Shares of Corning Incorporated (NYSE:GLW) ended Wednesday session in green amid volatile trading. The shares closed up +0.26 points or 1-15% at $22.96 with 11.70 million shares getting traded. Post opening the session at $22.82, the shares hit an intraday low of $22.70 and an intraday high of $23.03 and the price vacillated in this range throughout the day. The company has a market cap of $23.81 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares.
Corning Incorporated (GLW) manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories.
Shares of VimpelCom Ltd (ADR) (NASDAQ:VIP) ended Wednesday session in green amid volatile trading. The shares closed up +0.12 points or 3.52% at $3.53 with 11.64 million shares getting traded. Post opening the session at $3.45, the shares hit an intraday low of $3.44 and an intraday high of $3.54 and the price vacillated in this range throughout the day. The company has a market cap of $6.22 billion and the numbers of outstanding shares have been calculated to be 1.76 billion shares.
VimpelCom Ltd (ADR) (VIP) on Sept. 5, 2016 announced that it has accepted the resignation of Mikhail Slobodin, Chief Executive Officer (CEO) of VimpelCom Russia (Beeline), with immediate effect, following news regarding Mikhail Slobodin and his prior employer, T Plus.
Kjell Johnsen, Head of Major Markets, will lead VimpelCom’s business in Russia with immediate effect. Kjell has extensive experience in the country and will continue to drive the company’s transformation forward. Kjell Johnsen joined VimpelCom to lead VimpelCom’s Major Markets in August 2016 and has international expertise in senior roles across a variety of industries, with responsibility for markets such as Russia, Scandinavia, and Central and Eastern Europe.