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Data Storage Devices News
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Western Digital tumbles after outlook disappoints
Fri 3:49 pm ET (AP)
Shares of Western Digital Corp. declined Friday after the hard disk drive maker gave a disappointing forecast for its fiscal first quarter, citing a difficult pricing environment and weaker demand from an "extraordinary" year-ago period.
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| Market Capitalization: | 62B | | Price
/ Earnings: | 18.5 | | Price
/ Book: | 4.9 | | Net
Profit Margin (mrq): | 8.8% | | Price
To Free Cash Flow (mrq): | 26.9 | | Return
on Equity: | 14.7% | | Total
Debt / Equity: | 0.3 | | Dividend
Yield: | 3.2% |
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