Seagate Sees Results Above Estimates
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Seagate Technology, the top U.S. maker  of computer hard-disc drives, on Tuesday forecast quarterly  earnings and revenue above Wall Street estimates amid stronger  demand for its products than in the previous quarter.
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Seagate Technology STX.N, the top  U.S. maker of hard drives used to store data in computers, on  Tuesday forecast quarterly revenue above Wall Street estimates  on strong demand for storage for larger business computers.
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Stocks to watch Tuesday: SEAGATE TECHNOLOGY :
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Seagate Technology (STX :NYSE - news - research) shares jumped early Tuesday after the company issued bullish earnings guidance. The company said it expected EPS of 6 cents to 8 cents a share on revenue of
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Seagate Technology, the worldÂs largest maker of computer disk drives, said it would invest $819 million in its third plant in Singapore for data-storage devices. Jerry Glembocki, senior vice president of SeagateÂs recording heads and media operations, said the new plant would begin operating in mid-2008 and create 3,000 jobs. Lim Hng Kiang, minister for trade and industry, said in a speech that the new facility was a key development for Singapore, which last year accounted for production of a quarter of the worldÂs disk media.
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Microsoft reported quarterly sales and profit gains that surpassed Wall Streetâs expectations, and delivered an optimistic outlook.
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Technical support improvements lead to better overall scores for PC industry.
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High prices don't drop demand In brief Disk drive behemoth Seagate is giving a notably large bump to its fiscal first quarter revenue forecast today, citing strong demand, favorably high prices and a better product mix.â¦
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Western Digital has boosted the capacity of its My Book line of external drives.
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Investors may be panicking, but Seagate CEO Bill Watkins says business and tech trends paint a different picture than the one on CNBC.
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The impact of heavy use on hard disk drive failure may by overstated, says a report by three Google engineers.
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Decide to do something about portable data storage now rather than later. Let your auditors and risk management staff know that 4GB dip sticks are here, and 1.6TB gel disks are around the corner.
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Seagate has launched the highest capacity PC hard disk to date. Pitched at desktop computers, the new Barracuda 7200.8 hard disk is a 7200rpm model that&#39;s available with either a fast SATA or Ultra ATA interface
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It's one of those inevitable events that still sounds incredible when you finally hear it for real: Seagate announced yesterday it's preparing to deliver 1 terabyte (TB) consumer-grade internal hard drives during the third quarter of this year.
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Disk drive makers were on a roll Wednesday morning after industry giant Western Digital Corp. upped its outlook for the current quarter.
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Seagate Technology, the top US maker of computer hard-disc drives, on Tuesday forecast quarterly earnings and revenue above Wall Street estimates amid stronger demand for its products than in the previous quarter.
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NOVEMBER 17, 2004 (IDG NEWS SERVICE) - Seagate Technology LLC said yesterday that it has started shipping a hard disk drive, targeted at PCs, that offers 400GB of storage space.