On Friday, Jabil Circuit, Inc. (NYSE:JBL)’s shares inclined 0.35% to $20.25.
Jabil Circuit, Inc. (JBL), a global provider of design, engineering manufacturing and supply chain solutions, has signed a memorandum of understanding (MOU) with the management board of Saigon Hi-Tech Park in Vietnam. The agreement will allow the company to expand its current operation in the hi-tech park.
Vietnamese governmental officials joined the Saigon Hi-Tech Park management board and Senior Jabil management at Jabil’s new Blue Sky Center in San Jose, CA for the signing. The memorandum will allow for additional investments to expand Jabil’s existing operations in Vietnam. The new facility, slated for groundbreaking in 2017, will focus on high-volume production of computing, storage, networking, telecommunications, automotive, digital home, mobility, point of sale, printing, industrial and energy sectors.
Jabil Circuit, Inc., together with its auxiliaries, provides electronic manufacturing services and solutions worldwide. It offers electronics design, production, and product administration services to companies in the aerospace, automotive, computing, defense, digital home, energy, healthcare, industrial, instrumentation, lifestyles, mobility, mold, networking, packaging, peripherals, storage, telecommunications, and wearable technology industries.
PMC-Sierra Inc (NASDAQ:PMCS)’s shares dropped -0.29% to $6.81.
PMC-Sierra, Inc. (PMC®) (PMCS), the semiconductor and software solutions innovator transforming networks that connect, move and store big data, recently declared it was named a gold award winner in the ChannelPro-SMB 2015 Readers’ Choice Awards for Best SAS/SATA RAID Controller.
Readers of ChannelPro-SMB were invited to take part in the channel’s only SMB-focused Readers’ Choice Awards by casting their votes for the vendors, distributors, and professional organizations with the most SMB- and partner-friendly solutions, services, or programs in the channel recently, via the publication’s website. For each category, readers were asked to select the option that best satisfies the unique business requirements, work styles, and budgets of their small and midsize business clients, in addition to those that best serve their own partner organizations. The survey was fielded in Q1 and Q2 of 2015 and drew participation from more than 500 VARs, MSPs, integrators, system builders, and IT consultants in the channel. Gold, Silver, and Bronze winners were named in each category.
PMC-Sierra, Inc. designs, develops, markets, and supports semiconductor solutions for communications network infrastructure equipment worldwide. Its semiconductor devices enable networking equipment primarily in three markets, counting storage, optical, and mobile networks.
At the end of Friday’s trade, F5 Networks, Inc. (NASDAQ:FFIV)‘s shares dipped -0.13% to $134.14.
For the third quarter of fiscal 2015, F5 Networks, Inc. (FFIV) declared revenue of $483.6 million, up 2 percent from $472.1 million in the preceding quarter and 10 percent from $440.3 million in the third quarter of fiscal 2014.
GAAP net income was $93.2 million ($1.29 per diluted share), contrast to $85.7 million ($1.18 per diluted share) in the preceding quarter and $79.5 million ($1.05 per diluted share) in the third quarter a year ago.
Not taking into account the impact of stock-based compensation and amortization of purchased intangible assets, non-GAAP net income was $120.2 million ($1.67 per diluted share), contrast to $115.3 million ($1.59 per diluted share) in the preceding quarter and $104.6 million ($1.39 per diluted share) in the third quarter of last year.
A reconciliation of GAAP net income to non-GAAP net income is comprised of on the attached Merged Statements of Operations.
F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. It offers Local Traffic Manager, which provides intelligent load-balancing and traffic administration; Global Traffic Manager that automatically directs users to the closest or best-performing data center; Link Controller, which monitors the health and availability of each connection in organizations with more than one Internet service provider; Advanced Firewall Manager to guard data centers against incoming threats that enter the network on the deployed protocols; and Application Security Manager, an application firewall that provides comprehensive, proactive, and application-layer protection against generalized and targeted attacks.
HSBC Holdings plc (ADR) (NYSE:HSBC), ended its Friday’s trading session with 0.17% gain, and closed at $45.08.
HSBC Bank USA, N.A. (HSBC) has depended on the support of its customers, shareholders and employees throughout its history. To mark the 150th anniversary HSBC wants to say ‘thank you’, by making a US$150m fund accessible to community projects and local charities over three years (2015-2017).
More than 50,000 HSBC employees voted on charitable themes in 2014. There were three clear winners: young people and their education; medical welfare and research; and the environment and wildlife.
HSBC’s regional administration teams have carefully selected over 140 charities worldwide to benefit from the funding. Each organisation will provide a positive and sustainable change in their area of focus. The selection of charities is based on employee votes by region.
HSBC Holdings plc provides banking and financial products and services. It operates through four businesses Retail Banking and Wealth Administration, Commercial Banking, Global Banking and Markets, and Global Private Banking. The company’s Retail Banking and Wealth Administration business offers a range of personal banking products and services, counting current and savings accounts, mortgages and personal loans, credit cards, debit cards, and local and international payment services; and wealth administration services comprising insurance and investment products, asset administration services, and financial planning services.
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