— Corning Incorporated (NYSE: GLW) reported third-quarter 2019 earnings of $0.44 per share, vs. $0.39 per share expected.
— Net sales fell 2% to $2.9 billion, vs. $2.88 billion expected.
— Corning expects the full-year price decline to be a low-single digit percentage, compared to the prior expectation of a low-to-mid single digit percentage decline due to a favorable pricing environment.
— Environmental Technologies sales grew 20% YoY
— GLW shares were up 3.9% immediately following the announcement.
Fast-food chain McDonald’s Corporation (NYSE: MCD) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when its revenues remained broadly unchanged. The company said fourth-quarter
General Motors Co. (NYSE: GM) reported fourth quarter 2022 earnings results today. Revenue increased 28.4% year-over-year to $43.1 billion. Net income attributable to stockholders increased 14.8% to $2 billion while EPS rose 19.8%
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings. Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per