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Market Summary | | Stocks On The Move |
6/19/2013 4:25 PM ET
[BRIEFING.COM][BRIEFING.COM] Equities ended on their lows with the S&P 500 down 1.4%. The S&P entered today's session with a week-to-date gain of 1.5% as investors expected reassuring words from today's Federal Open Market Committee Statement....[more]
Stock Market Headlines
Western Refining to Participate in the Tudor, Pickering, Holt & Company 9th Annual Summer Energy Co 5:15PM ET - GlobeNewswire
Zion Oil & Gas to Conduct In-Well Testing Operations at Its Elijah #3 Well 5:15PM ET - GlobeNewswire
Guggenheim Investments Announces Final Liquidation Amount Per Share for the Liquidation of Guggenhe 5:00PM ET - GlobeNewswire
Willis Lease Finance Further Expands Revolving Credit Facility to $450 Million 4:52PM ET - GlobeNewswire
Jabil Circuit 3rd-Quarter Profit Down 51% on Costs, Unveils Restructuring Plans 4:43PM ET - Dow Jones Business News
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- 5:20 PM In tandem with its FQ3 results, Jabil (JBL) is announcing a restructuring. The contract manufacturer plans to cut an undisclosed number of jobs, and record $180M in charges (cash charges will total $140M). FQ4 guidance is for revenue of $4.55B-$4.65B and EPS of $0.50-$0.58, below a consensus of $4.59B and $0.60. Jabil sees its High Velocity manufacturing sales rising 15% Y/Y in FQ4, and its Diversified Manufacturing and Enterprise & Infrastructure sales holding steady. Shares -0.3% AH. ( PR)
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