8.25 0.00 (0.00%)
After hours: 4:07PM EST
|Bid||8.21 x 36100|
|Ask||8.44 x 900|
|Day's Range||8.02 - 8.36|
|52 Week Range||6.74 - 19.71|
|Beta (3Y Monthly)||1.99|
|PE Ratio (TTM)||10.44|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.20|
SAN JOSE, Calif., Nov. 15, 2018 /PRNewswire/ -- Flex (FLEX) today announced that Charles K. "Chuck" Stevens III and Jill Greenthal have been appointed to the Company's Board of Directors. Mr. Stevens and Ms. Greenthal bring strong financial and investment expertise. As the former Chief Financial Officer of General Motors, Mr. Stevens brings strong financial expertise as well as extensive experience in the automotive industry which will be invaluable to Flex's automotive business.
HSBC and ING handled a letter of credit backing the shipment for US food group Cargill relying on blockchain technology developed by software company R3. Blockchain promises to save time and money for the shipping industry, which still relies heavily on paper documents such as bills of lading, cargo insurance and invoices, as well as letters of credit. Alisa DiCaprio, head of global trade strategy and research at R3, says the sheer extent of paperwork involved in a typical shipping transaction frequently produces some kind of query or discrepancy.
The Singapore-based manufacturing giant reported a decent second quarter but will fall far short of Wall Street's original expectations for the next couple of reports.
Moody's Investors Services ("Moody's") said that during its fiscal 2Q19 earnings call, Flex Ltd. ("Flex") management reduced consolidated revenue and earnings guidance for FYE March 2019 reflecting the decision to wind down its Nike footwear manufacturing program in Mexico, delays in bringing on additional capacity in India to support business that has already been booked, as well as greater than expected inventory build as a result of component shortages.
Individual investors do not usually have the necessary resources to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis that leads to poor returns on aggregate. Since stock returns aren’t usually evenly distributed and index returns are more affected by a few outlier stocks (i.e. […]
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Flex (FLEX) mixed second-quarter fiscal 2019 results. This can primarily be attributed to the loss from Nike venture and unfavorable business mix.
The stock market has fallen significantly this month, wiping out most of the returns generated this year. The S&P 500 ETF (SPY) has fallen 8.7% in October, indicating a marginal return of 0.73% for 2018. Similarly, tech ETFs such as the PowerShares QQQ Trust (QQQ) and the Technology Select Sector SPDR Fund (XLK) have fallen 10.3% and 9.6% this month.
Flex Ltd. reported its earnings for the second quarter that was mixed and also revealed an end to a Nike partnership and that its CEO is retiring at the end of the year. National Instruments Corporation shares were up almost 17% on Friday on about 2.8 million shares traded. The stock saw the big pop after the company, which makes tools and systems for scientists and engineers, reported third quarter financial results.
The markets are in the red again on Friday as all three major indexes are down by over 1%. Among the stocks trending include Synergy Pharmaceuticals Inc (NASDAQ:SGYP), Tesla Inc (NASDAQ:TSLA),Tencent Holdings Ltd (OTCMKTS:TCTZF),Flex Ltd (NASDAQ:FLEX), Lantronix Inc (NASDAQ:LTRX). Let’s take a closer look at why investors have been watching or selling those stocks. For those of you interested in […]
On a per-share basis, the Singapore-based company said it had profit of 16 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 29 cents per share. The results surpassed Wall ...
- Quarterly revenue of $6.7 billion , increased 7% year-over-year - GAAP diluted EPS of $0.16 , Non-GAAP diluted EPS of $0.29 - Repurchased 4.4 million shares for approximately $60 million . - Winding ...
SAN JOSE, Calif., Oct. 25, 2018 /PRNewswire/ -- Flex (FLEX) today announced that Michael M. McNamara, the Company's Chief Executive Officer and a member of the Company's Board of Directors, has decided to retire as Chief Executive Officer, effective December 31, 2018. The Board has engaged Heidrick & Struggles International, Inc. to conduct a search for a new Chief Executive Officer and will be considering both internal and external candidates. Michael D. Capellas, Chairman of the Board, will actively assist the Company's management with the Chief Executive Officer transition.
Flex Ltd (NASDAQ:FLEX), which is in the electronic business, and is based in Singapore, saw significant share price volatility over the past couple of months on the NasdaqGS, rising to Read More...
Companies to Develop Digital Health Solutions to Improve Diabetes Care SAN JOSE, Calif. , Oct. 23, 2018 /PRNewswire/ -- Flex (NASDAQ:FLEX), the Sketch-to-Scale® solutions provider that designs and builds ...
Includes 20% growth in renewable energy use, 11% water use cut and 10% CO2 emission intensity reduction SAN JOSE, Calif. , Oct. 17, 2018 /PRNewswire/ -- Flex (NASDAQ: FLEX) today released its 2018 Sustainability ...
SAN JOSE, Calif. , Oct. 2, 2018 /PRNewswire/ -- Flex (NASDAQ: FLEX) will hold a conference call to discuss its second quarter fiscal 2019 results on Thursday, October 25, 2018 at 2:00 p.m. Pacific Time ...
Mid-caps stocks, like Flex Ltd (NASDAQ:FLEX) with a market capitalization of US$6.96b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. Read More...
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
SAN JOSE, Calif., Sept. 12, 2018 /PRNewswire/ -- Flex (FLEX), the Sketch-to-Scale® solutions provider that designs and builds Intelligent Products for a Connected World®, has assembled a clinical advisory board to leverage the perspectives of leading doctors for the development of powerful digital health solutions that integrate into and improve clinical workflow to make a real-world impact on patient outcomes. Going beyond consumer-grade digital health, Flex's Digital Health business and the BrightInsight™ Clinical Board will be focused on advancing medical-grade digital health solutions that effectively integrate into providers' clinical workflow with the goal of improving patient outcomes. "As we continue to develop leading-edge digital health solutions, it's paramount that we keep clinical workflow and the clinician's point-of-view top of mind," said Kal Patel, M.D. and SVP of Digital Health at Flex.