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Corning: Proceeds From Dow Corning Divestiture To Drive Shares Higher In 2016

2015-12-14 05:59:32| Industrial Machines - Topix.net

Corning has stepped up its transformative actions dramatically, as its shares have traded within a narrow range that has consistently frustrated its long-term investors. The company's recently announced divestiture of its over 70-year-old joint venture Dow Corning is by far the most dramatic transformative action it has taken to-date.

Tags: drive higher shares proceeds

Corning: Proceeds From Dow-Corning Divestiture To Drive Shares Higher In 2016

2015-12-14 05:24:35| Footwear - Topix.net

The company has stepped up its transformative actions dramatically as its shares have traded within a narrow range that has consistently frustrated its long-term investors. The company's recently announced divestiture of its over 70-year-old joint venture Dow Corning is by far the most dramatic transformative action the company has taken to date.

Tags: drive higher shares proceeds

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.

Tags: in will place take