Market Currents

• Thursday, October 22, 2009

• 16:23 PM Western Digital (WDC): FQ1 EPS of $1.25 beats by $0.31. Revenue of $2.2B (+4.3%) vs. $2.06B. Says demand remains strong. (PR) Comment!
• 00:10 AM Notable post-market earnings: AMZN, AXP, BNI, BRCM, BUCY, CA, CAKE, CB, COF, CPWR, DDR, ELX, EMN, INFA, JNPR, LEG, LSCC, NFLX, PMCS, RMBS, RVBD, SNV, SPWRA, SYNA, WDC, WFR Comment!

• Tuesday, July 28, 2009

• 16:24 PM Western Digital (WDC): FQ4 EPS of $0.76 beats by $0.48. Revenue of $1.9B (-5%) vs. $1.6B. Shares +3.8% AH. (PR) Comment!
• 00:10 AM Notable earnings after Tuesday's close: BDN, CBI, EQ, FIS, FTI, HTZ, IDTI, LIFE, MCK, MEE, NLC, NSC, PMTC, PSYS, SBAC, SPN, STM, STR, TE, THQI, TSS, WDC, XL Comment!

• Thursday, April 23, 2009

• 16:20 PM Western Digital (WDC): FQ3 EPS of $0.30 beats by $0.18. Revenue of $1.59B (-24.6%) vs. $1.48B. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: ACF, AMGN, AMZN, ATHR, AXP, BNI, BUCY, CAKE, CB, CF, CNW, CRBC, CYH, CYN, DDR, DDUP, DV, EMN, FII, INFA, JNPR, KLAC, MHK, MSCC, MSFT, NFLX, PKI, PMCS, RIO, RMBS, RVBD, SPWRA, STAR, STSA, SWKS, SYNA, WDC, WFR, YRCW Comment!
• 00:10 AM Notable earnings after Thursday's close: ACF, AMGN, AMZN, ATHR, AXP, BNI, BUCY, CAKE, CB, CF, CNW, CRBC, CYH, CYN, DDR, DDUP, DV, EMN, FII, INFA, JNPR, KLAC, MHK, MSCC, MSFT, NFLX, PKI, PMCS, RIO, RMBS, RVBD, SPWRA, STAR, STSA, SWKS, SYNA, WDC, WFR, YRCW Comment!

• Wednesday, January 28, 2009

• 16:28 PM Western Digital (WDC): FQ2 EPS of $0.55 beats by $0.24. Revenue of $1.82B (-17.3%) vs. $1.75B. "Against a backdrop of unprecedented global economic turmoil and a rapid intra-quarter fall off in demand for hard drives, WD acted swiftly to align production and operating expenses with significantly lower-than-originally planned unit volumes." Shares +3.1% AH. (PR) Comment!
• 15:10 PM Notable earnings after Wednesday's close: AFFX, ALL, AMP, ARG, BSX, BXP, CPWR, CTXS, CVD, FLEX, HBI, ISIL, LRCX, LSI, MTH, MTW, MUR, OI, QCOM, RHI, RYL, SBUX, SEPR, SYMC, TER, WDC Comment!
• 00:10 AM Notable earnings after Wednesday's close: AFFX, ALL, AMP, ARG, BSX, BXP, CPWR, CTXS, CVD, FLEX, HBI, ISIL, LRCX, LSI, MTH, MTW, MUR, OI, QCOM, RHI, RYL, SBUX, SEPR, SYMC, TER, WDC Comment!

• Wednesday, December 17, 2008

• 09:14 AM Western Digital (WDC) to slash 2,500 jobs - 5% of its workforce - and shut down factories for two weeks amid weak demand and steeper than expected competitive pricing. It now sees FQ2 revenue of $1.7-1.8B vs. $1.97B consensus. Comment!

• Tuesday, December 9, 2008

• 09:06 AM Electronics maker Fujitsu (FJTSY.PK) is in talks with 'several parties' to sell its hard-disk-drive business, which it expects to lose ¥10B ($107.5M) in the fiscal year ending in March 2009. Western Digital (WDC) is among the leading candidates. Comment!

• Thursday, October 23, 2008

• 16:20 PM Western Digital (WDC): FQ1 EPS of $0.93 beats by $0.12. Revenue of $2.11B (+19.4%) in-line. Shares -6.9%. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: AFFX, AFL, ARBA, BNI, BUCY, CAKE, CB, CPWR, CYN, DDR, ELX, EMN, FII, FLEX, IBKR, IDTI, IM, JNPR, LSCC, MCHP, MSFT, OLN, PKI, RIO, RMBS, RVBD, SIMG, SNV, SYNA, TRMB, VAR, WDC, WEN, WFR, YRCW Comment!
• 00:10 AM Notable earnings after Thursday's close: AFFX, AFL, ARBA, BNI, BUCY, CAKE, CB, CPWR, CYN, DDR, ELX, EMN, FII, FLEX, IBKR, IDTI, IM, JNPR, LSCC, MCHP, MSFT, OLN, PKI, RIO, RMBS, RVBD, SIMG, SNV, SYNA, TRMB, VAR, WDC, WEN, WFR, YRCW Comment!

• Thursday, October 2, 2008

• 07:34 AM Sources say Fujitsu (FJTSY.PK) is in talks to sell its money-losing hard drive business to Western Digital (WDC). Fujitsu officials deny an impending sale. Comment!