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Stock Market & Financial Investment News

News Breaks
December 5, 2012
15:33 EDTSTXSeagate breaks out above its 10-day moving average, levels to watch
The shares are breaking out today along with peers such as Western Digital (WDC). The stock is up over 4.3% at time of writing, trading well above the 10-day moving average. The 10-day had been a proxy for downtrend resistance. At the current price of $27.60, next resistance is at $28.01, and then at $29.19. Support is at $27.44.
News For STX From The Last 14 Days
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October 24, 2014
10:43 EDTSTXSeagate technical comments ahead of earnings
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October 23, 2014
12:43 EDTSTXSeagate weekly volatility increases into Q1 and outlook
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October 22, 2014
16:46 EDTSTXSeagate increases targeted annual dividend 26% to $2.16
Seagate Technology announced that its board of directors has approved a 26% increase in the company’s targeted regular cash dividend. The targeted annual dividend will increase from $1.72 to $2.16 per share and will continue to be paid quarterly. The first payment at the new quarterly rate of 54c per share is scheduled to be paid on November 25 to stockholders of record as of the close of business on November 11. The declaration and payment of any future quarterly dividends will continue to be at the discretion of the board of directors and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the board

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