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Seagate Technology PLC

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  • CHICAGO, April 14- A resounding shot across the bow has been fired at the tech sector in recent weeks. The tech-heavy Nasdaq Composite Index is down nearly 5 percent in April through Friday's close and the Nasdaq Biotechnology Index is off 21 percent from its record closing high on Feb. 25.

  • Like gravy, lumpy stocks just don’t appeal Tuesday, 28 Jan 2014 | 6:53 PM ET

    As earnings season marches forward, Cramer will be watching closely for lumpy stocks.

  • Early movers: F, AAPL, DD, CMCSA & more Tuesday, 28 Jan 2014 | 7:46 AM ET

    Some of the names on the move ahead of the open.

  • Jan 27- Hard-disk drive maker Seagate Technology Plc's second-quarter results missed analysts' estimates as growth slowed in its cloud storage business, sending its shares down 7 percent in extended trading. O'Malley, who counts Google among Seagate's customers, said cloud comprised 10-15 percent of its total revenue in the second quarter ended Dec. 27.

  • Jan 27- Seagate Technology Plc reported a 13 percent decline in quarterly profit as demand fell for its hard-disk drives due to declining personal computer sales. Net income fell to $428 million, or $1.24 per share in the second quarter ended Dec. 27, from $492 million, or $1.30 per share, a year earlier.

  • After-hours buzz: Apple, Seagate Technology & More Monday, 27 Jan 2014 | 2:26 PM ET

    Companies making headlines after the bell Monday.

  • Thai crisis unsettles investors, may deter new money Sunday, 26 Jan 2014 | 4:24 PM ET

    Long-term foreign investors say they are sticking with Thailand despite its political woes but the threat of worsening chaos may scare away new money.

  • BANGKOK, Jan 27- Long-term foreign investors say they are sticking with Thailand despite its political woes but the threat of worsening chaos may scare away new money as companies scope out other options in neighbouring countries such as Indonesia.

  • *2nd- qtr adj profit $2.19/ shr vs est $2.08. *Sees Q3 adj profit $1.80- $1.90/ shr vs est $1.95/ shr. The Irvine, California- based company, which dominates the hard-disk drive market along with rival Seagate Technology Plc, said it expects adjusted profit of $1.80- $1.90 per share on revenue of $3.65- $3.75 billion for the current quarter.

  • Top 3 cheap stocks to buy now: Pro Monday, 6 Jan 2014 | 1:57 PM ET

    Three picks promise strong returns for the coming year, Lyrical Asset Management's Andrew Wellington says.

  • Dec 23- Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million to strengthen its supply and manufacturing chain for disk drives. Xyratex shares were up 27 percent at $13.25 per share in morning trading, matching Seagate's offer price.

  • Seagate to buy Xyratex for $374 mln Monday, 23 Dec 2013 | 8:39 AM ET

    Dec 23- Hard-disk drive maker Seagate Technology Plc said it would buy network and storage equipment maker Xyratex Ltd for about $374 million in cash.

  • Midday movers: Dish Network, iRobot, 3M & More Tuesday, 17 Dec 2013 | 12:44 PM ET

    Tuesday's midday movers:

  • *Avago offers $11.15 per share, a premium of 41 percent. *Avago shares rise 11 percent; LSI soars 39 percent. Dec 16- Avago Technologies Ltd on Monday said it would buy LSI Corp for $6.6 billion in one of the semiconductor industry's largest deals this year as it turns to the fast-growing storage chip market to counter volatility in its main wireless business.

  • *Avago offers $11.15 per share, a premium of 41 pct. *Avago shares rise 11 pct; LSI shares up 39 pct. Dec 16- Mobile chipmaker Avago Technologies Ltd said it would buy LSI Corp for $6.6 billion as it turns to the fast-growing storage chip market to counter volatility in its main wireless business.

  • NEW YORK, Dec 5- A former Dell Inc supply manager who cooperated with government insider trading investigations, including a probe of a portfolio manager at SAC Capital Advisors, avoided prison on Thursday as a result of his cooperation. District Judge Jed Rakoff in Manhattan sentenced DeVore to time served plus two years of supervised release.

  • Nov 27- Solid-state hard drive maker OCZ Technology Group Inc said it had received an offer from Toshiba Corp to buy the company in a planned bankruptcy proceeding. OCZ, which has a market capitalization of $43 million, said it had "substantially completed" negotiations with Toshiba on an asset purchase agreement.

  • The company, whose customers include hard disk drive and flash drive makers Western Digital Corp, Seagate Technology and Toshiba Corp, also reported better-than-expected results for the third quarter. Marvell said it expected an adjusted profit of 23- 27 cents per share for the current quarter on revenue of $880 million to $920 million.

  • Jim O’Shaughnessy: Crisis in long bonds is imminent Tuesday, 12 Nov 2013 | 5:36 PM ET

    In another call, the CEO and CIO of O'Shaughnessy Asset Management said there's a "generational buying opportunity in equities."

  • *Apple edges higher after results, revenue outlook. *Aetna earnings miss expectations, U.S. NEW YORK, Oct 29- U.S. stock index futures pointed to a flat open on Tuesday, suggesting the market's recent rally may have run out of steam as earnings fail to be another reason to buy with stocks near record highs.

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