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Western Digital Corp (WDC.OQ)

WDC.OQ on NASDAQ Stock Exchange Global Select Market

81.77USD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Toshiba Near Resolution To Dispute With Western Digital - Bloomberg, Citing Sources
Thursday, 30 Nov 2017 10:19pm EST 

Nov 30 (Reuters) - Toshiba Corp <6502.T>::TOSHIBA NEAR RESOLUTION TO DISPUTE WITH WESTERN DIGITAL - BLOOMBERG, CITING SOURCES.  Full Article

Western Digital Announces Successful $500 Mln Increase In Revolver
Wednesday, 29 Nov 2017 04:10pm EST 

Nov 29 (Reuters) - Western Digital Corp ::WESTERN DIGITAL ANNOUNCES SUCCESSFUL $500 MILLION INCREASE IN REVOLVER.WESTERN DIGITAL CORP - INCREASED SIZE OF ITS EXISTING REVOLVING CREDIT FACILITY BY $500.0 MILLION TO $1.5 BILLION FROM $1.0 BILLION.WESTERN DIGITAL CORP - TERM OF UPSIZED REVOLVING CREDIT FACILITY WAS UNCHANGED AND WILL MATURE ON APRIL 29, 2021.  Full Article

Western Digital announces prepayment of €874 mln of Euro term B loans
Friday, 17 Nov 2017 04:10pm EST 

Nov 17 (Reuters) - Western Digital Corp ::Western Digital announces prepayment of €874 mln of Euro term B loans.Made a voluntary prepayment of its euro-denominated term B-2 loans in full using cash on hand​.  Full Article

Toshiba to raise investment at Yokkaichi plant to 600 bln yen from 400 bln yen
Wednesday, 8 Nov 2017 10:58pm EST 

Nov 9 (Reuters) - Toshiba Corp <6502.T>::to increase investment in new line at Yokkaichi plant to 600 billion yen ($5.27 billion) from previous plan of 400 billion yen.will negotiate with Sandisk regarding its participation in fab 6 investment.  Full Article

Western Digital sets quarterly cash dividend of $0.50per share
Wednesday, 1 Nov 2017 11:22pm EDT 

Nov 2 (Reuters) - Western Digital Corp :Sets quarterly cash dividend of $0.50per share.  Full Article

Western Digital reports Q1 earnings $2.23/shr
Thursday, 26 Oct 2017 04:10pm EDT 

Oct 26 (Reuters) - Western Digital Corp :Western Digital announces financial results for first fiscal quarter 2018.Q1 non-GAAP earnings per share $3.56.Q1 earnings per share $2.23.Q1 revenue $5.2 billion versus I/B/E/S view $5.14 billion.Q1 earnings per share view $3.29 -- Thomson Reuters I/B/E/S.  Full Article

Toshiba "disappointed" by Western Digital's initiation of additional arbitration
Thursday, 21 Sep 2017 06:01am EDT 

Sept 21 (Reuters) - Toshiba Corp <6502.T>:Toshiba issues statement regarding request for arbitration filed by Western Digital's Sandisk concerning investment in Toshiba's fab 6​.Toshiba Corp - "has ‍not yet received a formal copy of arbitration request, and is therefore not in a position to comment regarding its substance​".Toshiba Corp says Toshiba is "disappointed" by Western Digital's initiation of additional arbitration.  Full Article

‍Moody's says Toshiba's announced sale of memory business is credit positive
Thursday, 21 Sep 2017 05:43am EDT 

Sept 21 (Reuters) - Toshiba Corp <6502.T>::‍Moody's says Toshiba's announced sale of memory business is credit positive, no immediate ratings impact​.  Full Article

Western Digital says CEO Stephen Milligan's 2017 annual compensation was $17.9 mln vs $10.5 mln in 2016
Monday, 18 Sep 2017 04:37pm EDT 

Sept 19 (Reuters) - Western Digital Corp :Western Digital Corp - CEO Stephen D. Milligan's 2017 annual compensation was $17.9 million versus $10.5 million in 2016 - SEC filing‍​.Western Digital Corp says CFO Mark Long's fy 2017 total compensation was $8.1 million - SEC filing.Western Digital Corp says COO Michael Cordano's fy 2017 total compensation was $9.5 million versus $8.3 million in fy 2016.  Full Article

Toshiba comments on Western Digital’s statement regarding NAND flash-memory collaboration ‍​
Thursday, 14 Sep 2017 10:25am EDT 

Sept 14 (Reuters) - Toshiba Corp <6502.T>::Toshiba comments on Western Digital’s statement regarding NAND flash-memory collaboration ‍​.Expects and is fully committed to completing a sale of Toshiba Memory Corporation by March 2018.Looks forward to a favorable resolution of SanDisk and Western Digital's "claims in arbitration‍​".  Full Article

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Toshiba, Western Digital end chip dispute; joint investment to resume

TOKYO Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.