Corning Inc. http://www.alacrastore.com/company-snapshot/Corning_Inc-1004316 Saturday, August 30, 2008 8:41:41 AM 1004316 Corning Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/PRN-0005-27765351newstex/PRN-0005-27765351xml MIDLAND, Mich., Aug. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Dow Corning Corp. has demonstrated a manufacturing process featuring new developmental silicone materials that significantly increases the production rate...0400000004002000060000000600100006001002040050000400500104016000040160138/29/2008 11:25:38 AM180000001802200018015000PR Newswire USPRN-0005-27765351CORNING INCDOW CHEMICAL COSOLAR POWER INC.DOWGLWSOPWNewsNewstexhttp://www.alacrastore.com/storecontent/fitch/397586_report_framefitch/397586_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Advanced Micro Devices, Inc.Affiliated Computer Services, Inc.Agilent Technologies, Inc.Anixter Inc.Arrow Electronics, Inc.Avnet, Inc.Broadridge Financial Solutions, Inc.CA, Inc.Celestica Inc.Computer Sciences CorporationConvergys CorporationCorning Inc.Dell Inc.Eastman Kodak CompanyFidelity National Information Services IncFirst Data CorporationFlextronics International, Ltd.Freescale Semiconductor, Inc.H & R Block Inc.Hewlett-Packard CompanyIngram Micro, Inc.International Business Machines CorpInternational Rectifier CorporationJabil Circuit, Inc.KLA-Tencor CorporationMoneygram International IncMotorola, Inc.Oracle CorporationSanmina-SCI CorporationSeagate Technology, Inc.Spansion IncSun Microsystems, Inc.SunGard Data Systems Inc.Tech Data CorporationTexas Instruments IncorporatedThe Western Union CompanyTyco Electronics Ltd.Unisys CorporationXerox Corporation8008918180089226800892798008933980090256800902978009093880091001800910568009107180091080800911188009118180091184800915488009214280362426805998178067277980680623806961798093263181217298814240548153229281654282817856698187413782157467826426758272869983549493836550678384466584522088851354738579987386870740871315768/20/2008 2:19:00 PM0100000001010000010300000103050001040000275Special ReportAACSAMDARWAVTBRCACLSCSCCVGDELLEKFISFLEXGLWHPQHRBIBMIMIRFJAVAJBLKLACMGIMOTORCLSANMSPSNSTXTECDTELTXNUISWUXRX397586_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/cs/73329cs/73329norm Telecom & Suppliers CY#Q## Review: A Sigh of Relief for Tech; Mixed for Telcos The quarter brings, for the most part, a sigh of relief to tech companies, as the macro environment and demand have not deteriorated much from the prior...733293708YesD0Article2146345016412061127120702082522411627262233132187762119986517953171964765489corphy22511918303G/Wireless Technology33Capital Structure42High Yield66Earnings Reports - TMT8/20/2008 10:09:29 AM150With CY Q2:08 earnings wrapping up, we comment on some of the key themes and issues which surfaced from the earnings reports, including economic effects and the relationships among various parts of the value chain.73329Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/72944cs/72944norm Corning #Q## Tearsheet We expect Corning's ratings to be stable. While the company will see near term deceleration of its LCD glass growth, we expect the company to continue to benefit from LCD in the next couple of years.However, management's...72944486YesC21Tearsheet489tearsheets/premium188/14/2008 1:06:16 PM15072944Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/42358cs/42358norm Telecom & Equipment CY Q#:## Preview II: Telecom Equipment and Component Trends In Part II of our CY Q#:## earnings preview, we comment on some of the industry and operating trends of global telecom equipment and component makers. ...3780YesD0Article50116263452141530133348951313279corphy1225717218593619303G/Wireless Technology66Earnings Reports - TMT33Capital Structure21Sector Outlooks42High Yield8/11/2008 6:06:26 PM150In Part II of our CY Q1:06 earnings preview, we comment on some of the industry and operating trends of global telecom equipment and component makers.4235842358Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/spcred/664115spcred/664115normThe latest Full Report from S&Pglobalstructured8/8/2008 2:28:00 PM400Full Report664115United StatesCommunications EquipmentEurope, Middle East, AfricaUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesCapital GoodsTelecommunications & CableHigh TechnologyFull ReportLeadership in liquid-crystal display substrate industry; Prudent financial policies; Solid position in optical fiber industry; Developing positions in pollution control market; and Strong technology base. Aggressive pricing environment; and Uncertain flat panel marketplace evolution. The ratings on Corning, N.Y.