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Jabil Circuit Up After Earnings Beat (JBL)
Monday, December 20, 2010 - 4:26pm | 125Shares of Jabil Circuit, Inc. (NYSE: JBL) are up around 3% in after hours trading after the company reported better than expected earnings. JBL reported earnings of 61 cents per share on revenues of $4.1 billion. Wall Street expected Q1 earnings of 54 cents on revenues of $3.96 billion. Jabil...
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Options Brief: Jabil Circuit, Inc. (JBL)
Monday, December 20, 2010 - 1:10pm | 95Shares of Jabil Circuit, Inc. (NYSE: JBL) are higher on the session by 0.46%, trading at $17.55. Overall call volume is now running at 3.37x the daily average, with 49% of all calls traded being purchases on the offer. 5,088 contracts have traded on the session so far. Jabil Circuit, Inc. is a...
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Mercury Computer Systems Wins Subcontract to Supply ITT Electronic Systems
Monday, December 20, 2010 - 9:16am | 120Mercury Computer Systems Inc. (NASDAQ: MRCY) confirmed that it has been awarded a subcontract by ITT Electronic Systems to deliver products and services for the JCREW 3.3 program. As recently announced by ITT Electronic Systems, the U.S. Naval Sea Systems Command has exercised the third option of...
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US Stock Futures Up, All Eyes On Korean Tensions
Monday, December 20, 2010 - 6:48am | 241US stock futures are higher this morning ahead of year-end holidays. The tensions on the Korean peninsula are also in focus. Futures on the Dow Jones Industrial Average rose 23 points to 11,453.00 and S&P 500 futures gained 3.20 points to 1,241.40. Nasdaq 100 futures moved up 6.5 points to 2,...
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Earnings Scheduled For December 20 (DRI, JBL, PAYX, ADBE)
Monday, December 20, 2010 - 4:12am | 116Darden Restaurants Inc (NYSE: DRI) is forecast to report its Q2 earnings at $0.54 per share on revenue of $1.73 billion. Jabil Circuit Inc (NYSE: JBL) is likely to report its Q1 EPS at $0.55 on revenue of $3.96 billion. Paychex Inc (NASDAQ: PAYX) is projected to report its Q2 EPS at $0.35 on...
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Stocks To Watch For December 20 (JBL, ADBE, PAYX, CHK, DRI)
Monday, December 20, 2010 - 4:03am | 178Some of the stocks that may grab investor focus today are: Wall Street expects Jabil Circuit Inc (NYSE: JBL) to report its Q1 EPS at $0.55. JBL shares gained 1.20% to $17.68 in after-hours trading. Analysts are expecting Adobe Systems Incorporated (NASDAQ: ADBE) to have earned $0.52 per share in...
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Stocks Going Ex Dividend the Fifth Week of December
Saturday, December 18, 2010 - 12:37pm | 757Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Puts Purchased on Smart Modular Technologies (SMOD)
Friday, December 17, 2010 - 11:07am | 96Shares of Smart Modular Technologies (NASDAQ: SMOD) are lower on the session by 14.60%, currently trading at $5.44. The stock has been in wild volatile swings over the past six months; it is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on Smart...
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Citi Lowers Price Target On SMART Modular Technologies (SMOD)
Friday, December 17, 2010 - 7:42am | 125Citi Investment Research is lowering its price target on SMART Modular Technologies Inc (NASDAQ: SMOD) to $8 from $9, and is keeping its Hold rating after the company reported earnings yesterday. In a note sent to clients, Citi writes, "We are lowering our estimates to reflect the drastic decline...
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Citigroup Lowers SMOD PT From $9 To $8
Friday, December 17, 2010 - 6:43am | 21Citigroup has lowered its PT on SMART Modular Technologies (NASDAQ: SMOD) from $9 to $8.
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SMART Modular Technologies Plunging (SMOD)
Thursday, December 16, 2010 - 4:51pm | 47SMART Modular Technologies (WWH), Inc. (NASDAQ: SMOD) is plunging in after-hours trading, as it's down more than 13% on heavy volume after the company missed earnings tonight. At last check, shares of SMOD are down 87 cents to $5.50 in extended hours.
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RadiSys Announces $20M Buyback
Thursday, December 16, 2010 - 4:08pm | 43RadiSys Corporation (NASDAQ: RSYS) announced today that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $20 million of its common stock at the discretion of management.
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RadiSys Sees Q4 EPS of $0.01 to $(0.02)
Thursday, December 16, 2010 - 4:07pm | 138RadiSys Corporation (NASDAQ: RSYS) today announced that it anticipates its revenue and earnings for the fourth quarter ending December 31, 2010 to be lower than its previously stated guidance. Fourth quarter revenue is now expected to be between $62 and $64 million, down from the previous guidance...
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FBI Arrests More On Insider Trading Case (GS, DELL, TSM)
Thursday, December 16, 2010 - 12:53pm | 204The FBI arrested four more today in the insider-trading case, as part of its larger imitative to crack down on this. Daniel Devore, formerly a global supply manager for Dell Inc. (NASDAQ: DELL) last week plead guilty to committing wire fraud and conspiracy to commit wire fraud and securities fraud...
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Park Electrochemical Corp. Announces Additional Charge of Approximately $1.3 Million in Connection with the Closure of Its Neltec Europe SAS Business Unit
Thursday, December 16, 2010 - 9:52am | 108Park Electrochemical Corp. (NYSE: PKE) announced that it will record an additional pre-tax charge of approximately $1.3 million in connection with the closure, in January of 2009, of its Neltec Europe SAS electronic materials business unit in Mirebeau, France. The Company previously recorded a pre-...