Epiphany Investing

Searching Out the Optimal Portfolio of “Revelation” Stocks

Corning Drops 2009 Guidance; How Low Can This Go? (GLW)

When glass guru Corning (GLW) reported earnings on October 29th, I noted my trepidation on the lowered sales outlook and the overall health of the global consumer. I also took a hard look at the balance sheet, and noted that:
Pick your metric…A P/E of about 4x current earnings, $19B in assets with a miniscule amount [...]

Corning Earnings up 24%, But Consumer Weakness on the Horizon

Flat-Panel maker and glass guru Corning (GLW) reported earnings up strongly year-over-year, but notched down guidance for the 4th quarter. Shares are down over 9% in early trading, as the sales forecasts came in lower than even reduced estimates.
Boilerplate Numbers
Net income for the 3rd quarter was $768 million, up 24% YoY from $617 million. Sales [...]

More on this topic (What's this?)
Dividend Stock Review: Corning (GLW) (The DIV-Net, 9/20/08)
Manipulating earnings (Canadian Business Blog, 2/24/10)
“One Technology Can Keep America from Going Dark” (Money Map VIP Trader) (Stock Gumshoe, 2/18/10)
Read more on Corning, Net Income at Wikinvest

Philips Electronics Posts Weak Net Earnings; Corning to Lag (GLW)

For the most part, Asian and European markets are markedly higher this morning. Shanghai index was up 3.5% and the Hang Seng surged over 10%. Again, these gains are all relative, and coming off much smaller bases.
Philips NV however reported a sharp miss in revenues for the 3rd quarter, noting weakness in TV sales. This [...]