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ID: 32832
Title: Price Wars Hit Seagate (BusinessWeek Online)
Description: BusinessWeek Online - Seagate Technology warned that its revenue would be lower than expected for the March quarter, as the hard disk drive maker continues to struggle against rivals in a bitter price war that has lasted for years. After the news, the stock fell 9% to $21.34 in late morning trading on the New York Stock Exchange Apr. 10.
Category: Business/Stock Markets/
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Date Added: April 11, 2007 12:08:41 PM
Number Hits: 0