Corning Fragile: Handle With Care

Corning (GLW Quote) developed a few cracks in its glass business last year, and some analysts see even bigger fractures ahead.

The firm, which makes glass and ceramic products, will release its fourth-quarter earnings before the bell Tuesday, and while Corning investors have already weathered two profit warnings, analysts await an even dimmer outlook.

Big-screen liquid crystal display TVs didn't all fly off the shelves as quickly as expected last quarter as the economy put a squeeze on consumer purchases. This slowdown in purchases created reductions in panel orders, which in turn slashed glass orders from suppliers like Corning. ...