Posted by Jack Davis on May 28th, 2009 at 2:03 pm | Categorized as Docu-Drama, Seagate Technology, Western Digital | Tagged as Disk drives, Seagate Technology, Western Digital
Western Digital, the disk drive maker based in Southern California, said that demand in its current quarter is “tracking ahead of the expectations which (Western Digital) outlined in its last earnings call on April 23.” At that time, management projected sales in a range between $1.45 billion and $1.6 billion and earnings ranging from 16 to 26 cents per share.
The news was contained in a filing with the Securities and Exchange Commission ahead of Read the rest of this entry »
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Posted by Jack Davis on January 8th, 2009 at 4:32 pm | Categorized as Equilar, Executive Pay | Tagged as Equilar, Executive compensation, Executive pay cuts, FedEx, Motorola, Western Digital
“One clear sign of the challenging economic environment we face is the decision by executives to take a pay cut,” according to a survey of executive pay practices by Equilar, the Redwood City information services firm that mines SEC filings for compensation data.
Of course, another “clear sign” might be the accelerating rate of layoffs. Newly announced plans to eliminate another Read the rest of this entry »
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