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Corning Incorporated (GLW) Stake Decreased by Menlo Advisors
2015-12-08 21:52:17| Industrial Machines - Topix.net
Menlo Advisors reduced its stake in Corning Incorporated by 1.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 163,175 shares of the glassware maker's stock after selling 3,145 shares during the period.
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Corning Incorporated (GLW) Receives "A-" Credit Rating from Morningstar
2015-12-07 09:12:03| Industrial Machines - Topix.net
Corning Incorporated has earned an "A-" credit rating from analysts at Morningstar . The investment research firm's "A-" rating indicates that the company is a low default risk.
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Did Corning Just Hint That A Divestiture Or Spin-Off Will Take Place In 2016?
2015-12-07 04:59:50| Industrial Machines - Topix.net
Although adverse currency effects and Chinese economy issues continue to depress the company's near term results, a transformational action is likely to occur in 2016. The company's $20 billion capital allocation plan is likely to serve as the minimum level of shareholder distributions given a recent statement by a company insider.
Did Corning Just Hint That A Divestiture Or Spin-Off Will Take Place In 2016?
2015-12-06 14:05:31| Chemicals - Topix.net
Although adverse currency effects and Chinese economy issues continue to depress the company's near term results, a transformational action is likely to occur in 2016. The company's $20 billion capital allocation plan is likely to serve as the minimum level of shareholder distributions given a recent statement by a company insider.
Why Corning Is On Its Way To A $25 Share Price
2015-11-30 00:01:48| Industrial Machines - Topix.net
There's no reason for Corning's share price to be this low, as the dispute with a large customer has been settled and volumes will increase again. By 2019-2020, I'm expecting an adjusted free cash flow yield in excess of 9% and a 4% dividend yield.
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