Investing

Is The Corning (GLW) News A 'Green Shoot'?

Is today’s Corning (NYSE: GLW) news one of the “green shoots” Fed Chairman Ben Bernanke was talking about?

Corning said it now believes total glass volume for the first quarter could be flat to down 5% sequentially, versus its original guidance of down 20% to 25%. Corning now believes it will have positive net income, excluding special items, in the first quarter.

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