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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Starrex International Ltd | CSE:STX | CSE | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.12 | 0.12 | 0.40 | 0 | 01:00:00 |
From May 2019 to May 2024
Seagate Technology Inc. (STX) expects to take a $64 million non-cash charge to impairment of goodwill and other long-term assets to write-down the value of equipment it plans to sell.
According to a filing with the Securities and Exchange Commission, Seagate will take the charge during its fiscal first-quarter of 2010.
The hard-drive maker will sell equipment "related to certain research activities that have ceased," and is writing-down the assets to fair value less the cost of the sale.
Seagate doesn't expect the charges to result in any material future cash expenditures.
Seagate shares closed down 4.6% to $14.51 Thursday. The stock was inactive after-hours.
-By Jerry A. DiColo, Dow Jones Newswires; 212-416-2155; jerry.dicolo@dowjones.com
1 Year Starrex Chart |
1 Month Starrex Chart |
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