Corning Inc (GLW) Key Developments | Reuters.com
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Corning Inc (GLW)

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Latest Key Developments (Source: Significant Developments)

Biological Industries announces agreement with Mediatech
Wednesday, 22 Jun 2016 05:32pm EDT 

Corning Inc : Announces new agreement with Mediatech Inc a Corning subsidiary . Under general terms, corning will commercialize a joint-labeled Nutristem Hpsc Xf medium .Nutristem hpsc xf medium will continue to be manufactured by biological industries.  Full Article

Corning Inc says expect continuing moderate sequential LCD glass-price declines
Wednesday, 1 Jun 2016 07:35am EDT 

Corning Inc : Increasing cash we expect to distribute to shareholders to more than $12.5 billion .See continuing moderate sequential lcd glass-price declines, ongoing benefit from new hedges added to reduce exposure to weaker yen.  Full Article

Corning announces extension of tender offer for shares of AFOP
Friday, 13 May 2016 04:15pm EDT 

Corning Inc : Corning announces extension of tender offer for shares of AFOP .Tender offer has been extended until 5:00 p.m., New York City time on June 3, 2016.  Full Article

Corning Inc declares quarterly dividend
Thursday, 28 Apr 2016 09:55am EDT 

Corning Inc:Declared a 13.5 cents per share quarterly dividend on the company's common stock.Dividend will be payable on June 30, 2016 to holders of record on May 31.  Full Article

Corning Inc announces dividend increase of 12.5%
Wednesday, 3 Feb 2016 10:20am EST 

Corning Inc:Declared a quarterly dividend of $0.135 per share, a 12.5% increase in the company's quarterly common stock dividend.2016 first-quarter dividend is payable on March 31, 2016, to shareholders of record on Feb. 25, 2016.  Full Article

Corning Inc and Saint- Gobain says new joint venture to produce lightweight glazing for the automotive market
Tuesday, 19 Jan 2016 06:45am EST 

Corning Inc:Saint-gobain and Corning announce new joint venture to produce lightweight glazing for the automotive market.Says venture is expected to build manufacturing facilities to meet worldwide automotive market demand.Says agreement is subject to the approval of the relevant competition authorities.  Full Article

Corning Incorporated announces strategic realignment of interest in Dow Corning Corporation
Friday, 11 Dec 2015 06:41am EST 

Corning Inc:Newly formed entity will hold approximately 40% ownership in hemlock semiconductor group and approximately $4.8 billion in cash.Corning expects the realignment to be substantially tax-free.Upon completion of exchange, Dow Chemical Co will assume 100% ownership of Dow Corning.Upon completion, hemlock will be 40.25% owned by Corning through newly formed entity; 40.25% owned by Dow Corning Corporation.Upon completion of the strategic realignment, hemlock will also be 19.5% owned by shin-etsu handotai co. ltd.Says the strategic realignment is approved by the boards of Corning and Dow Chemical.  Full Article

Corning Inc announces $1.25 billion accelerated share repurchase
Thursday, 29 Oct 2015 07:50am EDT 

Corning Inc:Has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC to repurchase $1.25 billion of the company's common stock.Company expects to finance the ASR with cash on hand.Program is expected to be completed in the first quarter of 2016.  Full Article

Corning Inc declares quarterly dividend
Wednesday, 7 Oct 2015 09:53am EDT 

Corning Inc:Declares quarterly dividend on the company's common stock of $0.12 per share.Payable on Dec. 11, to holders of record on Nov. 13.  Full Article

Corning Inc james flaws to retire as Corning vice chairman and chief financial officer
Tuesday, 21 Jul 2015 04:25pm EDT 

Corning Inc:Says James flaws to retire as Corning vice chairman and chief financial officer.Says flaws will step down as CFO on August 31.Says flaws will remain vice chairman and a member of corning's board of directors until his retirement.Following retirement, flaws, and marcia weber plan to remain in Corning.  Full Article

BRIEF-Biological Industries announces agreement with Mediatech

* Announces new agreement with Mediatech Inc a Corning subsidiary