Electronic Manufacturing Services

Goldman Sachs is out with its report today on Jabil Circuit (NYSE: JBL), maintaining Buy. In a note to clients, Goldman Sachs writes, "We remain Buy-rated on JBL, as we think the strong secular growth in its DMS business is not properly priced into the stock (8.5X GAAP P/E, or 35% discount to the...

J.P. Morgan is out with its report today on Jabil Circuit (NYSE: JBL), lowering its PT from $27.50 to $23.50. In a note to clients, J.P. Morgan writes, "Despite posting a dramatic turnaround in revenue growth and profitability during fiscal 2010, and what we see as potential for continued above-...

JP Morgan has lowered the price target on Jabil Circuit (NYSE: JBL) from $27.50 to $23.50 and maintains its Overweight rating.

It was a wild Friday for the Philippine Stock Exchange Composite Index (PCOMP) or the PSEi when market-on-close sell orders of heavyweights like PLDT (TEL) sent the index back in the red after trading in the positive zone for practically the entire session. The PSEi was actually attempting to...

The Industrials Sector is posting strong gains in today's session, currently up 0.7% on the day. The strongest stocks in the S&P 500 Industrials Sector currently are: 1) Flowserve (NYSE: FLS): Shares of Flowserve are currently trading up 4.7% from yesterday's close to $105.85. The stock may be...

Shares of Jabil Circuit, Inc. (NYSE: JBL) are lower on the session by 1.94%, currently trading at $18.24. The stock has been moving largely lower over the past six weeks and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago...

Research In Motion Limited (NASDAQ: RIMM) dipped 18.62% to $28.75 in the pre-market session. RIMM lowered its earnings forecast for the year. Mitcham Industries Inc (NASDAQ: MIND) dropped 7.75% to $14.75 in the pre-market trading. MIND reported that it is offering to sell shares of its common...

Bank of America Merrill Lynch is out with its report today on Jabil Circuit (NYSE: JBL), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "Jabil is one of the leaders in providing high mix, low volume solutions to OEMs. The company has significant incremental operating...

Citigroup has lowered the price target on Jabil Circuit (NYSE: JBL) from $25 to $24 and maintains its Hold rating.

Citigroup has lowered the price target on Flextronics International (NASDAQ: FLEX) from $9 to $8.50 and maintains its Hold rating.

Citigroup has downgraded Celestica (NYSE: CLS) from Hold to Sell and has lowered the price target from $12 to $8.

Piper Jaffray has an Overweight rating and a $83 price target on shares of IPG Photonics (NASDAQ: IPGP). In a note to clients, Piper Jaffray writes, "We continue to see upside in IPG shares following a visit to Prima North America's Laserdyne facility. Our visit highlighted laser system use in...

Shares of TE Connectivity Ltd. (NYSE: TEL) are higher on the session by 1.23%, trading at $35.43. Overall call volume is now running at 5.66x the daily average, with 19% of all calls traded being purchases on the offer. 2,682 contracts have traded on the session so far. TE Connectivity Ltd.,...

EMS Technologies Inc (NASDAQ: ELMG) shares surged 32.30% to $32.81 at 10:15 am. The volume of ELMG shares traded was 8086% higher than normal. Honeywell International Inc (NYSE: HON) announced its plans to buy EMS Technologies for around $491 million. Innophos Holdings Inc (NASDAQ: IPHS) shares...

SMART Modular Technologies (NASDAQ: SMOD) today announced the expiration of the "go-shop period" pursuant to the terms of the previously announced definitive Agreement and Plan of Merger (the "Merger Agreement") dated as of April 26, 2011, among the Company and affiliates of Silver Lake Partners...