Jabil Circuit (JBL) Flat on Beating Earnings Estimates

Jabil Circuit, Inc.

shares eked up 0.1% to $18.45. The company reported better-than-expected earnings for its third quarter, but issued a weak outlook for the current quarter. The company also announced a $400 million share repurchase program. Share volume was 2.7 million, nicking ahead of an all-day average of 2.5 million