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Lowe's Earnings Fall Short of Estimates; Shares Slide

Western Digital Corp

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  • Hard Times Ahead for Hard Drive Business: Chanos Wednesday, 8 May 2013 | 6:36 PM ET

    Mobile computing is bad news for the hard-drive business, Kynikos Associates founder Jim Chanos told the audience at the Ira Sohn investment conference Tuesday.

  • US Hits an Historic High and the World Joins In Tuesday, 7 May 2013 | 9:33 AM ET
    A financial trader uses a telephone as he monitors data on his computer screens in front of a display of the DAX Index curve at the Frankfurt Stock Exchange.

    Germany joins the U.S. at an historic high. France, Portugal and Japan also log good numbers as stocks continue to win in the hunt for yield.

  • BEIJING, May 3- China's new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing's approval.

  • BEIJING, May 3- China's new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing's approval.

  • *Third-quarter adjusted earnings $1.26/ shr vs est $1.15/ shr. May 1- Hard disk drive maker Seagate Technology Plc reported better-than-expected quarterly results on higher sales of its internet storage devices, and said it expects demand and pricing in the business to rise in the second half.

  • Seagate results beat estimates after cutting costs Wednesday, 1 May 2013 | 4:11 PM ET

    May 1- Hard disk drive maker Seagate Technology Plc posted better-than-expected quarterly results after it cut costs in the face of declining PC sales.

  • Fitch Upgrades Seagate's IDR to 'BBB-'; Outlook Stable Wednesday, 1 May 2013 | 12:02 AM ET

    NEW YORK, May 01 Fitch Ratings has upgraded the following ratings on Seagate Technology plc and its subsidiaries:.

  • *DirecTv: Deutsche Bank raises price target to $61 from $57; rating. *Western Digital Corp: Deutsche Bank raises price target to $62 from. Reuters Station users, click. 1568.

  • Stocks rose, boosted by gains in shares of materials companies, including iron ore producer Cliffs Natural Resources, and by a drop in weekly jobless claims. **IMPERIAL OIL LTD, $39.78, up 1.6 pct.

  • Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.

  • ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.

  • Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. **IMPERIAL OIL LTD, $39.36, up 0.6 pct.

  • Stocks were poised for a higher open on Thursday, as investors dealt with a raft of earnings, including those of 3 M Co and ExxonMobil, with added support from a drop in initial jobless claims. **EXXON MOBIL CORP, Wednesday close $89.43. ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices.

  • April 25- Western Digital Corp:. *Stifel raises price target to $63 from $55; rating buy. Reuters Station users, click. 1568.

  • Early Movers: XOM, MMM, UPS & More Thursday, 25 Apr 2013 | 8:41 AM ET

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

  • ConocoPhillips reported lower quarterly earnings on Thursday as oil and natural gas production edged down along with crude prices. **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge.

  • April 25- Western Digital Corp:. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.

  • **COLGATE-PALMOLIVE CO, Wednesday close $117.90. Colgate-Palmolive Co posted lower quarterly profit on Thursday as sales grew but the recent devaluation of the Venezuelan bolivar led to a hefty charge. Net income rose to $550 million, or 46 cents per share, in the first quarter from $412 million, or 35 cents per share, a year earlier.

  • April 25- Western Digital Corp:. *FBN Securities raises to outperform from sector perform. *FBN Securities raises target price to $65 from $50.

  • RESEARCH ALERT-Western Digital: BMO raises target price Thursday, 25 Apr 2013 | 4:50 AM ET

    April 25- Western Digital Corp:. *BMO raises target price to $53 from $45. Reuters Station users, click. 1568.