Western Digital Corporation

Western Digital Corporation Newswire (Page 7)

Comprehensive Real-Time News Feed for Western Digital Corporation. (Page 7)

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  1. Western Digital profit declines on higher costsRead the original story w/Photo

    Oct 28, 2014 | MarketWatch

    Western Digital Corp. said its profit declined 15% in the October quarter, hurt by higher research and development costs, though the disk-drive maker booked increased revenue on demand for gaming and notebook PCs. Faced with flagging global PC sales, the company has sought to expand its offerings through a series of acquisitions, mainly bolstering its presence in the solid-state drive market.

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  2. Western Digital Corp. Earnings: The Platters Are Still Spinning, but Nothing's Getting SavedRead the original story

    Oct 28, 2014 | The Motley Fool

    The hard-disk-drive leader generated $3.94 billion in revenue for the quarter ended in September, resulting in adjusted earnings of $2.10 per share, and both results topped Wall Street's expectations. Analysts had modeled $3.89 billion in revenue and $2.03 in adjusted EPS.

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  3. Western Digital lands just above fiscal Q1 expectationsRead the original story w/Photo

    Oct 28, 2014 | ZDNet

    In prepared remarks, CEO Steve Milligan accredited the better-than-expected revenue and earnings results to "consistent financial performance" and strategy execution. We were pleased to see strength and momentum in our capacity enterprise hard drive and flash platform solutions businesses.

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  4. Western Digital Announces Financial Results For First Quarter Fiscal 2015Read the original story w/Photo

    Oct 28, 2014 | [H]ard OCP

    Western Digital Corp. today reported revenue of $3.9 billion and net income of $423 million, or $1.76 per share, for its first fiscal quarter ended Oct. 3, 2014. On a non-GAAP basis, net income was $504 million or $2.10 per share.

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  5. Western Digital quarterly revenue rises 4 pctRead the original story

    Oct 28, 2014 | Reuters

    Hard-disk drive maker Western Digital Corp reported a 4 percent rise in first-quarter revenue, helped by higher demand for storage products from businesses. The company's net income fell to $423 million, or $1.76 per share, in the quarter ended Oct. 3, from $495 million, or $2.05 per share, a year earlier as sales and marketing costs rose by about 67 percent.

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  6. UPDATE 1-Western Digital beats estimates on higher data storage demandRead the original story

    Oct 28, 2014 | Reuters

    Hard-disk drive maker Western Digital Corp reported better-than-expected quarterly profit and revenue as businesses spent more upgrading computers or buying storage for servers and data centers. Western Digital earned $2.10 per share, adjusting for items, in the first quarter ended Oct. 3. This was above the average analyst estimate of $2.03 per share.

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  7. Seagate Grows Revenue, Raises DividendRead the original story w/Photo

    Oct 28, 2014 | Seeking Alpha

    Seagate showed there is life and perhaps even growth in the data storage drive market when it reported September quarter results on October 27, 2014. Revenue was $3.79 billion, up 15% sequentially from $3.30 billion in and up 9% from $3.49 billion in the year-earlier quarter.

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  8. AllSource Analysis Forms First Board of DirectorsRead the original story

    Oct 28, 2014 | Sys-Con Media

    Commercial imagery intelligence and analytic products company AllSource Analysis, Inc. today announced its first board of directors. Outside directors Peter Behrendt, Robert Bunting, Ryan Carr, Richard Herring and John Metzger join founding executives - CEO and Chairman Stephen Wood, Chief Analytics Officer Joseph Bermudez, Jr. and CMO Charles Herring - on the new board.

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  9. Western Digital Corp (WDC) Set to Announce Earnings on TuesdayRead the original story

    Oct 27, 2014 | AmericanBankingNews.com

    ... The company presently has an average rating of "Buy" and a consensus price target of $113.21. Western Digital Corporation ( NYSE:WDC ) is a developer and manufacturer of storage solutions, which enables people to create, manage, experience and ...

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  10. WD Expands Surveillance-Class Hard Drive LineRead the original story w/Photo

    Oct 27, 2014 | PR Newswire

    Video surveillance is a highly data-rich application within the "Internet of Things " ecosystem. WD Purple hard drives excel in new and existing home and small business security system environments with up to eight hard drives and up to 32 high-definition video cameras.

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  11. Western Digital's Competitive DrivesRead the original story w/Photo

    Oct 25, 2014 | Wall Street Journal

    Shares of meanwhile, have gained a smidgen. That's because when markets turn wobbly, investors view pantry companies as havens and technology as a sector to flee.

