Neutral Stance on Plexus (PLXS)

At the 2010 investor day, Plexus Corp. (PLXS) reaffirmed its outlook for the third quarter of fiscal 2010, given during the second quarter conference call. Management expects earnings per share to be in the range of 54 to 60 cents, excluding restructuring charges but including 6 cents per share in stock-based compensation expense. This is more [...]
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