Electronic Manufacturing Services

Bank of America reiterated its Neutral rating on Flextronics International (NASDAQ: FLEX). At the same time, the rating agency left its price target on the company's stock unchanged at $9. On Wednesday, FLEX added 1.91% to its value to finish the day at $6.40.

According to Bank of America, Plexus (NASDAQ: PLXS) estimates are adjusted lower to reflect a weaker demand environment, especially for the Sep quarter, where the company noted more risk than opportunity at its Analyst day last month although consensus estimates have remained relatively static....

Shares of Jabil Circuit (NYSE: JBL) are higher on the session by 2.76%, trading at $20.50. Overall call volume is now running at 2.29x the daily average, with 83% of all calls traded being purchases on the offer. 5,573 contracts have traded on the session so far. Jabil Circuit, Inc. is a...

Measurement Specialties, Inc. (Nasdaq: MEAS) announced the acquisition of Eureka Environmental, a manufacturer of multi-parameter instruments for in-situ analyses of natural waters worldwide. The transaction closed July 8, 2011. Frank Guidone, Company CEO commented, "Since completing the...

Cusick's Corner Buyers showed up at the close, and I am holding the long deltas in the S&Ps and short deltas in the bonds over the weekend. The thought process is that next week we have earnings plus the anticipation for solid numbers that could potentially start to drive the market early. The...

Shares of Molex (NASDAQ: MOLX) are lower on the session by 1.92%, currently trading at $25.99. The stock has been moving largely sideways over the past six months and is currently consolidating above the 200-day moving average. Options traders are buying puts on the name today. A short while ago...

Multi-Fineline Electronix, Inc. (NASDAQ: MFLX) today updated its business outlook for the third quarter of fiscal 2011 ended June 30, 2011. The Company expects net sales in the third quarter to be approximately $191 million and gross margin to be approximately 12 percent. This compares to...

According to Piper Jaffray, IPG Photonics (NASDAQ: IPGP) estimates are raised. Piper Jaffray said that it is adjusting estimates for both FY11 and FY12 as industrial laser material processing applications appear poised to return to near CY08's peak levels much faster than expected. “Our PT goes to...

Piper Jaffray has raised the price target on IPG Photonics (NASDAQ: IPGP) from $83 to $85 and maintains its Overweight rating.

Is it really summer earnings season already? It seems like just yesterday we were navigating all the numbers and steering our portfolios into profitable waters. Yet, here we are! Alcoa (NYSE: AA) has been batting lead-off in New York seemingly since Bernie Williams was in diapers, and that's not...

Zygo Corporation (NASDAQ: ZIGO) today announced that its Optical Systems Division was recently awarded a continuation order valued at more than $3 million for meter class Laser Fusion Amplifiers from Commissariat à l'énergie atomique. The order is part of an ongoing contract in support of the Laser...

Analysts at Piper Jaffray upgraded Hansen Medical Inc (NASDAQ: HNSN) from “neutral” to “overweight.” HNSN's shares closed at $3.01 yesterday. Hansen Medical's PEG ratio is 0.03. Analysts at Citigroup upgraded eBay Inc (NASDAQ: EBAY) from “hold” to “buy.” EBAY's shares closed at $30.86 yesterday....

Deutsche Bank has upgraded Celestica (NYSE: CLS) from Hold to Buy and has lowered the price target from $11 to $10.

Apollo Group Inc (NASDAQ: APOL) is expected to report its Q3 earnings at $1.34 per share on revenue of $1.20 billion. McCormick & Company Incorporated (NYSE: MKC) is projected to post its Q2 EPS at $0.54 on revenue of $855.16 million. Smith & Wesson Holding Corp (NASDAQ: SWHC) is...

According to Goldman Sachs, Molex (NASDAQ: MOLX) Buy rating is reiterated. Goldman Sachs said that it hosted investor meetings with Martin Slark (CEO) and Steve Martens (Investor Relations) of Molex in Chicago. “We view Molex's 3.2% dividend yield as appealing in the current tape and see...