Technology Distributors

ScanSource, Inc. (NASDAQ: SCSC) today announced complete financial results for its first quarter ended September 30, 2010. Quarter ended Sept 30, 2010:   Net Sales $635 million Net Income $15.7 million Diluted EPS $0.58 per share

Ingram Micro Inc. (NYSE: IM) authorizes new $400 Million, 3-Year Stock Repurchase Program.

Ingram Micro Inc. (NYSE: IM) today announced double-digit increases in sales and profits for the third quarter ended October 2, 2010. Worldwide sales for the third quarter were $8.45 billion, an increase of 14 percent compared with $7.38 billion in the prior-year third quarter. Weaker foreign...

Stifel Nicolaus is changing the price targets of the following companies: Cavium Networks, Inc. (NASDAQ: CAVM) $34 to $36 Rome Bancorp, Inc. (NASDAQ: ROME) $11 to $12 Mellanox Technologies, Ltd. (NASDAQ: MLNX) $21 to $26 Express Scripts (NASDAQ: ESRX) $58 to $60 MedAssets, Inc. (NASDAQ: MDAS)...

Miller Tabak has announced that it has changed its price target for Arrow Electronics, Inc. (NYSE: ARW) to $37 – up $2 from the previous target. Miller Tabak maintains its Buy rating. Arrow Electronics currently trades at $29.33.

GTSI Corp. (NASDAQ: GTSI) announced that the Federal Bureau of Investigation (FBI) has selected GTSI as one of the winners for an eight-year, ceiling of up to $30 billion Information Technology Supplies and Support Services (IT Triple S) contract. “This award is a clear signal that GTSI's well...

Mellanox Technologies Ltd (NASDAQ: MLNX) rose 9.51% to $23.27 in the pre-market session. Oracle Corp (NASDAQ: ORCL) has purchased a 10.2% stake in MLNX. Flextronics International Ltd (NASDAQ: FLEX) added 9.38% to $7 in the pre-market session. FLEX posted better-than-expected Q2 results and issued...

Avnet, Inc. (NYSE: AVT) today announced results for the first quarter fiscal year 2011 ended October 2, 2010. Sales for the quarter ended October 2, 2010 increased 42.0% year over year to a record $6.18 billion; pro forma revenue (as defined later in this release) was up 26.4% year over year...

Oracle (NASDAQ: ORCL) has announced that it has made a strategic investment in Mellanox Technologies (NASDAQ: MLNX), a leading supplier of end-to-end connectivity solutions for servers and storage systems, to further align product vision and maximize partnership efforts. In the after hours trading...

Trading is halted in Mellanox Technologies (Nasdaq: MLNX)

Internet service providers gained 11.80% in the first half of today's trading session, as F5 Networks, Inc. (NASDAQ: FFIV) jumped 15.41% higher. Internet Initiative Japan Inc. (ADR) (NASDAQ: IIJI) is also doing well, it added 1.55% so far. Regional - Mid-Atlantic Banks added almost 2%, and in the...

Arrow Electronics, Inc. (NYSE: ARW) today reported third quarter 2010 net income of $118.5 million ($1.01 and $1.00 per share on a basic and diluted basis, respectively) on sales of $4.66 billion, compared with net income of $12.6 million ($.10 per share on both a basic and diluted basis) on sales...

Anixter International Inc. (NYSE: AXE) today reported results for the quarter ended October 1, 2010. Third Quarter Highlights Sales of $1.40 billion increased 10 percent compared to the year ago quarter.  Major items affecting current quarter sales comparisons versus the prior year...

Brean Murray Carret & Co. sees sharp upside in Arrow Electronics, Inc. (NYSE: ARW), as it has a $40 price target and a Buy rating on shares. In a research note, Brean Murray writes, "Looking longer term, Synnex remains our secular favorite given 1) its continued ability to take core SMB...

Today I'd like to feature a stock that appeared in one of the screens at Alert HQ Premium. The screen is titled "Value and Growth Report" and, as the name implies, we look for stocks that embody the best of both worlds: value and growth. How the screen works -- Using daily and weekly data, we look...