-based Corning Inc. reflect the company's leading market position and low cost structure in the growing liquid-crystal flat panel display (LCD) and optical fiber industries, its good position in the growing vehicle catalyst market, and its income from diversified affiliate Dow Corning Inc. Good liquidity, low leverage, and moderate financial policies provide additional support. These factors are offset by its substantial reliance on a limited number of display-sector customers for the majority of earnings, steadily declining prices for many products, continued technologyUSA21935G21935N21935H21935L21935045201020 452010 4520 45Corning Inc.113617EUROMIDAFRUSAGLWFULLUSA21932720105010 201050 2010 20Corning Glass Works100600USAGLOBISSSTRUCCORPABSCapitalTelecommunicationsHighCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/664116spcred/664116normThe latest Summary from S&Pglobalstructured8/8/2008 2:28:00 PM175Summary664116United StatesCommunications EquipmentEurope, Middle East, AfricaUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableCapital GoodsSummaryThe ratings on Corning, N.Y.-based Corning Inc. reflect the company's leading market position and low cost structure in the growing liquid-crystal flat panel display (LCD) and optical fiber industries, its good position in the growing vehicle catalyst market, and its income from diversified affiliate Dow Corning Inc. Good liquidity, low leverage, and moderate financial policies provide additional support. These factors are offset by its substantial reliance on a limited number of display-sector customers for the majority of earnings, steadily declining prices for many products, continued technology evolution, and substantial competitive pressures. Full-year 2007 revenues totaled $5.9 billion, up 13% year over year. Operating performance continued apace in the June 2008 quarter, with sales up 19% year over year. The displayUSA21935G21935N21935H21935L21935045201020 452010 4520 45Corning Inc.113617EUROMIDAFRUSAGLWSUMMARYGLOBISSSTRUCCORPABSHighTelecommunicationsCapitalCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/newstex/MCOM-0004-27166971newstex/MCOM-0004-27166971xml Aug. #, #### (M# Communications Ltd. delivered by Newstex) -- Corning Incorporated (NYSE:GLW), a specialty glass and ceramics company, announced on Monday (# August) that the company has signed an agreement to acquire Optimum Manufacturing...0400000004016000040160050200000002002000020020068/5/2008 5:17:02 AM1800000018016000M2 EquityBitesMCOM-0004-27166971CORNING INCGLWNewsNewstexhttp://www.alacrastore.com/storecontent/cs/72598cs/72598norm Telecom & Suppliers Monthly Summary: August #### We review key themes published in July. We examine the relative value of CDS in the telecom carrier and technology spaces. We summarize our views on companies within our coverage....725981907YesD0Article2146345016412241271223208252070116272631376531751795218489201619649862061corphy12251819303G/Wireless Technology66Earnings Reports - TMT33Capital Structure42High Yield82Telecom & Suppliers Monthly Summary49M&A Activity150We summarize our investment thesis for companies under our coverage. In addition, we summarize and highlight changes and key points in research published in the month of July.8/1/2008 2:05:52 AM72598Credit & Investment ResearchCreditSightsUS - In July ####, the board of Corning Inc, a manufacturer and wholesaler of optical fiber, cable, optical hardware and equipment and photonics components, authorized the repurchase of up to $# bil of the company's common stock outstanding in open market or privately negotiated transactions.7/31/2008 10:03:37 AM219350219350219350219350Corning IncCorning IncCorning IncCorning Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Corning_Inc_intends_a_stock_buyback-2000327020sdc/20003270202000327020Copyright © 2008, Thomson Financial, All Rights ReservedNew YorkMetal and Metal ProductsUnited StatesDrawing and insulating of nonferrous wire3357NYNew YorkPublicGLW3357:Drawing and insulating of nonferrous