In the long-term, GLW has a compelling story and plenty of room on the chart.
In the same quarter last year, GLW posted a profit of 52 cents per share.
FORBES: High Earnings Expectations: Broadcom, Corning, and RF Micro Devices
Sony is launching 27 new Bravia TVs this year, some using Corning (GLW) Gorilla Glass for strength and durability.
Corning (GLW) shares are trading lower this morning after Citigroup analyst Jim Suva cut his rating on the stock to Hold from Buy.
During the prior four reporting periods, GLW has topped the consensus twice and missed expectations twice, resulting in an average upside surprise of only about 7.3%.
FORBES: High Earnings Expectations: Broadcom, Corning, and RF Micro Devices
Finally, heavy hitter Corning Inc. (GLW) will step up to the plate tomorrow morning, with the brokerage community looking for earnings of 44 cents per share.
FORBES: High Earnings Expectations: Broadcom, Corning, and RF Micro Devices
Corning (GLW) announced on Wednesday that its profit dropped 53 percent in the fourth quarter but revenue rose 7 percent on stronger sales of glass for flat-screens.
Tech companies Seagate ( STX), Dell ( DELL), Corning ( GLW) and Intel ( INTC) are each on the wrong side of some major swing in technology spending.
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Dragging the tech ETF lower was aggressive selling in Corning (GLW), which took the stock down by more than 10% as part of a multi-day correction.
For the short term Yoon believes that GLW has positioned itself well to survive what it predicts will be a slower second half of the year than originally expect.
FORBES: This Gorilla Glass Stock Is Riding The Smartphone Boom
Corning (nyse: GLW - news - people), the fiber-optic firm, announced layoffs in its photonic devices unit, which makes devices that send light impulses over fiber-optic cables.
Alas, Corning (nyse: GLW - news - people ) , based in the sleepy upstate New York town it is named after, has a business history as fragile as glass.
Corning (nyse: GLW - news - people ) makes its money these days much the same way it has made money for more than 150 years--by making glass do incredible things.
Among the largest underlying components of IYW, in trading today Texas Instruments Incorporated ( NYSE: TXN) is off about 1.2%, Dell Corporation ( NASD: DELL) is down about 1.8%, and Corning Incorporated ( NYSE: GLW) is lower by about 1.8%.
FORBES: Tech Stocks Continue To Slide Due To Global Economic Concerns
Among the largest underlying components of IYW, in trading today Texas Instruments Incorporated ( NYSE: TXN) is up about 1.7%, Dell Corporation ( NASD: DELL) is down about 0.9%, and Corning Incorporated ( NYSE: GLW) is lower by about 2.3%.
FORBES: Tech Fund Sees Significant Outflows -- DELL, TXN, GLW Impacted
From glass suppliers like Corning (GLW) to touch capacitive solutions from Synaptics (SYNA) and Silicon Labs (SLAB) and RF solution and baseband companies, like Skyworks Solutions (SWKS), RF Micro Devices (RFMD), TriQuint Semiconductor (TQNT), Qualcomm (QCOM) and Broadcom (BRCM) among others.
After almost a decade of fast growth, the leadership of Cisco Systems (NASDAQ: CSCO), Ciena Corp ( CIEN), JDS Uniphase ( JDSU), Corning ( GLW) and Ariba Inc. ( ARBA), and Lucent-Alcatel (NYSE: ALU) became complacent and arrogant with success, setting the stage for the eventual slow-down and downfall to irrelevance.
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