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Better than expected second-quarter earnings and improved guidance had Corning (NYSE: GLW) trading 11% higher yesterday. The firm reported sales of $971 million, up from $752 million a year earlier.
Demand for glass helped Corning make a profit in its second quarter but it warned it was running out of glass and would have to build another glass factory.The firm made net profits of $108 million on turnover of $971 million.
Quest Software has launched the latest version of its GLASSquote Windows point-of-sale software, including a new Quest Information Exchange (QIX) interface that streamlines business operations by using GLAXIS technology for direct electronic…
Jim Legg and Stan Starkey have opened Autoglass Plus LLC has opened at 229 S. St. Francis. Both began their careers at Safelite Co. in the mid-1970s and worked for The Windshield Shop from 1979 to 2003.
Insurers should put pressure on car manufacturers to raise their security standards according to the July Which? Report.
Corning Incorporated will meet with investors over the next two weeks to discuss the company's three growth opportunities and its progress on improved profitability in 2004.
The $3 billion Switzerland-based automotive adhesive major Sika AG’s Indian subsidiary Sika India is in talks with Tata Motors, Ashok Leyland, Bajaj Tempo and Mahindra & Mahindra for original equipment manufacturing (OEM) contracts.
PPG Industries reported fourth quarter net income of $122 million, or 71 cents a share, including an aftertax charge of $8 million, or 5 cents a share, to reflect the net increase in the current value of the company's obligation under the…
Roberto Caliari has been appointed Senior Vice-President in charge of the Ceramics & Plastics, Abrasives and Reinforcements Branches.
Tomorrow's automotive designers see hybrid and alternative fuel vehicles as not only environmentally friendly but also friendly to innovative glass applications, giving them the freedom to create vehicles with gondola-like glass tops,…
Saint-Gobain Group consolidated net income for the first half of 2003 amounted to EUR 470 million, a decrease of 5.6% on the same period of 2002.
Sterling Commerce today announced an agreement with Saint-Gobain Containers, Inc. to deploy a trio of Sterling Commerce value-added services to upgrade critical business transactions and remove manual processes between the glass container supplier…
Earthquakes, which have proved to be the most destructive of natural hazards, destroy fragile buildings and civil infrastructures.
Asahi Glass Philippines, the local unit of Japanese glass maker Asahi Glass Co. Ltd. (J.AHG or 5201) said Thursday it will phase out its Philippines automotive glass operations this year, but may recall that decision if domestic car sales improve.
Francesco Davalli, CSM Tecnologies Sales Manager, in cooperation with YKC closed an important contract with Saint Gobain group to supply a full automated line for thier glass processing plant HPG in Korea.
Samsung Corning has raised its stake in electronic component maker Shenzhen SEG Samsung Glass Co. (Q.SSK) to 35%, equal with the founding partner, according to a statement Monday.
French glassmaker Saint-Gobain SGOB.PA has no plans to follow the example of Swiss firm ABB by making a major payment to settle U.S. asbestos claims, a senior executive said on Thursday.
French business confidence slid in January amid resurgent uncertainty about the prospect of war in Iraq, snapping what had looked like a budding recovery in the last two months of 2002, a report published on Thursday showed.
Worldwide auto glass replacement (AGR) behemoth Belron is moving to re-enter the United States AGR business.
Northstar Automotive Glass of Kansas City, Mo., appointed five new wholesale distributor locations: Auto Glass Distributors in St.
In a bid to avoid possible anti-dumping charges by the U.S. and other countries, a major Chinese autoglass maker has set up a factory in Hong Kong, bucking the decades-long drift of manufacturers from the territory to the mainland.
Saint-Gobain announced the syndication of its EUR1.0 billion 5-year syndicated loan facility was closed successfully. The transaction was well oversubscribed allowing Saint-Gobain to increase the size of the facility to EUR1.2 billion.
A new, more flexible solar-control windscreen product attracted visitors to the Pilkington stand at the recent FIAA bus and coach exhibition in Madrid.
RSA Security Inc. (Nasdaq: RSAS), the most trusted name in e-security(R), today announced that Saint-Gobain Corporation has chosen its RSA SecurID(R) two-factor authentication solution to help provide more than 3,000 U.
Attorney General Mike Hatch took Glass Service Co. to court Tuesday, accusing the company of violating state law by giving $100 rebates to auto glass customers.