Craig-Hallum Downgrades Seagate Technology (STX) to Sell

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Seagate Technology (STX) Tops Q4 EPS by 2c; Approves $2.5B Buyback

July 24, 2013 7:16 AM EDT

Seagate Technology (NASDAQ: STX) reported Q4 EPS of $1.20, $0.02 better than the analyst estimate of $1.18. Revenue for the quarter came in at $3.43 billion versus the consensus estimate of $3.42 billion.

The Board of Directors has authorized the Company to repurchase up to $2.5 billion of its outstanding ordinary... More