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Western Digital Corp (WDC.OQ)

WDC.OQ on NASDAQ Stock Exchange Global Select Market

38.78USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Western Digital Announces CFO Transition Plan
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Western Digital Corp ::WESTERN DIGITAL ANNOUNCES CFO TRANSITION PLAN.WESTERN DIGITAL CORP - MARK LONG TO REMAIN FOR TRANSITION UNTIL JUNE 1, 2019.WESTERN DIGITAL CORP - MARK LONG DECIDED HE WILL STEP DOWN FROM HIS CURRENT ROLE TO PURSUE OPPORTUNITIES AS A PRIVATE EQUITY INVESTOR.  Full Article

Western Digital Q1 Earnings Per Share $1.71
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Western Digital Corp ::WESTERN DIGITAL ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER FISCAL YEAR 2019.Q1 EARNINGS PER SHARE $1.71.Q1 REVENUE $5.0 BILLION VERSUS I/B/E/S VIEW $5.14 BILLION.Q1 NON-GAAP EARNINGS PER SHARE $3.04.Q1 EARNINGS PER SHARE VIEW $3.04 -- THOMSON REUTERS I/B/E/S.Q1 RESULTS REFLECTED STRENGTH IN CAPACITY ENTERPRISE, SURVEILLANCE HARD DRIVES AND EMBEDDED FLASH SOLUTIONS.STRENGTH IN THE END MARKETS WAS OFFSET BY ONGOING DECLINES IN FLASH PRICING IN QUARTER.MORE CHALLENGING BUSINESS ENVIRONMENT CONTRIBUTING TO A MORE "CONSERVATIVE DEMAND OUTLOOK" FOR CO'S PRODUCTS."TAKING IMMEDIATE ACTIONS TO ALIGN OUR FLASH OUTPUT WITH PROJECTED DEMAND".  Full Article

Western Digital Says CEO Stephen Milligan's FY 2018 Total Compensation Was $19.7 Mln Vs $17.9 Mln In FY 2017
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Western Digital Corp ::WESTERN DIGITAL CORP SAYS CEO STEPHEN MILLIGAN'S FY 2018 TOTAL COMPENSATION WAS $19.7 MILLION VERSUS $17.9 MILLION IN FY 2017 - SEC FILING.WESTERN DIGITAL CORP SAYS PRESIDENT AND COO MICHAEL CORDANO'S FY 2018 TOTAL COMPENSATION WAS $8.5 MILLION VERSUS $9.5 MILLION IN FY 2017.WESTERN DIGITAL CORP SAYS CFO MARK LONG'S FY 2018 TOTAL COMPENSATION WAS $5.65 MILLION VERSUS $8.1 MILLION IN FY 2017.  Full Article

Western Digital- Expect Q4 Non-GAAP Earnings Per Share Of $3.40 To $3.50 - CFO, Conf Call
Thursday, 26 Apr 2018 

April 26 (Reuters) - Western Digital Corp ::WESTERN DIGITAL - ON A NON-GAAP BASIS, EXPECT Q4 REVENUE OF $5 BILLION TO $5.1 BILLION - CFO ON CONF CALL .WESTERN DIGITAL- PRESIDENT SAYS EXPECT POSSIBILITY OF A CONSTRAINED SUPPLY ENVIRONMENT IN FLASH MARKET IN SECOND HALF OF CALENDAR YEAR 2018-CONF CALL.WESTERN DIGITAL- ESTIMATE CAPACITY ENTERPRISE MARKET TO GROW AT LEAST 75% YOY IN FIRST HALF OF CALENDAR 2018, ABOVE PRIOR ESTIMATE- PRESIDENT, CONF CALL.WESTERN DIGITAL- INCREASING PRIOR ESTIMATE FOR EXABYTE GROWTH FOR THE FULL CALENDAR 2018 OF GREATER THAN 50% TO MORE THAN 65% - PRESIDENT, CONF CALL.WESTERN DIGITAL- ON A NON-GAAP BASIS, EXPECT Q4 GROSS MARGIN OF 41% TO 42%, Q4 OPERATING EXPENSES BETWEEN $840 MILLION AND $850 MILLION- CFO, CONF CALL.WESTERN DIGITAL- EXPECT Q4 NON-GAAP EARNINGS PER SHARE OF $3.40 TO $3.50 - CFO, CONF CALL.  Full Article

