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Hutchinson Technology



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3Vote!

Hutchinson Technology stock up after better-than-expected 4Q results

Hutchinson Technology Inc. stock was up about 6 percent Tuesday, a day after the Hutchinson-based maker of hard-disk parts reported better-than-expected results for the fourth quarter.

3Vote!

Hutchinson Technology Inc. F4Q09 (Qtr End 27/09/09) Earnings Call Transcript

Hutchinson Technology Inc. ( HTCH ) F4Q09 Earnings Call November 2, 2009; 5:00 pm ET Complete Story »

3Vote!

Hard-hit Hutchinson Technology posts better-than-expected earnings

Hutchinson Technology, which escaped ruin a year ago by cutting 45 percent of its workforce and slashing costs, beat Wall Street expectations Monday with adjusted fourth-quarter income just below break-even.Based on one-time gains of $9.4 million from repurchasing debt and selling a plant in Sioux Falls, S.D., the maker of computer disk drive components earned $8.3 million on revenue of $103.2 million....

3Vote!

Earnings Roundup: HTCH, CGNX, LF, GUID, DIOD, SNCR

It is a relatively quiet afternoon on the earnings front; things will pick up later in the week. Meanwhile, here’s a rundown on half-dozen tech companies that just reported. Hutchinson Technology (HTCH): The maker of disk-drive suspension assemblies posted revenue for its fiscal fourth quarter ended September 27 of $103.2 million, [...]

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As Galleon Investors Flee, Some Tech Stocks Could Suffer

The spreading Galleon Group insider trading scandal has begun causing problems for some stocks in which the hedge fund operator has large holdings, the Wall Street Journal notes. The Journal notes that investors have sought to withdraw $1.3 billion of the $3.7 billion in assets managed by the hedge fund group. [...]

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Hutchinson Tech Sees “Near Breakeven” Q4

Hutchinson Technology Q4 guidance tops the Street.

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What’s Up With Hutchinson Technology?

All of a sudden, everyone simply has to own a piece of the disk-drive suspension arm business. Well, okay, that’s an exaggeration. But I can’t find any particular reason for the sudden acceleration in the shares of Hutchinson Technology (HTCH) , maker of, like I said, disk-drive suspension arm assemblies. Over the last six sessions, the stock is up $1.91, or 58%, including a gain today...

3Vote!

Hutchinson Technology F3Q09 (Qtr End 6/28/09) Earnings Transcript

Hutchinson Technology, Inc. ( HTCH ) F3Q09 (Qtr End 6/28/09) Earnings Call July 30, 2009 05:00 PM ET Complete Story »

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Saturday’s exam question

Compare and contrast these two comments. 1. "If you're not measuring it you can't improve it." – Wayne Fortun, CEO of Hutchinson Technology Incorporated . 2. American teacher union the NEA is effective "not because we care about children [but] because we have power." – NEA chairman Bob Chapin Discuss with reference to local teacher unions’ vehement opposition to...

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Hutchinson Technology to lay off another 300 employees

The company also reported a $57.7 million loss. The new layoffs bring the tally since December to more than 2,000.

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Hutchinson Technology Incorporated. F2Q09 (Qtr End 03/23/09) Earnings Call Transcript

Hutchinson Technology Incorporated (HTCH) F2Q09 Earnings Call April 28, 2009; 5:00 pm ET Complete Story »

3Vote!

Hutchinson Q2 In Line With Warning; Cutting 300 Jobs

Hutchinson Technology (HTCH) this afternoon posted results for its fiscal second quarter ended March 29 that were in line with its recent warning. For the quarter, the company reported revenue of $79 million, as forecast. Before one-time charges, the company lost $1.48 a share, not quite as bad as the Street consensus of $1.52. The company, which makes components for the disk-drive industry, said it...

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Seagate lost, Hutchinson Technology is on the ropes

| Seagate lost, Hutchinson Technology is on the ropesBy Steve Alexander , Star Tribune Last update: April 6, 2009 - 7:18 PMPrint this story Minnesota business by the numbersSee Minnesota's top earning companies, CEOs and non-profits More from Hutchinson Technology Inc., a company that carved out a piece of Minnesota’s high-tech future out on the prairie, is on the ropes. As the skidding economy...

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Small-Cap Focus: Hutchinson Tech shares plummet 40% as Seagate drops supplier

Hutchinson Technology Inc. shares plummet more than 40% after the company says it will lose one of its biggest customers and deliver disappointing second-quarter results.

1Vote!

Hutchinson Tech loses Seagate business; shares plunge

Hutchinson Technology Inc. shares plunged 40 percent Friday morning after the company warned of disappointing second-quarter sales and announced that Seagate Technology plans to phase out its business with the firm.