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Seagate Technology PLC (STX.O)

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Latest Key Developments (Source: Significant Developments)

Seagate Technology reports Q3 revenue $2.7 billion
Wednesday, 26 Apr 2017 08:01am EDT 

April 26 (Reuters) - Seagate Technology Plc :Seagate Technology reports fiscal third quarter 2017 financial results.Q3 revenue $2.7 billion.Q3 adjusted earnings per share $1.10.Sets quarterly cash dividend of $0.63per share.Seagate Technology Plc qtrly earnings per share $0.65.Q3 earnings per share view $1.07 -- Thomson Reuters I/B/E/S.Q3 revenue view $2.71 billion -- Thomson Reuters I/B/E/S.  Full Article

Seagate Technology says intends to close design center in Korea
Friday, 10 Mar 2017 07:40am EST 

Seagate Technology Plc : Seagate Technology Plc- intends to close design center in Korea, which will result in reduction of company’s headcount by approximately 300 employees . Seagate Technology Plc- action is expected to result in total pre-tax charges of approximately $50 million . Seagate Technology Plc - majority of the charges will be comprised of cash expenditures on severance and employee-related costs .Seagate Technology Plc- balance of charges will include other cash expenditures on exit-related costs, as well as other non-cash charges.  Full Article

Seagate Technology plc's unit issues principal amounts of Senior Notes due 2022 and 2024
Friday, 3 Feb 2017 12:37pm EST 

Seagate Technology plc : On Feb 3, 2017, Seagate HDD Cayman $750 million in aggregate principal amount of 4.250% Senior Notes due 2022 - SEC filing . Unit aslo issued$500 million in aggregate principal amount of 4.875% Senior Notes due 2024 -SEC filing . The Senior Notes due 2022 mature on March 1, 2022 .The Senior Note due 2024 mature on March 1, 2024.  Full Article

Seagate Technology announces pricing of $1.25 bln of senior unsecured notes offering
Tuesday, 31 Jan 2017 05:37pm EST 

Seagate Technology Plc :Seagate Technology announces pricing of $1.25 billion of senior unsecured notes offering.  Full Article

Seagate Technology reports pricing of $1.25 bln of senior unsecured notes offering
Tuesday, 31 Jan 2017 04:25pm EST 

Seagate Technology Plc : Seagate Technology announces pricing of $1.25 billion of senior unsecured notes offering . Seagate says priced its previously announced offering of $750 million aggregate principal amount of senior notes due 2022 . Seagate says priced its previously announced offering of $500 million aggregate principal amount of senior notes due 2024 . Seagate says 2024 notes were priced at 99.328 pct of aggregate principal amount and will bear interest at a rate of 4.875 pct per annum .Seagate Technology Plc says 2022 notes were priced at 99.770 pct of aggregate principal amount and will bear interest at a rate of 4.25 pct per annum.  Full Article

Seagate Technology says offering senior unsecured notes
Tuesday, 31 Jan 2017 09:10am EST 

Seagate Technology Plc :Seagate Technology announces offering of senior unsecured notes.  Full Article

Seagate announces offering of senior unsecured notes
Tuesday, 31 Jan 2017 08:49am EST 

Seagate Technology Plc :Announces offering of senior unsecured notes in private placement.  Full Article

Seagate expects a U.S. Dollar-Denominated offering of notes in a private placement
Friday, 27 Jan 2017 09:30am EST 

Seagate Technology Plc :Seagate technology - expects a u.s. Dollar-Denominated offering of notes in a private placement after planned meeting with investors on or about jan 30.  Full Article

Seagate Technology Q4 earnings per share $0.23
Tuesday, 2 Aug 2016 08:01am EDT 

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

Seagate Technology to cut 1,600 jobs in restructuring plan
Wednesday, 29 Jun 2016 04:13pm EDT 

Seagate Technology Plc : Announced restructuring plan to reduce co's global headcount by approximately 1,600 employees or 3% of its global headcount . Company expects restructuring plan to essentially be completed by the end of the September 2016 quarter . On June 27, seagate technology plc committed to restructuring 'plan as part of co's previously announced efforts to reduce its cost structure . Savings generated from the restructuring activities will represent approximately $100 million in savings on an annual run rate basis . Restructuring is expected to result in total pretax charges of $62 million recorded primarily in fiscal fourth quarter of 2016 .Charges to consist primarily of employee termination costs generating cash outlays in september 2016 quarter.  Full Article

BRIEF-Seagate appoints Kate Schuelke SVP, chief legal officer and corporate secretary

* Seagate appoints Kate Schuelke SVP, chief legal officer and corporate secretary Source text for Eikon: Further company coverage: