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Western Digital Corp (WDC.OQ)

WDC.OQ on NASDAQ Stock Exchange Global Select Market

74.91USD
17 Feb 2017
Change (% chg)

$-1.04 (-1.37%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Western Digital Q2 adj EPS $2.30
Wednesday, 25 Jan 2017 04:42pm EST 

Western Digital Corp : Western digital announces financial results for second fiscal quarter 2017 . Q2 non-gaap earnings per share $2.30 . Q2 earnings per share $0.80 . Q2 revenue $4.9 billion versus I/B/E/S view $4.76 billion .Q2 earnings per share view $2.13 -- Thomson Reuters I/B/E/S.  Full Article

Western Digital Corp renews patent cross-license agreement with Samsung<005930.KS>
Tuesday, 6 Dec 2016 04:35pm EST 

Western Digital Corp : Western Digital Corporation renews patent cross-license agreement with Samsung . Financial terms of renewed agreement were not disclosed. .Western Digital Corp - Renewed agreement will run through December 31, 2024.  Full Article

Western Digital to provide strategic update at 2016 investor day
Tuesday, 6 Dec 2016 08:00am EST 

Western Digital Corp : Western digital to provide strategic update at 2016 investor day .Western Digital Corp says reiterate that transition to 3D NAND technology continues to progress as planned.  Full Article

Avnet expands distribution agreement with Western Digital into China to help meet growing data challenges
Tuesday, 1 Nov 2016 11:00am EDT 

Avnet Inc : Avnet inc - to offer hgst-branded products and solutions in china, products will be available through Avnet global computing components business unit .Avnet expands distribution agreement with Western Digital into China to help meet growing data challenges.  Full Article

Western digital announces successful repricing and prepayment Term B loans
Thursday, 18 Aug 2016 08:00am EDT 

Western Digital Corp : Western Digital announces successful repricing of $3.0 billion Term B loans and prepayment of $750 million Term B loans . Says priced $3.0 billion of new U.S. Dollar-denominated Term B loans at an interest rate of LIBOR + 3.75% . Settled previous U.S. Dollar-denominated Term B loans with proceeds of this new loan and a voluntary cash prepayment of $750 million . Says new financing is expected to generate annual interest savings of approximately $128 million beginning on Aug. 17, 2016 .Financing reflects annual cash interest savings of about $100 million resulting from both 175 basis point reduction in interest spread.  Full Article

Western Digital Q4 loss per share $1.34
Thursday, 28 Jul 2016 04:15pm EDT 

Western Digital Corp : Western Digital announces financial results for fourth quarter and fiscal year 2016 . Q4 non-GAAP earnings per share $0.79 . Q4 loss per share $1.34 . Q4 revenue $3.5 billion versus I/B/E/S view $3.45 billion .Q4 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.  Full Article

Western Digital says Mark Long will succeed Olivier Leonetti as CFO on Sept.1
Wednesday, 6 Jul 2016 04:15pm EDT 

Western Digital Corp : Western digital announces cfo transition . Mark long will succeed olivier leonetti as cfo on sept. 1 . Q4 non-gaap gross margin is expected to be approximately 31 percent, consistent with its earlier forecast . Q4 earnings per share view $0.68, revenue view $3.41 billion -- Thomson Reuters I/B/E/S . Leonetti is leaving company to pursue other opportunities but will continue as cfo through sept. 1, 2016 . Now expects its q4 revenue to be approximately $3.46 billion, compared to its earlier forecast of $3.35 billion to $3.45 billion .Company now expects q4 eps, on a non-gaap basis, to be approximately $0.72.  Full Article

Western Digital receives notice of an unsolicited mini-tender offer to purchase up to 2.5 mln shares
Wednesday, 8 Jun 2016 08:00am EDT 

Western Digital Corp : Received notice of an unsolicited mini-tender offer to purchase up to 2.5 million shares .Recommends that stockholders do not tender their shares in response to TRC Capital's offer because offer is low.  Full Article

Western digital sees Q4 revenue between $3.35-$3.45 bln
Thursday, 26 May 2016 05:00pm EDT 

Western Digital Corp : Expects its q4 revenue in range of $3.35 billion to $3.45 billion . Expects its q4 eps on a non-gaap basis to be between $0.65 to $0.70 . New q4 guidance includes total interest costs of approximately $220 million . Q4 earnings per share view $0.90, revenue view $3.35 billion -- Thomson Reuters I/B/E/S . Western digital updates june quarter guidance to reflect contribution of recently acquired sandisk .Sees q4 non-gaap earnings per share $0.65 to $0.70.  Full Article

S&P 500 to add Alaska Air, drop SanDisk
Tuesday, 10 May 2016 04:30pm EDT 

: S&P Dow jones indices says Alaska Air Group Inc to join S&P 500 . S&P Dow jones indices says Alaska Air to replace SanDisk Corp which is being bought by Western Digital Corp . S&P Dow jones indices says changes to be made after close of trading on may 12.  Full Article

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BRIEF-Western Digital says Sanjay Mehrotra to leave board

* Sanjay Mehrotra leaves Western Digital board of directors Source text for Eikon: Further company coverage: