Flextronics News

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"Just seven months after California-based solar power company Amonix Inc. opened its largest manufacturing plant , in North Las Vegas, the company's contractor has laid off nearly two-thirds of its workforce," reports the Las Vegas Sun .

Equities research analysts at Citigroup cut their EPS estimates on shares of Flextronics International in a research note issued to investors on Monday.

The company operates in three business segments namely, Nolato Telecom, Nolato Industrial and Nolato Medical.

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Single Sign-On: You can use Facebook account to log in to LasVegasSun.com. Gov. Brian Sandoval addresses the crowd during a ribbon-cutting ceremony for Amonix, a California-based solar power company that recently opened its new North Las Vegas facility, Tuesday, May 17, 2011.

Singapore based handset OEM, Flextronics has reported a 4 percent decline in its third-quarter revenues of US$7.5 billion.

It's good news for San Jose, but bad news for Milpitas. Flextronics , which currently has its U.S. headquarters in Milpitas, announced this week that it has leased roughly 130,000 square feet in San Jose's America Center, and plans to move its headquarters there .

The 10-second takeaway For the quarter ended Dec. 31 , Flextronics International met expectations on revenue and whiffed on earnings per share.

Solar panel manufacturer Flextronics is moving from Milpitas to San Jose in the latest tech expansion from the Silicon Valley.

Flextronics reported net sales of $7.5 billion, down 4% year-over-year and 7% sequentially for its fiscal third quarter ended Dec.

Equities research analysts at Citigroup lowered their earnings per share estimates on shares of Flextronics International in a research note issued to investors on Friday.

Index changes: Cloud Peak Energy Inc. will replace Tekelec in the Standard & Poor's SmallCap 600 Index after the close of trading on Jan.

The press release said Flextronics will also relocate its U.S. headquarters from to the new site.

Contract manufacturer Flextronics has signed a long-term lease for 140,000 square feet at the America Center office complex in San Jose.

Flextronics International Ltd. is expected to report last fiscal quarter's results after the closing bell on January 19, 2012.