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Jabil

All articles tagged with #jabil

"After-Hours Surge: NetApp, Workday, Leslie's, Las Vegas Sands, and More Dominate Stock Market"

Originally Published 2 years ago — by CNBC

Featured image for "After-Hours Surge: NetApp, Workday, Leslie's, Las Vegas Sands, and More Dominate Stock Market"
Source: CNBC

Workday's stock rose over 6% after beating Q3 estimates, while NetApp climbed nearly 10% on a beat in Q2 earnings and higher-than-expected guidance for Q3. Leslie's stock plummeted over 16% as the swimming supplies company forecasted a wider-than-expected loss for Q1. Jabil shares fell over 8% after issuing a lower revenue forecast for Q1 2024. Las Vegas Sands slipped 3.5% as its largest shareholder, Miriam Adelson, announced plans to sell $2 billion in shares to purchase a professional sports team. The Daily Journal's shares are expected to be active following the death of Charlie Munger, chair and publisher of the newspaper.

BYD Acquires Jabil's China Manufacturing Business for $2.2 Billion

Originally Published 2 years ago — by Reuters

Featured image for BYD Acquires Jabil's China Manufacturing Business for $2.2 Billion
Source: Reuters

Chinese electric vehicle maker BYD has announced that its unit, BYD Electronic (International) Co, has agreed to acquire the mobility business of Jabil Inc's Singaporean division in China for $2.17 billion. The deal will expand BYD's customer base, product portfolio, and smartphone component business, positioning the company for growth in the electric vehicle sector. Jabil plans to use the proceeds to invest in electric vehicles, renewable energy, healthcare, AI cloud data centers, and other markets.