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Did Corning Just Hint That A Divestiture Or Spin-Off Will Take Place In 2016?

2015-12-07 04:59:50| Industrial Machines - Topix.net

Although adverse currency effects and Chinese economy issues continue to depress the company's near term results, a transformational action is likely to occur in 2016. The company's $20 billion capital allocation plan is likely to serve as the minimum level of shareholder distributions given a recent statement by a company insider.

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