Seagate Technology Remains Tethered to Hard Disk Drives; FVE Unchanged at $38
Seagate Technology is a major player in the hard disk drive, or HDD, market. The firm has been under duress in recent years as the storage industry has been transitioning to solid-state drives. SSDs are faster and more reliable than HDDs, and have been replacing HDDs across PCs and servers. Although HDDs continue to boast superior cost metrics and higher capacities, SSDs have been closing these gaps. Seagate has not pursued SSD development as aggressively as its larger peer Western Digital has, ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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