Stocks Western Digital Corp

More

  • Western Digital beats 2Q profit forecasts Thursday, 28 Jan 2016 | 4:29 PM ET

    IRVINE, Calif. _ Western Digital Corp. on Thursday reported fiscal second-quarter net income of $251 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share. Western Digital shares have declined 24 percent since the beginning of the year, while the Standard& Poor's 500 index has declined slightly...

  • Not just oil and China, tech is falling apart Friday, 15 Jan 2016 | 3:37 PM ET

    Although falling oil prices and China's stock market dominate the headlines, new developments this week show the tech sector is also faltering.

  • No bottom in PC sales in sight. Sell these stocks Wednesday, 23 Dec 2015 | 1:59 PM ET
    A customer looks at computers at a Best Buy store in Northbrook, Ill.

    PC sales are getting worse, according to Bank of America Merrill Lynch's Wamsi Mohan citing the latest sell-through data.

  • *Tsinghua to make more investment in Taiwan tech firms- analysts. HONG KONG/ SHANGHAI, Nov 6- China's Tsinghua Unigroup Ltd plans to invest 80 billion yuan in a new memory chip factory via the world's largest private placement, in the latest move by the state-backed technology conglomerate to bolster its fledgling chip industry. Tsinghua Unigroup, controlled by...

  • SHANGHAI/ HONG KONG, Nov 6- Chinese technology conglomerate Tsinghua Unigroup Ltd plans to invest 80 billion yuan in building a new memory chip factory and making acquisitions, channelling the funds into a private placement by an affiliate announced late on Thursday. Tsinghua Unigroup, controlled by Tsinghua University in Beijing which counts President Xi...

  • All eyes on Fed; Apple gives Wall Street a boost Wednesday, 28 Oct 2015 | 8:37 AM ET
    A trader works on the floor of the New York Stock Exchange while Federal Reserve Chairwoman Janet Yellen explains why the Federal Reserve chose not raise interest rates on September 17, 2015 in New York.

    U.S. stock index futures pointed to a higher open on Wednesday ahead of a statement from the Fed this afternoon and more earnings.

  • Technology shares led the U.S. stock market's recovery this week from its worst correction in four years in August, thanks to gains in Alphabet, Amazon and Microsoft, after the three companies reported better-than-expected earnings results. Shares across Asia, Europe and the Americas all climbed, boosted by Thursday's message from European Central Bank...

  • Fed could be a snooze, but these reports will be big Friday, 23 Oct 2015 | 4:52 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Expectations are low that the Fed will provide any new policy insight next week, and focus should stay on economic reports and a flood of earnings.

  • Small-cap stocks lead gains in China rebound Thursday, 22 Oct 2015 | 4:12 AM ET
    An investor observes stock market at a stock exchagne hall on September 22, 2015 in Nanjing, China.

    Asian stocks put up a mixed performance on Thursday, as investors kept a wary eye on China which recovered from the prior day's sudden sell-off.

  • *Valeant sinks after Citron report, drags Allergan, Endo. Oct 21- Wall Street was little changed in early afternoon trading on Wednesday as gains by General Motors and technology stocks were limited by a slide in healthcare stocks. Allergan fell 4.6 percent to $251.37 and Endo International slumped nearly 13 percent to $54.98, weighing the most on the S&P 500 and...

  • Western Digital to buy SanDisk in $19 billion deal Wednesday, 21 Oct 2015 | 11:56 AM ET
    SanDisk cards

    The acquisition of SanDisk will allow Western Digital to branch out into the solid-state drive business, CEO Stephen Milligan says.

  • *VMware, Yahoo down on poor results. Oct 21- U.S. stocks were set to open higher on Wednesday as investors cheered strong third-quarter results by industry heavyweights General Motors and Boeing. Shares of General Motors rose 4.5 percent to $35.00 premarket, while Boeing rose 4.2 percent to $142.15.

  • Early movers: GM, BA, KO, SNDK, KMB, SBUX & more Wednesday, 21 Oct 2015 | 8:06 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE).

    Some of the names on the move ahead of the open.

  • UPDATE 1-Western Digital to buy SanDisk in $19 bln deal Wednesday, 21 Oct 2015 | 7:49 AM ET

    Oct 21- Hard disk drive maker Western Digital Corp said it would buy memory chip maker SanDisk Corp for about $19 billion, the latest in a wave of consolidation in the chip-making industry. The cash-and-stock offer values SanDisk at $86.50 per share, or a total equity value of about $19 billion, using a five-day volume weighted average price ending on Oct. 20 of...

  • Western Digital to buy SanDisk in $19 bln deal Wednesday, 21 Oct 2015 | 7:34 AM ET

    Oct 21- Hard disk drive maker Western Digital Corp said it would buy memory chip maker SanDisk Corp in a deal valued at about $19 billion, the latest in a wave of consolidation in the chip-making industry.

  • *Intel to start 3 D NAND production in Dalian in 2 H 2016. Oct 21- Intel Corp said it may invest up to $5.5 billion in manufacturing semiconductors in China, stepping up efforts to improve ties with Beijing as it seeks new revenue streams while demand for its core computer processing chips falters. Intel's new investment follows a deal last year to buy 20 percent...

  • Cramer: Will Yum & SanDisk's turnaround plan work? Tuesday, 20 Oct 2015 | 6:45 PM ET
    A KFC restaurant in Shanghai.

    Jim Cramer looks at the turnaround plan for four companies struggling with slow growth, to find the winner of the bunch.

  • *IBM slumps after results, biggest drag on Dow, S&P 500. *Verizon, Travelers, United Tech up after results. Oct 20- U.S. stocks were little changed on Tuesday as Verizon and United Technologies rose after strong quarterly results, limiting the losses caused by IBM's disappointing results and lowered forecast.

  • US STOCKS-Wall St open lower as IBM drags Tuesday, 20 Oct 2015 | 9:59 AM ET

    *IBM slumps after results, drags down Dow, S&P 500. *Verizon, Travelers, United Tech up after results. *Yum Brands jumps on plans to spin off China business.

  • *Verizon, Travelers, United Tech up after results. *Yum Brands jumps on plans to spin off China business. Oct 20- Wall Street was set to open little changed on Tuesday as investors digested a barrage of quarterly earnings reports including Dow components Travelers, Verizon and IBM.