Wednesday, October 3, 2012

Wednesday’s Stocks to Watch: Jabil Circuit, Accenture

Here are a few stocks to keep on your radar:

  • Jabil Circuit (NYSE:JBL)�rose more than 9%�in early Wednesday trading after the company beat Wall Street�s fiscal fourth-quarter profit and revenue expectations late Tuesday, while also saying first-quarter earnings would beat current estimates.
  • Accenture (NYSE:ACN)�gained 2.4%�after the company beat fiscal fourth-quarter profit and revenue expectations and said first-quarter revenue would beat analysts� estimates. The company also initiated an additional $5 billion stock buyback and raised its dividend by 50%.
  • Paychex (NASDAQ:PAYX)�added 1.6%�after beating the Street�s fiscal first-quarter profit and revenue estimates.
  • Actuant (NYSE:ATU)�rose 5.5%�after the company beat analysts� first-quarter earnings and revenue expectations and OK�d a stock repurchase plan for up to 10% of the company�s shares.
  • McCormick (NYSE:MKC)�slipped 0.4%�after beating analysts� fiscal third-quarter profit and revenue expectations.
  • Family Dollar (NYSE:FDO) gained 0.8% after the company beat Wall Street�s first-quarter earnings estimates.

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