Seagate Technology (STX) positive despite profit drop
Normal 0 false false false MicrosoftInternetExplorer4 Seagate Technology Inc. (NASDAQ: STX) recovered 0.4% to $37.41. The producer of disk drives reported a 13% drop in fiscal-second-quarter profit. Adjusted earnings came in at $1.38 a share compared with one estimate of $1.27. Share volume was 8.8 million, rapidly catching up on all-day average of nine million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}
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