New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 4, 2013
09:20 EDTJBLJabil Circuit to acquire Nypro for $665M
Jabil Circuit announced an agreement to acquire Nypro, a provider of manufactured precision plastic products for customers in the Healthcare, Packaging and Consumer Electronics industries, with over $1 billion in total annual revenues. Completion of the transaction, which is subject to a shareholder vote by participants in Nypro's ESOP, as well as by Nypro's shareholders, regulatory antitrust clearances in the US, China and other jurisdictions and certain other customary closing conditions, is currently expected to take place during Jabil’s fiscal third quarter. The total purchase price is expected to be $665M, subject to certain adjustments, and is expected to be funded from Jabil's existing cash and credit facilities. The transaction is expected to be neutral to slightly accretive to Jabil's core EPS for the balance of fiscal 2013 and accretive to EPS on both a core and GAAP basis in fiscal 2014.
News For JBL From The Last 14 Days
Check below for free stories on JBL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
June 19, 2013
18:55 EDTJBLOn The Fly: After Hours Movers
Subscribe for More Information
16:15 EDTJBLJabil Circuit to restructure global operations resulting in $188M in charges
Jabil intentds to realign its global operations to more appropriately reflect current market conditions and customer needs. The company began consultation with employees during Q3. The company currently estimates that the realignment could result in approximately $188M of charges, including the $28M of charges incurred during the company’s Q3. It is currently estimated that $60M-$70M will be recorded in Jabil’s Q4 and the balance during its fiscal years 2014 and 2015. Jabil estimates that the majority of the $140M cash associated with these actions will be used in fiscal 2014.
16:07 EDTJBLJabil Circuit sees Q4 adjusted EPS 50c-58c, consensus 60c
Sees Q4 revenue $4.55B-$4.65B, consensus $4.59B.
16:05 EDTJBLJabil Circuit reports Q3 EPS 56c, consensus 54c
Reports Q3 revenue $4.5B, consensus $4.40B.
15:25 EDTJBLNotable companies reporting after market close
Subscribe for More Information
15:14 EDTJBLJabil Circuit June 20 straddle priced for 6% move into Q3
Subscribe for More Information
08:01 EDTJBLJabil Circuit June volatility elevated at 82 into Q3
Jabil Circuit June call option implied volatility is at 82, July is at 36, September is at 31, December is at 32; compared to its 26-week average of 32 according to Track Data, suggesting large near term price movement into the expected release of Q3 results today after the market close.
June 12, 2013
13:50 EDTJBLJabil Circuit June volatility increases into Q3
Subscribe for More Information
June 10, 2013
07:44 EDTJBLJabil Circuit has multiple upcoming catalysts, says RBC Capital
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use