Technology Distributors

Shares of Mellanox Technologies (NASDAQ: MLNX) are lower on the session by 1.33%, currently trading at $27.37. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today....

At 10:36 am, the Dow gained 0.38% to 11,832.63, the broader Standard & Poor's 500 index moved down 0.08% to 1,292.27 and the NASDAQ composite index fell 0.15% to 2,751.17. The industries that are supporting the market today are: Electronics Wholesale: This industry jumped 3.71% by 10:36 am. The...

In its Q410 preview of Brightpoint, Inc. (NASDAQ: CELL), Credit Suisse said that it expects “results to be in-line to slightly better than our estimates, given broad based handset market strength.” “We forecast revenue of $1.03bn (+16% qoq), clean OMs of 2.8% (+40bp qoq), and PF EPS of $0.28 versus...

ScanSource Communications, a leading value-added distributor of communications products and a sales unit of ScanSource Inc., (NASDAQ: SCSC), has expanded its distribution relationship with ShoreTel and will now offer the company's complete product portfolio of IP phone systems with fully integrated...

Below is a list of 10 small cap stocks with recent earnings surprises to consider in the short (or long) term. For the purpose of this monthly list, I define value as a stock with a projected current year PE of under 20 and a Price to Earnings growth ratio under 1.  Small cap is defined as having a...

Arrow Electronics, Inc. (NYSE: ARW) today announced that it has signed a distribution agreement with Janus Remote Communications, a leader in Machine-to-Machine communications. Janus provides cellular-enabled devices for data acquisition and telemetry, asset tracking, facility and equipment...

Brean Murray, Carret & Co. is raising its PT on Synnex Corp. (NYSE: SNX) to $43. “Contribution from the core distribution and services business – now including high value services, consumer and enterprise – and addition of ~$1.1B from newly acquired MIT (Japanese IT distribution) more than...

Citigroup has raised the price target on Synnex Corporation (NYSE: SNX) from $38 to $46 and maintains its Buy rating.

Below are the top small-cap electronics wholesale stocks on the NYSE, the NASDAQ and the AMEX in terms of cash. Audiovox Corporation (NASDAQ: VOXX) had $73.20 million in total cash and $14.01 million in total debt for the latest quarter. Richardson Electronics Ltd (NASDAQ: RELL) had $31.98 million...

SYNNEX Corporation (NYSE: SNX) today announced financial results for the fiscal fourth quarter and year ended November 30, 2010. For the fiscal fourth quarter, revenue from continuing operations was $2.47 billion, an increase of 12.3% compared to $2.20 billion for the fiscal fourth quarter ended...

Fuwei Films (Holdings) Co Ltd (NASDAQ: FFHL) jumped 28.00% to $4.16 at 10:00 am. FFHL's trailing-twelve-month revenue is $62.12 million. Sypris Solutions Inc (NASDAQ: SYPR) shares surged 20.31% to $5.45. SYPR's trailing-twelve-month levered free cash flow is $32.85 million. Interactive Intelligence...

Shares of Mellanox Technologies (NASDAQ: MLNX) are higher on the session by 2.63%, trading at $28.50. Overall put volume is now running at 2.77x the daily average, with 11% of all puts traded being purchases on the offer. 1,538 contracts have traded on the session so far. Mellanox Technologies,...

Cypress Semiconductor Corporation (NASDAQ: CY) shares gained 1.11% to create a new 52-week high of $19.50. CY had $396.37 million in total cash and no debt for the recent quarter. Ceradyne Inc (NASDAQ: CRDN) shares rose 1.79% to touch a new 52-week high of $35.57. Analysts at Wedbush upgraded CRDN...

Merger activity decreased last week with two new deals announced and four deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 5 Total Number of Pending...