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Wednesday 19 August 2015
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Slipping Stocks Alert: Western Digital Corporation, (NASDAQ:WDC), Perrigo Company, (NYSE:PRGO), Harley-Davidson, Inc. (NYSE:HOG), Chico’s FAS, (NYSE:CHS)

On Tuesday, Shares of Western Digital Corporation (NASDAQ:WDC), dropped -1.01% to $97.90.

Western Digital Corporation, stated revenue of $3.5 billion and net income of $384 million, or $1.63 per share, for its third fiscal quarter ended Apr. 3, 2015. On a non-GAAP basis, net income was $441 million or $1.87 per share. In the year-ago quarter, the company stated revenue of $3.7 billion and net income of $375 million, or $1.55 per share. Non-GAAP net income in the year-ago quarter was $470 million, or $1.94 per share.

The company generated $684 million in cash from operations during the third fiscal quarter, ending with total cash and cash equivalents of $4.8 billion. It utilized $240 million to repurchase 2.2 million shares of common stock. On Feb. 3, the company declared a cash dividend of $0.50 per share of its common stock, which was paid on Apr. 16.

Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content.

Shares of Perrigo Company Public Limited Company (NYSE:PRGO), declined -1% to $186.39, during its last trading session.

Perrigo Company, declared that its Board of Directors declared a quarterly dividend of $0.125 per share, payable on June 16, 2015 to shareholders of record on May 29, 2015.

From its starting as a package of generic home remedies in 1887, Perrigo Company plc, headquartered in Ireland, has grown to become a leading global healthcare supplier. Perrigo develops, manufactures and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, nutritional products and active pharmaceutical ingredients (API), and receives royalties from Multiple Sclerosis drug Tysabri®. The Company is the world’s largest manufacturer of OTC healthcare products for the store brand market and an industry leader in pharmaceutical technologies. Perrigo’s mission is to offer uncompromised “Quality Affordable Healthcare Products®” and it does so across a wide variety of product categories primarily in the United States, United Kingdom, Mexico, Israel and Australia, in addition to more than 40 other key markets worldwide, counting Canada, China and Latin America.

Perrigo Company plc, through its auxiliaries, develops, manufactures, and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, nutritional products, and active pharmaceutical ingredients (API).

At the end of Tuesday’s trade, Shares of Harley-Davidson, Inc. (NYSE:HOG), dwindled -0.99% to $56.93.

Harley-Davidson, Board of Directors has approved a cash dividend of $0.31 per share for the second quarter of 2015. The dividend is payable June 12, 2015, to the holders of record of the Company`s common stock on May 28, 2015.

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services.

Harley-Davidson, Inc. manufactures cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products and Financial Services.

Finally, Chico’s FAS Inc. (NYSE:CHS), ended its last trade with -0.98% loss, and closed at $17.15.

Chico’s FAS, declared that its Board of Directors declared a quarterly cash dividend of $0.0775 per share of its common stock, a 3.3% enhance over the dividend rate from June 2014. The dividend is payable on June 29, 2015 to Chico’s FAS shareholders of record at the close of business on June 15, 2015.

Chico’s FAS, Inc. operates as an omni-channel specialty retailer of women’s private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items. The company’s portfolio of brands comprises of Chico’s, White House|Black Market (WH|BM), Soma Intimates (Soma), and Boston Proper.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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