Can Seagate (STX) Keep It's Big, Fat, Juicy Dividend After The Major Restructuring?
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Starrex Updates Previous Disclosure on Restatements and Refilings
July 12, 2016 8:31 AM EDTTORONTO, ONTARIO -- (Marketwired) -- 07/12/16 -- Starrex International Ltd. ("Starrex" or the "Company") (CSE: STX) filed on Friday, April 8, 2016, restated interim financial statements and a revised management's discussion and analysis ("MD&A") for the third-quarter ended September 30, 2015 which can be found on SEDAR (www.sedar.com) under the Company's profile. This followed the filing on Friday, March 18, 2016 of restated audited financial statements and a revised MD&A for the Company for the year ended December 31, 2014 (see press release dated March 18, 2016) and the filings on Thursday,... More
Seagate Technology Announces Preliminary Financial Information for Fiscal Fourth Quarter and Year-End 2016
July 11, 2016 4:05 PM EDTCompany ships record exabyte capacity with average capacity per drive up 46% year-over-year
CUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the Company) today announced selected preliminary financial information for its fiscal fourth quarter and year- end 2016, which ended on July 1, 2016. Seagate expects to report revenue of approximately $2.65 billion, gross margin of 25% and non-GAAP gross margin of approximately 25.8% for the fiscal fourth quarter 2016. The Company expects to report HDD unit shipments of approximately 37 million, reflecting approximately 62 exabytes, average capacity per drive of 1.7 terabytes and average selling price per unit of $67... More
