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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 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

Seagate Technology Q4 earnings per share $0.23
Tuesday, 2 Aug 2016 

Seagate Technology Plc : Q4 earnings per share $0.23 . Seagate technology reports fiscal fourth quarter and fiscal year 2016 financial results . Q4 revenue $2.7 billion .Q4 earnings per share view $0.60, revenue view $2.64 billion -- Thomson Reuters I/B/E/S.  Full Article

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Bain says will help Toshiba Memory pursue big acquisitions

TOKYO Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals.