corning

The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

Sterne Agee reiterated its Buy rating on Corning Incorporated (NYSE: GLW). At the same time, the rating agency left its price target on the company's stock unchanged at $26. On Tuesday, Corning lost 1.24% of its value to finish the day at $18.31.

Late Monday evening, “forward looking 2H June panel pricing was released showing flat pricing vs. 1H June,” Citi wrote in a report regarding Corning Inc. (NYSE: GLW). “We believe the path of panel pricing over the last 4-6 weeks is at least a modest disappointment given expectations of higher...

Sterne Agee is out with its report today on Corning (NYSE: GLW), reiterating Buy. In a note to clients, Sterne Agee writes, "We are reiterating our Buy rating on GLW and Price Target of $26, as longer-term FCF improvements and new Market opportunities position GLW more attractively especially for...

Sterne Agee is out with its report today on Corning (NYSE: GLW), maintaining Buy. In a note to clients, Sterne Agee writes, "Our C11E and C12E are at $7.65B/$1.76 and $7.98B/$1.99. We are below the street for C11E and C12E, and using a tax rate of 15% for C11/C12E, inline with GLW's guidance on...

Citi is maintaining its Hold rating and $25.50 PT on shares of Corning Inc. (NYSE: GLW). “Recall we downgraded Corning on February 7th following the company's investor day, which we viewed as the last immediate near-term catalyst following better-than-expected earnings/outlook, positive investor...

In a report focusing on Corning Inc. (NYSE: GLW), Citi said that forward looking panel pricing released Friday, March 18 “was mixed with LCD monitors flat to +$1 (+58bps on avg), notebooks flat, and LCD TV panels flat to -$3 (-41bps).” “Current pricing modestly encouraging, particularly flat to...

JP Morgan has raised the price target on Corning, Inc. (NYSE: GLW) from $20.50 to $22 and maintains its Neutral rating.

In light of Corning Inc.'s (NYSE: GLW) updated guidance, Sterne Agee is revising its estimates slightly “4Q10 estimates revised to $1.67B revenues and $0.47 EPS from $1.58B revenues and $0.47 EPS,” Sterne Agee writes. “Due to the change in anticipated 2011 tax rate, a slight disappointment, our...

Brigantine has initiated coverage on the following companies: Synaptics (NASDAQ: SYNA) Hold Applied Materials (NASDAQ: AMAT) Hold Brooks Automation (NASDAQ: BRKS) Buy, $12 PT Immersion Corp. (NASDAQ: IMMR) Hold Orbotech (NASDAQ: ORBK) Hold Universal Display (NASDAQ: PANL) Hold Corning (NYSE: GLW)...