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Stock Market & Financial Investment News

News For STX;WDC From The Last 14 Days
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April 16, 2015
06:31 EDTWDCWestern Digital assumed with an Overweight at JPMorgan
Price target lowered to $105 from $115.
06:31 EDTSTXSeagate assumed with a Neutral at JPMorgan
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April 15, 2015
10:00 EDTWDC, STXOn The Fly: Analyst Initiation Summary
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06:07 EDTSTXSeagate initiated with a Buy at Maxim
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06:07 EDTWDCWestern Digital initiated with a Buy at Maxim
Target $131.
April 14, 2015
10:01 EDTSTX, WDCOn The Fly: Analyst Upgrade Summary
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06:25 EDTWDCWestern Digital upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded Western Digital to Buy and maintained its $117 price target. The firm believes fundamentals have bottomed and valuation is attractive at current levels. BofA/Merrill lowered estimates on further PC weakness but said pricing is holding up and the mix shift to capacity HDDs is driving ASP and margin improvement.
06:25 EDTSTXSeagate upgraded to Neutral from Underperform at BofA/Merrill
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April 13, 2015
07:24 EDTWDCWestern Digital added to Franchise Pick List at Jefferies
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April 12, 2015
16:46 EDTSTXIntel, Seagate may rise despite potentially weak earnings reports, Barron's says
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April 10, 2015
07:23 EDTSTXSeagate April volatility elevated into Q3 and outlook
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April 9, 2015
18:11 EDTSTXWorldwide PC shipments decline 6.7% in Q1, IDC says
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April 7, 2015
15:03 EDTSTXSeagate April volatility elevated
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09:35 EDTSTXActive equity options trading on open
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08:06 EDTSTXSeagate says LaCie doubles capacity of Rugged Thunderbolt SSD
LaCie, the premium brand from Seagate Technology, announced that its Rugged Thunderbolt storage solution will be available in a 1 TB SSD capacity. With double the storage, the new LaCie Rugged is just as portable with no size or weight increase compared to the 500 GB offering.
April 6, 2015
15:58 EDTWDCNeedham says an acquisition of SanDisk is unlikely
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13:35 EDTWDC, STXSanDisk climbs after being identified as 'excellent' takeover target
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10:58 EDTWDCWestern Digital calls active on SanDisk speculation.
Western Digital (WDC) May 92 and 97 are active on 2,500 contracts versus 200 puts following a report by Susquehanna that speculates the company should consider an acquisition of SanDisk (SNDK). The firm believes Western Digital acquiring SanDisk's NAND supply and flash IP would be a transformational move for the company and a 35% premium, or $86 per share, purchase price for SanDisk would be accretive by year two.
08:33 EDTWDCWestern Digital acquisition of SanDisk would be compelling, says Susquehanna
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April 5, 2015
08:43 EDTSTXAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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