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Tag Archives: Corning

‘Gorilla Glass’ lawsuit moves forward

A federal lawsuit filed by Corning Inc. will move forward against a company accused of misusing proprietary glass-finishing technology developed by Corning. In a decision released Thursday, U.S. District Court Judge David G. Larimer denied a motion to dismiss that ...

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Lower joint venture income hit Corning in 3Q

CORNING — Glass maker Corning said Wednesday that its net income fell 23 percent in the third quarter on lower earnings from its joint venture with Samsung, which Corning is buying out. The company gave a disappointing forecast for the ...

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Corning may make job cuts as part of cost cuts

NEW YORK — Corning said Wednesday that it will likely cut costs, which may include “modest” job cuts, to support profit in a weakening economy. It’s the latest manufacturer to warn that the slowing global growth is hurting its business. ...

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Corning’s 3Q profit rises 3 percent

Specialty glass maker Corning Inc. said Wednesday its profit rose 3 percent in the third quarter, lifted by surging sales of glass for flat-panel televisions and optical fiber. The results handily beat Wall Street expectations. Its shares rose almost 5 percent in premarket trading.

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Corning profit rises in 3Q, misses view

ROCHESTER — Corning Inc. said Monday its profit jumped 22 percent in the third quarter but it missed Wall Street expectations on lower sales of glass for flat-panel televisions. Its shares moved higher in morning trading despite concerns ...

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Corning earnings soar in 1Q

CORNING, N.Y. — Corning Inc. said Wednesday its profit soared to $816 million in the first quarter on surging sales of LCD glass for flat-panel televisions and computers and highly durable cover glass for ...

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