On Friday, Shares of Corning Incorporated (NYSE:GLW) increased 0.07% and closed at $29.41 after opening 29.42 with the overall traded volume of 6.63 million shares. The company’s Market capitalization reached to $27.21 billion, $920.23 million outstanding shares. Its low price was $29.05 and the highest price was $29.49.
Corning Incorporated (GLW) on JUNE 14, 2017 announced that its EDGE8(TM) solution was crowned “Data Center Cabling Product of the Year” at the 2017 Data Center Solutions (DCS) Awards in London. This is the fifth consecutive year that a Corning product has won a DCS award.
Corning`s EDGE8 solution is the industry`s first modular, tip-to-tip optical cabling system to feature an 8-fiber (base-8) cabling design that maximizes per-rack-unit density for better network scalability and improved link performance. Since its original launch, the EDGE8 solution has evolved to provide even greater flexibility in high-speed deployments.
“To win this award for the fifth straight year is a testament to the quality and value others find in our products,” said Kim Hartwell, senior vice president and chief commercial officer for Corning Optical Communications. “The ongoing success of our EDGE8 solution comes from our extensive collaboration with customers and a commitment to maintaining highly efficient, forward-looking infrastructures with a focus on total cost of ownership. Global adoption across a diverse range of applications and back-to-back wins at the DCS Awards are proof of this success.”
Shares of Cypress Semiconductor Corporation (NASDAQ:CY) decreased -1.72% and closed at $13.14 after opening 13.40 with the overall traded volume of 6.24 million shares. The company’s Market capitalization reached to $4.28 billion, $329.44 million outstanding shares. Its low price was $13.07 and the highest price was $13.44. The EPS is -1.99.
Cypress Semiconductor Corporation (CY) announced that the date of the Company’s 2017 Annual Meeting of Stockholders has been rescheduled to June 20, 2017 to comply with a Delaware Court of Chancery order to delay the holding of the Annual Meeting until certain supplemental disclosures are made. Accordingly, the Annual Meeting will convene on June 8, 2017, at 10:00 a.m. Pacific Daylight Time, as previously announced, solely for the purpose of adjourning the Annual Meeting and the adjourned Annual Meeting will take place on June 20, 2017 at 10:00 a.m. Pacific Daylight Time. Stockholders of record as of April 18, 2017 will be entitled to vote at the meeting.
