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Western Digital Corp

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  • Oct 28- 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. More businesses in the United States and Europe upgraded...

  • Western Digital tops Street 1Q forecasts Tuesday, 28 Oct 2014 | 4:33 PM ET

    IRVINE, Calif. _ Western Digital Corp. on Tuesday reported fiscal first-quarter profit of $423 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share. Analysts expected $3.88 billion, according to Zacks.

  • Western Digital quarterly revenue rises 4 pct Tuesday, 28 Oct 2014 | 4:23 PM ET

    Oct 28- 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.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • Midday movers: Abbott, Northern Trust, Tesla & More Wednesday, 16 Jul 2014 | 1:02 PM ET
    Trader on the floor of the New York Stock Exchange.

    Some of Wednesday's midday movers:

  • Investors missing out on these hot stocks: Cramer Monday, 14 Jul 2014 | 11:36 AM ET
    Jim Cramer

    "This group is where the action is and I gotta tell ya, people are still under invested," says CNBC's Jim Cramer.

  • Its shares have slumped 16 percent since Chief Executive Officer Kevin Murai warned earlier in July that increased demand was already waning from companies buying new computers to upgrade their operating systems after Microsoft Corp stopped supporting Windows XP in April.

  • Cramer: Six buyable themes in second half Tuesday, 1 Jul 2014 | 6:08 PM ET
    Jim Cramer on Mad Money.

    Cramer says the price action in Tuesday’s market is sending an important message about what to buy in the days ahead.

  • The 800-pound gorilla in the cloud IPO room Tuesday, 17 Jun 2014 | 6:00 AM ET
    Arash Ferdowsi and Drew Houston, co-founders of Dropbox

    Dropbox has raised more than $1 billion in venture capital, the biggest bet that cloud-based collaboration is the future of the enterprise.

  • SanDisk to buy Fusion-io for $1.1 billion Monday, 16 Jun 2014 | 11:59 AM ET

    Chipmaker SanDisk said it would buy flash storage device maker Fusion-io for about $1.1 billion.

  • June 16- SanDisk Corp is buying Fusion-io Inc for about $1.1 billion to add heft to its fast-growing business of providing flash storage drives to companies.

  • SEC loses insider trading case against sTec ex-CEO Friday, 6 Jun 2014 | 6:25 PM ET

    In a loss for the SEC, a federal jury found the former CEO of sTec not liable for trading on inside information ahead of a secondary stock offering.

  • The case in Santa Ana, California, was one of the largest U.S. insider trading enforcement actions to go to trial, and is another setback for the SEC on the heels of an insider trading trial loss a week earlier in New York.

  • The Securities and Exchange Commission "ignored actual evidence" that failed to support its case of wrongdoing against former sTec Inc CEO Manouchehr Moshayedi, defense attorney Patrick Gibbs said during closing arguments in a trial in U.S. District Court in Santa Ana, California.

  • Nexenta makes open source-based "software-defined storage", which a client uses to save data on hardware from other vendors, thereby avoiding costly' package deals' that require buying hardware and software from the same vendor such as NetApp Inc or EMC Corp..

  • This is the stockpicker who beat Ackman & Einhorn Monday, 5 May 2014 | 7:00 AM ET

    The Ira Sohn Investment Conference gets underway, with a bevy of high-profile managers set to give their picks.

  • Thai crisis unsettles investors, may deter new money Sunday, 26 Jan 2014 | 4:24 PM ET

    Long-term foreign investors say they are sticking with Thailand despite its political woes but the threat of worsening chaos may scare away new money.

  • Top 3 cheap stocks to buy now: Pro Monday, 6 Jan 2014 | 1:57 PM ET

    Three picks promise strong returns for the coming year, Lyrical Asset Management's Andrew Wellington says.

  • 'Fast Money' Rewind: The week in review for Nov. 22 Friday, 22 Nov 2013 | 3:04 PM ET

    The traders covered it all on a big week of "Fast Money."

  • Your first trade for Thursday Wednesday, 20 Nov 2013 | 1:33 PM ET

    The "Fast Money" traders share their final trades of the day.