Bull of the Day: Corning Incorporated (GLW)
Jeremy Mullin - ZACKS - Fri Jul 08, 9:08AM CDT
Bull of the Day: Corning Incorporated (GLW)
GLW: 21.45 (+0.46)
Upgrade Alert for Corning (GLW)
Comtex SmarTrend(R) - Fri Jul 08, 3:27AM CDT
Corning (NYSE:GLW) was upgraded from Buy to Conviction Buy at Goldman Sachs today. The stock closed yesterday at $20.42 on volume of 7.3 million shares, below average daily volume of 9.4 million. Corning Incorporated is a global, technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass and projection video lens assemblies for the information display industry.
GLW: 21.45 (+0.46)
Corning Rises 1.86% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jul 07, 1:23PM CDT
Corning (NYSE:GLW) traded in a range yesterday that spanned from a low of $20.40 to a high of $20.78. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $20.57 on volume of 2.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GLW: 21.45 (+0.46)
After Yesterday's Rally of 1.86% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Jul 07, 1:21PM CDT
Corning (NYSE:GLW) traded in a range yesterday that spanned from a low of $20.40 to a high of $20.78. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $20.57 on volume of 2.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GLW: 21.45 (+0.46)
Dow Chemical Shuttering Silicone Plants, Axing 2,500 Jobs
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 2:24PM CDT
Dow Chemical (DOW) is shuttering silicones plants and eliminating 2,500 jobs as part of multiple actions to attain synergies from its restructured ownership in Dow Corning.
ALB: 85.22 (+1.59), DD: 65.94 (+1.70), GLW: 21.45 (+0.46), DOW: 50.95 (+1.10)
Corning Invests in Versalume, to Collaborate on Fibrance
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 7:35AM CDT
Corning Incorporated (GLW) announced that it has made an investment in Versalume LLC, for developing smart, integrated fiber lighting products based on Fibrance
ANET: 70.09 (+0.29), UTSI: 1.96 (-0.02), GLW: 21.45 (+0.46), PLT: 46.16 (+0.84)
Dow Chemical to cut about 2,500 jobs globally
AP - Tue Jun 28, 10:38AM CDT
NEW YORK (AP) — Dow Chemical says it will eliminate about 2,500 jobs worldwide, or about 4 percent of its workforce, which is tied to the recent restructuring of its ownership in Dow Corning.
DD: 65.94 (+1.70), GLW: 21.45 (+0.46), DOW: 50.95 (+1.10)
Corning Set to Possibly Pullback After Yesterday's Rally of 2.14%
Comtex SmarTrend(R) - Wed Jun 22, 1:00PM CDT
Corning (NYSE:GLW) traded in a range yesterday that spanned from a low of $20.42 to a high of $20.84. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $20.71 on volume of 2.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GLW: 21.45 (+0.46)
Downgrade Alert for Corning (GLW)
Comtex SmarTrend(R) - Tue Jun 14, 3:25AM CDT
Corning (NYSE:GLW) was downgraded from Buy to Hold at Standpoint Research today. The stock closed yesterday at $20.24 on volume of 9.9 million shares, above average daily volume of 9.4 million. There is potential upside of 2.4% for shares of Corning based on a current price of $20.24 and an average consensus analyst price target of $20.72. The stock should find initial support at its 50-day moving average (MA) of $19.85 and further support at its 200-day MA of $18.38.
GLW: 21.45 (+0.46)
Look for Shares of Corning to Potentially Rebound after Yesterday's 2.33% Sell Off
Comtex SmarTrend(R) - Fri Jun 10, 1:31PM CDT
Corning (NYSE:GLW) traded in a range yesterday that spanned from a low of $20.13 to a high of $20.60. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $20.68 on volume of 5.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GLW: 21.45 (+0.46)
After Yesterday's Decline of 2.33%, Corning Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 1:30PM CDT
Corning (NYSE:GLW) traded in a range yesterday that spanned from a low of $20.13 to a high of $20.60. Yesterday, the shares fell 2.3%, which took the trading range below the 3-day low of $20.68 on volume of 5.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GLW: 21.45 (+0.46)
Corning Completes Tender Offer to Acquire Alliance Fiber Optic Products, Inc.
Globe Newswire - Mon Jun 06, 7:30AM CDT
AFOP: 18.51 (+0.01), GLW: 21.45 (+0.46)
Dow Chemical Finishes Dow Corning's Strategic Restructuring
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 6:05AM CDT
The Dow Chemical Company (DOW) successfully completed the restructuring of Dow Corning, increasing its 50% stake to 100% in the company's silicone business.
ALB: 85.22 (+1.59), GLW: 21.45 (+0.46), DOW: 50.95 (+1.10)
Dow Chemical completes restructuring of Dow Corning unit
AP - Wed Jun 01, 10:17AM CDT
NEW YORK (AP) — The Dow Chemical Co. on Wednesday said it completed the restructuring of Dow Corning and now owns all of the company's silicone business.
GLW: 21.45 (+0.46), DOW: 50.95 (+1.10)
Hemlock Semiconductor Names Mark Bassett, Ph. D., Chairman and CEO
BusinessWire - Wed Jun 01, 7:15AM CDT
Mark Bassett, Ph. D. has been named chairman and CEO of Hemlock Semiconductor, effective June 1. Bassett, who currently serves as global vice president of The Dow Chemical Company's Polyurethanes business, replaces Denise Beachy, who has been named commercial director for Europe, Middle East, Africa and India for Dow's Elastomers, and Electrical and Telecommunications business.
GLW: 21.45 (+0.46), DOW: 50.95 (+1.10)
Corning Incorporated Completes Strategic Realignment of Interest in Dow Corning Corporation
Globe Newswire - Wed Jun 01, 6:35AM CDT
Raises projected shareholder distributions through 2019 to
GLW: 21.45 (+0.46)
Look for Shares of Corning to Potentially Pullback after Yesterday's 1.39% Rise
Comtex SmarTrend(R) - Tue May 31, 1:18PM CDT
Corning (NYSE:GLW) traded in a range yesterday that spanned from a low of $20.45 to a high of $20.89. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $20.51 on volume of 5.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GLW: 21.45 (+0.46)
Next Resistance Level for Corning (GLW) is $20.84
Comtex SmarTrend(R) - Tue May 31, 9:21AM CDT
Shares of Corning (NYSE:GLW) have bullishly opened above the pivot of $20.34 today and have reached the first resistance level of $20.68. Should the shares continue to rise, the resistance pivots of $20.84 and $21.34 will be of interest.
GLW: 21.45 (+0.46)