ADVFN - Advanced Financial Network.
HOME» NYSE » H » HIT Stock Price » HIT Stock News

Hitachi Share News

 Hitachi, Ltd. Stock Price
HIT Stock Price
 Hitachi, Ltd. Stock Chart
HIT Stock Chart
 Hitachi, Ltd. Stock News
HIT Stock News
 Hitachi, Ltd. Company Information
HIT Company Information
 Hitachi, Ltd. Stock Trades
HIT Stock Trades

Hitachi: Transfer Of HDD Operations To Western Digital To Be Delayed

TOKYO -(Dow Jones)- Hitachi Ltd. (6501.TO) said Monday that the transfer of its hard disk drive business to Western Digital Corp. (WDC) will be delayed as the U.S. company is still working on acquiring regulatory approval from the European Commission and other authorities. Hitachi said that the deal, which had been expected to be completed in the October-December quarter, is now expected to be finalized by March 2012. In March, Western Digital agreed to buy Hitachi's disk-drive business for about $4.3 billion in cash and stock, in a deal that will boost Western Digital's share of global disk-drive shipments to nearly 50%. -Tokyo Bureau, Dow Jones Newswires; +81-3-6269-2770

Stock News for Hitachi (HIT)
DateTimeHeadline
03/06/201209:36:35Applications Given Early Antitrust Clearance
01/28/201207:21:10ASIA MARKETS: Asia Awaits Japan Earnings In Week Ahead
01/05/201217:52:11ADR Report: Shares Fall On Resurging Fears of Euro-Debt Issues
12/23/201116:45:33ADR Report: Shares Up As Gains Continue Into Holiday Weekend
12/19/201122:08:34Hitachi President: Concerned About Further Delays In Sale Of...
12/13/201116:56:19DOJ: 3 Hitachi-LG Data-Storage Executives To Plead Guilty To...
12/13/201116:36:35PRESS RELEASE: THREE HITACHI-LG DATA STORAGE EXECUTIVES AGREE...
12/04/201120:34:13Hitachi: Transfer Of HDD Operations To Western Digital To Be...
11/23/201106:59:33EU Clears Western Digital Buy of Hitachi Hard Disks, With Conditions
10/29/201107:20:24ASIA MARKETS: Japan Earnings, China Data On Tap For Asia
09/30/201114:02:29Hitachi-LG Data Storage Charged With Bid Rigging; Plea Deal Expected
09/28/201108:13:11Japan, Vietnam Move Ahead On Nuclear Reactor Plans, Despite Fukushima
09/21/201115:26:26WSJ: Prices For Rare Earths Seem To Settle After Two-Year Run
09/14/201110:39:50NTPC Executive: Shortlisted Doosan, Bharat Heavy For Power Gear
09/08/201109:29:38EU Almunia:Proposed Deutsche Borse, NYSE Merger Requires Sophisticated...
07/12/201104:50:01EU Court Annuls Some Fines On Gas Insulated Switchgear Cartel
06/08/201106:17:19CORRECT: Hon Hai Chairman: Mulling Building New Plants In Africa
06/08/201104:34:18Hon Hai Chairman: Mulling Building New Plants In Africa
05/30/201112:42:23EU Opens Probes Into Two Hard Disk Drive Sector Acquisitions
05/25/201111:09:30GE Vice Chairman Sees Nuclear Sector Delays After Japan Crisis

Hitachi and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad