Stocks Narrowly Higher; Midwest Manufacturing Pops In March
at Investor's Business Daily - Thu Mar 31, 9:49AM CDT
Stocks stuck to their thin, early gains Thursday as investors appeared set to hold fire ahead of Friday's March payrolls report. The Nasdaq led, up 0.2%. The Dow and S&P 500 held to fractional gains. Volume was weak, down 17% on the NYSE and 29%...
MDVN: 45.98 (+8.59), TSO: 86.01 (-0.46), IBM: 151.45 (+3.04), EDU: 34.59 (-1.30), MXL: 18.50 (+0.61), WDC: 47.24 (+1.10), BA: 126.94 (-1.64), SNI: 65.50 (+0.67)
Micron's Q2 Loss Narrower than Expected, Guidance Weak
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 8:40AM CDT
Micron Technology Inc. (MU) reported mixed second-quarter fiscal 2016 results wherein the bottom line surpassed the Zacks Consensus Estimate but top line missed the same.
MU: 10.47 (-0.01), MLNX: 54.33 (-0.49), WDC: 47.24 (+1.10), SNDK: 76.08 (+0.13)
Western Digital Announces Pricing Of $1.875 Billion Of Senior Secured Notes And $3.35 Billion Of Senior Unsecured Notes
PR Newswire - Wed Mar 30, 5:40PM CDT
Western Digital® Corporation (NASDAQ: WDC) ("Western Digital" or the "Company"
WDC: 47.24 (+1.10)
Watch for Western Digital to Potentially Rebound After Falling 5.30% Yesterday
Comtex SmarTrend(R) - Wed Mar 30, 12:41PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $45.50 to a high of $48.34. Yesterday, the shares fell 5.3%, which took the trading range below the 3-day low of $46.71 on volume of 4.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WDC: 47.24 (+1.10)
Western Digital Falls 5.30% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Mar 30, 12:39PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $45.50 to a high of $48.34. Yesterday, the shares fell 5.3%, which took the trading range below the 3-day low of $46.71 on volume of 4.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WDC: 47.24 (+1.10)
Fitch Maintains Western Digital Ratings
BusinessWire - Tue Mar 29, 5:14PM CDT
Fitch Ratings maintains its 'BB+' Issuer Default Rating (IDR) for Western Digital Corp. (Western Digital) which was originally assigned on March 14, 2016 with a Stable Rating Outlook. Fitch also assigned 'BBB-/RR1' ratings to the senior secured debt, including credit facilities and secured senior notes, and 'BB+/RR4' ratings to the senior unsecured notes. Western Digital will use net proceeds from debt issuance to fund the pending $17 billion acquisition of SanDisk Corporation (SanDisk). A full list of current ratings follows at the end of this release.
WDC: 47.24 (+1.10)
Will Western Digital (WDC) Stock Be Helped by Bullish Analyst Note?
at The Street - Thu Mar 24, 2:12PM CDT
Western Digital (WDC) stock is lower in afternoon trading on Thursday even after Citigroup (C) wrote that it prefers the company to Seagate Technology (STX).
WDC: 47.24 (+1.10)
Western Digital Proposes $5.6 Billion Senior Notes Offerings
Zacks Equity Research - Zacks Investment Research - Wed Mar 23, 11:20AM CDT
Last week, Western Digital Corporation (WDC) proposed senior notes offering worth $5.6 billion mainly to finance the SanDisk Corporation (SNDK) buyout.
STX: 34.45 (+0.28), EMC: 26.65 (-0.05), WDC: 47.24 (+1.10), SNDK: 76.08 (+0.13)
Watch for Western Digital to Potentially Pullback After Gaining 3.88% Yesterday
Comtex SmarTrend(R) - Tue Mar 22, 12:13PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $48.51 to a high of $51.52. Yesterday, the shares gained 3.9%, which took the trading range above the 3-day high of $49.69 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WDC: 47.24 (+1.10)
After Yesterday's Rally of 3.88% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Mar 22, 12:11PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $48.51 to a high of $51.52. Yesterday, the shares gained 3.9%, which took the trading range above the 3-day high of $49.69 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WDC: 47.24 (+1.10)
Western Digital (WDC) Breaks Through Support at $48.63
Comtex SmarTrend(R) - Tue Mar 22, 8:48AM CDT
Western Digital (NYSE:WDC) has opened bearishly below the pivot of $49.16 today and has reached the first level of support at $48.63. Analysts will be watching for a cross of the next downside pivot targets of $47.97 and $46.78.
