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Late Market Roundup
Wednesday, September 29, 2010 - 11:15am | 174Gold futures moved down after reaching $1,315 previously in the day. Gold for December delivery fell $0.30 to $1,308 an ounce on the Comex division of the New York Mercantile Exchange (NYMEX). Silver maintained its 30-year high, with its December contract moving up $0.08 to $21.79 an ounce. Shares...
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JBL Rise After Upgrade
Wednesday, September 29, 2010 - 10:19am | 91Jabil Circuit Inc (NYSE: JBL) shares gained more than 5% on Wednesday. Needham & Co analyst Sean Hannan has upgraded JBL shares from “buy” to “strong buy.” Hannan cited a strong Q4 earnings and revenue performance as the reason for the upgrade. The target price for JBL remains unchanged at $23...
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Top Performing Industries For September 29 (INVE, MU, NFLX, JBL)
Wednesday, September 29, 2010 - 9:57am | 193At 10:41 am, the Dow lost 0.33% to 10,822.19, the broader Standard & Poor's 500 index moved down 0.42% to 1,142.88 and the NASDAQ composite index fell 0.36% to 2,370.93. The industries that are still afloat in the market today are: Computer Peripherals: This industry jumped 2.75% by 10:41 am....
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Jabil Circuit Earnings, Solid But Atypical
Wednesday, September 29, 2010 - 7:51am | 165Jabil Circuit (NYSE: JBL) recently reported its Q4 results and management was mainly focused on the bottom line. J.P. Morgan said the results were atypical as operating margin exceeded the forecast and the high end of guidance despite revenue falling below forecast and below prior midpoint...
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Deutsche Bank Lowers Estimates Following JBL's 4Q
Wednesday, September 29, 2010 - 6:50am | 146Deutsche Bank has published a research report for Jabil Circuit Inc. (NYSE: JBL) following 4Q10 result. In the report, Deutsche Bank writes "JBL reported mixed F4Q-10 results with revenue of $3.89B and EPS of $0.52 vs. Consensus of $3.89B/$0.49. Revenue grew 12% Q/Q with the EMS segment seeing...
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Citigroup Raises Estimates For Jabil
Wednesday, September 29, 2010 - 6:11am | 98Citigroup has published a research report for Jabil Circuit Inc. (NYSE: JBL). In the report, Citigroup writes "We are adjusting our revenue estimates to reflect Jabil's diversification efforts and lessening seasonality. While our top line growth numbers come in slightly, we believe JBL has made...
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Jabil Circuit Inc. Chairman Sells 19,200 Shares of JBL
Tuesday, September 28, 2010 - 2:21pm | 64In a Form 4 filed earlier today, Jabil Circuit Inc. (NYSE: JBL) Chairman of the Board, William Morean, reported that he sold 19,200 shares of JBL on September 27th for an average price of $13.83. The transaction totaled $265,563. This sale was 10b5-1 Plan indicated. Mr. Morean owns 3,823,133 direct...
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Tech Stocks Add To Earlier Loss, RIMM And JBL Among Top Decliners (RIMM, JBL, AAPL, DELL, MSFT, GOOG)
Tuesday, September 28, 2010 - 11:50am | 230US Technology stocks fell to add to their decline in previous sessions. Shares of Research In Motion Ltd (NASDAQ: RIMM) and Jabil Circuit Inc (NYSE: JBL) were the top losers in the list. RIMM has launched the PlayBook in response to the iPad by Apple Inc (NASDAQ: AAPL). The PlayBook is likely to...
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Jabil Circuit's EPS Beat
Tuesday, September 28, 2010 - 7:31am | 124Citigroup has published a research report for Jabil Circuit Inc. (NYSE: JBL) on EPS and margins. In the report, Citigroup writes "Jabil reported 4Q'10 (Aug) revenues of $3.86 billion, in-line with consensus at $3.89 billion and the company's guidance of $3.8b to $4.0b. Core EPS of $0.52 is better...
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Stocks To Watch For September 28 (WAG, JBL, ZZ, PAYX, RIMM, AAPL)
Tuesday, September 28, 2010 - 3:27am | 279Some of the stocks that may grab the investor focus today are: Wall Street expects Walgreen Company (NYSE: WAG) to post its FQ4 EPS at $0.44. WAG's shares rose 0.23% to $30.42 in after-hours trading. Jabil Circuit Inc (NYSE: JBL) reported its Q4 profit at $0.27 per share, up from $0.03 per share,...
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Jabil Circuit Reports Solid Earnings; Shares Bid Slightly Lower (JBL)
Monday, September 27, 2010 - 4:30pm | 167Jabil Circuit Inc. (NYSE: JBL) reports Q4 earnings of $0.52 versus consensus of $0.49. Jabil Circuit Inc. reports revenues of $3.9 billion versus consensus of $3.89 billion. "As underlying demand trends appear to be stable, our continuing penetration into high growth markets and differentiated...
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How To Play Jabil Circuit's Earnings (JBL)
Monday, September 27, 2010 - 2:36pm | 270Shares of Jabil Circuit, Inc. (NYSE: JBL) are higher on the session by 1.03%, currently trading at $26.95. The company is scheduled to report earnings later today, after the closing bell. For a full earnings preview, including technical breakdown, earnings/guidance estimates, and volatility...
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Earnings Preview: Jabil Circuit, Inc. (JBL)
Monday, September 27, 2010 - 2:27pm | 314Jabil Circuit, Inc. (NYSE: JBL) is currently higher on the session by 1.69%, trading at $13.79. The company is scheduled to report earnings today, after the closing bell. • Estimates The Street is looking for Q4 earnings per share of $0.49 on revenue of $3.89 billion. These estimates have remained...
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Week in Preview: Earnings Expectations for Walgreen, Family Dollar, Jabil Circuit
Monday, September 27, 2010 - 8:29am | 564One of the most prominent quarterly reports scheduled this week, as the quarter winds down, comes from Walgreen (NYSE: WAG). Analysts surveyed by Thomson Reuters are looking for the drugstore chain operator to report Tuesday that its fiscal fourth-quarter earnings were about the same as a year ago...
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Top 4 Stocks In the Printed Circuit Boards Industry With The Highest Operating Cash Flow (FLEX, JBL, BHE, SANM)
Monday, September 27, 2010 - 5:47am | 135Below are the top printed circuit board stocks on the NYSE and the NASDAQ in terms of operating cash flow. The trailing-twelve-month operating cash flow at Flextronics International Ltd (NASDAQ: FLEX) is $780.81 million. FLEX's PEG ratio is 0.60. The trailing-twelve-month operating cash flow at...