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Avnet Sells New ProSys Corp. - Analyst Blog
Thursday, January 6, 2011 - 5:00pm | 624Avnet, Inc. (AVT) recently announced that it sold its non-core asset New ProSys Corp. to ACS Acquisition Corp., an affiliate of Applied Computer Solutions. The total sale consideration includes a cash payment at closing and a three-year earn-out amount based upon New ProSys Corps' anticipated...
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Avnet Sells New ProSys Corp. - Analyst Blog
Thursday, January 6, 2011 - 4:26pm | 624Avnet, Inc. (AVT) recently announced that it sold its non-core asset New ProSys Corp. to ACS Acquisition Corp., an affiliate of Applied Computer Solutions. The total sale consideration includes a cash payment at closing and a three-year earn-out amount based upon New ProSys Corps' anticipated...
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Earnings Scheduled For January 5 (FC, RT, WOR, RECN, FDO, ZEP, UNF, RELL, SHLM)
Wednesday, January 5, 2011 - 4:42am | 244Franklin Covey Company (NYSE: FC) is expected to report its Q1 EPS at $0.08 on revenue of $38.38 million. Ruby Tuesday Inc (NYSE: RT) is projected to report its FQ2 EPS at $0.05 on revenue of $279.35 million. Worthington Industries Inc (NYSE: WOR) may post its earnings at $0.26 per share on revenue...
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Arrow Acquires Nu Horizons - Analyst Blog
Tuesday, January 4, 2011 - 3:33pm | 347Arrow Electronics, Inc. (ARW) recently completed the acquisition of Nu Horizons Electronics for $7.00 per share, or a total of $130 million. Headquartered in Melville, NY, Nu Horizons Electronics is a leading global distributor of advanced technology semiconductor, display, illumination and...
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Arrow Acquires Nu Horizons - Analyst Blog
Tuesday, January 4, 2011 - 3:07pm | 347Arrow Electronics, Inc. (ARW) recently completed the acquisition of Nu Horizons Electronics for $7.00 per share, or a total of $130 million. Headquartered in Melville, NY, Nu Horizons Electronics is a leading global distributor of advanced technology semiconductor, display, illumination and...
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The Right Way to Find Growth and Value Stocks - Screen of the Week
Tuesday, January 4, 2011 - 1:03pm | 231Kevin Matras shows the right way to find great growth stocks at an excellent value. Highlighted stocks include DX, HITK, OI, TECD and WRLD. DYNEX CAP INC (DX): Free Stock Analysis Report HI TECH PHARMA (HITK): Free Stock Analysis Report OWENS-ILLINOIS (OI): Free Stock Analysis Report TECH DATA CORP...
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Avnet, Inc. Sells New ProSys Corp.
Tuesday, January 4, 2011 - 12:02pm | 93Avnet, Inc. (NYSE: AVT) announced today that it has sold New ProSys Corp. , a value-added reseller and a leading provider of IT infrastructure solutions to a broad range of markets, to ACS Acquisition Corp., an affiliate of Applied Computer Solutions. Avnet acquired ProSys as part of the Bell...
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The Right Way to Find Growth and Value Stocks - Screen of the Week
Tuesday, January 4, 2011 - 12:00am | 231Kevin Matras shows the right way to find great growth stocks at an excellent value. Highlighted stocks include DX, HITK, OI, TECD and WRLD. DYNEX CAP INC (DX): Free Stock Analysis Report HI TECH PHARMA (HITK): Free Stock Analysis Report OWENS-ILLINOIS (OI): Free Stock Analysis Report TECH DATA CORP...
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Nu Horizons Electronics Corp. Announces Closing of Merger with Arrow Electronics
Monday, January 3, 2011 - 8:46am | 27Nu Horizons Electronics Corp. (NasdaqGS: NUHC) today announced that Arrow Electronics, Inc. has completed its acquisition of Nu Horizons.
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Stocks to watch Technically (NAK),(GFA),(SIGM),(IM),(FTO),(ITUB),
Wednesday, December 29, 2010 - 11:09am | 52Stocks to watch Technically (NAK),(GFA),(SIGM),(IM),(FTO),(ITUB),
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Top Performing Industries For December 29 (IM, SMS, IRE, PIR)
Wednesday, December 29, 2010 - 10:31am | 196At 10:28 am, the Dow gained 0.36% to 11,617.05, the broader Standard & Poor's 500 index moved up 0.21% to 1,261.15 and the NASDAQ composite index rose 0.30% to 2,670.89. The industries that are driving the market today are: Computers Wholesale: This industry jumped 1.68% by 10:28 am. The top...
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Ingram Micro Up In Pre-Market On Fast Money Mention (IM)
Wednesday, December 29, 2010 - 8:18am | 99Ingram Micro Inc. (NYSE: IM) is up nearly 4% in pre-market trading after Anthony Scaramucci mentioned it last night on CNBC's Fast Money. Scaramucci said that the semiconductor company was the Hedge Fund Trade of the Week. ”It has $7.36 in cash or net negative debt,” Scaramucci said. "It's been...
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Arrow Electronics - Bull of the Day
Wednesday, December 29, 2010 - 2:03am | 159Arrow Electronics Inc. (ARW) reported solid results for the third quarter driven by strong growth across all geographies and products. Although the company faced tough times between late 2008 early 2009, performance has been improving steadily since then. We expect overall demand and margins to...
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Arrow Electronics - Bull of the Day
Wednesday, December 29, 2010 - 12:00am | 159Arrow Electronics Inc. (ARW) reported solid results for the third quarter driven by strong growth across all geographies and products. Although the company faced tough times between late 2008 early 2009, performance has been improving steadily since then. We expect overall demand and margins to...
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Scott Black: Markets Poised to Jump in 2011 (SNX, ACM)
Monday, December 27, 2010 - 5:09pm | 156Delphi Management President, Scott Black, was just interviewed on Fox Business Network, where he gave his last interview before going quiet ahead of the Barron's Roundtable. Mr. Black said that he believe the S&P 500, as a whole, is rather cheap here, noting that he sees the economy growing at...