Topeka Capital Upgrades Corning (GLW) to Buy as LCD Outlook Raised
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Corning (GLW) Boosts Outlook for Specialty Materials Unit on Gorilla Glass Strength
November 27, 2012 8:17 AM ESTCorning, Inc. (NYSE: GLW) Senior Vice President and Corporate Controller Tony Tripeny will update investors at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz., today (3p.m. MST) on the companys fourth-quarter performance expectations. Highlights of Tripenys presentation will include expectations for stronger-than-forecasted fourth-quarter LCD glass volume and full-year sales of Corning Gorilla Glass approaching $1 billion.
Tripeny will tell investors that stronger-than-expected retail demand for LCD televisions and other consumer electronics devices in North America and China are resulting in an improved view of the LCD glass supply chain. We... More
