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Plexus 3Q profits up 12 percent The Business Journal of Milwaukee

Plexus Corp. reported a 12 percent increase in fiscal third-quarter net income on a surge in revenue growth led by the firm's wireline/networking and medical sector customers.

Net income for the three months ended June 28 increased to $17.4 million, or 41 cents per share, compared with $15.5 million, or 33 cents per share, for the same period a year ago. Earnings per share benefited from completion of a $200 million share repurchase plan.

Net sales for the Neenah-based contract manufacturer of electronics jumped 20 percent to $456.4 million from $379.6 million last year, when reduced demand hurt numerous sectors.

For the fiscal year to date, net income for Plexus (NASDAQ: PLXS) rose to $66.8 million, or $1.48 per share, compared with $40.8 million, or 87 cents per share, the year before. more

Business in Brief

PLYMOUTH – Entergy Corp. has received approval from the Nuclear Regulatory Commission to spin off its Pilgrim nuclear power plant and four other plants.

The agency's approval of the license transfer for the power plants took effect on Monday. The plants would be owned by a new public company, Enexus Energy Corp., and operated by a new joint venture known as EquaGen Nuclear LLC and owned by Enexus and Entergy.

New Orleans' Entergy needs approvals from the Securities and Exchange Commission and New York and Vermont regulators before the company can complete the transaction. Officials in New York and Vermont have raised concerns about the amount of debt that Enexus would need to shoulder.

Entergy is selling off all its nuclear plants that aren't connected to its core electricity distribution and transmission operations in the South. more

McGraw Hill plots bid for Reed Elsevier

The sale of Reed Business Information (RBI), whose titles include film industry bible Variety, Flight International and New Scientist, began last week when information was sent to prospective bidders. If RBI fetches the asking price, it would be the biggest media takeover since the sale of Emap at the end of last year.

Reed, which wants to pull out of advertising-dependent media, is offering to lend around £160m to the successful bidder. A further £560m million, which is 3.5 times the division's underlying earnings of £160m, will be offered as a loan by a consortium of banks.

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HP unveils new Business Desktop PC series

HP India launched the HP Compaq dx2000 Business Desktop PC series to meet everyday business computing needs, coupled with style, affordability and reliability. Developed at the HP India Design Centre, this business PC is a high-performance machine that has the ability to withstand harsh Indian working conditions and deliver on productivity and efficiency consistently. With a surprisingly small form factor, the new desktop is ideal for organizations which struggle with . more

Recent Business School Students News

Poll: Spanish-speaking parents struggle to help students - Denver Post

WASHINGTON — English only? With Hispanic enrollment surging in schools, many Spanish-speaking parents are having trouble helping their children with homework or communicating with U.S. teachers as English ...

Host families sought for exchange students - Redlands Daily Facts

REDLANDS - Families are needed to host exchange students during the coming school year. Groups including American Field Service, Pacific Intercultural Exchange and the STS Foundation connect families with high ...

Teacher swap to benefit Central High School students, faculty - Stamford Advocate

BRIDGEPORT -- Central High School students won't find teacher Les Thornbury in their upper-level Spanish courses this fall. He'll be in the small Mexican town of Reforma, teaching English to Ramon Vidal 's students ...

Mobile promotions define '10 back-to-school season - Philadelphia Daily News

CHICAGO - When students and their parents hit the shopping malls for their back-to-school needs this year, they should be armed with their lists - and their mobile phones. Retailers are promoting everything from jeans to ...

Fitch Takes Various Rating Actions on SLM Student Loan Trust 2003-1 - Earthtimes

NEW YORK - (Business Wire) Fitch Ratings has affirmed the senior student loan bond and downgraded the subordinate bond issued by SLM Student Loan Trust 2003-1 and assigned Outlooks as outlined below: --Class A ...

Olin Business School Students Skip Classroom for a Seat in Corporate Boardroom - Newsblaze.com

Newswise - MBA students at Olin Busines School will be spending less time in the classroom this fall and more time in the boardroom as part of an innovative new program geared to involve students with ...

Alabama Schools Receive Their Report Cards Monday - msnbc.com

MONTGOMERY, Ala. (AP) Alabama schools are used to sending out report guards to let students know how they are doing. But now it's time for the schools to get their report cards. The State Board of Education will release ...

Seminole student wins national honor - Albany Herald

DONALSONVILLE — Expectations are exceptionally high for Johnelle Simpson II. After the Seminole County High School rising junior recently won first place in Public Speaking I at the FBLA (Future Business Leaders of ...

Fitch Affirms Senior and Subordinate Bond of SLM Student Loan Trust 2003-3 - Newsblaze.com

NEW YORK - (BUSINESS WIRE) - Fitch Ratings has affirmed the senior and subordinate student loan bonds at 'AAA' issued by SLM Student Loan Trust 2003-3 and assigned Stable Outlooks to all bonds as outlined ...

Maine independent touts his business background - Boston Globe

GORHAM, Maine— Shawn Moody opened an auto body shop as a high school student and grew it into what he says is the largest independent collision repair company in New England. Moody's Collision Centers now ...