During Tuesday’s Morning trade, Shares of Corning Inc. (NYSE:GLW), gained 1.15% to $18.40.
Corning’s current quarter earnings estimates was cut to $0.37 from $0.40 per share at Jefferies, with 2015 earnings estimates lowered to $1.45 from $1.50 per share.
The firm maintained its “hold” rating and $21 price target on the stock.
Corning declared its 2015-second quarter financial results yesterday with earnings of $0.38 on revenue of $2.52 billion. This compares to $0.34 earnings per share on revenue of $2.51 billion for the same period one year ago.
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 Michael Kors Holdings Limited (NYSE:KORS), inclined 0.46% to $38.89, during its current trading session.
Michael Kors Holdings Limited declared that it plans to report its first quarter fiscal 2016 financial results on Thursday, August 6, 2015, before the market opens. The Company also plans to hold a conference call to talk about its financial results the same day at 8:00 a.m. ET.
Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel. The company operates in three segments: Retail, Wholesale, and Licensing.
Finally, IDEXX Laboratories, Inc. (NASDAQ:IDXX), gained 0.54%, and is now trading at $74.57.
IDEXX Laboratories will host its 2015 Analyst Day on August 5-6, 2015 at its corporate headquarters in Westbrook, Maine.
On August 5 from 3:30 p.m. to about 4:45 p.m. ET, Jonathan Ayers, Chairman and Chief Executive Officer and Brian McKeon, Executive Vice President and Chief Financial Officer will talk about the overall companion animal diagnostic market, IDEXX’s long-term growth strategy, provide an IDEXX financial overview, and host a question-and-answer session.
On August 6 from 8:00 a.m. to about 11:45 a.m. ET, IDEXX’s senior leadership team will talk about growth strategies in IDEXX’s Companion Animal Group and host a question-and-answer session.
IDEXX Laboratories, Inc., together with its auxiliaries, develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, water testing, and dairy markets worldwide. It operates through Companion Animal Group; Water Quality Products; Livestock, Poultry and Dairy; and Other segments.
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