AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Corning Puzzled By Stock Market Reaction.(A)(TEKQA)
Byline: Mike Angell
Investor's Business Daily
You might think investors would rejoice at earnings and revenue gains topping 50%. Well, not if the company is talking about things slowing in the next quarter, especially if that company is one that has been booming, such as Corning Inc.
The specialty-glass maker, whose products include fiber-optic components for fast networks, recently reported those big fourth-quarter gains and that outlook for parts of its business
. Its shares fell 20% the next day, and haven't recovered.
Corning uttered the one word analysts never want to hear: "softness." They especially don't want to hear that word applied to Corning's fastest-growing business, optical telecommunications products.
The company said one segment of its optical business, photonics, may be flat inthe first quarter compared with the fourth quarter, not vs. the year-earlier period. Photonics accounts for about 15% of Corning's revenue. It includes the optical amplifiers that boost laser signals down glass cables.
- Interfax Poland Business Daily.
- Newspaper article from: Poland Business Report Daily December 7, 2005 700+ words
...beginning of 2006 budget debates today. The Law and Justice (PiS) minority government is seeking support for the new budget from loose coalition partners Samoobrona and the League of Polish Families (LPR). Government revenues should come to PLN 194 bln, Lubinska...
- Interfax Hungary Business Daily.
- Newspaper article from: Hungary Business Report Daily December 7, 2005 700+ words
...small retailers who are thinking about absorbing the 5% into their profit margins not to do so * Those companies that do will loose markets in the long run," said Parragh. HEADLINE NEWS Hungary will not accept British EU budget proposal in present form...
- Interfax Czech Republic Business Daily.
- Newspaper article from: Czech Republic Business Report Daily June 5, 2006 700+ words
...Although the ODS got the most support, the 200-seat lower house of Czech Parliament now faces a split between the left and a loose right-wing coalition that includes the Greens party. The two left-wing parties, the CSSD and the Communists (KSCM...
- Not dead yet: despite the gloomy news about newspapers, many smaller dailies...
- Magazine article from: American Journalism Review Morton, John June 1, 2009 700+ words
...percent of the total--that for the most part remain solidly profitable and are in no danger of collapse, despite a lot of loose talk about newspapers being on the verge of extinction. [ILLUSTRATION OMITTED] These are the newspapers with circulations...
- CHINA LIKELY TO MAINTAIN LOOSE MONETARY POLICY NEXT YEAR
- News wire article from: AsiaInfo Services November 24, 2009 700+ words
...2009 China Likely to Maintain Loose Monetary Policy Next YearBEIJING...while adopting the moderately loose monetary policy next year...sticking to the moderately loose monetary policy in a bid to...Central Banking SinoCast China Business Daily news SinoCast China Financial...
- CHINA TO CONTINUE LOOSE MONETARY POLICY IN 09
- News wire article from: AsiaInfo Services July 22, 2009 700+ words
...22-2009 China to Continue Loose Monetary Policy in 09 BEIJING...that it would continue the loose monetary policy in 2009, for...liquidity withdrawal amid the loose monetary policy. Source...Central Banking SinoCast China Business Daily news monetary policy interest...
- CHINA TO CONTINUE MODERATELY LOOSE MONETARY POLICY
- News wire article from: AsiaInfo Services August 6, 2009 700+ words
...China to Continue Moderately Loose Monetary Policy BEIJING...continue executing moderately loose monetary policy for the sake...Central Banking SinoCast China Business Daily news central bank continue moderately loose monetary policy exchange rate...
- CHINA TO MAINTAIN MODERATELY LOOSE MONETARY POLICY
- News wire article from: AsiaInfo Services August 6, 2009 700+ words
...China to Maintain Moderately Loose Monetary Policy BEIJING, Aug...while adopting the moderately loose monetary policy, in an effort...would maintain the moderately loose monetary policy in the following...Central Banking SinoCast China Business Daily news SinoCast China Financial...