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Stock Market & Financial Investment News

News Breaks
January 30, 2013
09:36 EDTHTCHHutchinson Technology upgraded to Buy from Hold at Noble Financial
News For HTCH From The Last 14 Days
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August 1, 2014
11:18 EDTHTCHHutchinson Technology upgraded to Buy from Hold at Craig-Hallum
07:21 EDTHTCHHutchinson Technology sees Q4 suspension assembly shipments 110M-115M
The company expects its suspension assembly shipments in Q4 to be 110M-115M as customers' production plans for hard disk drives increase and the company's participation on customers' programs improves. Q4 average selling price is expected to be relatively flat sequentially with DSA suspension assemblies accounting for 25%-30% of Q4 shipments. The company expects Q4 gross profit to increase on a sequential basis as higher shipments and the benefits of cost reductions are partially offset by a reduction in finished goods inventories.
07:19 EDTHTCHHutchinson Technology reports Q3 EPS (32c), consensus (34c)
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