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Corning, Inc. - GLW STOCK NEWS

Welcome to our dedicated news page for Corning (Ticker: GLW), a resource for investors and traders seeking the latest updates and insights on Corning.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Corning's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Corning's position in the market.

News
Rhea-AI Summary
Corning Incorporated (NYSE: GLW) announced a quarterly dividend of $0.28 per share, payable on March 28, 2024, to shareholders of record on Feb. 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
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dividends
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Rhea-AI Summary
Corning Incorporated (NYSE: GLW) reported its fourth-quarter and full-year 2023 results, showing a 6% sequential decrease in GAAP sales to $3.0 billion and an 11% decline in full-year sales to $12.6 billion. Despite lower sales, fourth-quarter GAAP and core gross margin each improved by more than 300 basis points year over year, with cash generation significantly improving. The company expects first-quarter core sales of approximately $3.1 billion and core EPS in the range of $0.32 to $0.38, with management anticipating the first quarter to be the low quarter of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.9%
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-
Rhea-AI Summary
Corning Incorporated and Samsung Electronics Co., Ltd. have announced that Samsung’s Galaxy S24 Ultra devices will feature Corning’s new Corning® Gorilla® Armor cover material. This new material offers an unparalleled combination of durability and visual clarity, reducing reflection by up to 75% and demonstrating over four times more scratch resistance than competitive aluminosilicate cover glasses. The launch of Galaxy S24 Ultra phones with Gorilla Armor follows a celebratory year for Corning and Samsung, marking 50 years of industry-leading partnership for the companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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none
Rhea-AI Summary
Corning Incorporated announces third-quarter 2023 results and outlook for fourth-quarter 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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-
Rhea-AI Summary
Corning's vice chairman and corporate development officer, Lawrence D. McRae, will retire at the end of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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none
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News
Rhea-AI Summary
Corning Incorporated declares a quarterly dividend of $0.28 per share, payable on Dec. 15, 2023. Forward-looking statements caution uncertainty. Risks include global economic trends, competition, COVID-19 impact, and supply chain disruptions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends
Rhea-AI Summary
Corning Incorporated announces second-quarter 2023 results and outlook for third-quarter 2023. Sales increased sequentially, but decreased year over year. Core sales were up 3% sequentially. Core gross margin and core operating margin improved. Free cash flow improved to $310 million. Third-quarter outlook: core sales of approximately $3.5 billion and core EPS to be about the same or slightly better than in the second quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
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-
Rhea-AI Summary
Corning Incorporated (NYSE: GLW) has launched Corning® Viridian™ Vials, a new technology that can improve filling-line efficiency by up to 50% and reduce vial-manufacturing CO2e emissions by up to 30%. Viridian Vials use 20% less glass material, lowering manufacturing and transportation-related emissions by up to 30% and decreasing the total amount of glass entering the waste stream. West Pharmaceutical Services will be the exclusive distributor of Viridian Vial Technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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none
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News
Rhea-AI Summary
Corning Incorporated's Board of Directors has declared a quarterly dividend of $0.28 per share, payable on Sept. 28, 2023. The company's future operating performance, revenue growth rates, and ability to innovate and commercialize new products are among the forward-looking statements mentioned in the PR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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management
Corning, Inc.

NYSE:GLW

GLW Rankings

GLW Stock Data

26.94B
770.00M
9.66%
70.97%
1.35%
Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
Manufacturing
Link
US
Corning

About GLW

about corning incorporated corning (www.corning.com) is one of the world’s leading innovators in materials science. for more than 160 years, corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. corning succeeds through sustained investment in r&d, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. corning’s businesses and markets are constantly evolving. today, corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. they include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissio