where the costs really start adding up is in storage and disaster recovery (particularly when you consider we have DR plans for 18 countries). So when you take unified messaging, storage, DR and admin costs which come to $500k and add the original $500k we were looking at $1 million USD per year as a total..
Patterson-UTI Energy (NASDAQ:PTEN) traded in a range yesterday that spanned from a low of $22.83 to a high of $23.57. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low... PTEN : 22.72 (-2.86%)
Analysts are weighing in tech stock Western Digital Corp (NASDAQ:WDC), real estate investment trust (REIT) Kimco Realty Corp (NYSE:KIM), and video game retailer GameStop Corp. (NYSE:GME). Here's a quick roundup of today's bearish brokerage notes on shares of WDC, KIM, and GME. Western Digital Stock Sees a Rare Downgrade. Western Digital is down 6.9% to trade at $86.33, after Morgan Stanley downgraded the stock to equal weight from overweight and slashed its price target to $90 from $117. The brokerage firm cited sinking NAND prices and uncertainty surrounding the storage device specialists joint venture with Toshiba for the bearish outlook. Today's negative price action marks a change of pace for WDC shares, which were up 36.5% year-to-date heading into today's trading -- with recent pullbacks quickly contained by the stock's 200-day moving average.