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Corning Files Restated 2005 Results

Glass maker Corning Inc. on Tuesday filed restated financial results, correcting accounting mistakes related to a 2003 asbestos settlement.

Corning said the Securities and Exchange Commission received restated reports for the first three quarters and full-year of 2005, and that the "adjustments to the financial statements are non-cash in nature and had no impact on 2005 reported earnings per share."

Read the entire news on the source link below.


May 10th, 2006
Source: Moneycentral.msn.com


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