Western Digital Q3 Revenue $5.0 Billion
Thursday, 26 Apr 2018 

April 26 (Reuters) - Western Digital Corp ::WESTERN DIGITAL ANNOUNCES FINANCIAL RESULTS FOR THIRD FISCAL QUARTER 2018.Q3 EARNINGS PER SHARE $0.20.Q3 REVENUE $5.0 BILLION VERSUS I/B/E/S VIEW $4.93 BILLION.Q3 EARNINGS PER SHARE VIEW $3.30 -- THOMSON REUTERS I/B/E/S.Q3 NON-GAAP EARNINGS PER SHARE $3.63.  Full Article

Western Digital Announces Extension And Increase Of Term A Loans And Revolving Facility
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Western Digital Corp ::WESTERN DIGITAL ANNOUNCES CLOSING OF AMENDMENT, EXTENSION AND INCREASE OF TERM A LOANS AND REVOLVING FACILITY, CREDIT AGREEMENT AMENDMENTS AND DEBT REPAYMENTS.SAYS ‍OBTAINED A NEW $5.022 BILLION TERM LOAN A-1 FACILITY MATURING IN 2023​.SAYS ‍PROCEEDS OF TERM LOAN A-1 LOANS WERE USED TO SETTLE CO'S $4.022 BILLION TERM LOAN A MATURING IN 2021​.SAYS ‍ALSO OBTAINED COMMITMENTS FOR A $2.25 BILLION REVOLVING CREDIT FACILITY MATURING 2023​.SAYS ‍NEW REVOLVING CREDIT FACILITY REPLACED WESTERN DIGITAL'S EXISTING $1.5 BILLION REVOLVING CREDIT FACILITY MATURING IN 2021​.SAYS ‍BORROWED $500 MILLION UNDER NEW REVOLVING CREDIT FACILITY TO FUND A VOLUNTARY PREPAYMENT OF ITS USD TERM B-3 LOANS​.SAYS ‍BORROWED $500 MILLION UNDER NEW REVOLVING CREDIT FACILITY TO FUND VOLUNTARY PREPAYMENT OF USD TERM B-3 LOANS​.  Full Article

Chinese Antitrust Regulators Open Investigation Into Toshiba's Flash Memory Unit Sale- Nikkei
Thursday, 14 Dec 2017 

Dec 15 (Reuters) - NIKKEI: :CHINESE ANTITRUST REGULATORS EARLIER IN DEC OPENED INVESTIGATION INTO TOSHIBA'S PLANNED SALE OF ITS FLASH MEMORY UNIT- NIKKEI.  Full Article

Toshiba Near Resolution To Dispute With Western Digital - Bloomberg, Citing Sources
Friday, 1 Dec 2017 

Nov 30 (Reuters) - Toshiba Corp <6502.T>::TOSHIBA NEAR RESOLUTION TO DISPUTE WITH WESTERN DIGITAL - BLOOMBERG, CITING SOURCES.  Full Article

Western Digital Announces Successful $500 Mln Increase In Revolver
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Western Digital Corp ::WESTERN DIGITAL ANNOUNCES SUCCESSFUL $500 MILLION INCREASE IN REVOLVER.WESTERN DIGITAL CORP - INCREASED SIZE OF ITS EXISTING REVOLVING CREDIT FACILITY BY $500.0 MILLION TO $1.5 BILLION FROM $1.0 BILLION.WESTERN DIGITAL CORP - TERM OF UPSIZED REVOLVING CREDIT FACILITY WAS UNCHANGED AND WILL MATURE ON APRIL 29, 2021.  Full Article

Western Digital announces prepayment of €874 mln of Euro term B loans
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Western Digital Corp ::Western Digital announces prepayment of €874 mln of Euro term B loans.Made a voluntary prepayment of its euro-denominated term B-2 loans in full using cash on hand​.  Full Article

UPDATE 2-Apple cuts production orders for all 3 new iPhone models - WSJ

Nov 19 Apple Inc has cut production orders in recent weeks for all three iPhone models launched in September, the Wall Street Journal reported on Monday, citing sources.