Don't Count Corning Out Yet
Jan 26th 2012 12:10PM
Updated Jan 26th 2012 12:12PM
At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
- Netflix (NAS: NFLX) announced its latest results, with a promising recovery in subscriber counts and an earnings beat.
- Corning (NYS: GLW) reported a sharp drop in profit for its fourth quarter, with net income falling to $491 million, or $0.31 per share.
- 3M (NYS: MMM) reported strong fourth-quarter earnings. CEO George Buckley sang 3M's praises for its resilience in the face of slowing demand in western Europe.
- PepsiCo (NYS: PEP) added its Diet Mountain Dew, Brisk, and Starbucks ready-to-drink beverage brands to its portfolio of billion-dollar brand names.
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At the time this article was published Fool contributor Tamara Rutter owns shares of Corning and PepsiCo. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of PepsiCo, Starbucks, and Corning. Motley Fool newsletter services have recommended buying shares of PepsiCo, Netflix, 3M, Starbucks, and Corning, as well as creating diagonal call positions in 3M and PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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