S&P affirms Corning

S&P said it affirmed its ratings on Corning Inc., including the BBB+ issuer credit rating and A-2 short-term rating.

The outlook is stable.

“The rating affirmation and outlook reflect our expectation that Corning's good competitive position, improved business diversity, and favorable industry conditions will allow it to maintain good operational performance and cash flow generation over the next two years, but we acknowledge the potential for heightened volatility in display and optical segments amid macro and global trade uncertainties,” S&P said in a news release.

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