wire3577:Computer peripheral equipment, nec3661:Telephone&telegraph apparatus3663:Radio & TV broadcasting & communications equipment3669:Communications equipment, nec3671:Electron tubes3674:Semiconductors and related devices3679:Electronic components, nec5045:Computers and peripheral equipment and software5065:Electronic parts and equipment, nec3357:Drawing and insulating of nonferrous wire3577:Computer peripheral equipment, nec3661:Telephone&telegraph apparatus3663:Radio & TV broadcasting & communications equipment3669:Communications equipment, nec3671:Electron tubes3674:Semiconductors and related devices3679:Electronic components, nec5045:Computers and peripheral equipment and software5065:Electronic parts and equipment, necNew YorkMetal and Metal ProductsUnited StatesDrawing and insulating of nonferrous wire3357NYNew YorkPublicGLW1556002Mnfr optical fiber,cableMnfr optical fiber,cableCashCash OnlyCommon Stock1556002Jul 31 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.00000Corning Inc, located in NewYork, manufactures andwholesales optical fiber,cable, optical hardware andequipment and photonicscomponents used in theworldwide telecommunicationsindustry, environmentalproducts, scientific products,semiconductor materials,optical and lighting productsand glass ceramic cooktops,information display productssuch as glass panels andfunnels for televisions andcathode-ray tubes, projectionvideo lens assemblies, andliquid crystal display glassfor flat panel displays. Thecompany was founded in 1951.Corning Inc, located in New York, manufactures andwholesales optical fiber, cable, optical hardware andequipment and photonics components used in the worldwidetelecommunications industry, environmental products,scientific products, semiconductor materials, optical andlighting products and glass ceramic cooktops, informationdisplay products such as glass panels and funnels fortelevisions and cathode-ray tubes, projection video lensassemblies, and liquid crystal display glass for flat paneldisplays. The company was founded in 1951.Corning Inc, located in New York, manufactures and wholesales optical fiber, cable, optical hardware and equipment and photonics components used in the worldwide telecommunications industry, environmental products, scientific products, semiconductor materials, optical and lighting products and glass ceramic cooktops, information display products such as glass panels and funnels for televisions and cathode-ray tubes, projection video lens assemblies, and liquid crystal display glass for flat panel displays. The company was founded in 1951.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.00000Corning Inc, located in NewYork, manufactures andwholesales optical fiber,cable, optical hardware andequipment and photonicscomponents used in theworldwide telecommunicationsindustry, environmentalproducts, scientific products,semiconductor materials,optical and lighting productsand glass ceramic cooktops,information display productssuch as glass panels andfunnels for televisions andcathode-ray tubes, projectionvideo lens assemblies, andliquid crystal display glassfor flat panel displays. Thecompany was founded in 1951.Corning Inc, located in New York, manufactures andwholesales optical fiber, cable, optical hardware andequipment and photonics components used in the worldwidetelecommunications industry, environmental products,scientific products, semiconductor materials, optical andlighting products and glass ceramic cooktops, informationdisplay products such as glass panels and funnels fortelevisions and cathode-ray tubes, projection video lensassemblies, and liquid crystal display glass for flat paneldisplays. The company was founded in 1951.Corning Inc, located in New York, manufactures and wholesales optical fiber, cable, optical hardware and equipment and photonics components used in the worldwide telecommunications industry, environmental products, scientific products, semiconductor materials, optical and lighting products and glass ceramic cooktops, information display products such as glass panels and funnels for televisions and cathode-ray tubes, projection video lens assemblies, and liquid crystal display glass for flat panel displays. The company was founded in 1951.0.000000.000000.000001577.92000NU.S. Dollar30 Jul 08Wed, 30 Jul 2008 