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Stock Market & Financial Investment News

News Breaks
May 12, 2014
07:18 EDTFLEXFlextronics downgraded to Hold from Buy at Stifel
Stifel downgraded Flextronics due to concerns regarding Lenovo's pending acquisition of Motorola Mobility, its largest customer. The firm believes the deal could be disruptive to Flextronics' business and notes a complete loss of business would impact earnings by 5c-10c.
News For FLEX From The Last 14 Days
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April 20, 2015
18:05 EDTFLEXElectronic manufacturing stocks under pressure after Sanmina Q3 results
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April 15, 2015
07:51 EDTFLEXFlextronics in advanced talks for part of Chinese jv of Alcatel, Reuters says
Flextronics (FLEX) is in advanced talks to acquire the manufacturing unit of Alcatel-Lucent's (ALU) Shanghai Bell joint venture, reported Reuters, citing two people with knowledge of the deal. Nokia (NOK) and Alcatel-Lucent have announced their intention to combine in all-share transaction. Reference Link

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