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O-I Glass, Inc. (OI) Presents at Bank of America 2026 Global Agriculture and Materials Conference Transcript
Seeking Alpha· 2026-02-25 18:37
PresentationHappy to have one of the very first companies we ever had at one of our conferences. We won't say how long ago, O-I Glass and its Chief Financial Officer, John Haudrich, an old friend of ours, having joined the company in 2009 and having become Chief Financial Officer in 2019. Also in the audience is our friend and Head of Investor Relations, Chris Manuel. Chris, thanks for being here. Thank you for being here. Great that you're here. And I want to thank you for making the track again with all o ...
7 S&P 500 Stocks Gain The Most After Trump Tariffs Are Slapped Down
Investors· 2026-02-23 13:00
S&P 500: 7 Stocks Gain The Most After Trump Tariffs Get Slapped Down | Investor's Business DailyBREAKING: [Dow Reclaims Key Level Ahead Of Trump Speech]---Who benefits from the [Supreme Court slapping down] President Donald Trump's protectionist tariffs? Investors quickly looked for the winners.Shares of seven S&P 500 stocks — including Comfort Systems USA ([FIX]), Corning ([GLW]) and Sandisk ([SNDK]) — jumped 4% or more on Feb. 20, the day the Trump tariffs were ruled illegal, says an Investor's Business D ...
Corning (GLW) Hits All-Time High as Analyst Hikes PT by 28%
Yahoo Finance· 2026-02-21 16:13
Core Insights - Corning Inc. (NYSE:GLW) reached an all-time high stock price of $140.27, closing at $139.51, reflecting a 7.32% increase due to a significant price target upgrade by an analyst [1] - UBS raised its price target for Corning to $160 from $125, maintaining a "buy" recommendation, following a strong earnings report where net income tripled to $1.596 billion and net sales grew by 19% to $15.6 billion year-on-year [2] - In Q4, Corning's net income rose by 26% to $540 million, with net sales increasing by 3% to $4.2 billion, and the company revised its net sales growth outlook to $11 billion in incremental annualized sales over the next two years [3] Financial Performance - Corning's net income for the previous year was $1.596 billion, up from $506 million in 2024, while net sales increased from $13.1 billion to $15.6 billion [2] - In the fourth quarter, net income increased to $540 million from $310 million, and net sales rose to $4.2 billion from $3.5 billion [3] - The company anticipates $6.5 billion in incremental annualized sales for this year, an increase from the previous outlook of $6 billion [3] Strategic Initiatives - The financial targets are part of Corning's "Springboard plan," a multi-year initiative aimed at driving growth from 2023 to 2028 [4]
AI Is Making This Glass Maker One of the Year's Hottest Stocks
Investopedia· 2026-02-20 21:10
-- AI Is Making This Glass Maker One of the Year's Hottest Stocks [Stocks End Week Higher After Tariff Ruling, Economic Data][Supreme Court Strikes Down Most Of Trump's Tariffs][Economy Grew Far Less Than Expected in Q4][Inflation Was Hot to End 2025]- Top StoriesCorning makes fiber optic cables for use in the data centers powering the AI boom.Travis Dove / The Washington Post / Getty ImagesClose### Key Takeaways- The stock achieved its first record high since 2000 earlier this year.- Corning shares have so ...
春节生产不停工
Xin Lang Cai Jing· 2026-02-19 21:59
(来源:内蒙古日报) 转自:内蒙古日报 2月19日,福耀集团通辽有限公司现代化生产车间内,自动生产线正在生产汽车级玻璃。春节期间,该 公司两条先进浮法工艺的汽车级玻璃生产线全速运转,冲刺新春开门红。近年来,通辽市推动硅砂新材 料产业向高端化、智能化、绿色化方向迈进,截至目前,已有硅基新材料企业49家,实现工业总产值25 亿元。本报记者 孟和朝鲁 摄 ...
Corning’s Surprise AI Boom: Is It Already Too Late to Buy?
