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Corning Glows Brighter
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Corning's (GLW Quote) outlook for the fourth quarter brightened on strong flat-panel glass sales.
The Corning, N.Y., tech glassmaker raised its adjusted earnings target to 39 cents a share, up 2 cents from prior guidance. Analysts were looking for pro forma earnings of 37 cents a share, according to Yahoo! Finance.
Sales for the quarter ending next month are now expected to be about $1.54 billion, which is more than the $1.52 billion Corning previously expected. Analysts were looking for sales of $1.55 billion. ...
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