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
The Swiss economy stalled in the second quarter as the improvement in household spending was insufficient to offset the weakness in exports and investment in construction. Gross domestic product remained flat from the first quarter, when it accelerated to 0.5 percent, the State Secretariat for Economic Affairs said Tuesday. Economists had expected GDP to rise 0.5 percent in the second quarter. Policymakers of Reserve Bank of Australia decided to maintain its record low interest rate once again as they continue to assess that the most prudent course is a period of stability in interest rates. The monetary policy board retained the cash rate at 2.50 percent. The rate has been at the current level since August 2013. A ban on athletes using stamina-boosting gases - xenon and argon - came into effect on Monday. The World Anti-Doping Agency (WADA) said Hypoxia-Inducible Factor (HIF) activators Xenon and Argon have been added to the 2014 List of Prohibited Substances and Methods List following the required three-month notice period and UNESCO's communication to all States Parties. A recommendation to revise the
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.