JOURNALIST • EDITOR • DIGITAL STORYTELLING
By JENNIFER PITTMAN
Santa Cruz Sentinel
SCOTTS VALLEY — After a dismal December, Seagate Technology finally got a little good news Friday, thanks to an upbeat — though qualified — analyst report that cited the company’s recent cost-cutting efforts and improved competitiveness in the notebook market. Shares jumped a whopping 65 cents or 14.7 percent.
It was, however, a small reprieve in a sea of bad news for the disk drive maker that saw its stock dive more than 80 percent last year. (MORE)