On Tuesday, Shares of Corning Inc. (NYSE:GLW), dropped -1.39% to $22.07.
Corning Incorporated, declared its results for the first quarter of 2015.
First-Quarter Performance Highlights
- Core sales were $2.4 billion, a 4% enhance on a year-over-year basis. Net sales (GAAP) were $2.3 billion, consistent with the preceding year quarter.
- Core earnings per share were $0.35 per share*, an enhance of 21% over the comparable quarter last year. GAAP earnings per share were $0.29.
- Sales in the Optical Communications segment raised 18% from the year-ago period, driven by strong demand for the company`s fiber-to-the-home solutions and the addition of sales from a recent acquisition.
- Sequential LCD glass price declines continued at moderate levels in the first quarter, and the company anticipates prices to decline even less in the second quarter.
- Corning® Gorilla® Glass sales were strong in the quarter, driven by the success of Gorilla Glass 4.
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 American Airlines Group Inc. (NASDAQ:AAL), declined -1.31% to $51.19, during its last trading session.
Leading industry publication Air Cargo News honored American Airlines Group, with the Cargo Airline of the Year for 2015 award at a gala event in London on April 25. This is the first time an airline in the Americas has the won the award in its 32-year history. American was also named the Best Cargo Airline of the Americas for the eighth successive year at the ceremony.
The Cargo Airline of the Year awards recognize carriers that have offered an outstanding customer experience based on the voting results of more than 15,000 supply chain professionals. Over a two month period, shippers and service partners are asked to vote on the publication’s website for the airline that offered the best overall customer experience and for the best service provider in each region.
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.
At the end of Tuesday’s trade, Shares of VIVUS Inc. (NASDAQ:VVUS), dwindled -1.29% to $2.30.
VIVUS, declared that effective May 1, 2015, Qsymia will be the sole anti-obesity agent accessible on the Sam’s Club Extra Value Drug List (EVDL). Qsymia patients paying cash who are premium members of Sam’s Club, known as Sam’s Plus Members, will pay lower out-of-pocket costs for Qsymia therapy than those offered through current discount card programs.
VIVUS, Inc., a biopharmaceutical company, develops and commercializes therapies to address unmet needs in obesity, sleep apnea, diabetes, and sexual health in the United States and the European Union.
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