Some of the names on the move ahead of the open.» Read More
Oct 31- Storage device maker Seagate Technology Plc reported a first-quarter profit below analysts' expectations and forecast weak current-quarter revenue, hurt by slowing PC sales and lower prices. Seagate shipped 57.6 million hard drives during the quarter ended Sept. 28, down from 66 million in the April-June quarter.
NEW YORK-- A Citigroup analyst on Friday downgraded the shares of Seagate Technology PLC and Western Digital Corp., two leading makers of hard drives, to "Sell" from "Buy" because he sees weakness not just in the PC sector, but in corporate spending on servers and storage arrays, which also use hard drives.
*Citigroup cuts Seagate Technology, Western Digital to sell-. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Low-Priced Stock Fund uses cash as shock absorber. Tillinghast, manager of Fidelity's $33 billion Low-Priced Stock Fund, has cut his cash position by more than half in the past year to $1.9 billion, or 6 percent of assets.
said a major patent verdict in favor of Apple Inc. should be overturned because the jury foreman did not disclose that he once was in litigation with Seagate Technology PLC, a company that counts Samsung as a major investor.
Windows 8 might not be enough to keep Microsoft out of a softening PC market, Dan Niles of AlphaOne Capital said Wednesday on CNBC.
It takes 17 Nasdaq 100 stocks to match Apple’s point impact on the index this year.
Jim Cramer’s researcher, Nicole Urken, takes a look at what has been behind some of the top surges during earnings season.
Take a look at some of Thursday's midday movers:
THE business deal from hell began to crumble even before the Champagne corks were popped. The $580 million sale of Dragon Systems had just been approved by its board and congratulations were being exchanged. But there was a sense that something was amiss, the New York Times reports.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks eased off their worst levels in the final hour of trading, but still finished firmly in the red Friday on the heels of a disappointing June government jobs report.
U.S. stock index futures extended their losses Friday after non-farm payrolls showed employers added less jobs than expected in June.
Take a look at some of Friday’s morning movers:
Pfizer sued over generic Lipitor delay; Seagate sees shares slip on weak revenue; speculation mounts over Yahoo CEO short list.
Spooked by the after hours sell-off in Seagate? The Fast Money pros aren't; they see it as an opportunity – a big one.
We ran out of time on TV but we didn't forget. Following are Fast Money's Final Trades.
Stocks closed a choppy session higher, rallying from a morning dip but closing off the day's highs as a relief rally offered what likely will be little more than a brief respite from the turmoil ratting the market in June.
Following are Tuesday’s Pops and Drops. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Take a look at some of Tuesday's midday movers: