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Last $22.52 USD
Change Today -0.27 / -1.18%
Volume 7.3M
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

corning inc (GLW) Snapshot

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52 Week High
01/28/15 - $25.16
52 Week Low
10/15/14 - $17.03
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Current Stock Chart for CORNING INC (GLW)

corning inc (GLW) Details

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for active matrix liquid crystal displays (LCDs) that are used primarily in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. It also provides subscriber demarcation, connection, and protection devices; plant enclosures; and RF interconnects for the cable television industry. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment develops, manufactures, and supplies scientific laboratory products, such as general labware and equipment, as well as specialty surfaces, media, and reagents for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. It also develops and produces various technologies, including the Corning HYPER platform of vessels for cell yields; Corning Microcarriers for cell scale-up, therapy, and vaccine applications; Corning CellBIND Surface, Matrigel, BioCoat, and Synthemax II surfaces; and Corning stemgro media. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is based in Corning, New York.

34,600 Employees
Last Reported Date: 02/13/15
Founded in 1851

corning inc (GLW) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $1.3M
Vice Chairman, Chief Financial Officer, Membe...
Total Annual Compensation: $2.4M
President of Corning Glass Technologies
Total Annual Compensation: $641.7K
Senior Vice President and General Counsel
Total Annual Compensation: $1.0M
Chief Administrative Officer and Executive Vi...
Total Annual Compensation: $668.2K
Compensation as of Fiscal Year 2014.

corning inc (GLW) Key Developments

Corning Incorporated Announces Collaborative Agreement with OLEDWorks to Develop Oled Lighting Solutions

Corning Incorporated announced a collaborative agreement with OLEDWorks to develop unique, flexible, and conformable OLED lighting solutions using Corning Willow Glass as an integrated substrate. These lighting panels will be used in architectural lighting and luminaries and are expected to provide two times the light output of traditional OLED lighting panels, enabling increased efficiency and lower power consumption. A key component in these new lighting solutions is Willow Glass, an excellent, thin, and flexible hermetic barrier and substrate. Willow Glass helps protect sensitive internal components from damaging moisture and oxygen while also acting as a structural material. This makes it an excellent choice for encapsulating the organic light emitting materials. OLEDWorks' novel manufacturing platform delivers affordable OLED solid-state lighting panels. Willow Glass enables system versatility and rapid reaction to market demands. Architects and lighting designers should be able to use conformable OLED lighting solutions in the near future.

Gionee Communication Chooses Corning(R) Gorilla(R) Glass 3 with NDR(TM) for Both the Front and Back Glass Panels

Corning Incorporated announced that Gionee Communication Equipment Co. Ltd. has chosen Corning(R) Gorilla(R) Glass 3 with NDR(TM) for both the front and back glass panels of its newly announced Ultra Smartphone Elife S7. When Gionee, the current Guinness World Record(R) holder for the thinnest smartphone, needed a tough cover glass that was slim and would not add bulk to its new 5.5 mm thin device, the company turned to Corning to meet its need by using Gorilla Glass 3. Additionally, the optical clarity of Gorilla Glass helps showcase the smartphone's vivid 5.2-inch screen.

Corning Inc. Presents at Susquehanna's 4th Annual Semi, Storage & Technology Summit, Feb-24-2015 01:50 PM

Corning Inc. Presents at Susquehanna's 4th Annual Semi, Storage & Technology Summit, Feb-24-2015 01:50 PM. Venue: The Le Parker Meridien Hotel, 119 West 56th Street, New York City, NY 10019, United States. Speakers: Ann H. S. Nicholson, Director of Investor Relations, Stephen Fowler, Manager Investor Relations.


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Valuation GLW Industry Range
Price/Earnings 13.5x
Price/Sales 3.0x
Price/Book 1.5x
Price/Cash Flow 11.4x
TEV/Sales 1.7x

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