Electronic Manufacturing Services

CTS Corporation (NYSE: CTS) today announced it has reached a definitive agreement to acquire certain assets and liabilities of Fordahl SA, a privately held company located in Brügg, Switzerland. Revenues are initially estimated at $5 million in 2011 and are expected to grow double-digit over the...

Citi published its Electronics Manufacturing Supply update and made its top picks in the market. Citi writes, "Our top stock picks are in the connector industry which has stronger margins and design barriers to entry and we have Buy ratings on both Amphenol (NYSE: APH) and Tyco Electronics (NYSE:...

Shares of Methode Electronics, Inc. (NYSE: MEI) are trading up 10.4% at $13.02 per share during the Thursday afternoon trading session. The day's trading range for shares of Methode Electronics, Inc has been between $11.90 and $13.26 per share. Analysts covering the company's stock give it a...

Tyco Electronics Ltd. (NYSE: TEL) today announced the completion of the acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT).

Methode Electronics, Inc. (NYSE: MEI) is trading up 11.45%. Shares last traded at $13.14, up from $11.79 at yesterday's close.

Trimble (Nasdaq: TRMB) announced today it has acquired Tata AutoComp Mobility Telematics Limited, a wholly-owned company of Tata AutoComp Systems Limited of Pune, India. TMT is a leading provider of telematics solutions and Mobile Resource Management services in India and serves large customers...

Methode Electronics, Inc. (NYSE: MEI) released financial results on Thursday morning. Methode Electronics, Inc announced a 2nd quarter net loss of $0.5 million, or 1 cent per share, compared to net income of $2.1 million, or 6 cents per share, a year earlier. Methode Electronics, Inc. (MEI)...

Park Electrochemical Corp. (NYSE: PKE) announced the promotion of Christopher T. Mastrogiacomo to Senior Vice President of Strategic Marketing for the Company.

ADC Telecommunications Inc. (ADCT) recently won a contract from Halstad Telephone Co. to provide fiber connectivity and management solutions for Halstad's FTTP (fiber-to-the-premises) network.  The network deployment is expected to be completed by mid-2011 and will support residential and...

ADC Telecommunications Inc. (ADCT) recently won a contract from Halstad Telephone Co. to provide fiber connectivity and management solutions for Halstad's FTTP (fiber-to-the-premises) network.  The network deployment is expected to be completed by mid-2011 and will support residential and...

The Board of Directors of CTS Corporation (NYSE: CTS) announced the fourth quarter dividend of $0.03 per share, payable February 4, 2011, to shareholders of record at the close of business on December 31, 2010.

Goldman Sachs is raising its six-month price target on shares of Jabil Circuit, Inc. (NYSE: JBL) to $21 (from $19), based on slightly higher blended multiple (9X P/E and 5X EV/EBITDA) to reflect the recent multiple expansion in the broader market. Jabil Circuit, Inc. closed Tuesday at $17.05.

Gold Fields Ltd (NYSE: GFI) was upgraded by HSBC from "neutral" to "overweight." GFI's shares closed at $18.13 yesterday. Gold Fields' quarterly revenue surged 22.10% y/y. Credit Suisse upgrade Novartis AG (NYSE: NVS) from "neutral" to "outperform." NVS' shares closed at $54.50 yesterday. Novartis...

Park Electrochemical Corp. (NYSE: PKE) announced the retirement of Patrick T. Crowley as Vice President of Research and Development of the Company.

Tyco Electronics Ltd. (NYSE: TEL) announced today that it has received merger control clearance from the European Commission for its proposed acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT). This clearance satisfies the condition of the tender offer related to European Union regulatory...