Technology Distributors

Cirrus Logic Inc (NASDAQ: CRUS) dipped 13.35% to $14.15 in the pre-market session. CRUS reported weaker-than-expected FQ2 revenue. The Children's Place Retail Stores Inc (NASDAQ: PLCE) lost 11.33% to $46 in the pre-market session. PLCE has lowered its Q3 earnings guidance. UTStarcom Inc (NASDAQ:...

Mellanox® Technologies, Ltd. (NASDAQ: MLNX) (TASE:MLNX.ta), a leading supplier of end-to-end connectivity solutions for servers and storage systems, today announced financial results for its fiscal third quarter 2010, ended Sept. 30, 2010. Third Quarter Highlights * Revenues were $37.8 million...

AppSense today announced a new distribution agreement with Ingram Micro Inc. (NYSE: IM). Under the terms of the agreement, Ingram Micro will deliver AppSense products to its growing base of channel partners in North America to meet the growing demands for user virtualization solutions in physical...

GTSI Corp. (NASDAQ: GTSI) announces that the Small Business Administration has lifted the temporary federal contract suspension it imposed on the company on October 1, 2010, allowing GTSI and its approximately 525 employees to immediately resume full business with most of GTSI's existing clients...

In Citigroup's 2010 Supply Chain Playbook and 3Q Preview, the company said that it does not expect any of the listed companies – which includes Tyco Electronics Ltd. (NYSE: TEL) and Flextronics International Ltd. (NASDAQ: FLEX) – to miss their EPS expectations. Citigroup does, however, expect two...

Ciena® Corporation (NASDAQ: CIEN), Mellanox® Technologies (NASDAQ: MLNX), SURFnet and the University of Amsterdam today announced a collaborative experiment that produced a high-speed, long-haul 40 Gigabit Ethernet (40GbE) network to demonstrate distributed data processing and end-to-end single...

Goldman Sachs continues to view Arrow Electronic's (NYSE: ARW) current capital allocation strategy, which is heavily focused on tuck-in, margin-accretive acquisitions, as the best way for the company to drive shareholder returns. Since late 2009, Arrow has spent and estimated $700 mn in...

Goldman Sachs raised the price target on Arrow Electronics, Inc. (NYSE: ARW) to $35 from $33, as it sees distributor stocks outperforming. Goldman notes, "We would be adding to positions in Buy-rated ARW and IM ahead of earnings. In systems distribution, we expect broad-based strength in servers,...

Rofin-Sinar Technologies Inc (NASDAQ: RSTI) shares moved up 4.43% to $27.12 at 10:47 am. The volume of RSTI shares traded was 453% higher than normal. Standard & Poor's reported that RSTI will be replacing Cogent Inc (NASDAQ: COGT) in the S&P SmallCap 600, after the closing bell on October...

Stifel Nicolaus has upgraded ScanSource (NASDAQ: SCSC) from Hold To Buy with a $43 price target.

Morgan Keegan has published a research report on communications technology. In the report, Morgan Keegan writes "Specialty technology distributor, ScanSource (NASDAQ: SCSC), announced last night that its September quarter revenues would come in around $628 million, up +29% Y/Y and 11% above...

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site. For the third quarter ended September 30th, 2010, KVF earned $0.74...

Nu Horizons Electronics Corp. (NASDAQ: NUHC) reports Q3 earnings of $0.06 versus consensus of $0.01. Nu Horizons Electronics Corp. reports revenues of $164.1 million versus consensus of $164.60 million. "In the six months ended August 31, 2010, the Company generated over $21 million of cash from...

ScanSource, Inc. (NASDAQ: SCSC) today announced that sales results for its quarter ended September 30, 2010 are expected to be in the range of $623 million to $633 million, compared to $488 million for the same period one year ago. On our October 28, 2010 quarter-end conference call, ScanSource...

PepsiCo (NYSE: PEP) is expected to post its Q3 EPS at $1.21. Micron Technology Inc (NASDAQ: MU) may report its Q4 earnings at $0.40 per share. Alcoa Inc (NYSE: AA) is estimated to post its earnings at $0.07 in the third-quarter. AngioDynamics Inc (NASDAQ: ANGO) may post its Q1 earnings at $0.08 per...