On Tuesday, Shares of Corning Inc. (NYSE:GLW), lost -0.43% to $18.37.
Corning Incorporated declared its results for the second quarter of 2015.
Second-Quarter Segment Performance
- Display Technologies: Core sales were $963 million*, with sequential glass volume growth of a low single-digit percentage, as predictable. Sequential LCD glass prices declined moderately, and in line with expectations. Core earnings for the quarter were $290 million* as compared to $300 million* in the second quarter last year.
- Optical Communications: Sales were $800 million, a 17% enhance from $686 million for the comparable period a year ago. Core earnings for the quarter were $91 million*, a 44% enhance from $63 million* a year ago.
- Environmental Technologies: Sales were $260 million as compared to $285 million, a 9% decrease on a year-over-year basis, driven primarily by currency exchange rates. Core earnings were $46 million*, in line with last year`s second quarter.
Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences.
Shares of FireEye, Inc. (NASDAQ:FEYE), declined -1.42% to $45.69, during its last trading session.
FireEye declared its state government focused intelligence sharing initiative with the National Fusion Center Association (NFCA). The initiative is a partnership between FireEye and the NFCA, counting the joint development of Automated Threat Intelligence Exchange Network (ATIX) for the California State Threat Assessment System (STAS).
FireEye sits on the NFCA’s subcommittee for Cyber Threat Intelligence and Sharing, providing industry leading intelligence and expertise to analyze information, identify trends, and share accurate, actionable threat intelligence for various state needs. This comprises supporting regional and state intelligence agencies during national and local crises, dissemination of advanced threat intelligence to agencies, and training of cyber analysts.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information.
Finally, Government Properties Income Trust (NYSE:GOV), ended its last trade with -0.22% loss, and closed at $17.80, hitting its lowest level.
Government Properties Income Trust declared its regular quarterly common share distribution of $0.43 per common share ($1.72 per share per year). This distribution will be paid to GOV’s common shareholders of record as of the close of business on July 24, 2015 and distributed on or about August 24, 2015.
Government Properties Income Trust is a real estate investment trust, or REIT, which owns properties leased primarily to the U.S. Government and state governments located throughout the United States. GOV is headquartered in Newton, MA.
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