Western Digital (WDC) Tops Q1 EPS by 26c, Beats on Revenues

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Seagate pledges not to buy stake in Toshiba chip unit for 10 years: Bain document

October 26, 2017 5:43 AM EDT

TOKYO/SAN FRANCISCO (Reuters) - Seagate Technology PLC (NASDAQ: STX), a member of the group taking over Toshiba Corp's chip unit, pledged not to buy any stake in the unit for 10 years as part of the $18 billion deal, showed a document from group leader Bain Capital LP reviewed by Reuters.

The pledge was made as Toshiba's chip joint venture partner Western Digital Corp (NASDAQ:... More

Western Digital (WDC): Expecting A Beat And Raise - Cowen

October 24, 2017 7:03 AM EDT

Cowen analyst, Karl Ackerman, reiterated his Outperform rating on shares of Western Digital Corp. (NASDAQ: WDC) and expects the company to beat Street consensus for the SeptQ w/ EPS potentially $3.60+. He also sees upside to DecQ guidance as the NAND biz offsets some... More