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Market Watch (Free subscription) | 04/30/2008
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.
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The Minneapolis/St. Paul Business Journal (Free subscription) | 04/30/2008
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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Star Tribune (Free subscription) | 04/30/2008
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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Seeking Alpha (Free subscription) | 04/30/2008
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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Boston Globe (Free subscription) | 04/30/2008
Among the earnings stories for Tuesday, April 29, from AP Financial News: Top stories:
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Boston Globe (Free subscription) | 04/30/2008
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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GuruFocus Updates (Free subscription) | 02/21/2008
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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GuruFocus Updates (Free subscription) | 02/21/2008
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.
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bizjournals (Free subscription) | 02/04/2008
Hutchinson Technology Inc. plans to buy back up to $130 million of its stock, the company said Monday.
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Red Orbit (Free subscription) | 01/31/2008
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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Star Tribune (Free subscription) | 01/31/2008
Earnings missed estimates, but loss of desktop PC market share also had a role, some analysts say.
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Reuters UK (Free subscription) | 01/29/2008
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...
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Business Wire (Free subscription) | 12/27/2007
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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Business Wire (Free subscription) | 11/28/2007
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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Business Wire (Free subscription) | 11/16/2007
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