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Stock Market & Financial Investment News

News Breaks
January 21, 2014
07:38 EDTWDC, STXWestern Digital; Seagate remain dramatically undervalued, says RW Baird
Baird believes both Western Digital (WDC) and Seagate (STX) remain dramatically undervalued from both industry gross margin growth expectations and EV/FCF perspectives. Both are rated Outperform with a $125 price target on Western Digital while Seagate has a $70 price target.
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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