Equity Research on TE Connectivity Ltd. and Corning Inc. -- Mixed Bag for Diversified Electronics
12 Novembro 2012 - 11:00AM
Marketwired
Diversified electronics manufacturers are being helped by strong
demand for displays but hurt by soft demand from the
telecommunications market. As a result, companies within the
industry are experiencing varying levels of success depending on
their own revenue breakdowns. Nearly all are feeling the weight of
weak economic conditions and are taking various steps to contend
with them. Get your free reports on
TE
Connectivity Ltd. and
Corning Inc. at
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TE Connectivity, a maker of electronic and telecommunications
systems, has responded to weak conditions by planning to expand its
restructuring efforts to generate further cost reductions. The move
bodes well for the long-term but will likely hurt its bottom line
in the coming quarters. It is also representative of a broader
industry wide trend of bracing for a period of slow global economic
growth. TE Connectivity Ltd. report is
accessible for free by registering today at
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Corning Inc.'s third quarter also exemplifies the general
direction the industry is moving in. Revenues from its display
technologies segment surged 19% from the prior quarter while
telecommunications tumbled 6.4%. Corning Inc.
report is accessible for free by registering today at
http://www.ShinesRooms.com/CorningInc121112.pdf
The two Diversified Electronics stocks
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