Some of the names on the move ahead of the open.» Read More
The computer hard drive maker said late Monday that quarterly sales are likely to fall below previous estimates due to falling prices and less-than-expected demand for one of its products.
Despite what you’re hearing these days, tech isn’t going to bottom any time soon. Don’t get bamboozled by hopeful analysts – hope is not a part of the equation.
It was a record day for stocks as every sector finished the day in positive territory. The Dow Jones Industrial Average closed at an all -time high while the Nasdaq and S&P 500 were boosted by strength in tech shares. The S&P 500 finshed the day at a new six-year high.
Seagate Technology said Thursday it would buy closely held EVault, a closely held provider of online backup services, for $185 million in cash.