Archive for June 28th, 2012

Disk-Drive Stocks Sag As Hutchinson Warns On Weak Demand

June 28, 2012

Disk-drive stocks are trading lower early Thursday after tiny Hutchinson Technology last night issued an ominous warning on June quarter results. Hutchinson makes suspension assemblies used in disk-drives. The company said it shipped 100 million of them in the fiscal Q3 ended June 24, up from 96.9 million one quarter earlier, [...]

Posted in Stocks | Comments Off