ASBESTOS UPDATE: Harris Corp. Still Subject to Liability Actions

From time to time, Harris Corporation faces product liability lawsuits related to the prior sale or use of products containing asbestos or other restricted materials.

No significant asbestos-related matters were discussed in the Company’s annual report filed on Aug. 29, 2011…

ASBESTOS UPDATE: Corning Estimates $644MM Liability at June 30

Corning Incorporated says the liability for the amended Pittsburgh Corning Corporation plan of reorganization and the non-PCC asbestos claims was estimated to be US$644 million at June 30, 2011, compared with an estimate of the liability of US$633 million at…

ASBESTOS UPDATE: Corning Posts $5MM Litigation Charge at June 30

Corning Incorporated recorded asbestos litigation charges of US$5 million during the three months ended June 30, 2011 and June 30, 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 27, 2011.

In…

ASBESTOS UPDATE: Belden Has 84 Personal Injury Cases at April 24

Belden Inc. is facing asbestos-related personal injury cases, of which 84 are pending as of April 24, 2011, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 11, 2011.

Electricians have filed a majority of…

ASBESTOS UPDATE: Corning Estimates $638MM Liability at March 31

Corning Incorporated says the liability for Amended Pittsburgh Corning Corporation Plan and non-PCC asbestos claims was estimated to be US$638 million at March 31, 2011, compared with an estimate of the liability of US$633 million at December 31, 2010.

The Company…

ASBESTOS UPDATE: Corning Has $5MM Litigation Charge at March 31

Corning Incorporated recorded an asbestos litigation charge of US$5 million during the three months ended March 31, 2011, according to a Company press release dated April 27, 2011.

The Company recorded an asbestos litigation credit of US$52 million during the three…

ASBESTOS UPDATE: Belden Facing 86 Injury Actions at July 26

Belden Inc., as of July 26, 2010, faced 86 asbestos-related personal injury cases, in which it is one of many defendants, according to the Company’s quarterly report filed on Aug. 11, 2010 with the Securities and Exchange Commission.

As of April…

ASBESTOS UPDATE: Corning Inc. Faces 10,300 Tort Cases

Corning Incorporated is currently involved in about 10,300 other cases (about 38,700 claims) alleging injuries from asbestos and similar amounts of monetary damages per case, according to the Company’s quarterly report filed on July 30, 2010 with the Securities and…

ASBESTOS UPDATE: Corning Records $47MM Decrease in Liability

Corning Incorporated, in the six months ended June 30, 2010, recorded a US$47 million decrease to its asbestos settlement liability compared to an increase of US$9 million for the same period last year, according to the Company’s quarterly report filed…

ASBESTOS UPDATE: ABB Records $28M Asbestos Provisions at June 30

ABB Ltd recorded asbestos provisions of US$28 million as of June 30, 2010, compared with US$53 million as of Dec. 31, 2009, according to a Company report, on Form 6-K, filed with the Securities and Exchange Commission on July 22,…

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