On Thursday, Shares of Seagate Technology PLC (NASDAQ:STX), lost -1.40% to $36.66.
Starrex International Ltd., declares that, further to its news release dated December 9, 2015, the Company has determined to restate and re-file: (i) its first, second and third quarter unaudited interim financial statements for the periods ended March 31, June 30 and September 30, 2015 (originally filed on May 29, August 28 and November 30, 2015); (ii) the corresponding administration’s negotiations and analyses for the quarterly periods ended March 31, June 30 and September 30, 2015 (originally filed on May 29, August 28 and November 30, 2015); and (iii) the administration’s negotiation and analysis for the year ended December 31, 2014, originally filed on April 30, 2015.
The changes to the interim financial statements for 2015 arise principally out of the allocation of the valuations of the acquisitions accomplished by the Company on July 9, 2014, together with the divestitures effective May 1, 2015. The changes will comprise disclosure of the valuation process for the acquisitions, subsequent divesture allocations and the corresponding impact on the applicable financial statements and the accounting treatment therein.
The Company intends to file the amended and restated interim financial statements, the corresponding administration’s negotiations and analyses, and the administration’s negotiation and analysis for the year ended December 31, 2014, by January 22, 2016.
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. It provides hard disk drives, solid state hybrid drives, solid state drives, PCIe cards, and serial advanced technology architecture controllers that are designed for enterprise servers and storage systems in mission critical and near line applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, digital media systems, and surveillance systems.
Shares of Century Aluminum Co (NASDAQ:CENX), declined -7.72% to $4.42, during its last trading session.
Century Aluminum Co. (CENX) closed Wednesday up 1.91% at a price of 4.79. CENX has traded up for the past 3 weeks from a low of 3.30, up 45% presently. CENX has been trading sideways for the past week. Despite an RSI suggesting near-term overvaluation, when reviewing volume, momentum and daily closes, CENX is suggesting opportunity for continued upside if it surpasses its resistance of 4.85, which happens to be the high of day for the past 2 trading sessions from this week.
We are closely monitoring CENX for our newsletter subscribers and will alert them via email when CENX presents a gain opportunity.
Century Aluminum Company, together with its auxiliaries, produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The company was founded in 1995 and is headquartered in Chicago, Illinois.
Finally, Zoetis Inc (NYSE:ZTS), ended its last trade with -0.70% loss, and closed at $47.92.
Zoetis Inc.(ZTS) will host a webcast and conference call at 8:30 a.m. (EST) on Tuesday, Feb. 16, 2016. Chief Executive Officer Juan Ramón Alaix and Executive Vice President and Chief Financial Officer Paul Herendeen will review fourth quarter and full year financial results and respond to questions from financial analysts during the call.
Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals worldwide. The company operates through four segments: the United States; Europe/Africa/Middle East; Canada/Latin America; and Asia/Pacific.
