International Business News - WDC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Western Digital Corp. shares fell with the broader market Monday after an analyst downgraded the stock in light of slumping computer sales. Calyon Securities analyst Shebly Seyrafi downgraded the company, which makes computer hard drives, to "Reduce" from "Add" and lowered the stock's price target to $13 from $16. http://www.ibtimes.com/articles/20081117/western-digital-shares-fall-after-downgrade.htm Mon, 17 Nov 2008 11:25:04 EST Citing strong quarterly results but weaker-than-expected guidance, an analyst said Monday said he is still wary of how the economic downturn, combined with a seasonally weak March quarter, would affect hard disk drive maker Western Digital Corp. http://www.ibtimes.com/articles/20081027/baird-lowers-target-price-on-western-digital.htm Mon, 27 Oct 2008 14:31:14 EDT Western Digital Corp., which makes hard drives for computers and digital video recorders, said Thursday that profit in its first fiscal quarter tripled over the same period last year, when the results were weighed down by big charges. http://www.ibtimes.com/articles/20081023/western-digital-earnings-triple-sales-rise.htm Thu, 23 Oct 2008 18:59:51 EDT An analyst lowered his estimates and target price on hard disk drive maker Western Digital Corp. and larger rival Seagate Technology on Wednesday, citing "challenging industry conditions." http://www.ibtimes.com/articles/20081001/analyst-lowers-western-digital-seagate-targets.htm Wed, 01 Oct 2008 15:08:25 EDT Shares of Western Digital Corp. declined Friday after the hard disk drive maker gave a disappointing forecast for its fiscal first quarter, citing a difficult pricing environment and weaker demand from an "extraordinary" year-ago period. http://www.ibtimes.com/articles/20080725/western-digital-tumbles-after-outlook-disappoints.htm Fri, 25 Jul 2008 15:49:29 EDT Hard disk drive maker Western Digital Corp. said Thursday its revenue surged in its fiscal fourth quarter, bringing its profit nearly even with a year-ago period that included a hefty tax benefit. http://www.ibtimes.com/articles/20080724/western-digital-4q-profit-nearly-flat-sales-surge.htm Thu, 24 Jul 2008 17:32:21 EDT Industry conditions seem to be improving for hard disk drive maker Western Digital Corp., a Robert W. Baird analyst said Friday, raising his target price on the company's shares. http://www.ibtimes.com/articles/20080620/analyst-conditions-improving-for-western-digital.htm Fri, 20 Jun 2008 14:50:18 EDT The chief executive and president of hard drive maker Western Digital Corp. sold 18,168 shares of common stock, according to a Securities and Exchange Commission filing Thursday. http://www.ibtimes.com/articles/20080613/western-digital-ceo-sells-shares.htm Fri, 13 Jun 2008 15:52:37 EDT A Goldman Sachs analyst thinks Marvell Technology Group's fiscal first-quarter will be followed by a more difficult second half, so on Tuesday he downgraded the chip maker's stock to "Neutral" from "Buy." http://www.ibtimes.com/articles/20080527/ahead-of-the-bell-marvell-technology-group.htm Tue, 27 May 2008 08:23:10 EDT Shares of Western Digital are slumping despite solid quarterly results from the hard-drive maker, as investors fear price erosion and uncertainty in the data storage market. http://www.ibtimes.com/articles/20080425/western-digital-shares-tumble-on-pricing-concerns.htm Fri, 25 Apr 2008 13:31:28 EDT