After Yesterday's Decline of 2.86%, Western Digital Offers Investors Better Value
Comtex SmarTrend(R) - Mon Aug 01, 12:39PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $46.13 to a high of $47.69. Yesterday, the shares fell 2.9%, which took the trading range below the 3-day low of $47.05 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WDC: 46.07 (-1.44)
SmarTrend Watching for Potential Rebound in Shares of Western Digital After 2.86% Loss
Comtex SmarTrend(R) - Mon Aug 01, 12:38PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $46.13 to a high of $47.69. Yesterday, the shares fell 2.9%, which took the trading range below the 3-day low of $47.05 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WDC: 46.07 (-1.44)
Storage Stocks to Report Earnings on Aug 2: STX, TDC & QUMU
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:32AM CDT
Among the companies slated to report this week, let's see what's in store for these three Storage device stocks, all of which are scheduled to report earnings results on Aug 2.
QUMU: 3.70 (-0.09), STX: 32.43 (+0.40), TDC: 28.39 (+0.01), WDC: 46.07 (-1.44)
Western Digital (WDC) Stock Falls Despite Q4 Earnings Beat
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:23AM CDT
Western Digital Corp. (WDC) reported fourth-quarter fiscal 2016 non-GAAP earnings per share of 79 cents, which beat the Zacks Consensus Estimate of 72 cents per share.
BOX: 11.87 (+0.22), FB: 124.31 (+0.37), STX: 32.43 (+0.40), WDC: 46.07 (-1.44)
Western Digital Announces Financial Results for Fourth Quarter and Fiscal Year 2016
BusinessWire - Thu Jul 28, 3:27PM CDT
Western Digital Corp. (NASDAQ: WDC) today reported revenue of $3.5 billion and a net loss of $351 million, or $1.34 per share, for its fourth fiscal quarter ended July 1, 2016. On a non-GAAP basis, fourth quarter net income was $208 million, or $0.79 per share. In the year-ago quarter, the company reported revenue of $3.2 billion and net income of $220 million, or $0.94 per share. Non-GAAP net income in the year-ago quarter was $356 million, or $1.51 per share.
WDC: 46.07 (-1.44)
Next Resistance Level for Western Digital (WDC) is $54.89
Comtex SmarTrend(R) - Wed Jul 27, 8:37AM CDT
Shares of Western Digital (NYSE:WDC) opened today above their pivot of $53.21 and have already reached the first level of resistance at $54.31. Investors may be interested in a cross of the next upside pivot targets of $54.89 and $56.57.
WDC: 46.07 (-1.44)
Storage Stocks Set to Report Earnings on Jul 28: WDC & DTLK
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:02AM CDT
Two storage solution providing companies, Western Digital (WDC) and Datalink Corp. (DTLK), are slated to report earnings on Jul 28.
DTLK: 8.94 (+0.36), TWTR: 16.64 (unch), WDC: 46.07 (-1.44), AAPL: 106.05 (+1.84)
Upthere Launches Breakthrough Personal Storage Service, Announces $77 Million in Funding
BusinessWire - Wed Jul 27, 6:35AM CDT
--KPCB and Western Digital lead funding
WDC: 46.07 (-1.44)
Look for Shares of Western Digital to Potentially Pullback after Yesterday's 2.71% Rise
Comtex SmarTrend(R) - Tue Jul 26, 1:26PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $52.10 to a high of $53.64. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $52.96 on volume of 2.5 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: 46.07 (-1.44)
Watch for Western Digital to Potentially Pullback After Gaining 2.71% Yesterday
Comtex SmarTrend(R) - Tue Jul 26, 1:24PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $52.10 to a high of $53.64. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $52.96 on volume of 2.5 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: 46.07 (-1.44)
Western Digital Announces World's First 64 Layer 3D NAND Technology
BusinessWire - Tue Jul 26, 8:00AM CDT
Western Digital Corp. (NASDAQ: WDC) today announced that it has successfully developed its next generation 3D NAND technology, BiCS3, with 64 layers of vertical storage capability. Pilot production of the new technology has commenced in the Yokkaichi, Japan joint venture facilities and initial output is expected later this year. Western Digital expects meaningful commercial volumes of BiCS3 in the first half of calendar 2017.
