Jabil Circuit sees FY14 charges of approximately $35M-$85M


Jabil (JBL) said its previously announced restructuring of global operations continued through the quarter. It is currently estimated that the balance of $99M will be recorded in fiscal years 2014 and 2015. The company also announced it expects approximately $35M-$85M of charges in fiscal year 2014 related to ongoing discussions with Blackberry (BBRY), Jabil’s second largest customer in fiscal 2013.

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