Western Digital and Seagate Technology: More Bad News Arises
Brian Nichols, The Motley Fool - Motley Fool - Mon May 12, 12:30PM CDT
Western Digital and peer Seagate Technology -- which, combined, control more than 85% of the hard disk drive (HDD) market -- are trading lower following disappointing first-quarter earnings. Seagate, in particular, has significantly lagged the...
Seagate Technology Earnings In Retrospect: Down 7.4% in the Last 13 Days (STX)
Comtex SmarTrend(R) - Mon May 12, 10:55AM CDT
A week ago on April 29th, 2014 Seagate Technology (NASDAQ:STX) reported earnings and analysts, on average, expected earnings of $1.25 on sales of $3.4 billion. The company actually reported EPS of $1.34 on sales of $3.4 billion, beating EPS estimates by $0.09 and missing revenue estimates by $14.3 million. Since the company's report, shares of Seagate Technology have fallen from $53.49 to $49.55, representing a loss of 7.4% in the past 13 days.
Seagate Empowers Software Developers with Release of New Kinetic Open Storage API at the OpenStack Summit
Business Wire - Mon May 12, 10:00AM CDT
Seagate Technology plc (NASDAQ:STX), a world leader in storage solutions, today announced it is expanding the open source program associated with its Seagate(R) Kinetic Open Storage platform to include API (application programming interface) and libraries. By expanding the platform's open source initiatives, the company is taking the next big step in fully-enabling software and hardware partners to leverage the new key/ value programing interface and integrate it into cloud software stacks, additional devices and new systems.
Samsung HDD Business Unit Unveils High Capacity Media Streaming Device
Business Wire - Mon May 12, 2:01AM CDT
Seagate Technology plc (NASDAQ: STX) today announced that its Samsung(R) HDD business unit is shipping its new Samsung Wireless media device for mobile users. Consumers can now carry up to 750 movies, and unprecedented libraries of music and photos everywhere they go. Samsung Wireless allows up to five users to connect making this the ultimate entertainment hotspot. The Samsung Wireless is available globally for MSRP of $179.00.
Watch for Seagate Technology to Potentially Rebound After Falling 1.42% Yesterday
Comtex SmarTrend(R) - Thu May 08, 4:16PM CDT
Seagate Technology (NASDAQ:STX) traded in a range yesterday that spanned from a low of $49.07 to a high of $50.71. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $49.20 on volume of 3.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 1.42%, Seagate Technology Offers Investors Better Value
Comtex SmarTrend(R) - Thu May 08, 4:11PM CDT
Seagate Technology (NASDAQ:STX) traded in a range yesterday that spanned from a low of $49.07 to a high of $50.71. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $49.20 on volume of 3.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Seagate, the Pioneer in Wireless Storage, Introduces a Family of Wireless Solutions with New Enhanced Features
Business Wire - Tue May 06, 10:00AM CDT
Seagate Technology plc (NASDAQ: STX) today announced the next evolution in the company's wireless storage category. Seagate(R) Wireless Plus mobile device storage now consists of a family of capacities at 500GB, 1TB and 2TB versions to suit every need along with integration with cloud services, such as Dropbox and Google Drive. The Seagate Wireless Plus storage is designed to expand beyond the limitations of mobile devices, such as smart phones and tablets. With capacities that are multiples beyond the highest storage available on these mobile devices, the Seagate Wireless Plus provides an ideal solution to stream your favorite HD video while freeing up precious space on your Android Tablet, iPad, iPhone, Android Smart Phone, Kindle Fire, Windows 8 computers and Windows RT tablets.
'Fast Money' Recap: Financial Sector Follies
at The Street - Tue May 06, 4:00AM CDT
The trading panel discussed which stocks have done well and which have not.
