. The extra-tough glass is used by Samsung for its popular suite of Galaxy devices. The brokerage calls it a "risk-reward view," noting: "Touch notebooks lift Gorilla demand in 2013, but the display business continues to shrink with a 2015 reset on the Yen hedges rolling off."Corning last month upped its quarterly dividend by 11% and unveiled a $2 billion buyback program after posting stronger-than-expected first-qu...

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  9. Corning : $74.7 Million in Debt Principal Tendered in $75 Million Offer

    Corning Inc. (GLW) said its $75 million debt tender offer was nearly fully subscribed as of the early tender date.As of Thursday at 5 p.m. EST, the company said $74....

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  11. PRESS RELEASE: FTC Puts Conditions on Corning's Proposed Purchase of Discovery Labware, Inc

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  12. As Earnings Disappoint, Companies Announce Waves Of Layoffs

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  1. Corning Reports Higher Net, Unveils $2 Billion Buyback

    Corning Inc.'s (GLW) first-quarter earnings rose 4.2% as the materials maker benefited from lower tax costs and stabilizing prices for its television glass, offsetti...

  2. Corning Reports Higher Profits, $2 Billion Buyback

    Corning Inc.'s (GLW) first-quarter income rose 4.2% as the materials maker benefited from lower tax costs and stabilizing prices for its television glass, offsetting...

  3. Corning 1st-Quarter Profit Up 4.2% on Lower Tax Expenses

    Corning Inc.'s (GLW) first-quarter income rose 4.2% as the maker of TV-screen glass benefited from lower tax costs, though revenue declined.Corning, which relies on ...

  4. DOJ: Corning Agrees to Settle False-Claims Allegations

    Corning Inc. (GLW) agreed to pay the federal government a $5.65 million settlement, to resolve allegations that it knowingly presented false claims to the United Sta...

  5. DOJ: Corning Agrees to Settle False Claims Allegations

    Corning Inc. (GLW) agreed to pay the federal government a $5.65 million settlement, to resolve allegations that it knowingly presented false claims to the United Sta...

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