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Hutchinson Technology


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2Vote!

Small-Cap Focus: Hutchinson Tech shares slammed as loss widens

Hutchinson Technology shares fall to their lowest point in nearly six years as two analysts cut their rating on the maker of equipment for hard-disk drives, following a disappointing second-quarter earnings report.

1Vote!

Hutchinson Tech Q2 loss widens, layoffs planned

Hutchinson Technology Inc. said Tuesday its second-quarter loss widened due to slumping sales, and warned that layoffs are on the way. (HTCH)

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Hutchinson posts loss as sales, market share slip

The maker of disk-drive parts reported a surprising $6.2 million quarterly loss and said it would lay off 80 workers to cut costs.

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Hutchinson Tech's Big Miss

Eric Savitz (Barron's) submits: Hutchinson Technology (HTCH) shares are down sharply in late trading after the company reported much worse than expected results for its fiscal second quarter ended March 30. Complete Story ยป

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Earnings roundup: Avon, Hutchinson Technology

Among the earnings stories for Tuesday, April 29, from AP Financial News: Top stories:

1Vote!

Hutchinson 2Q loss widens, job cuts planned

Hutchinson Technology Inc. , which makes suspension assemblies for disk drives, on Tuesday said its fiscal 2008 second-quarter loss widened on a drop in sales and it will slash up to 80 jobs in a cost-cutting move.

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Third Avenue Management Buys MGIC Investment Corp., Haynes International Inc., Imation Corp., Sells Canadian Natural Resources Ltd., Whiting Petroleum Corp., EnCana Corp.

Third Avenue Management, led by its founder and chairman Martin Whitman, seeks safe and cheap investments. Whitman bets heavily with mortgage insuruers like Radian and MGIC. He is convinced and he has been buying more of those. These are their buys and sells during the fourth quarter.

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Hutchinson Technology Inc. (HTCH): Third Avenue Management Sold out in HTCH

Third Avenue Management sold out his holdings in Computer Hardware operator Hutchinson Technology Inc. (HTCH) during the 3-months ended 2007-12-31. His sale prices were between $ 23.57 and $ 27.61, with an estimated average price of $ 25.9. The impact to his portfolio due to this sale was less than 0.01 %. As of last market close, the price of Hutchinson Technology Inc. (HTCH) was $ 16.5.

2Vote!

Hutchinson Tech to buy back $130 M in shares

Hutchinson Technology Inc. plans to buy back up to $130 million of its stock, the company said Monday.

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Analyst Actions: Yahoo, Cymer, Hutchinson

CITIGROUP CUTS YAHOO TO HOLD FROM BUY Citigroup analyst Mark Mahaney says Yahoo's (YHOO) $0.15 EPS compares with his/Street estimate for $0.11, with about $0.02 of upside from lower tax rate.

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Hutchinson Technology stock drops by one-third

Earnings missed estimates, but loss of desktop PC market share also had a role, some analysts say.

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UPDATE 1-Hutchinson Technology Q1 profit drops

Jan 29 (Reuters) - Hutchinson Technology Inc posted a 60 percent drop in first-quarter profit, trailing Wall Street's view, hurt by a litigation charge and fall in shipments, sending its shares down more than 20 percent in extended-hours trade. The supplier of suspension assemblies for disk drives earned $2.3 million, or 9 cents a share, on net sales of $173.1 million, compared with net income of $5.8...

+Vote!

Zacks Buy List Highlights: Hutchinson Technology, Garmin, L. B. Foster Company and Fresh Del Monte Produce

CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four

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Zacks Buy List Highlights: SonicWall, Gap, Hutchinson Technology and France Telecom

CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four

1Vote!

Zacks Buy List Highlights: Hutchinson Technology, Chicago Bridge & Iron Company, Monsanto and Take-Two Interactive

CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest list of Zacks Rank Buy Stocks. Everyday on Zacks.com, four stocks are selected based on how well they match the criteria for the four