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The eco-friendly glass that's hard to crack![img](/img/external-link.svg)
Unlike standard glass, LionGlass doesn't need soda ash or limestone. Corning has more than half the market for glass used for large TV displays.
Dividend Sweetens Corning Buy Write With 32% Annualized Return Potential![img](/img/external-link.svg)
If we earn the $0.28 dividend at the end of this month, and if Corning closes above $34 at expiration on September 15, we would earn $1.28 per share on $33.00 per share at risk. Over 44 days, that would be an annualized return of 32.2%.
Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump![img](/img/external-link.svg)
Corning said it expects core sales of about $3.5 billion in the three months ending September. Shares of Corning were down nearly 1.5% before the bell. The company has seen a drop in demand from its consumer electronics clients.
Apple supplier Corning Q3 revenue forecast hit by...![img](/img/external-link.svg)
Corning says it expects core sales of about $3.5 billion in the three months ending September. Shares of Corning were down nearly 1.5% before the bell. The company has seen a drop in demand from its consumer electronics clients.
Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump![img](/img/external-link.svg)
Corning forecast third-quarter core sales below Wall Street estimates. Shares of Corning were down nearly 1.5 per cent before the bell. Company has seen a drop in demand from its consumer electronics clients.
Daily Dividend Report: Corning, Starbucks, Lockheed Martin, Kroger, Pfizer![img](/img/external-link.svg)
Corning's Board of Directors today declared a quarterly dividend of $0.28 per share. Kroger's quarterly dividend has grown at a 13.7% compounded annual growth rate since it was reinstated in 2006. This marks the 17th consecutive year of dividend increases.
Stocks making the biggest moves premarket: Target, Tesla, General Motors, DocuSign and more![img](/img/external-link.svg)
Tesla, General Motors -- Both carmaker stocks were climbing in premarket trading. Corning — Shares of the glass materials maker added 3.2% after an upgrade from Morgan Stanley.
Corning Incorporated's (NYSE:GLW) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?![img](/img/external-link.svg)
Corning's (NYSE:GLW) ROE is 8.0%, based on the trailing twelve months to March 2023. For every $1 worth of equity, the company was able to earn $0.08 in profit. Corning's growth is quite high when compared to the industry average growth of 16%.
Should You Pick Corning Stock Over Its Sector Peer?![img](/img/external-link.svg)
Corning stock is currently a better pick over its sector peer 3M stock, given its better prospects. Both companies are trading at a similar valuation of around 1.7x to 1.9x trailing revenues. GLW has seen better revenue growth in recent years and has a better debt position.
Biden administration's 'Internet for All' plan gets a corporate boost![img](/img/external-link.svg)
CommScope plans to invest $47 million to beef up its facility in Hickory, NC, including hiring 250 people. Corning opened a new plant at its existing campus there, part of a $500 million investment in capacity since 2020.
Corning Buy Write Offers 55% Annualized Return Potential![img](/img/external-link.svg)
For the buy write, if Corning closes above $34 at expiration, we would be assigned and earn $1.20 per share on $32.80 per share at risk. Over 24 days, that would be a return of 55.6% on an annualized basis.
Are IPhone Component Stocks A Buy As Apple Plans Big New Unveils This Year?![img](/img/external-link.svg)
Cirrus Logic CRUS, a company that supplies Apple with audio processors, has been the strongest performer with its stock rising by about 43% year-to-date. Other semiconductor-focused vendors also fared well. For instance, Qualcomm QCOM stock has gained about 11%. On the other side, Corning, the company which supplies Apple. with glass for its touchscreens, have been the weakest performer with. its stock up by just about 1%.
Should You Buy Corning Stock Over Its Sector Peer?![img](/img/external-link.svg)
Corning stock (NYSE: GLW) is currently a better pick over its sector peer Cisco stock (NASDAQ NDAQ : CSCO), given its better prospects and a relatively lower valuation. This valuation gap can be attributed to Cisco’s superior profitability and lower financial risk, as discussed below. We compare a slew of factors, such as historical revenue growth, returns, and valuation, in an interactive dashboard analysis of Corning vs. Cisco.
Elmira boys basketball wins Class AA crown![img](/img/external-link.svg)
Elmira beats defending champion Corning 70-63. It was the first Section IV Class AA crown for Elmira since the 2018-19 season. Corning’s Alyssa Dobson scored her 1,000th career point for the Hawks.
Samsung Announces the Galaxy Book3 Ultra for Those With Deep Pockets![img](/img/external-link.svg)
Samsung Galaxy A54 is just a few days away from being launched on the global market. It will be protected by Corning's new Gorilla Glass Victus 2 with extra drop resistance.
Corning boys defeat Horseheads, teams tied atop STAC West![img](/img/external-link.svg)
The Corning boys basketball team built a 37-19 lead at halftime and defeated Horseheads 87-55. Logan Booker scored a game-high 20 points for Corning. The Hawks and the Blue Raiders are now tied atop the STAC West standings at 6-4.
Samsung Galaxy Unpacked Live Updates: Galaxy S23 Series, Galaxy Book3 Pro Laptops Unveiled![img](/img/external-link.svg)
Galaxy Book3 Pro and Ultra models have a 3K display, powered by Intel processor. Corning had confirmed earlier this week that Samsung’s next flagships will be using the new Gorilla Glass Victus 2.
The Samsung Galaxy S23 will be the first to use the toughest Gorilla Glass Victus yet![img](/img/external-link.svg)
Corning has confirmed that the Gorilla Glass Victus 2 will be used for the first time in Samsung's next-generation flagship phone series. Corning claims that its latest screen protection has better drop performance than the previous iteration. Samsung plans to officially unveil the Galaxy S23 series on February 1 at the first Galaxy Unpacked event.
Gorilla Glass Victus 2 Vs Victus: How Rugged Is This Toughened Glass?![img](/img/external-link.svg)
Victus 2 glass will feature in the Samsung Galaxy S23 line of phones. The Galaxy S22 family used Victus+. Corning has not published much data on “Victus+” But we do know the concrete differences between Victus and Victus 2.
Another major Samsung Galaxy S23 spec confirmed![img](/img/external-link.svg)
Corning’s new Gorilla Glass Victus 2 technology will be debuted within the Samsung Galaxy 23 series, which is set to be announced on February 1. The current Galaxy S22 series currently packs the Victus+ tech.