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Seagate’s Q2 Profit Beats Forecast; Shares Slip as Outlook Disappoints (STX)

Seagate Technology Plc (NASDAQ: STX), a provider of electronic data storage products, after-market close on Monday reported better-than-expected second-quarter results. However, the company gave a disappointing outlook for the third quarter, sending shares down sharply in pre-market trading today.

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Major Movers on January 9; AA, CLWR, DISH, S, APOL, FB, NUVA, STX

Shares of Alcoa Inc. (NYSE: AA) gained on Tuesday. The aluminum giant, whose results are considered as an economic bellwether, swung into profit in the fiscal fourth quarter. Earnings after excluding onetime gains were in line with analysts’ expectation. The Company also boosted its outlook on global aluminum demand for 2013. Alcoa now expects global [...]

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Seagate Technology Shares Gain as Company Announces Preliminary Q2 Financial Results (STX)

Shares of Seagate Technology Plc (NASDAQ: STX), a provider of electronic data storage products, have risen sharply in early trading today after the company reported preliminary second-quarter financial results.

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