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Stock Market & Financial Investment News

News Breaks
December 10, 2012
11:39 EDTWDC, STXAppeals court affirms ruling in Rembrandt case against Western Digital, Seagate
The U.S. Court of Appeals for the Federal Circuit affirmed a lower court ruling in a patent infringement suit brought by Rembrandt Data Storage against Western Digital (WDC) and Seagate Technology (STX). In its 10-Q filed last month, Western Digital said, "After a favorable claim construction ruling by the court, Western Digital secured a stipulation from [Rembrandt] to dismiss the case. [Rembrandt] has appealed the Courtís claim construction ruling, and the parties await a hearing on the appeal." The asserted patents allegedly relate to specific thin film heads having solenoid coils, according to Western Digital's quarterly filing. Reference Link
News For WDC;STX From The Last 14 Days
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August 31, 2014
13:58 EDTSTXBrean Capital to hold a conference
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August 26, 2014
08:04 EDTSTXSeagate says shipping 8TB hard disk drives
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August 25, 2014
18:27 EDTWDCOn The Fly: After Hours Movers
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16:17 EDTWDCWestern Digital CFO Leyden to retire, Olivier Leonetti to succeed
Western Digital (WDC) announced that CFO Tim Leyden is retiring. He is being succeeded by Olivier Leonetti, who has served as vice president, finance at Amgen (AMGN) from 2011. Leyden will remain with the company through January 2015 in a transition role and advisory capacity to president and chief executive officer Steve Milligan and to Leonetti for an interim period to ensure a smooth transition. The changes are effective as of September 8.

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