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Stock Market & Financial Investment News

News Breaks
January 7, 2013
17:49 EDTPLXSPlexus CEO cites nerworking/communications segment in guidance cut
Dean Foate, president and CEO, commented, "While manufacturing demand softened across all of our sectors during the quarter, in particular we did not experience the typical demand-pull of products in our Networking/Communications sector in the final few weeks of the quarter. As a consequence, our Networking/Communications sector revenue was substantially below our expectations for the quarter and accounted for the majority of the shortfall to our original guidance."
News For PLXS From The Last 14 Days
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April 21, 2014
10:01 EDTPLXSOn The Fly: Analyst Upgrade Summary
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07:47 EDTPLXSPlexus upgraded at Needham
As previously reported, Needham upgraded Plexus to Buy from Neutral. The firm upgraded shares citing above consensus guidance, strengthening consumer demand and customer forecasts, and solid execution. Price target is $47.
06:27 EDTPLXSPlexus upgraded to Buy from Hold at Needham
Note that shares were also upgraded at Cross Research this morning.
06:02 EDTPLXSPlexus upgraded to Buy from Hold at Cross Research
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April 16, 2014
16:04 EDTPLXSPlexus sees Q3 EPS 69c-74c, consensus 67c
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16:02 EDTPLXSPlexus reports Q2 EPS 60c, consensus 60c
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