Notable Hot Runners: Vale SA (ADR) (NYSE:VALE), Corning Incorporated (NYSE:GLW)

On Friday, Shares of Vale SA (ADR) (NYSE:VALE), SUBTRACT -0.54% and closed at $5.50 in the last trading session. The last trading range of the stock ranges between $5.43 and $5.59. Vale S.A., together with its auxiliaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet. This segment is also involved in the production and extraction of manganese, ferroalloys, and others ferrous products and services; and extraction of coal, in addition to in the provision of railroad, port, and terminal logistics services. The company’s Base Metals segment produces and extracts non-ferrous minerals, counting nickel and copper. Its Fertilizers segment provides a group of nutrients, such as potash, phosphates, and nitrogen. The company also invests in energy generation through operating hydroelectric plants and centers, in addition to produces steel.

Corning Incorporated (NYSE:GLW), jumped 0.55% and closed at $23.65 in the last trading session. The last trading range of the stock ranges between $23.41 and $23.81. The company’s Market capitalization is $24.66 Billion with the total Outstanding Shares of 1.04Billion. Corning Incorporated (GLW) recently declared that Corning® Gorilla® Glass, the cover glass of choice for global consumer electronic device manufacturers, will be featured in innovative automotive curved display applications at the 2016 Paris Motor Show, from Sept. 29 to Oct. 16, 2016. The glass is featured in a curved, full-glass center console and instrument-panel application called “Smart Pebbles” in the Faurecia booth located in Hall 1/B212.

“Formed through Corning`s proprietary fusion-draw process, Corning Gorilla Glass`s damage-resistant surface offers the perfect solution for touch devices, and now cold-formed curved cover glass for cutting-edge displays inside a car,” said Doug Harshbarger, division vice president and business director, Corning Automotive Glass.

“Displays are a fundamental part of the automotive cockpit of the future and consumers expect their smartphone experience to be replicated in their vehicle displays, with better touch performance and resolution, together with seamless design integration. This is a step toward the fusion of in-car displays and surfaces. Corning Gorilla Glass is a material that assists make this possible,” explained David Weill, vice president of marketing and business development, Faurecia Interior Systems.

Leave a Reply

Your email address will not be published. Required fields are marked *