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Seagate Technology announced that it will switch its stock exchange listing from The New York Stock Exchange to The Nasdaq Stock Market, an exchange of The NASDAQ OMX Group, Inc, effective September 16, 2008. Seagate Technology will be listed on The NASDAQ Global Select Market.
Commenting on this update, Bill Watkins, Seagate CEO said “We are delighted to make the move to the NASDAQ and look forward to leveraging their impressive trading platform to reach investors in key markets around the world. With this move we are ensuring that our investors have access to fast, high-quality trades in a more cost-effective structure for Seagate. We look forward to joining the impressive group of leading technology companies already listed on the NASDAQ.”
“Seagate is one of today’s leading companies and we are delighted that they have decided to transfer to our market. We welcome them to NASDAQ OMX’s family of innovative companies and look forward to supporting their continued growth by providing global visibility and superior value for their listing.” said Magnus Bocker, President of NASDAQ OMX. Deepa Sayal/ITvoir Network |
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Amid economic crunch, the good news has arrived from the US video game market. The market statistics indicate that US game market has grew by 18% in the last month. Despite of cut backs by consumers,...
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Apple, the famous iPhone maker has updated its Safari Web browser to version 3.2. The updated versions are available for download both for Mac OS X and Windows. The updated version is available free o...
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Accounting the recession and its impacts on chip market, the chip giant Intel has cut its forecasts related to fourth quarter. The recession is forcing a sharp slow in IT purchasing. Intel has noticed...
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Applied Materials, the leader in chip manufacturing equipment has declared its plans to reduce its global workforce by about 12 percent.For 12% reduction, the company will give pink slips to 1,800 wor...
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Dell, one of the world’s best known technology brands and Tally, India’s leading business application software company has announced a joint alliance program aimed at increasing the earnin...
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Sandisk, the leading player in Flash memory has announced to give pink slips to about 450 employees.Currently, Sandisk has 3000 employees. Laying-off 450 employees means giving pink slips to around 15...
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Seagate Technology has introduced the world’s fastest and greenest drive namely, the Savvio 15K.2 HDD, the new 15K-rpm addition to the Savvio family of 2.5-inch SAS 2.0 enterprise solutions. &nb...
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The latest market reports indicate that Apple has surpassed RIM in its long dominated segment. Apple’s iPhone 3G has moved ahead of Research In Motion’s (RIM) BlackBerry to take second pla...
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