Corning Incorporated (NYSE:GLW) reported higher fourth quarter earnings as production and restructuring costs declined from a year ago. Corning Incorporated (NYSE:GLW) stock opened at $17.15 in last session, and closed at $17.21, while the day range of GLW stock is $17.10 – $17.37. The stock showed a negative weekly performance of -5.49%.
Plug Power Inc (NASDAQ:PLUG) has announced the pricing of underwritten registered offering of 10 million shares of its common stock accompanied with warrants to purchase another 400,000 shares of its common stock. Plug Power Inc (NASDAQ:PLUG) stock opened at $3.16, in last session and closed at $3.02, by losing -3.21%. The 52 week range of PLUG is $0.12 – $4.90. Company’s market capitalization is $353.43million.
Emerson Process Management, a division of St. Louis-based Emerson Electric Co. (NYSE: EMR), develops products and services to help businesses automate production. The company employs nearly 135,000 workers and operates with five divisions. Emerson Electric Co. (NYSE:EMR) stock decreased -0.96% and finished the last session at $65.94. The EPS of the stock remained 2.78. Company’s market capitalization is $46.42billion.
Fitch Ratings has upgraded the Long-term Issuer Default Ratings (IDR) for TE Connectivity Ltd. (NYSE: TEL, TE Connectivity) and its wholly owned subsidiary, Tyco Electronics Group S.A.’s (TEGSA) to ‘A-‘ from ‘BBB+’. In addition, Fitch affirms the Short-term IDRs for both companies at ‘F2’. TE Connectivity Ltd (NYSE:TEL) stock opened the session at $57.06, and closed the session at $56.51. The 52 week range of the TEL stock remained $38.75 – $61.14 and the day range was $56.42 – $57.06.