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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:39 EDTWDCWestern Digital upgraded to Buy from Hold at Craig-Hallum
Craig-Hallum upgraded Western Digital based on signs of stabilization in the PC market, substantial free cash flow generation that could be used to return cash to shareholders or make acquisitions,and HGST cost synergies and operations rationalization. Price target raised to $100 from $70.
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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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