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ROCHESTER Oct. 24 (AP) — Corning said Wednesday that its third-quarter profit rose 41 percent on strong demand for glass used in flat-panel televisions but warned that its performance in the current quarter would fall short of Wall Street’s expectations. The company, which is the world’s largest maker of liquid-crystal display glass, said profits climbed to 7 million, or 38 cents a share, from 8 million, or 27 cents, in the third quarter of last year. Analysts polled by Thomson Financial predicted earnings of 37 cents a share. Sales rose 21 percent, to .55 billion, from .28 billion, meeting analysts’ expectations. More Topics: Panasonic Televisions Product information on Panasonic's standard tube, projection, plasma, and LCD TVs. Toshiba Televisions Find Toshiba TVs and accessories, including home theater, flat panel, rear projection, or DLP projection televisions. Also see HD recorders, TV stands and media ... 165 times read
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