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Stock Market & Financial Investment News

News Breaks
February 8, 2013
10:49 EDTSTXSeagate spikes higher, nearly fills bearish gap, levels to watch
Strength in the shares have been attributed to unconfirmed takeover speculation today, and its peer Western Digital (WDC) is also moving higher. The shares gapped down sharply after earnings back on January 28th, but the decline thereafter moderated, with a rounding base being built. Today, that big gap was substantially filled when price hit its session peak of $36.82, which is current resistance. Support is at $35.15.
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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