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  12. Intevac: A Potential Effective TurnaroundRead the original story w/Photo

    Oct 24, 2014 | Seeking Alpha

    Activist investor Becker Drapking is increasing its stake into the company, and could provide support to the new CEO in turning around the business. Since selling the company would be the best exit strategy for activist involved, I provide a possible valuation range, should the company be acquired.

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  13. Seagate increases targeted annual dividend 26% to $2.16Read the original story

    Oct 8, 2014 | Theflyonthewall.com

    Seagate increases targeted annual dividend 26% to $2.16 Seagate Technology announced that its board of directors has approved a 26% increase in the company's targeted regular cash dividend. The targeted annual dividend will increase from $1.72 to $2.16 per share and will continue to be paid quarterly.

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  14. Nexenta Software-Defined Storage and HGST All-Flash Solutions...Read the original story

    Oct 22, 2014 | Information Technology

    Nexenta , the global leader in Software-Defined Storage , today announced it has collaborated with HGST , a Western Digital Company , to create an all-flash storage solution for Tracx , a global provider of next generation social media platforms for the enterprise. Established in 2010, Tracx provides an end-to-end solution that enables customers to manage their entire social media presence intelligently.

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  15. Hikvision and Western Digital Host Video Surveillance Seminar in Middle EastRead the original story

    Oct 20, 2014 | Customer Interaction Solutions

    ENP Newswire - 19 October 2014 Release date- 17102014 - Hikvision, the world's leading supplier of video surveillance products and solutions, hosted a joint seminar with Western Digital, the leading supplier of hard drives, at the Ramada Hotel in Dubai on September 18. The seminar was held to promote the latest technologies from both companies: Hikvision's Turbo HD Analog Solution and WD's Purple hard drives, attracting over 100 security professionals from more than 50 companies. The seminar consisted of two segments.

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  16. Western Digital looks like inexpensive big data play, Barron's saysRead the original story

    Oct 8, 2014 | Theflyonthewall.com

    On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: 2U initiated with an Outperform at Pacific Crest... Bloomin' Brands initiated with an Outperform at BMO Capital... Brinker initiated with a Market Perform at BMO Capital... Buffalo Wild Wings initiated with an Outperform at BMO Capital... Chipotle initiated with a Market Perform at BMO Capital... Chuy's initiated with a Market Perform at BMO Capital... Darden initiated with a Market Perform at BMO Capital... EMC initiated with a Buy at Jefferies... EPR Properties initiated with a Buy at BofA/Merrill... HP initiated with a Hold at Jefferies... IBM initiated with an Underperform at Jefferies... McDermott initiated with an In-Line at Imperial Capital... NetApp initiated with a Hold at Jefferies... New Residential initiated with a Neutral at Piper Jaffray... Nimble Storage initiated with a Buy at Jefferies...

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  17. Finding Value in a Digital Storage BusinessRead the original story

    Oct 16, 2014 | GuruFocus.com

    Using GuruFocus' Undervalued Predictable Screener, and excluding OTC stocks, I looked for a company that traded at a discount to cash flow and paid a dividend. One of those stocks was Western Digital Corp. Western Digital Corp. is one of the top developers and manufacturers of data storage solutions to preserve digital content.

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  18. HGST Offers the only Complete Performance and Capacity Storage...Read the original story w/Photo

    Oct 14, 2014 | WebWire

    ... have come to expect from HGST.' HGST is a wholly owned and independently operated subsidiary of Western Digital Corporation ( NASDAQ: WDC ). HGST sets the pace for storage innovation and is helping the world harness the power of data. Building on ...

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  19. Western Digital - Jefferies Turns Bullish, As I Continue To Be CautiousRead the original story w/Photo

    Oct 13, 2014 | Seeking Alpha

    I see the value and the strong long-term track record, but have worries about lack of current growth and potential changes in the long-term business model. Western Digital saw its shares fall on Friday despite being upgraded by analysts at Jefferies.

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  20. HGST Offers The Only Complete Performance And Capacity Storage...Read the original story

    Oct 13, 2014 | Sys-Con Media

    ... have come to expect from HGST." HGST is a wholly owned and independently operated subsidiary of Western Digital Corporation (NASDAQ: WDC). HGST sets the pace for storage innovation and is helping the world harness the power of data. Building on its ...

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