{"id":16193,"date":"2011-12-02T15:00:00","date_gmt":"2011-12-02T15:00:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/western-digital-corp-wdc-shares-rise-after-company-updates-q4-outlook-reports-on-recovery-effort-in-thailand\/16193\/"},"modified":"2011-12-02T15:00:00","modified_gmt":"2011-12-02T15:00:00","slug":"western-digital-corp-wdc-shares-rise-after-company-updates-q4-outlook-reports-on-recovery-effort-in-thailand","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/western-digital-corp-wdc-shares-rise-after-company-updates-q4-outlook-reports-on-recovery-effort-in-thailand\/16193\/","title":{"rendered":"Western Digital Corp. (WDC) Shares Rise after Company Updates Q4 Outlook; Reports on Recovery Effort in Thailand"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>At last check, Western Digital shares were trading 8.38% higher at $31.70, with volume up from daily average of 5.94 million to 7.22 million.<\/p>\n<p>Western Digital expects fourth-quarter revenue of at least $1.8 billion. Gross margin for the fourth quarter is expected to be above the high end of the company\u2019s business model range of 18%-23%.<\/p>\n<p>Western Digital also provided update on its recovery efforts in Thailand. John Coyne, president and CEO of Western Digital, said that the passion, perseverance, ingenuity and execution exhibited by the Western Digital team has been extraordinary and enabled the company to make substantial progress in partially restoring its operations in Thailand well in advance of expectations. Coyne also said that much work remains to be done but the company could not be more pleased with the effort and results thus far, including tremendous support from supply partners and strategic customers.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<ul>\n<li>This newsletter has been helping traders make a killing on <strong>WDC<\/strong>. <a href=\"http:\/\/www.pennystocklive.com\/pennystockwarfare\/?utm_campaign=BE_news&amp;utm_source=BE\" target=\"_blank\" rel=\"noopener\">Click here<\/a> for a 25% discount offer.<\/li>\n<li>See today&#8217;s <a href=\"http:\/\/partners.authorizedclicks.com\/z\/21\/CD2\/&amp;subid1=site\" target=\"_blank\" rel=\"noopener\">top stock picks<\/a> and market analysis<\/li>\n<li>Need fast service and cheap rates from a broker? <a href=\"http:\/\/buystockonlinetoday.com\/buy-stock.aspx?stock=WDC\" target=\"_blank\" rel=\"noopener\"><strong>Buy stock online<\/strong><\/a> at my favorite brokerage<\/li>\n<li>Want more? Check out the <a href=\"http:\/\/boardcentral.com\/boards\/WDC\" target=\"_blank\" rel=\"noopener\">message board buzz<\/a> for WDC<\/li>\n<li>See what newsletters are recommending this <a href=\"http:\/\/www.stockreads.com\/\" target=\"_blank\" rel=\"noopener\">stock pick<\/a><\/li>\n<li>Get breaking<a href=\"https:\/\/thestockmarketwatch.com\/<\/a><\/li>\n<\/ul>\n<p><a href=\" https: web.archive.org web 20111203230547 http: www.quote.com news wparticle.aspx?location=quote&amp;id=452\">Read more here<\/a><\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/western-digital-corp-wdc-shares-rise-after-company-updates-q4-outlook-reports-on-recovery-effort-in-thailand\/16193\"><br \/>\nWestern Digital Corp. (WDC) Shares Rise after Company Updates Q4 Outlook; Reports on Recovery Effort in Thailand<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/google%e2%80%99s-android-gains-smartphone-market-share-in-q3-goog\/15043\"><br \/>\nGoogle\u2019s Android Gains Smartphone Market Share in Q3 (GOOG)<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-updates\/cisco-systems-inc\/14630\"><br \/>\nCisco Systems Inc.<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/kohl%e2%80%99s-corp-kss-to-release-q3-financial-results\/14627\"><br \/>\nKohl\u2019s Corp. (KSS) to Release Q3 financial results<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n.<\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Quote com <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>At last check, Western Digital shares were trading 8.38% higher at $31.70, with volume up from daily average of 5.94 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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