00:00:00 ESTDate Announced: 07/30/2008Date Effective:BuybackNot Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.000001000 U.S. Dollar1000.000000.000001000 U.S. Dollar1000.000000.000000.000000.000000.000001000.000001000 U.S. Dollar1.00000N504.796000.000000.000000.000000.000000.000001000.000001000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000US - In July 2008, the boardof Corning Inc, a manufacturerand wholesaler of opticalfiber, cable, optical hardwareand equipment and photonicscomponents, authorized therepurchase of up to $1 bil ofthe company's common stockoutstanding in open market orprivately negotiatedtransactions.US - In July 2008, the board of Corning Inc, a manufacturer and wholesaler of optical fiber, cable, optical hardware and equipment and photonics components, authorized the repurchase of up to $1 bil of the company's common stock outstanding in open market or privately negotiated transactions.US - In July 2008, the board of Corning Inc, a manufacturer and wholesaler of opticalfiber, cable, optical hardware and equipment and photonics components, authorized therepurchase of up to $1 bil of the company's common stock outstanding in open market orprivately negotiated transactions.US - In July 2008, the board of Corning Inc, a manufacturer and wholesaler of optical fiber, cable, optical hardware and equipment and photonics components, authorized the repurchase of up to $1 bilof the company's common stock outstanding in open market or privately negotiated transactions.US - In July 2008, the board of Corning Inc, a manufacturer and wholesaler of optical fiber, cable, optical hardware and equipment andphotonics components, authorized the repurchase of up to $1 bil of the company's common stock outstanding in open market or privatelynegotiated transactions.Intended0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Intended-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003357:Drawing and insulating of nonferrous wire3577:Computer peripheral equipment, nec3661:Telephone&telegraph apparatus3663:Radio & TV broadcasting & communications equipment3669:Communications equipment, nec3671:Electron tubes3674:Semiconductors and related devices3679:Electronic components, nec5045:Computers and peripheral equipment and software5065:Electronic parts and equipment, nec1556002New YorkUnited States3357New YorkPublicGLW3357:Drawing and insulating of nonferrous wire3577:Computer peripheral equipment, nec3661:Telephone&telegraph apparatus3663:Radio & TV broadcasting & communications equipment3669:Communications equipment, nec3671:Electron tubes3674:Semiconductors and related devices3679:Electronic components, nec5045:Computers and peripheral equipment and software5065:Electronic parts and equipment, nec1556002New YorkUnited States3357New YorkPublicGLW1000.000001000.000001000.00000504.79600Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-27065610newstex/PRN-0005-27065610xml MIDLAND, Mich., Jul. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Dow Corning Corp. today reported consolidated net income of $###.# million for the second quarter of ####, an increase of # percent from net income of $###.#...040000000400200004018000040160000401600304016018040160137/31/2008 9:27:49 AM18000000180040001800800018015000PR Newswire USPRN-0005-27065610CORNING INCDOW CHEMICAL CODOWGLWNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/MCOM-0004-27061393newstex/MCOM-0004-27061393xml Jul. ##, #### (M# Communications Ltd. delivered by Newstex) -- Corning Incorporated (NYSE:GLW), a provider of specialty glass and ceramics, on ## July announced results for the second quarter of ####.Sales for the quarter increased...040000000401600004016018040160037/31/2008 6:21:38 AM1800000018004000M2 EquityBitesMCOM-0004-27061393CORNING INCGLWNewsNewstexhttp://www.alacrastore.com/storecontent/moodys/CMT_0000448047moodys/CMT_0000448047htmlGlobal Credit Research Issuer Comment ## JUL #### Issuer Comment: Corning Incorporated Moody's Comments on Corning's Share Repurchase Program Moody's Investors Service commented that Corning Incorporated's ("Corning") announcement...7/31/2008 1:06:41 AMhtmlCorning IncorporatedCorning Incorporated211000150.0000NewsIssuer CommentCMT_0000448047Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/cs/72438cs/72438norm Corning #Q##: LCD Inventory Correction Corning reported its Q#:## results and provided guidance for the upcoming quarter. Overall, the results and guidance missed expectations.  