Western Digital Separation on Track for 2H 2024 [MarketWatch]
Western Digital Corporation (WDC)
Last western digital corporation earnings: 4/30 04:01 pm
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Source: MarketWatch
The data-storage company said Tuesday that its current CEO David Goeckeler will take the top job of the flash-memory business that Western Digital expects to spin off. Advertisement Irving Tan, Western Digital's current executive vice president of global operations, will step up as chief executive of the remaining standalone business that makes traditional hard drives for computers and will continue operating as Western Digital. The new appointments will be effective when the planned separation is completed. Western Digital said it has made significant progress toward completing the break-up in the second half of 2024. Separation teams are establishing legal entities in the 18 countries in which the company operates, finishing final preparations for regulatory filings and designing organizational structures for both companies, Western Digital said. Write to Dean Seal at dean.seal@wsj.com
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News
- Western Digital Co. (NASDAQ: WDC) had its price target raised by analysts at Evercore ISI from $80.00 to $85.00. They now have an "outperform" rating on the stock.MarketBeat
- Western Digital Co. (NASDAQ: WDC) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $85.00 price target on the stock.MarketBeat
- Western Digital (WDC) Q3 Earnings & Revenues Beat Estimates [Yahoo! Finance]Yahoo! Finance
- Western Digital Co. (NASDAQ: WDC) had its price target raised by analysts at Robert W. Baird from $65.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
- Western Digital Co. (NASDAQ: WDC) had its price target raised by analysts at Morgan Stanley from $83.00 to $86.00. They now have an "overweight" rating on the stock.MarketBeat
WDC
Earnings
- 4/25/24 - Beat
WDC
Sec Filings
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- 4/8/24 - Form 144
- WDC's page on the SEC website