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Goldman Remains Sell On Flextronics International After Analyst Day
Wednesday, May 25, 2011 - 6:19am | 115Goldman Sachs has a Sell rating on shares of Flextronics International Ltd. (NASDAQ: FLEX) after the company hosted an Analyst Day. In a note to clients, Goldman writes, "We attended Flextronics Analyst Day today in NY. The event was a 180 degree turn from last year, with the focus shifting from...
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Sanmina-SCI Corporation Announces the Final Results for its Previously Announced Tender Offer and Consent Solicitation
Tuesday, May 24, 2011 - 3:07pm | 156Sanmina-SCI Corporation (NASDAQ: SANM) announced today that its previously announced cash tender offer and consent solicitation (the "2013 Notes Offer") for any and all of its 6 3/4% Senior Subordinated Notes due 2013 (the "2013 Notes") expired at 8:00 a.m., New York City time, on May 24, 2011, in...
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Collins Stewart Reports on Jabil Circuit
Tuesday, May 24, 2011 - 7:50am | 219Collins Stewart commented on Jabil Circuit (NYSE: JBL) in a report released today. In the report, Jabil Circuit was positive in its outlook of the company. Collins Stewart writes, "We believe the EMS industry is past its restructuring wave with industry OM's at ~4% from 1%-2% on average & has...
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Maxwell Technologies to Supply Ultracapacitors for Flextronics Automotive Recuperation System for Fuel-Efficient
Tuesday, May 24, 2011 - 7:15am | 272Maxwell Technologies (Nasdaq: MXWL) has been selected to supply ultracapacitors to Flextronics Automotive, a segment of Flextronics and a leading global automotive supplier, for the energy storage module of a recuperation system that Flextronics Automotive will produce to reduce fuel consumption...
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MFLEX Announces Appointment of See Meng Wong to Board of Directors
Monday, May 23, 2011 - 8:02am | 58Multi-Fineline Electronix (NASDAQ: MFLX) today announced that See Meng Wong, age 62, has been appointed to the Company's Board of Directors as a non-independent director. Mr. Wong has also been appointed to the Company's Compensation Committee. The appointment of Mr. Wong increases the size of the...
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Options Brief: TE Connectivity Ltd. (TEL)
Thursday, May 19, 2011 - 9:27am | 77Shares of TE Connectivity Ltd. (NYSE: TEL) are higher on the session by 0.52%, trading at $36.40. Overall put volume is now running at 14.07x the daily average, with 3% of all puts traded being purchases on the offer. 1,716 contracts have traded on the session so far. TE Connectivity Ltd.,...
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Piper Jaffray Overweight On IPG Photonics (IPGP)
Wednesday, May 18, 2011 - 6:41am | 158Piper Jaffray has an Overweight rating and a $83 price target on shares of IPG Photonics (NASDAQ: IPGP). In a note to investors, Piper Jaffray writes, "According to the International Federation of Robotics, orders for industrial robots doubled y/y in 2010 returning to pre-recession peaks with...
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CEOWORLD Top Computer Peripherals Stocks on 5/13/11- PANL, SNX, RDCM, SYNA, IMMR, CSPI, GRB, SMT, RIMG, EFII, MRCY…
Friday, May 13, 2011 - 6:01am | 1762Universal Display Corporation (PANL) is trading at a price of $47.2, a dramatic change of 3.78 with % change of 8.71 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 2.10B SYNNEX Corporation (SNX...
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CEOWORLD Top Computer Hardware Stocks on 5/13/11- NSIT, AGYS, SCKT, GTSI, DGII, SED, TECD, IN, IM, CRAY, CCUR, AAPL, DELL, HPQ, SMCI, RSYS, SGI
Friday, May 13, 2011 - 5:34am | 1563Insight Enterprises Inc. (NSIT) is trading at a price of $17.99, a dramatic change of 0.58 with % change of 3.33 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 840.34M Agilysys Inc. (AGYS) is...
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Santerno Chooses Sanmina-SCI as Partner to Build Solar Inverters in Ottawa, Canada
Thursday, May 12, 2011 - 7:33am | 65Sanmina-SCI Corporation (Nasdaq: SANM) and Santerno Inc. today jointly announced that Sanmina-SCI will manufacture Santerno's solar inverters for commercial applications at its Ottawa, Ontario, Canada facility. Production of the solar inverters at Sanmina-SCI's Ontario facility expands Santerno's...
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Flextronics and MEMC Expand Partnership to Produce Solar Panels for SunEdison
Wednesday, May 11, 2011 - 3:08pm | 141Flextronics (NASDAQ: FLEX) and MEMC Electronic Materials, Inc. (NYSE: WFR) today announced the expansion of an agreement between Flextronics and MEMC's affiliate, MEMC Singapore, to produce solar panels for MEMC's SunEdison subsidiary. This partnership expansion includes the production of solar...
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Bank of America Impressed With IPGP's Confident Tone
Wednesday, May 11, 2011 - 7:35am | 110IPG Photonics Corporation (NASDAQ: IPGP) CFO Tim Mammon presented at Bank of America's SMID conference “and struck a confident tone, in our opinion.” “The company would normally have limited visibility into 4Q (Dec) at this point but orders placed in 1Q for 4Q shipment indicated the year is...
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Sanmina-SCI Corporation Announces Early Settlement for its Previously Announced Tender Offers and Consent Solicitation (SANM)
Tuesday, May 10, 2011 - 3:08pm | 139Sanmina-SCI Corporation (Nasdaq: SANM) announced today that, as of 5:00 p.m., New York City time, on May 9, 2011 (the "Early Tender and Consent Deadline"), it had received tenders and consents from holders of $279,340,000 in aggregate principal amount of its 6 3/4% Senior Subordinated Notes due...
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Sprint Teams with Trimble to Deliver Fleet Management Services
Tuesday, May 10, 2011 - 7:36am | 97Sprint (NYSE: S) today announced that it is teaming with Trimble (NASDAQ: TRMB) to provide U.S. government agencies a broad range of fleet management capabilities and solutions as part of a Blanket Purchase Agreement awarded by the U.S. General Services Administration. The BPA will be...
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Puts Purchased on Flextronics International (FLEX)
Monday, May 9, 2011 - 9:51am | 147Shares of Flextronics International (NASDAQ: FLEX) are lower on the session by 0.28%, currently trading at $7.00. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name...