Seagate News

Greenlight Capital Inc. can thank Apple Inc. and Seagate Technology Plc for its impressive first quarter gains, according to a Bloomberg News report.

Shares of the disk-drive makers Seagate Technology and Western Digital are coming under selling pressure Tuesday morning after Barcalys Capital analyst Ben Reitzes cut his ratings on both stocks to Equal Weight from Overweight.

Hopefully we are now back to regular blogging after the Gladiator Fire. The lazy portfolio concept is intriguing on different levels.

Seagate Technology and LaCie S.A. announced an exclusive agreement with the intent for Seagate to acquire a controlling interest in LaCie.

David Einhorn is an esteemed fund manager known for his short-selling practices.

Fusion-io powers IO Accelerators in HP platforms . A Fusion-io A announced that it is enabling high performance database and virtualization solutions with seven new Fusion-poweredA HP IO Accelerator A products for HPA ProLiantA and HPA BladeSystemA platforms.A The HP IO Accelerators sit inside the server, directly on the PCIe bus with CPUs and ... (more)

Seagate Technology plc the worldwide leader in hard disk drives and storage solutions, and LaCie S.A. , a leading manufacturer of consumer storage products, today announced an exclusive agreement with the intent for Seagate to acquire a controlling interest in LaCie.

Seagate Technology is buying French data-storage company LaCie, which makes a similar line of products to the Cupertino, Calif.-based hard drive company.

Research firm iSuppli predicts maximum hard disk drive areal density will hit 1,800 gigabits per square inch per platter by 2016, up from 744 gigabits per square inch in 2011.

Electronic storage device maker Seagate Technology Plc plans to buy a 64.5 percent stake in France-based digital storage devices maker LaCie in a $186 million deal, which will help it expand in Japan and Europe.

The BOJ dropped from its latest statement a line that the central bank will pursue powerful monetary easing, saying instead it will conduct appropriate policy, sending the yen higher against the dollar.

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Seagate Technology, already Longmont's largest private-sector employer, is hiring.

John is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the First Trust NASDAQ-100-Technology Sector IndexFund , which shed 15,650,000 shares, or a 72.3% decrease week over week.

Despite all of Wall Street's conflict and contention, a fortunate few companies enjoy unanimous support among professional analysts.

Western Digital, Toshiba and Seagate reported higher shipments of HDDs in Q1 2012.

's stock had its "buy" rating restated by analysts at Brean Murray Carret & Co. in a research report issued to clients and investors on Wednesday.

Seagate traded down 2.61% on Tuesday, hitting $30.20. Seagate has a 1-year low of $9.05 and a 1-year high of $32.55. The company has a market cap of $12.842 billion and a price-to-earnings ratio of 7.01. Seagate last released its earnings data on Tuesday, April 17th.