WDC: 47.24 (+1.10)
Western Digital Corp. Provides Massively Scalable Object Storage For Revera Vault Cloud Storage Offering
PR Newswire - Tue Mar 22, 2:01AM CDT
Helping the world harness the power of data, Western Digital Corporation (NASDAQ: WDC) today announced that Revera, New Zealand's leading cloud services provider, has installed the HGST (@HGSTstorage) Active Archive System as its cloud-scale data repository for Revera Vault. Geared for deployments of all sizes - from terabytes to zettabytes, Vault relies on the HGST Active Archive System for its object store capability, capacity scaling, and unmatched data durability to optimize data accessibility and business continuity.
WDC: 47.24 (+1.10)
2 Large-Cap Dividend Favorites and 5 Stocks to Avoid Based on Charts
at The Street - Sun Mar 20, 11:00AM CDT
Recently, TheStreet highlighted Deutsche Bank's top large-cap dividend stocks from a fundamental perspective. Today in-house chartist Bruce Kamich takes a technical look.
CCI: 86.50 (-0.43), PFE: 29.64 (-0.43), IVZ: 30.77 (-0.49), WDC: 47.24 (+1.10), PLD: 44.18 (+0.51), HPQ: 12.32 (+0.02), CSCO: 28.47 (+0.01)
Deutsche Bank's 7 Favorite Large-Cap Dividend Stocks to Buy Now
at The Street - Sat Mar 19, 9:00AM CDT
As the likelihood of a June rate hike increases, income investors should look for dividend payouts from high-quality financial and health care stocks, Deutsche Bank says.
CCI: 86.50 (-0.43), PFE: 29.64 (-0.43), IVZ: 30.77 (-0.49), WDC: 47.24 (+1.10), PLD: 44.18 (+0.51), HPQ: 12.32 (+0.02), CSCO: 28.47 (+0.01)
Why Affymetrix, Western Digital, and Goldman Sachs Jumped Today
Dan Caplinger, The Motley Fool - Motley Fool - Fri Mar 18, 6:05PM CDT
Image: Western Digital. The stock market closed another successful week on Friday, and major market benchmarks climbed toward their highest levels of the year. Many market commentators focused on the impact of the Federal Reserve's decision on...
GS: 156.98 (+0.48), TMO: 141.59 (+0.80), WDC: 47.24 (+1.10), SNDK: 76.08 (+0.13), AFFX: 14.01 (+0.02)
Western Digital Tops S&P 500 After Unveiling Bond Package for SanDisk
at The Street - Fri Mar 18, 4:04PM CDT
Wall Street appears to be gaining confidence in the Western Digital-SanDisk merger as the haze surrounding its debt financing clears.
NOV: 31.10 (unch), RIG: 9.14 (+0.25), WDC: 47.24 (+1.10)
Western Digital Tops S&P 500 After Unveiling Financing for SanDisk
at The Street - Fri Mar 18, 4:04PM CDT
Wall Street appears to be gaining confidence in the Western Digital-SanDisk merger as the haze surrounding its debt financing clears.
NOV: 31.10 (unch), RIG: 9.14 (+0.25), WDC: 47.24 (+1.10)
Western Digital (WDC) Stock Up, Announces $5.6 Billion Notes Offering
at The Street - Fri Mar 18, 1:51PM CDT
Western Digital (WDC) stock is higher in afternoon trading on Friday after proposing offerings of senior secured and unsecured notes to help fund its proposed SanDisk (SNDK) merger.
WDC: 47.24 (+1.10)
Western Digital Announces Proposed Offerings Of $1.5 Billion Of Senior Secured Notes And $4.1 Billion Of Senior Unsecured Notes
PR Newswire - Fri Mar 18, 6:00AM CDT
Western Digital Corporation (NASDAQ: WDC) ("Western Digital" or the "Company"
WDC: 47.24 (+1.10), SNDK: 76.08 (+0.13)
Western Digital Could Take a Hit if Lenders Don't Buy Up $10B Merger Debt
at The Street - Thu Mar 17, 2:10PM CDT
The data-storage giant's new leveraged-loan offering will be crucial in determining its financing burden.
WDC: 47.24 (+1.10), SNDK: 76.08 (+0.13)