Maxtor MXO on Monday announced the immediate resignation of president, CEO, and acting CFO Paul Tufano. Though the company did not specify
Shareholders voted Wednesday to approve Seagate Technology's STX $2 billion acquisition of Maxtor MXO . The deal should close within the next few days, and Maxtor shares will no longer trade as of Monday. The all-stock transaction
Shareholders voted Wednesday to approve Seagate Technology's STX $2 billion acquisition of Maxtor MXO . The deal should close within the next few days, and Maxtor shares will no longer trade as of Monday. The all-stock transaction
Microsoft's MSFT delay of its Vista operating system has no effect on our valuation estimates for drive-makers Maxtor MXO , Seagate STX, and Western Digital WDC. Vista's graphics- and video-intensive applications require heightened processing
accounting officer. We are maintaining our $5 fair value estimate. Previously, Tufano was CEO of disk drive manufacturer Maxtor MXO . However, during his tenure, Maxtor experienced poor operating performance during a reasonably strong disk drive market
Seagate STX has announced its intention to acquire Maxtor MXO for $1.9 billion in an all-stock transaction. After updating our fair value estimates for Seagate and Maxtor, we feel the
Hard disk drive industry leader Seagate Technology STX announced Wednesday that it is buying rival Maxtor MXO , currently number three in the industry. If the acquisition is approved, Agere Systems AGR would not be better off, in our
Seagate STX announced Wednesday its intention to acquire Maxtor MXO for $1.9 billion (about $7 per share) in an all-stock transaction. At first blush, the acquisition looks a little expensive
concessions. To gain a better understanding of long-term industry capacity, we'll listen to next week's earnings results of competitors Western Digital WDC and Maxtor MXO , and will update our long-term price assumptions accordingly.
On Wednesday, Maxtor MXO reported a net loss of $108 million for year-to-date September 2004; this has prompted us to place the fair value estimate