Posts tagged as: wd

Western Digital down 3 percent after disappointing guidance report on fiscal first quarter

Western Digital lowered its forecast for the first fiscal quarter ending September 30. The guidance report on the quarter inflicted the stock that was 3 percent down at the end of the week Friday. The company has lowered its forecast on sales from $4.2-$4.3 Billion to $3.9-$4 Billion due to the lack of demand in […]

Western Digital shares move up after analysts move the rating up to strong buy

Seagate Technology and Western Digital, the two major digital storage hard disc drive providers are facing entirely differing situations in the stock market. Seagate, the temporary market leader for a better part of 2012 saw a downward motion in its stock on Thursday while WD was up on the graph. The stock changed colour when […]

Western Digital reclaims the spot as the largest hard disk drive supplier, report says

Western Digital has won back the top spot in the global ranking of hard disk drive shipments in the second quarter 2012, said a new report from IHS iSuppli. The top position went to Seagate temporarily when WD’s Thailand plant was hit by flooding last year. The monsoon flooding in Thailand destroyed some parts of […]

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