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Stock Market & Financial Investment News

News Breaks
December 10, 2012
11:39 EDTWDC, STXAppeals court affirms ruling in Rembrandt case against Western Digital, Seagate
The U.S. Court of Appeals for the Federal Circuit affirmed a lower court ruling in a patent infringement suit brought by Rembrandt Data Storage against Western Digital (WDC) and Seagate Technology (STX). In its 10-Q filed last month, Western Digital said, "After a favorable claim construction ruling by the court, Western Digital secured a stipulation from [Rembrandt] to dismiss the case. [Rembrandt] has appealed the Courtís claim construction ruling, and the parties await a hearing on the appeal." The asserted patents allegedly relate to specific thin film heads having solenoid coils, according to Western Digital's quarterly filing. Reference Link
News For WDC;STX From The Last 14 Days
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September 17, 2014
12:01 EDTSTXSeagate signs strategic agreement with Baidu
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September 15, 2014
08:27 EDTSTXSeagate revenue upside guidance reinforces bullish stance, says Brean Capital
Brean Capital noted Seagate's raised revenue guidance, citing good strength across all drives segments. The firm said they now see new upside to its September quarter and that Seagate could see an incrementally strong December quarter versus the company's original flat forecast, given its current cloud momentum. Brean has a Buy rating with a $70 price target on the stock.
07:19 EDTSTXSNIA to hold a conference
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September 12, 2014
12:59 EDTSTXSeagate price target raised to $65 at FBN Securities after FY17 guidance issued
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10:10 EDTSTXSeagate raises September quarter view at analyst day, says Brean Capital
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05:45 EDTSTXSeagate to host conference call
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September 10, 2014
08:02 EDTSTXSeagate says has shipped 10 millionth solid state hybrid hard drive
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September 8, 2014
14:30 EDTSTXSeagate volatility low into strategic update
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