Seagate Expects to Weather Nearline Headwinds
Seagate Technology started fiscal 2019 off with a strong quarter, as results beat consensus on both top and bottom lines. Seagate benefited from solid demand for its mass storage offerings with total exabytes growing by more than 40% year over year. However, as Western Digital intimated on the call last week, a pause in demand from enterprise and cloud customers for the firm’s high-ASP nearline products is going to be leave total sales significantly diminished going for the next three to four qu...
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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