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Disk drive manufacturer Seagate Technology cited favorable demand and pricing for its products Wednesday when it raised its guidance for its fiscal 2009 fourth quarter.
The company, which is headquartered Read More → 
Western Digital, the disk drive maker based in Southern California, said that demand in its current quarter is "tracking ahead of the expectations which (Western Digital) outlined in its last earnings Read More → 
William Watkins, the former chief executive of Seagate Technology who departed in a January management shake-up by the disk drive manufacturer, was named Tuesday to the board of directors Read More → 
Seagate Technology, which cut its most recent quarterly dividend 75 percent, said today it is discontinuing it altogether as a move to "further enhance liquidity" and reduce cash "outflows" by an Read More → 
In order to increase its "flexibility in meeting its obligations" under its current credit agreement", Seagate Technology on Friday renegotiated some of the terms of its credit facility with Read More → 
While some companies are trimming the size of their boards in order to save costs, Seagate Technology expanded its board by two to 11 members earlier this month to accommodate the Read More →