Stocks in the news: Jabil Circuit, Ford, General Electric

Jabil Circuit (JBL) reported a $42.1 million loss in its fiscal second quarter on 20 cents a share. Excluding items, Jabil earned 13 cents a share. Revenue declined by 5.6% to $2.9 billion. While sales were below forecast, its earnings were inline with estimates. However, its third quarter projections were below analysts'. JBL shares gained over 7 percent in pre-market trade.

Ford Motor Co. (F) slashed CEO Alan Mulally's compensation by more than 30 percent to $13.6 million last year, when the automaker lost a record $14.7 billion and the stock fell 66 percent. While the compensation includes $2 million in salary and the rest in bonus, it's important to remember Ford is the only major U.S. automaker not seeking U.S. loans and that it achieved its 2008 performance targets for pretax profits, cash flow, cost cuts, market share and vehicle quality.