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Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:43 EDTSTX, WDCWestern Digital, Seagate should be bought before next leg up, says Brean Capital
Brean Capital said Western Digital (WDC) and Seagate (STX) should be bought ahead of the next leg up and believes both remain structurally attractive heading into quarterly results. The firm expects operating margins to continue and sees cash flow valuation as dramatically underappreciated. Both are Buy rated.
News For WDC;STX From The Last 14 Days
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March 31, 2015
07:19 EDTSTX, WDCWestern Digital Seagate estimates lowered below consensus at Stifel
Stifel lowered its Q3 and Q4 estimates for Western Digital (WDC) and Seagate (STX) below consensus levels to reflect weaker than expected HDD demand for Q3 and the firm's belief that trends will be flattish into Q4. The firm keeps a Buy rating on Western Digital ,citing what it sees as the company's positive enterprise portfolio positioning, its ability to leverage a more variable costs model, and its positive free cash flow outlook. It keeps a Hold rating on Seagate.
March 23, 2015
08:03 EDTSTXSeagate Q2 visibility remains limited, says BofA/Merrill
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March 22, 2015
17:01 EDTWDCWestern Digital, PACCAR, two others look discounted, Barron's says
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March 19, 2015
09:16 EDTSTXPope Resources appoints John Lamb to VP and CFO effective April 20
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