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Stock Market & Financial Investment News

News Breaks
January 23, 2013
10:38 EDTSTXSeagate reverses lower after prior wide range day, levels to watch
The shares have reversed lower today after meeting yesterday's high but failing to hold it. Some market technicians would refer to this as a "latch" or a "shaved top", both of which have strongly bearish price implications. At the current price of $36.36, support is at $36.15, the session low, and then at $35.71. Resistance is at $37.94, the high of the day so far.
News For STX From The Last 14 Days
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September 3, 2015
10:04 EDTSTXOn The Fly: Analyst Downgrade Summary
Ambarella (AMBA) downgraded to Market Perform from Outperform at Barrington... CGG SA (CGG) downgraded to Hold from Buy at HSBC... Emerson (EMR) downgraded to Sell from Neutral at Goldman... Pacific Drilling (PACD) downgraded to Neutral from Outperform at Credit Suisse... Seadrill (SDRL) downgraded to Underperform from Neutral at Credit Suisse... Seagate (STX) downgraded to Hold from Buy at Benchmark Co.... Synergetics (SURG) downgraded to Equal Weight from Overweight at Stephens... Turkcell (TKC) downgraded to Neutral from Buy at BofA/Merrill.
07:54 EDTSTXSeagate downgraded to Hold from Buy at Benchmark Co.
Benchmark Co. analyst Mark Miller downgraded Seagate to Hold with a $50 price target.
07:48 EDTSTXSeagate earnings upside potential greater than expected, says Brean Capital
Brean Capital believes investors should be buying Seagate shares as they see the near-term earnings upside potential as great than expected. The firm cited the company's reduction in operating expenses to respond to the softer PC environment and reiterated its Buy rating and $65 price target on Seagate shares.
07:27 EDTSTXWestern Digital has positive read through from Seagate data, says Wells Fargo
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07:21 EDTSTXSentiment towards HP to get lift from Seagate data, says Wells Fargo
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September 1, 2015
08:08 EDTSTXSeagate says develops high density mobile hard drive technology
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07:30 EDTSTXSeagate set up for strong second half, says Brean Capital
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August 31, 2015
12:09 EDTSTXSanDisk jumps as buyout rumors resurface
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10:53 EDTSTXSanDisk off lows amid takeover speculation
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August 28, 2015
10:02 EDTSTXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADP (ADP) upgraded to Outperform from Market Perform at William Blair... ASML (ASML) upgraded to Buy from Hold at Berenberg... Abercrombie & Fitch (ANF) upgraded on Hollister fundamentals at RBC Capital... Akamai (AKAM) upgraded to Outperform from Market Perform at JMP Securities... Ares Capital (ARCC) upgraded to Outperform from Market Perform at Raymond James... Banco Santander (SAN) upgraded on valuation at Deutsche Bank... CIBC (CM) upgraded to Neutral from Underperform at Credit Suisse... Canon (CAJ) upgraded to Hold from Sell at Deutsche Bank... Citi (C) upgraded to Buy from Neutral at Guggenheim... Ctrip.com (CTRP) upgraded to Buy from Hold at Stifel... El Pollo Loco (LOCO) upgraded at Stifel... Genomic Health (GHDX) upgraded to Market Perform from Underperform at Raymond James... Golar LNG (GLNG) upgraded on valuation, upcoming project completion at Stifel... Habit Restaurants (HABT) upgraded to Buy from Hold at Stifel... Helmerich & Payne (HP) upgraded to Overweight from Equal Weight at Stephens... Himax (HIMX) upgraded to Outperform from Neutral at Credit Suisse... Huntington Bancshares (HBAN) upgraded to Buy from Neutral at Guggenheim... InterContinental (IHG) upgraded to Outperform from Neutral at Credit Suisse... Knight Transportation (KNX) upgraded to Strong Buy on valuation at Raymond James... LogMeln (LOGM) upgraded to Overweight from Sector Weight at Pacific Crest... Patterson Companies (PDCO) upgraded to Overweight from Neutral at Piper Jaffray... Qunar (QUNR) upgraded on valuation, positive catalysts at Stifel... Regions Financial (RF) upgraded to Buy from Neutral at Guggenheim... Ryder (R) upgraded to Strong Buy from Outperform at Raymond James... SVB Financial (SIVB) upgraded to Buy from Neutral at DA Davidson... Seagate (STX) upgraded to Buy from Hold at Cross Research... Sinopec (SNP) upgraded to Neutral from Sell at Citi... Summit Hotel Properties (INN) upgraded to Outperform at Baird... Texas Capital (TCBI) upgraded to Buy from Neutral at DA Davidson... The Medicines Co. (MDCO) upgraded to Buy from Hold at Jefferies... U.S. Bancorp (USB) upgraded to Buy from Neutral at Guggenheim... Weatherford (WFT) upgraded to Overweight from Equal Weight at Stephens.
09:18 EDTSTXSeagate upgraded to Buy from Hold at Cross Research
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August 27, 2015
09:40 EDTSTXSeagate to hold an update
Analyst and Investor Strategic Update is being held on September 2 at 9:15 am. Webcast Link
August 25, 2015
09:18 EDTSTXSeagate participates in a conference call with Maxim
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