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Western Digital Corp (WDC.O)

WDC.O on Nasdaq

67.71USD
9 Dec 2016
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Tue, Nov 1 2016

BRIEF-Avnet expands distribution agreement with Western Digital into China to help meet growing data challenges

* Avnet inc - to offer hgst-branded products and solutions in china, products will be available through Avnet global computing components business unit

BRIEF-Western Digital Q1 non-gaap earnings per share $1.18

* Western digital announces financial results for first fiscal quarter 2017

BRIEF-Western digital reports CEO Stephen D. Milligan's compensation

* Says CEO Stephen D. Milligan FY 2016 total compensation $10.5 million versus $11.7 million in FY 2015 - SEC filing

BRIEF-DIO to invest 547.6 mln won to set up JV in Japan

* Says the company will invest 547.6 million won to set up joint venture in Japan, with a Japan-based dental service company

BRIEF-Western Digital sees Q1 non-GAAP earnings per share $1.00 to $1.05

* Company now expects Q1 EPS, on a non-GAAP basis to be in range of $1.00 to $1.05

BRIEF-Western digital announces successful repricing and prepayment Term B loans

* Western Digital announces successful repricing of $3.0 billion Term B loans and prepayment of $750 million Term B loans

Fitch Rates Western Digital's $3B Senior Secured Term Loan B-1 'BBB-/RR1'

(The following statement was released by the rating agency) CHICAGO, August 11 (Fitch) Fitch Ratings has assigned a rating of 'BBB-/RR1' to Western Digital Corporation's (Western Digital) $3 billion seven-year Senior Secured Term Loan B-1. The company's Long-Term Issuer Default Rating (IDR) is currently 'BB+', and the Rating Outlook is Stable. A full list of current ratings follows at the end of this release. Western Digital amended the April 29, 2016 Existing Loan Agreement to establish Ne

BRIEF-Western Digital Q4 loss per share $1.34

* Western Digital announces financial results for fourth quarter and fiscal year 2016

BRIEF-Western Digital says 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

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