Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Dow Corning Corp Reports Q4 Net Income Of $260 Mln Vs $251 Mln Last Year

RELATED NEWS
Trade GLW now with 

Dow Corning Corp (GLW: Quote) Friday reported fourth quarter net income of $260 million, 3% higher than net income of $251 million reported for the corresponding quarter last year.

Adjusted net income for the quarter, excluding special items, however, declined 53% to $76.8 million from $164 million reported for the same period last year.

Sales for the fourth quarter declined 4% to $1.52 billion from $1.58 billion reported last year.

Click here to receive FREE breaking news email alerts for Corning Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After failing to sustain an initial upward move, stocks have shown a lack of direction over the course of the trading day on Friday. The Dow and the S&P 500 reached new record highs in early trading but have given back ground since then. President Barack Obama delivered a statement Thursday evening thanking members of Congress for voting to approve legislation granting the U.S. military the authority to train and arm moderate Syrian rebels fighting against the terrorist group known as the Islamic State. While the Conference Board released a report on Friday showing a continued increase by its index of leading U.S. economic indicators in the month of August, the pace of growth showed a significant slowdown compared to the previous month.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.