Western Digital Corporation (WDC) stock prices updated...
 

Western Digital Corporation stock price

Western Digital Corporation latest news:


  • 11/09/2017 15:59:39

    BRIEF-Western Digital to resume potential share repurchases

    * Western Digital announces authorization to resume potential share repurchases Source text for Eikon: Further company coverage:

  • 10/26/2017 16:17:35

    Western Digital will not drop merger objections in Toshiba talks: CEO

    (Reuters) - Western Digital Corp on Thursday refused demands from Toshiba Corp that it drop a set of legal rights it believes would allow the company to block Toshiba's $18 billion sale of its memory chip unit to SK Hynix as part of negotiations over a joint chip investment between Toshiba and Western Digital.

  • 10/26/2017 15:48:32

    Western Digital will not drop merger objections over Toshiba investment: CEO

    (Reuters) - Western Digital Corp on Thursday refused demands from Toshiba Corp that it drop a set of legal rights it believes would allow the company to block Toshiba's $18 billion sale to SK Hynix as part of negotiations over a joint chip investment between Toshiba and Western Digital.

  • 10/26/2017 15:23:42

    Western Digital shares rise after earnings beat

    Western Digital Corp. shares declined in the extended session Thursday after the computer memory company topped Wall Street expectations for the quarter. Western Digital shares rose 2% to $90.99, following an earlier decline after hours. The company reported fiscal first-quarter net income of $681 million, or $2.23 a share, compared with a loss of $366 million, or $1.28 a share, in the year-ago period. Adjusted earnings were $3.56 a share. Revenue rose to $5.18 billion from $4.71 billion in the year-ago period. Analysts surveyed by FactSet had estimated earnings of $3.31 a share on revenue of $5.13 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/26/2017 14:19:20

    BRIEF-Western Digital reports Q1 earnings $2.23/shr

    Western Digital Corp(WDC). * Western Digital(WDC) 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 Source text for Eikon: Further company coverage:

  • 10/26/2017 14:15:32

    Western Digital quarterly revenue rises 9.9 pct

    Data-storage device maker Western Digital Corp (WDC) reported a 9.9 percent jump in quarterly revenue on strong demand for its memory chips from smartphone makers and datacenter operators. The company posted a net income of $681 million, or $2.23 per share, in the first quarter ended Sept. 29, compared with a net loss of $366 million, or $1.28 per share, a year earlier.

  • 10/12/2017 11:29:52

    Western Digital Announces Tech Breakthrough for Hard Drives


  • 10/05/2017 01:00:11

    Bain aims to settle with Western Digital on Toshiba chips

    The investment fund heading the consortium buying the memory chip business of Toshiba Corp. says it will try to reach a speedy settlement with Western Digital, Toshiba's U.S. joint venture partner that is opposing the sale

  • 10/02/2017 07:05:37

    Top Analyst Upgrades and Downgrades: AbbVie, Baker Hughes, CSX, Micron, Nucor, PepsiCo, Western Digital and More


  • 09/20/2017 20:18:24

    Toshiba prepares to formalize chips sale, even as rejected suitor steps up legal action

    Japan's Toshiba Corp (TOSBF) is expected to formalize the sale of its prized memory chip unit on Thursday to a group led by U.S. private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital (WDC) took fresh legal action.

  • 09/20/2017 17:42:39

    Western Digital takes legal step to stop Toshiba memory investment

    Western Digital Corp(WDC) filed its latest legal action against joint-venture chip partner Toshiba Corp (TOSBF) for moving to invest in a new flash memory production line without its help, the U.S. company said on Wednesday.

  • 09/20/2017 11:49:49

    UPDATE 5-Toshiba to sell chip unit to Bain Capital-led group for $18 bln

    * Western Digital would not agree to terms on future stake -source (Adds Breakingviews link)

  • 09/20/2017 09:57:00

    BRIEF-Western Digital says "disappointed" with Toshiba’s intent to sell flash JV interests to SK Hynix, Bain Capital

    Western Digital Corp(WDC): * Western Digital(WDC) comments on Toshiba’S intent to transfer flash JV interests to a consortium led by SK Hynix and Bain Capital.

  • 09/19/2017 12:09:18

    Exclusive: Toshiba flips back towards Western Digital group for chip unit sale - sources

    TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , people familiar with the deal said.

  • 09/19/2017 11:37:17

    Exclusive: Toshiba flips back to favoring Western Digital group for chip unit sale - sources

    TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , just days after saying it was leaning toward a rival bid including a South Korean chipmaker, people familiar with the deal said in the latest in a series of twists for the critical deal.

  • 09/14/2017 20:59:18

    Bain says would honour Western Digital contract in Toshiba chip venture

    TOKYO, Sept 15 (Reuters) - Bain Capital confirmed it brought in several strategic partners to bolster its bid for Toshiba Corp's memory chip business, after the Japanese company agreed to accelerate talks with a group led by the U.S. private equity firm.

  • 09/13/2017 23:14:56

    UPDATE 1-Toshiba says Western Digital overstating rights over chip business

    * Toshiba says fully committed to completing sale by March 2018

  • 09/13/2017 22:23:15

    Toshiba says Western Digital overstates its rights over chip business

    TOKYO (Reuters) - Toshiba Corp said business partner Western Digital Corp overstated its rights over a chip business unit that the Japanese conglomerate was trying to sell, showing the two sides remained at loggerheads over the $18 billion auction.

