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Seagate Technology PLC (STX.OQ)

STX.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Seagate Technology Announces CFO Resignation
Monday, 30 Jul 2018 

July 30 (Reuters) - Seagate Technology PLC ::SEAGATE TECHNOLOGY ANNOUNCES CFO RESIGNATION.SEAGATE TECHNOLOGY PLC - DAVID H. MORTON, JR., EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER AT SEAGATE, WILL LEAVE COMPANY.SEAGATE TECHNOLOGY PLC - NAMED KATHRYN R. SCOLNICK INTERIM CFO.SEAGATE TECHNOLOGY PLC - MORTON WILL LEAVE COMPANY ON AUGUST 3, 2018.  Full Article

Seagate Technology Reports Q4 Earnings Per Share $1.57
Monday, 30 Jul 2018 

July 30 (Reuters) - Seagate Technology PLC ::SEAGATE TECHNOLOGY REPORTS FISCAL FOURTH QUARTER AND FISCAL YEAR 2018 FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $1.57.Q4 REVENUE $2.8 BILLION VERSUS I/B/E/S VIEW $2.8 BILLION.Q4 EARNINGS PER SHARE VIEW $1.45 -- THOMSON REUTERS I/B/E/S.QTRLY NON-GAAP DILUTED EARNINGS PER SHARE OF $1.62.  Full Article

Seagate Technology Sees Q2 Revenue About $2.9 Bln
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Seagate Technology Plc ::SEES Q2 GAAP AND NON-GAAP GROSS MARGIN OF ABOUT 30 PERCENT.SEAGATE SEES Q2 EXABYTE SHIPMENTS OF APPROXIMATELY 88 EXABYTES.SEAGATE TECHNOLOGY ANNOUNCES PRELIMINARY FINANCIAL INFORMATION FOR FISCAL SECOND QUARTER 2018 AND COMPLETION OF LONG-TERM NAND SUPPLY AGREEMENT WITH TOSHIBA MEMORY CORPORATION.SEES Q2 2018 REVENUE ABOUT $2.9 BILLION.SEAGATE - GAAP AND NON-GAAP OPERATING. EXPENSES FOR DEC. QUARTER EXPECTED TO BE ABOUT $444 MILLION AND $390 MILLION RESPECTIVELY.Q2 REVENUE VIEW $2.74 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Seagate Technology - Intends To Reduce Global Headcount By About 500 Employees
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Seagate Technology Plc ::SEAGATE TECHNOLOGY PLC - INTENDS TO REDUCE ITS GLOBAL HEADCOUNT BY APPROXIMATELY 500 EMPLOYEES.SEAGATE TECHNOLOGY PLC - EXPECTS GLOBAL HEADCOUNT REDUCTION TO BE SUBSTANTIALLY COMPLETED BY END OF FISCAL YEAR 2018 - SEC FILING.SEAGATE TECHNOLOGY PLC - EXPECTS GLOBAL HEADCOUNT REDUCTION TO RESULT IN TOTAL PRE-TAX CHARGES OF APPROXIMATELY $50 MILLION IN FISCAL YEAR 2018.SEAGATE TECHNOLOGY - SAVINGS GENERATED FROM HEADCOUNT REDUCTION WILL REPRESENT ABOUT $65 MILLION IN SAVINGS ON AN ANNUAL RUN-RATE BASIS.SEAGATE TECHNOLOGY PLC - SAVINGS GENERATED FROM HEADCOUNT REDUCTION EXPECTED TO BE RECOGNIZED BEGINNING IN MARCH 2018 QUARTER.  Full Article

UPDATE 1-Samsung plans to lower memory chip growth as demand slowdown looms - Bbg

Sept 20 Samsung Electronics Co Ltd is planning to curb growth in memory chip output next year to keep supplies tight amid an expected slowdown in demand, Bloomberg reported on Thursday, citing people briefed on the matter.