Electronic Manufacturing Services

Trimble (Nasdaq: TRMB) and the Hilti Group announced today that they have reached a definitive agreement to form Intelligent Construction Tools, LLC. The joint venture, 50 percent owned by Trimble and 50 percent owned by Hilti, will focus on leveraging technologies from both companies to develop...

SigmaTron International, Inc. (Nasdaq: SGMA), an electronic manufacturing services company,today reported revenues and earnings for the fiscal quarter ended July 31, 2010. Revenues increased to $38.1 million in first quarter of fiscal 2011 from $26.3 million for the same quarter in the prior year....

J.P.Morgan Chase & Co is cautious on Molex (NASDAQ: MOLX), after meeting with company management yesterday at the company's analysts day yesterday. It has a Underweight rating, and a $19.50 price target on shares of Molex. In the research note, J.P. Morgan writes, "Yesterday’s analyst day was...

Citi Investment Research continues to reiterate a Hold rating on Molex Inc (NASDAQ: MOLX), after the company hosted its analyst meeting yesterday. It has a $23 price target on shares. In the research report, Citi notes, "We are positive on the connector space as we believe the industry continues...

Shares of Molex Inc. (NASDAQ: MOLX) are higher on the session by 1.15%, currently trading at $19.35. The stock has been moving largely Options traders are buying calls on the name today. The September $20.00 call was purchased 1,000 times, on the offer, for $0.20 a short while ago; open interest...

Pritchard Capital is out with its Morning Intelligence report. In the report, Pritchard Capital discusses Echelon (NASDAQ: ELON), Energy XXI (Bermuda) (NASDAQ: EXXI), GMX Resources Inc. (NYSE: GMXR) and Willbros Group, Inc. (NYSE: WG). In the report, Pritchard downgrades Energy XXI to Neutral as...

CTS Corp. (CTS) designs, manufactures, assembles and sells a broad line of electronic components and sensors. The firm also provides electronics manufacturing services primarily to original equipment manufacturers (OEMs) for the automotive, computer, communications, medical, industrial and defense...

Tyco Electronics Ltd. (NYSE: TEL) today announced that it has entered into a definitive agreement to sell its mechatronics business located in Niefern, Germany to L. Possehl & Co. mbH. The closing of the transaction is expected to occur within 30 days and, in connection with the sale, the...

Stocks on the Move (MRVL),(VMC),(SANM),(FWLT)all look good Technically..

Molex, Inc. (NASDAQ: MOLX) is hosting an analyst day on 9/9 in Chicago likely to focus on improved margin profiles and revenue growth since company reconstruction is now complete, according to Goldman Sachs. During analyst day in 2009, management provided a target model of 32% GM and 14% OM, and...

Methode Electronics, Inc. (NYSE: MEI) announced on Thursday before the market opened that it failed to meet consensus Wall Street estimates. Methode Electronics reported that its fiscal 1st quarter net income rose to $4.07 million, or 11 cents per share, up from 0 cents per share a year earlier....

A leading provider of electronic manufacturing services, Plexus Corp. (PLXS) exhibited incremental growth opportunities in the first nine months of 2010. Results were well above the Zacks Consensus Estimate.   We believe Plexus will remain well positioned for growth in 2011, based on new customer...

Pritchard Capital is out with its daily Morning Intelligence report. In today's report, Pritchard covers Echelon Corporation (NASDAQ: ELON), Halliburton Company (NYSE: HAL), Itron, Inc. (NASDAQ: ITRI), Transocean LTD (NYSE: RIG), and Seadrill Limited Ordinary Shares (Bermuda) (NYSE: SDRL). In the...

We are downgrading Jabil Circuit Inc. (JBL) to Neutral from our previous Outperform rating on negative investor sentiment, as the softer demand environment for electronic products could limit the stock’s appreciation in the near term.   While key end markets remain strong, a slowdown in overall...

Tyco Electronics (NYSE: TEL) announced today that it has extended the expiration of its tender offer to purchase all of the outstanding common shares of ADC (Nasdaq: ADCT), at a price of $12.75 per share in cash, to midnight, New York City time on Monday, September 20, 2010. All other terms and...