WDC: 46.07 (-1.44)
Western Digital's (WDC) Q4 Earnings: Stock to Surprise?
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 7:54AM CDT
Western Digital Corp. (WDC) is set to report fourth-quarter fiscal 2016 results on Jul 28.
OTEX: 61.42 (+0.49), STX: 32.43 (+0.40), WDC: 46.07 (-1.44), CTL: 31.02 (-0.42)
After Yesterday's Rally of 5.58% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jul 12, 1:19PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $50.75 to a high of $52.35. Yesterday, the shares gained 5.6%, which took the trading range above the 3-day high of $50.49 on volume of 5.2 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: 46.07 (-1.44)
Watch for Western Digital to Potentially Pullback After Gaining 5.58% Yesterday
Comtex SmarTrend(R) - Tue Jul 12, 1:18PM CDT
Western Digital (NYSE:WDC) traded in a range yesterday that spanned from a low of $50.75 to a high of $52.35. Yesterday, the shares gained 5.6%, which took the trading range above the 3-day high of $50.49 on volume of 5.2 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: 46.07 (-1.44)
PC Shipments Down in Q2 but 2H16 Will Be Better: Gartner, IDC
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 11:13AM CDT
The preliminary data released by Gartner and IDC showed that PC shipments falls again in second-quarter 2016, marking the seventh straight quarter of decline.
STX: 32.43 (+0.40), GOOGL: 800.94 (+9.60), IT: 100.04 (-0.21), INTC: 34.85 (-0.01), MSFT: 56.58 (-0.10), WDC: 46.07 (-1.44), AAPL: 106.05 (+1.84), HPQ: 14.18 (+0.17)
Seagate Stock Up on Favorable Preliminary Numbers, Job Cuts
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 8:38AM CDT
Seagate Technology Public Limited Company (STX) announced its preliminary results for the fourth quarter of fiscal 2016 yesterday.
BOX: 11.87 (+0.22), STX: 32.43 (+0.40), SSYS: 20.09 (-0.85), WDC: 46.07 (-1.44)
Western Digital Sets July 28 for Q4 Fiscal 2016 Financial Results Conference Call/Webcast
BusinessWire - Mon Jul 11, 4:30PM CDT
Western Digital Corp. (NASDAQ: WDC) today announced that the company plans to release its financial results for the fourth fiscal quarter ended July 1, 2016 after the close of the market on Thursday, July 28, 2016. The investment community conference call to discuss these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern. The live and archived conference call/webcast can be accessed online at investor.wdc.com. The telephone replay number is 1-(855) 859-2056 in the U.S. or +1-(404) 537-3406 for international callers. The required passcode is 46180701.
WDC: 46.07 (-1.44)
Coverage Initiated on Select Data Storage Devices Equities
ACCESSWIRE - Mon Jul 11, 8:16AM CDT
LONDON, UK / ACCESSWIRE / July 11, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Data Storage Devices industry. Companies recently under review include EMC Corp., Brocade Communications Systems, Seagate Technology, and Western Digital. See our complete notes on EMC Corp. at:
STX: 32.43 (+0.40), EMC: 28.36 (+0.08), WDC: 46.07 (-1.44), BRCD: 9.22 (-0.08)
EMC-Dell Merger Receives Advisory Firms' Endorsement
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 5:20PM CDT
The mammoth EMC Corporation (EMC)-Dell deal has received endorsement from three high profile proxy advisory firms ahead of EMC's special shareholders meet on Jul 19, 2016.
VMW: 72.49 (-0.49), NMBL: 7.29 (-0.15), EMC: 28.36 (+0.08), WDC: 46.07 (-1.44)
Company News for July 08, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:10AM CDT
Companies In The News Are: PEP,WMAV,DANOY,WDC,AVG
AVG: 24.74 (+0.01), WDC: 46.07 (-1.44), PEP: 108.93 (+0.01)