Seagate Technology PLC (STX.OQ)
27 Mar 2015
(The following statement was released by the rating agency) SINGAPORE, March 26 (Fitch) Fitch Ratings has placed the 'BB-' ratings on MMI International Ltd. (MMI) and its parent Precision Capital Private Limited (PCPL) on Rating Watch Negative. A complete list of ratings actions follows at the end of this release. The Negative Watch reflects MMI's adoption of a more aggressive financial policy, which is likely to weaken its already stretched credit profile. The new capital structure include
(The following statement was released by the rating agency) SINGAPORE/SYDNEY, January 29 (Fitch) Fitch has today affirmed MMI International Ltd's (MMI) and its parent Precision Capital Private Limited's (PCPL) Long-Term Foreign-Currency Issuer Default Ratings (IDR) at 'BB-'. The Outlook has been revised to Negative from Stable. Simultaneously, Fitch has affirmed the Singapore-based company's senior secured debt class rating at 'BB-'. A full list of rating actions is at the end of this rati
- Hard-drive maker Seagate Technology Plc's revenue forecast for the current quarter fell well short of analyst estimates, largely due to weakness in Europe, sending the company's shares down as much as 12 percent.
* Shares fall almost 12 pct (Adds analyst comments, updates share movement)
(The following statement was released by the rating agency) CHICAGO, November 24 (Fitch) Fitch Ratings has assigned a 'BBB-' rating to Seagate HDD Cayman's (Seagate HDD) $300 million of 20-year senior unsecured notes offering. The notes will be guaranteed by Seagate Technology plc (Seagate), the parent company of Seagate HDD. The Rating Outlook is Stable. Net proceeds from the debt offering will be used for the redemption of all outstanding 6.8% senior notes due 2016, of which $331 million w
- Hard-disk drive maker Seagate Technology Plc's quarterly profit and revenue beat the average analyst estimate as demand increased for its personal computer and cloud storage products.
(Adds analyst comment, outlook, details from conference call)
Oct 27 - Hard-disk drive maker Seagate Technology Plc reported an 8.5 pct rise in quarterly revenue, helped by higher demand for its personal computer and cloud storage products.
TEL AVIV - Israel's Reduxio Systems, a developer of computer storage technology, raised $15 million in a funding round led by Seagate Technology Plc, the company said on Monday.
TEL AVIV - Israel's Reduxio Systems, a developer of computer storage technology, raised $15 million in a funding round led by Seagate Technology Plc , the company said on Monday.
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