  • 09/12/2017 21:50:59

    UPDATE 1-Toshiba to step up chip talks with Bain, Western Digital still in running -Nikkei

    * Aims to reach agreement with the Bain group next week -sources (Recasts with Nikkei report, adds background)

  • 09/11/2017 17:38:22

    Western Digital-led group wins bid for Toshiba chip unit: Nikkan Kogyo

    (Reuters) - Toshiba Corp has decided to sell its memory chip unit to a group led by Western Digital Corp for about 2 trillion yen ($18.29 billion), Japan's Nikkan Kogyo newspaper said, without citing sources.

  • 09/11/2017 16:36:17

    Western Digital-led group wins bid for Toshiba chip unit - Nikkan Kogyo

    Toshiba Corp(TOSBF) has decided to sell its memory chip unit to a group led by Western Digital Corp (WDC) for about 2 trillion yen, Japan's Nikkan Kogyo newspaper said, without citing sources. The company plans to take a decision on Sept. 13 and make the decision official on Sept. 20, according to the report. http://bit.ly/2jjrNyd. Reuters could not immediately confirm the development.

  • 09/06/2017 19:17:34

    Western Digital in talks for stake in Toshiba chip unit after an IPO: Kyodo

    TOKYO (Reuters) - Western Digital Corp is in talks to gain voting rights of just under 16 percent in Toshiba Corp's memory chip unit on the assumption that it will be listed in the future, Kyodo news agency reported on Thursday.

  • 09/01/2017 01:17:59

    Western Digital CEO apologizes to Toshiba for friction over chip unit sale

    TOKYO (Reuters) - The head of Western Digital Corp apologized to Toshiba Corp's CEO for strained ties after it sued the Japanese company to keep their memory chip joint venture from being sold to rival bidders, according to a letter dated Aug. 11.

  • 08/30/2017 23:14:39

    Toshiba continues chip-unit negotiations with three potential buyers

    Toshiba Corp. said late Wednesday that it is in ongoing negotiations with three potential buyers for its memory chip unit. In a statement, Toshiba said the suitors include a consortium led by Bain Capital and, reportedly, Apple Inc.; a consortium that includes Western Digital Corp. ; and a consortium that includes Hon Hai Precision Industry Co. , aka Foxconn. While Toshiba originally sought an Aug. 31 deadline to sell its chip unit, the company said negotiations have not yet reached a point where the board is ready to agree to a sale. Toshiba is seeking to sell its chip unit to raise capital, reportedly around $18 billion, following massive losses by its U.S. nuclear subsidiary, Westinghouse Electric Co., which filed for bankruptcy earlier this year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/30/2017 21:51:58

    Toshiba misses own deadline for chip unit deal, continues talks with three suitors

    Japan's embattled Toshiba Corp (TOSBF) said it would continue negotiating with three bidding groups for its prized memory chip unit, failing to seal a deal by its self-imposed deadline of Thursday. Toshiba's (TOSBF) board met earlier in the day to review a $17 billion offer by a consortium led by Western Digital (WDC), as well as bids from groups led by Bain Capital and by Hon Hai Precision Industry.

  • 08/30/2017 13:38:15

    UPDATE 3-Bain adds Apple for last-minute $18 bln Toshiba chip unit bid -sources

    * Bain bid about $18 bln, trumps Western Digital offer -source

  • 08/30/2017 04:27:50

    Bain-led consortium in last-minute $18 bln bid for Toshiba chip unit -source

    * Bain group includes new member Apple (AAPL) -source. * Bain bid about $18 bln, trumps Western Digital (WDC) offer -source. * Talks between Toshiba (TOSBF) and Western Digital (WDC) have stalled -sources. By Kentaro Hamada.

  • 08/28/2017 14:51:34

    Western Digital acquires startup UpThere for cloud storage

    Western Digital Corp. announced Monday afternoon that it has acquired the assets of startup Upthere, an app-based cloud-storage offering meant to challenge services like Dropbox. Terms of the deal were not announced. Western Digital, known for storage hardware, will incorporate the Upthere services into its consumer offerings and place Barbara Nelson in charge of its cloud services division. UpThere received $77 million in venture funding in July 2016, led by Western Digital's capital-investment arm and well-known Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers. Upthere, which counts two former Apple executives among its co-founders, wanted users to upload content such as photos, music, documents and more to their platform and access them from anywhere. Another Apple veteran, Chris Bourdon, was acting as chief executive at Upthere and will join Western Digital as a "strategic leader." Western Digital shares did not move in late trading after the announcement Monday, but have gained more than 33% so far this year, beating the S&P 500 index's gain of 9.1% in that time.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/27/2017 21:20:23

    Western Digital CEO in Japan to finalize Toshiba chip deal: source

    TOKYO (Reuters) - Western Digital Corp's chief executive is in Tokyo to finalize an agreement to buy Toshiba Corp's memory chip business, ending months of dispute over the auction, a person familiar with the matter told Reuters on Monday.

  • 08/27/2017 21:17:36

    Western Digital CEO in Japan to finalise Toshiba chip deal -source

    TOKYO, Aug 28 (Reuters) - Western Digital Corp's chief executive is in Tokyo to finalise an agreement to buy Toshiba Corp's memory chip business, ending months of dispute over the auction, a person familiar with the matter told Reuters on Monday.

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