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Corning: Company's 2015 Outlook Emphasizes Market And New Product Opportunities

Our appreciation for Corning (GLW) has been highlighted in our previous articles recommending the company's shares. We see the company as one that never becomes complacent with their market leadership in their various product categories. Rather, GLW is a company that sees markets that no one else sees and uses their intensive research and development capabilities to enter those new and unforeseen markets. In the company's most recent earnings announcement, their display technologies division recognized increased revenue and earnings driven by their acquisition of the portion of the precision materials business from Samsung that they did not own and sustained retail demand for larger LCD television sizes, while glass pricing declined less, continuing a trend of moderating declines. Revenue and earnings for the company's optical communications division increased due to strength in North American Fiber-to-the-Home sales. Revenue and earnings for the company's environmental technologies division increased due to strong global… Read More …