ST. PETERSBURG, FL -- The enforcement division of the Securities and Exchange Commission has notified Jabil Circuit it recommends no action on Jabil's historical stock option grant practices.

Following a roughly six-month investigation, the SEC Division of Enforcement issued a letter to Jabil advising the SEC not to take any enforcement action.

YOUNGSVILLE, OH -- SMT Resource Group, a seller of refurbished equipment, this week filed for Chapter 11 bankruptcy protection.

The company had recently moved from Texas to a former Flextronics site in Youngsville, where it leases 60,000 sq. ft.

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TORONTO -- Research in Motion is considering outsourcing production to companies in the Pacific Rim, according to published reports.

DigiTimes is reporting RIM vice president for Asia-Pacific Norm Lo as saying RIM's leading position in the fast-growing smartphone market is behind the company's continued outsourcing.

RIM currently outsources some product build to Elcoteq, and according to DigiTimes sources also contracts with Huizho, China-based TCL, a $5.8 billion ODM that is also a business partner of Alcatel, Toshiba, Thomson and Philips Electronics.