Corning sees fall in glass volume; shares down
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Corning Inc.  on Monday said it  forecast a possible drop in the amount of glass it makes for  flat-panel televisions and computers due to a build-up of  customer inventory, but reaffirmed its earnings guidance.
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U.S. stocks were set for a slightly lower open Thursday as disappointing results from coffee shop chain Starbucks and volatile oil prices may take the steam out of yesterday's rally.
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Corning Inc, the world&#39;s largest maker of glass substrates used in liquid-crystal displays (LCDs), said yesterday that it would go ahead with its capacity expansion as planned, adding that decisions
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Home goods retailer Williams-Sonoma Inc  reported a decline in its holiday same-store sales on Tuesday and gave a weak outlook for the current quarter and upcoming fiscal year, sending its shares down 11 percent in morning trade.
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U.S. stocks fell on Wednesday after a  profit warning from Coca-Cola Co. KO.N fueled concern about  corporate profits and a Goldman Sachs survey showed softening  corporate spending on technology.
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Stocks fell on Friday, pressured by  declines in the drug and semiconductor sectors and  by  slower-than-expected U.S. jobs growth in September.
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Corning Incorporated (NYSE:GLW) Vice Chairman and Chief Financial  Officer James B. Flaws will participate in discussions with investors at  meetings in Denver and Chicago on June 18 and 19, respectively.
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Housewares retailer Williams-Sonoma Inc. (WSM.N: Quote, Profile, Research) on Thursday cut its forecasts for fourth-quarter sales and earnings per share, and its shares fell 6 percent.
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North American manufacturers of  equipment used to make semiconductors saw orders fall 10  percent in September from August, a U.S. trade group said on  Thursday.
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South Korean and Japanese makers of liquid-crystal displays have slowed the opening of new factories because of overcapacity, according Corning Inc.
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U.S. stocks fell on Wednesday after a  profit warning from Coca-Cola Co. KO.N stoked fears about  corporate profits and a downgrade of the technology sector by  investment bank Goldman Sachs weighed on markets.
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Corning Inc. plans to invest an additional $326 million in an LCD glass factory in Taiwan to meet demand for flat-screen monitors and TVs, part of its $1 billion capital spending budget for 2004.
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Trade group says orders were down 5% from July after almost a year of growth, sees trend continuing. SAN FRANCISCO  - North American semiconductor capital equipment manufacturers reported that orders
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U.S. stocks were set to open lower on  Friday after a government report showed weaker-than-expected  job growth in September.
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Global sales of chip equipment are expected to fall 5.2 percent next year, an industry group said Wednesday in a sharp reversal of its midyear forecast of 24 percent growth.
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Prices of liquid-crystal displays are expected to fall by less than 5 percent in the fourth quarter as the industry expects a surge in demand during the holiday-shopping season, a research firm said Tuesday.
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Prices of computer screens are expected  to fall by less than 5 percent in the fourth quarter as the  market stabilizes on hopes of a pick-up in demand during the  Christmas season, a U.S.-based research firm said on Tuesday.