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Multi-Fineline Electronix Inc (MFLX) Shares Collapse As The 1st Quarter Revenue Outlook Fails To Meet Market Expectations
Tuesday, January 12, 2010 - 4:58pm | 115Multi-Fineline Electronix Inc (NASDAQ: MFLX), a maker of flexible printed circuit boards for cell phones and other devices, expects to report revenue of about $229 million in the first quarter. However, analysts had felt that the revenues could well be beyond $233 mn. In addition to the above, the...
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Top 5 Mid-Cap Stocks In The Technology Sector With The Highest Free Cash Flows (Q, JAVA, CSC, FLEX, ADSK)
Tuesday, January 12, 2010 - 8:44am | 218Below are the top 5 mid-cap technology stocks on the NASDAQ and the NYSE in terms of free cash flows. The total free cash flows at Qwest Communications International Inc (NYSE: Q) is $1.38 billion. Q’s market capitalization is $8.1 billion. Deutsche Bank initiated coverage of Q with a “buy” rating...
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Today's Top Tickerspy Indexes
Friday, January 8, 2010 - 5:49pm | 198The top performing sector indexes today according to Tickerspy.com are Diversified Electronic Stocks, Agricultural, Chemical and Fertilizer Stocks and Chinese Agriculture Stocks. The Diversified Electronics sector was propelled by small cap name, Methode Electronics (NYSE: MEI), which soared 25%...
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Market Round-up (JNS, IIVI, ZIGO, KFT, CBY, BRK.A, BA, AZN, TEVA)
Thursday, January 7, 2010 - 2:20pm | 316Janus Capital (NYSE: JNS) has hired Pimco Advisory head Richard Weil as its new CEO. JNS had been on the lookout for someone with an operational background after Gary Black resigned in mid 2009, following his failure to stop a decline in investor asset. Military/industrial component manufacturer II...
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Merix Corporation (MERX) Maintains A Neutral Rating
Tuesday, January 5, 2010 - 11:23am | 107Analysts at Longbow Research have maintained a Neutral rating for Merix Corporation (NASDAQ: MERX). Merix Corporation reported a 2Q10 non-GAAP loss of $0.05, on sales and gross profit that met the company’s announcement last week. The results exceeded expectations of analysts at Longbow who had...
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Significant Upside To Expectations For TEL
Wednesday, December 30, 2009 - 1:02pm | 101Analysts at Credit Suisse maintain their "outperform" rating on Tyco Electronics (NYSE: TEL). The target price for TEL is set to $28. According to Credit Suisse, Tyco Electronics has been witnessing a dramatic rebound in its automotive revenues. The analysts believe that there will be significant...
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Echelon (ELON) Breaks Over Resistance
Monday, December 28, 2009 - 4:46pm | 602So many of these bullish moves I am seeing in charts are coming on below average volume - it truly is difficult to destruct long formed rules, and chase these names. Echelon (ELON) is another candidate, from the "smart grid" subsector, I've been watching for a few months. Unlike the name we hold...
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U.S. Market Overview (JBL, NAV, AMKR)
Wednesday, December 23, 2009 - 12:50pm | 122According to a Credit Suisse report, stocks gained off from better than expected existing home sales on Tuesday, which reached the highest level since February 2007. Among the top gainers were: 1) Jabil Circuit Inc. (NYSE: JBL) jumped 13.65% as investors were pleased with Jabil’s second quarter...
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New 52-Week High Stocks (RHT, GCI, NYT, AEZ, SMOD)
Wednesday, December 23, 2009 - 11:53am | 224Red Hat, Inc. (NYSE: RHT) has made a new 52-week high at $31.76 and now up 4.85% to $31.31 on 1.97 million shares after Red Hat reported a better than estimated Q3 results. It reported Q3 adjusted EPS of $0.17, 1 cent more than the analyst estimate of $0.16. Revenue for the quarter was $194.3...
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JBL Sees Margin Expansion Following Restructuring Efforts
Tuesday, December 22, 2009 - 4:16pm | 140Analysts at Citi Investment Research & Analysis maintained their "buy" rating on Jabil Circuit Inc (NYSE: JBL), while raising their estimates for the company. The target price for JBL has been raised from $16 to $19. Jabil Circuit reported its 1Q10 EPS ahead of the consensus, driven by better-...
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Jabil (JBL) Reports Strong November Results, F2Q Guidance Above Consensus
Tuesday, December 22, 2009 - 1:16pm | 92Needham retained its Buy rating and raised its price target from $16 to $19 for Jabil Circuit, Inc. (NYSE: JBL). Needham noted that Jabil continues to show diligent execution within its business as the economy revives. The increase in the price target was attributed to recent restructuring efforts...
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New 52-Week High Stocks (JBL, BUCY, MU, YGE, TEVA)
Tuesday, December 22, 2009 - 11:18am | 215Jabil Circuit, Inc. (NYSE: JBL) has made a new 52-week high at $16.29 and now up 8.26% to $16.26 on 1.88 million shares Jabil reported swung to a fiscal first-quarter profit and forecast second-quarter results above Street’s expectations. Bucyrus International, Inc. (NASDAQ: BUCY) has jumped 4% to...
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Company News for December 22, 2009 - Corporate Summary
Tuesday, December 22, 2009 - 10:22am | 155• Jabil (NYSE:JBL) reported fiscal first quarter earnings of 32 cents ex-items, three cents better than expected, on inline revenues of $3.1 billion. The company also said it sees second-quarter earnings 20 cents to 32 cents a share • Piper Jaffray (NYSE:PJC) maintained an "overweight" rating on...
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Benzinga’s News Roundup (PKE, PRGS, AOL, STT, SNTS, AMTD)
Tuesday, December 22, 2009 - 8:54am | 360Park Electrochemical Corp. (NYSE: PKE) today reported its third quarter net earnings of $7.16 million, or $0.35 a share, as compared to $2.93 million, or $0.14 a share, in the year-ago period. Sales were $46.08 million, from $49.16 million in the year ago period. Analysts on an average expected PKE...
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Benzinga's Earnings Preview (CAG, WAG, JBL, OMN)
Monday, December 21, 2009 - 7:32am | 138Conagra Foods, Inc. (NYSE: CAG) is expected to report fiscal second-quarter earnings of 47 cents a share on revenue of $3.33 billion. Friday, CAG closed at $22.16. Walgreen Company (NYSE: WAG) is projected to report fiscal first-quarter earnings of 48 cents a share on $16.30 billion of revenues. In...