Product Launches, Partnerships, Public Statements, Stock Price Movements, and Divestments - Analyst Notes on Seagate, 3D Systems, F5, Himax and TSMC
PR Newswire - Mon May 05, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Seagate Technology PLC (NASDAQ: STX), 3D Systems Corp. (NYSE: DDD), F5 Networks, Inc. (NASDAQ: FFIV), Himax Technologies, Inc. (NASDAQ: HIMX) and Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1292-100free.
Why Avon Products, Inc., Western Digital Corp., and Seagate Technology PLC Are Today’s 3 Worst Stock
John Divine, The Motley Fool - Motley Fool - Thu May 01, 7:06PM CDT
The Federal Reserve did just what it was expected to do yesterday, announcing a continuance of its "tapering" policy, reducing asset purchases to a $45 billion monthly rate. That's only about half the $85 billion a month it steadily plowed into the...
Western Digital Beats on Q3 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 01, 1:09PM CDT
Western Digital Corp. (WDC) reported third-quarter 2014 non-GAAP earnings per share of $1.94, which beat the Zacks Consensus Estimate of $1.88.
Annual General Meetings, Products Availability, Partnerships, Earnings Releases, and Prestigious Awards - Analyst Notes on Nokia, SanDisk, SolarCity, Seagate and Sprint
PR Newswire - Thu May 01, 8:00AM CDT
Today, Analysts Review released its analysts' notes regarding Nokia Corporation (NYSE: NOK), SanDisk Corporation (NASDAQ: SNDK), SolarCity Corporation (NASDAQ: SCTY), Seagate Technology Plc (NASDAQ: STX) and Sprint Corporation (NYSE: S). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1965-100free.
Active Equities to Watch -- Research on Salesforce.com, E-Commerce China Dangdang, Mylan, and Seagate Technology
PR Newswire - Thu May 01, 7:05AM CDT
The trading session on Wednesday, April 30, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,580.84, up 0.27% and the NASDAQ Composite closed at 4,114.56, up 0.27%. The S&P 500 finished the day 0.30% higher at 1,883.95. The gains were broad based as nine out of ten sectors finished on a positive note. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Salesforce.com Inc. (NYSE: CRM), E-Commerce China Dangdang Inc. (NYSE: DANG), Mylan Inc. (NASDAQ: MYL) and Seagate Technology PLC (NASDAQ: STX). Free technical research on CRM, DANG, MYL and STX can be downloaded upon signing up at:
Seagate Technology reports fiscal third quarter 2014 financial results
M2 - Thu May 01, 3:38AM CDT
Seagate Technology plc (NASDAQ: STX) (the Company or Seagate) today reported financial results for the third quarter of fiscal year 2014 ended March 28, 2014. For the third quarter, the Company reported revenue of approximately $3.4 billion, gross margin of 28.2%, net income of $395 million and diluted earnings per share of $1.17.
Seagate Technology Set to Possibly Rebound After Yesterday's Selloff of 1.70%
Comtex SmarTrend(R) - Wed Apr 30, 3:59PM CDT
Seagate Technology (NASDAQ:STX) traded in a range yesterday that spanned from a low of $51.38 to a high of $55.23. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $51.48 on volume of 7.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Why Seagate Technology (STX) Stock Is Down Today
at The Street - Wed Apr 30, 2:02PM CDT
Seagate Technology (STX) is falling Wednesday following its fiscal third-quarter results and a fiscal fourth-quarter guidance that falls below analysts' expectations for revenue.
Seagate Beats Q3 Earnings Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 1:40PM CDT
Seagate Technology plc (STX) reported third-quarter 2014 non-GAAP earnings per share of $1.34, which beat the Zacks Consensus Estimate of $1.26 per share.
Seagate CFO: 'It's All About the Second Half'
at The Street - Wed Apr 30, 8:49AM CDT
Seagate CFO Pat O'Malley says 2014 is all about the second half of the year, predicting a ramp up in demand for the company's hard drives as customers launch new products.
'Fast Money' Recap: What's Up With Twitter?
at The Street - Wed Apr 30, 4:00AM CDT
The trading panel takes a look at Twitter's earnings report, as well as other key technology stocks.