During Thursday’s Afternoon trade, Shares of Corning Inc. (NYSE:GLW), lost -0.72% to $20.62.
Corning Incorporated, declared that it will invest in a new Gen 8.5 liquid crystal display (LCD) glass substrate finishing facility in Chongqing Liangjiang New Area (CQLJ) in Southwest China.
This new finishing facility will become Corning`s second LCD plant on the China mainland. Corning also operates a melting and finishing LCD plant in Beijing. This investment is driven by strong demand for LCD substrates in China and will enable Corning to serve Chinese panel makers more effectively through localized glass supply. The company did not disclose the funding level for this project.
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 Southwest Airlines Co. (NYSE:LUV), inclined 1.28% to $34.79, during its current trading session.
Avis Budget Group, declared that it has reached an expanded, new multi-year partnership marketing agreement with Southwest Airlines, which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Southwest Airlines flies more than 100 million passengers per year, and Avis Budget Group provides travelers with more than 100 million vehicle rental days per year.
As part of the new agreement, Avis, Budget and Payless will have advertising placement on the Southwest Airlines website in addition to merchandising placement throughout the airline reservation process. The car rental brands will also be featured on airline confirmation pages and pre-trip emails to customers. Special car rental discount offers, such as bonus Rapid Rewards(R) credits for accomplished rentals will also be presented on southwest.com.
The expanded alliance between Avis Budget Group and Southwest Airlines builds upon a relationship that dates back to 1995.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Finally, Whiting Petroleum Corp. (NYSE:WLL), gained 1.19%, and is now trading at $35.87.
Whiting Petroleum Corporation, declared that it presented at the Global Hunter Securities 100 Energy Conference at the JW Marriott Chicago, on Tuesday, June 23, 2015 at 9:00 a.m. (CDT). Pete Hagist, Whiting’s Senior Vice President, Planning, talked about the Company’s strategy, development plans and outlook.
Whiting Petroleum Corporation, an independent oil and gas company, acquires, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers.
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