Jabil shares rises
Jabil Circuit Inc. shares surged Tuesday evening after the electronics contract manufacturer’s forecast surpassed Wall Street’s expectations, and stock in 3Com Corp. and Darden Restaurants Inc. rose after the companies posted quarterly results. Jab
shares climbed 7.6% to $15.42 following the company’s fiscal fourth-quarter outlook for earnings of 21 cents to 25 cents a share on revenue of $3.2 billion to $3.5 billion. Analysts polled by FactSet Research expect earnings of 25 cents on sales of $3.18 billion.
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