Even excluding the impact from a one-time interruption...724381435YesD0Article489corp11833Capital Structure66Earnings Reports - TMT7/30/2008 9:05:33 PM150Overall, the Q2:08 results and future guidance reported by Corning missed expectations, we discuss some of the issues and themes relevant to the company's results.72438Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/fitch/427657_pr_framefitch/427657_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Corning Inc.800910717/30/2008 2:17:00 PM010300000103050085Press ReleaseGLW427657_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/ccbn/B1893965ccbn/B1893965norm...Management discussed #Q## results, reporting net income of $###m. EPS were $#.## on revenues of $#.##b, both excluding special items. Sales were #% below guidance and #% below Street expectations, while EPS was within guidance and in line with Street. Guidance was for #Q## EPS of $#.##-#.##, before special items, on sales of $#.##-#.##b.... 7/30/2008 1:06:00 PMCorning54.0000EditedCorning Q2 2008 Earnings Conference Call SummaryGLW8:30am ETBriefB1893965Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/spcred/662299spcred/662299normThe latest News from S&Pglobalstructured7/30/2008 12:55:00 PM100News662299United StatesCommunications EquipmentEurope, Middle East, AfricaUnited StatesGlobal IssuersStructured FinanceCorporationsAsset-Backed SecuritiesHigh TechnologyTelecommunications & CableCapital GoodsNewsOn July 30, 2008, Corning, N.Y.-based Corning Inc. (BBB+/Stable/A-2) announced that its board had approved an additional $1 billion share repurchase between now and the end of 2009, supplementing an earlier $500 million repurchase authorization which has largely been completed. Standard&Poor's Ratings Services said that the announcement would have no effect on its ratings or outlook for the company. Corning has maintained a moderate capital structure, with a net cash position relative to its funded debt and ample liquidity, none of which are expected to be materially affected by the new plan. Corning generated about $900 million in free cash flows in 2007.USA21935G21935H21935L21935021935N45201020 452010 4520 45Corning Inc.113617EUROMIDAFRUSAGLWNEWSGLOBISSSTRUCCORPABSHighTelecommunicationsCapitalCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/newstex/BW-0001-27034999newstex/BW-0001-27034999xml Jul. ##, #### (Business Wire) -- According to Fitch Ratings, Corning Incorporated's (Corning) ratings are unaffected by today's announcement that the company's board of directors has approved the repurchase of $# billion of common...0400000004018000040090000400900104016000040160097/30/2008 11:17:36 AM18000000180240001800900018011000Business WireBW-0001-27034999CORNING INCGLWNewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/T1893965ccbn/T1893965norm...Ladies and gentlemen, thank you for standing by. Welcome to the Corning second quarter results conference call. At this time all participants are in a listen-only mode. Later we will conduct a question and answer session. Instructions will be given at that time. (OPERATOR INSTRUCTIONS) As a reminder this conference is being recorded. I would now like to turn the conference over to our host, Ken Sofio, Vice President of Investor Relations. Please go ahead, sir. ... 7/30/2008 11:06:00 AMCorning54.0000FinalCorning Q2 2008 Earnings Conference Call TranscriptGLW8:30am ETTranscriptT1893965Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/newstex/MW-0001-26700459newstex/MW-0001-26700459xml LONDON, UNITED KINGDOM, Jul. ##, #### (Marketwire delivered by Newstex) -- LONDON, UNITED KINGDOM -- (MARKET WIRE) -- ##/##/## -- Reportlinker.com announces that a new market research report related to the Chemicals industry industry...0600000006004000060110000400000004018000160000001600300013000000130020001300200113004000130040010600500006005001060050040600100006001002030000000300200003002003040110000401100204016000040160137/16/2008 10:21:48 AM1800000018015000180220001802000018016000180080001900000019001000190020001900200719002004190020091900201319002018190020121900201119002010MarketwireMW-0001-26700459CORNING INCOM GROUP INCRHODIAGLWOMGRHAYYNewsNewstex