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BUSINESS BRIEFS.(TO THE POINT)
INTERNET
Travelzoo share deal comes due
Twenty-six shareholders are now eligible to sell up to 750,000 shares under the terms of a deal struck in Oct. that required the group to wait until their shares were registered with the SEC before selling them. Travelzoo said in an SEC filing that it won't receive any proceeds from the sale. The sale will add 750,000 shares to the 16.2 mil outstanding. Travelzoo fell 4.5% to 88.75.
** Ctrip.com signed an electronic distribution deal with Pegasus Solutions, which will provide the Chinese travel consolidator with direct access to inventory at nearly 60,000 hotels worldwide. Ctrip jumped 13% to 54.50. Pegasus rose 3.5% to 12.08.
TECHNOLOGY
Outlook lifts disk drive makers
Western Digital lifted its Q2 revenue forecast from $830 mil-$865 mil to $885 mil-$915 mil and offered an EPS outlook of 17-19 cents a share; views saw 15 cents. The firm said higher sales volumes prompted it to raise guidance. Western Digital rose 6% to 10.38. Its optimistic outlook appeared to boost the fortunes of rivals Maxtor, which ...
- The Orange County Register, Calif., Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News The Orange County Register, Calif. May 13, 1998 700+ words
...6.8 percent in 1999, they said. WESTERN DIGITAL CUTS JOBS AT SINGAPORE PLANT: Western Digital Corp., Irvine, Wednesday said it...leave 4,100 workers at the facility. Western Digital's plants in Kuala Lumpur, Malaysia...
- The Orange County Register, Calif., Business Briefs Column. (Originated from...
- Newspaper article from: Knight Ridder/Tribune Business News August 18, 1993 700+ words
...open as California Federal branches. WESTERN DIGITAL GIVES FINANCE CHIEF NEW JOB: Western Digital Corp., Orange County's largest...financial activities. Mercer, 41, joined Western Digital in October 1991 as senior vice president...
- The Orange County Register, Calif., business briefs column.(Column)
- Newspaper article from: Orange County Register (Santa Ana, CA) March 10, 2007 700+ words
...agricultural and wood waste), 0.35 kWh. WESTERN DIGITAL ELECTS CHAIRMAN OF THE BOARD: Western Digital Corp. of Lake Forest said Friday that...director in 1993 and previously served as Western Digital chairman in 2000 and 2001. Pardun...
- The Orange County Register, Calif., business briefs column.
- Newspaper article from: Knight Ridder/Tribune Business News December 1, 2004 700+ words
...Broadcom spokesman Bill Blanning. WESTERN DIGITAL INCREASES FORECAST: Business has been better than expected for Western Digital Corp., the Lake Forest maker...projected this quarter causing Western Digital to raise previously announced...
- Post-Bulletin, Rochester, Minn., Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News Post-Bulletin, Rochester, Minn. November 30, 1999 700+ words
...Whitney MacMillan is a former Mayo Foundation trustee. -- Western Digital Corp. was named the best manufacturer of high-capacity...sales support for company's drives in a spring survey. Western Digital designs its high-capacity drives in a development laboratory...
- Saint Paul Pioneer Press, Minn., Business Briefs Column. (Originated from Saint...
- Newspaper article from: Knight Ridder/Tribune Business News November 22, 1994 700+ words
Nov. 22--REGION BRIEFING: Western Digital Corp., a 24-year-old Irvine, Calif.-based maker...as part of IBM's corporate consolidation effort. Western Digital's existing hard drive business focuses on PC desktop...
- Bangkok Post, Thailand, Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News November 4, 2003 700+ words
...4--Cal-Comp Electronics (Thailand) Plc says new orders for printed circuit boards (PCB) from hard disk producer Western Digital will add US$15 million in revenue for the company's fourth quarter this year. The first shipments were delivered yesterday...
- The Denver Post Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News September 25, 2001 700+ words
...on Monday completed its acquisition of SANavigator Inc., the former storage network management software subsidiary of Western Digital Corp., for $29.75 million in cash. McData also announced a new sales office in Paris to better serve the company...