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BENSALEM, PA -- It's nearly as certain as gravity. A high-flying stock takes a tumble, and shareholder lawsuits come quickly thereafter.

A class action lawsuit filed in U.S. District Court in Florida claims Jabil Circuit misrepresented its financial performance between Sept. 19, 2001 and June 21, 2006, thus artificially inflating its stock price.
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ATLANTA – UP Media Group next month will broadcast a special 90-minute Webinar on the electronics market and featuring popular industry analyst Walt Custer.
 
Custer’s talk, Business Outlook: Global Electronics Industry: Updated for 3Q 2006, will be held Oct. 17 at 2 pm EST. The online presentation, known as a Webinar, will feature analysis of the latest data on the global electronics industry.   

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CHICAGO - On the heels of the European Union's Restriction of Hazardous Substances (RoHS) directive, Newark InOne has issued a warning about the need for a comparable US law. The complete text can be viewed at www.newarkinone.com/fedlaw 
 
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ST. LOUIS – Raytheon's Space and Airborne Systems awarded LaBarge Inc. with a contract worth some $5.5 million for continued production of backplane assemblies for the F-22 Raptor fighter plane.
 
LaBarge, which is currently building assemblies for Raytheon, expects production on the extended contract to begin in January 2007.
 
The F-22 was developed for the U.S. Air Force by Lockheed Martin.
 
EL SEGUNDO, CA - The large-sized TFT-LCD panel market is in shape for strong growth in the second half of 2006, according to iSuppli Corp. The research firm believes large-sized TFT-LCD panel unit shipments growth in the third quarter will rise 9% sequentially, while fourth-quarter unit shipments will grow 10.9%.

Strong demand has been reported for wide-format monitor panels, especially for the 19-, 20- and 22² sizes. The notebook market is already recovering and is transitioning to larger sizes and wider format.

While future quarters hold good news for panel suppliers, they may bring worry for panel buyers, iSuppli said. Some buyers are reportedly hedging by double-booking LCD orders, destabilizing the market and contributing to faster price increases.
 
The tight supply has pushed prices sharply higher on mainstream desktop PC monitor panels. iSuppli expects prices to increase for most desktop monitor and notebook panels throughout the second half, especially in the fourth quarter.

LAUSANNE, SWITZERLAND – Synova, a maker of water jet-guided lasers, will open its second micromachining center in the U.S., the company said today. The Boston site is aimed at the medical, electronics and tooling markets and will open in January. 

The company is also opening a site in San Jose.

"Further expansion in the U.S. reinforces our strategy to better support all of our served markets worldwide," said Synova chief executive Bernold Richerzhagen. "Proximity to our customers is our top priority."

To date, Synova has more than 50 full-production machines at customer sites worldwide, of which 12 are operating in the U.S. 

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