Jabil Circuit Loses Spark

The contractor of electronics products issues a disappointing outlook, sending the shares lower

Jabil Circuit (JBL) announced stronger revenue during recent months, but the St. Petersburg (Fla.) electronic manufacturing services company continues to struggle to get its accounting straight and improve its manufacturing business. The company also issued a disappointing sales and earnings forecast, sending its stock down 9.9% to $22.47 on Mar. 23.

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