Yahoo Finance· 2026-02-18 19:25
Corning logo over glowing fiber-optic strands, highlighting its AI data-center connectivity business. Key Points Shares of Corning, a glassmaker nearly two centuries old, have spiked by 152% in the last year as the company's products have found new demand in the AI space. With a major Meta partnership and notable earnings wins, Corning appears on track to enter a new phase as an AI partner. Still, rising short interest, insider sales, and concerns about valuation may give investors pause. Interested i ...
Is Wall Street Bullish or Bearish on Corning Stock?
Yahoo Finance· 2026-02-03 07:51
With a market cap of $88.5 billion, Corning Incorporated (GLW) is a global materials science company that operates across optical communications, display technologies, environmental technologies, specialty materials, and life sciences. It serves industries ranging from telecommunications and consumer electronics to automotive emissions control and laboratory sciences worldwide. Shares of the Corning, New York-based company have significantly surpassed the broader market over the past 52 weeks. GLW stock ...
彩虹集团盖板玻璃生产线提质改造项目池炉点火
WitsView睿智显示· 2026-02-02 05:45
1月25日,彩虹集团(邵阳)特种玻璃有限公司 ( 简称邵阳玻璃 ) CS02生产线提质改造项目池 炉点火仪式在湖南邵阳举行。 作为彩虹集团电子玻璃产业布局的核心环节,邵阳玻璃CS02生产线提质改造项目 进度 较原计划 提前半个月完成建设任务。项目达产后,预计将形成年产200余万平方米盖板玻璃的生产规模。 资料显示, 彩虹集团(邵阳)特种玻璃有限公司是专业从事盖板玻璃及其相关产品的研发、生产 和销售的技术型公司,公司成立于2017年6月23日,注册资本4.69亿元。公司拥有邵阳和咸阳两 个生产基地,咸阳基地于2016年建成并投产一条年产140万平米G6代盖板玻璃生产线,邵阳基地 计划投资20亿元,建成4条G7.5代盖板玻璃生产线,首条线于2018年10月17日点火,达产后将 新增盖板玻璃年产能216万平方米。 彩虹集团 表示, 当前,车载显示、AI智能穿戴等新兴应用市场加速崛起,市场对高端特种玻璃的 需求持续攀升。此次池炉成功点火,既是 公司 项目建设的关键节点,更是抢抓市场发展机遇、深 耕电子玻璃产业的重要战略举措。 ( 来源:彩虹集团、集邦Display整理 ) 【集邦Display显示产业交流群】 图片来 ...
Jim Cramer Discusses Major Potential Catalyst For Corning (GLW)
Yahoo Finance· 2026-01-31 12:21
Core Insights - Corning Incorporated (NYSE:GLW) has seen its shares increase by 104% over the past year and by 12% year-to-date, driven by its earnings report and a significant deal with Meta Platforms [1] - Analysts have raised their price targets for Corning, with Wolfe Research increasing it to $130 from $100 and Oppenheimer raising it to $120 from $100, both maintaining an Outperform rating [1] - The deal with Meta is expected to potentially double Corning's revenue, with speculation of a future deal with Microsoft [1] - Jim Cramer has highlighted Corning's potential to replace copper in chips with glass, which could enhance performance [2] Analyst Ratings - Wolfe Research has a new price target of $130 for Corning, citing the positive impact of the Meta deal [1] - Oppenheimer has set a price target of $120, emphasizing the scalability of Corning's optical business [1] Market Performance - Corning's stock has shown significant growth, with a 104% increase over the last year and a 12% increase year-to-date [1]
Corning Stock Falls After Earnings. It Can’t Extend the Meta Momentum.
Barrons· 2026-01-28 19:47
Corning Stock Falls After Earnings. It Can't Extend the Meta Momentum. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Corning Stock Falls After Earnings. It Can't Extend the Meta Momentum.By [Nate Wolf]ShareResize---ReprintsIn this article ...