NEW YORK (Standard&Poor's) Nov. 27, 2006--Standard&Poor's Ratings Services said today that it revised its outlook on St. Petersburg, Fla.-based Jabil Circuit Inc. to negative from stable. The corporate and senior unsecured credit ratings are affirmed at 'BBB-'. "The outlook revision reflects a series of announcements from the company that collectively absorb much of the company's capacity to weather additional operating or financial challenges at the current rating level," said Standard&Poor's credit analyst Lucy Patricola. Over the past several months, Jabil has disclosed operating miss-steps that caused a 12% decline in EBITDA margin, a $200 million share repurchase program, a $200 million to $225 million restructuring program and, most recently, its largest acquisition in a
