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.
Warren Buffett has a value investing metric that too many investors ignore today — and it's spitting out a handful of stocks right now that are worth buying. TheStreet.com reports.
LONDON, Oct 5- London's Oxford Street, one of world's busiest shopping strips, is suffering from flat-lining demand, signalling that the global economic gloom has spread to leading retail areas.
Cramer makes the call on viewer favorites.
*Moody's has today assigned a senior unsecured rating of A2 to Westfield Group's US $500 million in 144 A Notes.
Take a look at some of Friday’s morning movers:
From the entire S&P 500, which stocks are analysts expecting to have the biggest pops? Find out!
Take a look at some of Thursday's midday movers:
The year 2011 proved to be a watershed year for the hard disk drive storage industry with ripple effects across all of the IT industry.
Given tech’s market leadership this year and the emerging comparisons to the crisis of several years ago, we rounded up the 10 best performance tech ETFs over the past three years.
Check out which companies are making headlines after-the-bell Thursday:
OCZ Technology has been a monster stock in the past, and now the bulls are coming back to hard-drive maker.
Stocks closed in negative territory Thursday, on track to log its worst week this year, as economic concerns over China and the euro zone overshadowed a better-than-expected jobless claims report.
Stocks in the S&P 1,500 displaying unusual volume in Thursday's trading session.
Take a look at some of Friday morning's early movers:
Compared to the same period a year ago, financial and utility companies have taken the lead, showing EPS growth above 17 percent, respectively.
Everyone loves triumph in the face of adversity (as evidenced by the "Lin-sanity" currently gripping the nation) so it's hardly surprising that investors are enjoying the tech sector's rebound after a moribund 2011.
Compared to the same period a year ago, industrial and technology companies have taken the lead, showing EPS growth of 17 percent and 16 percent, respectively.
U.S. stock index futures pointed to a lower open Tuesday as concerns about the European debt crisis continued to weigh and as investors digested a handful of mixed corporate earnings reports.