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Earnings Scheduled For October 6 (MAR, COST, STZ, MON, BLUD, AYI, RT, CAMP, RPM, HELE, RBN, RELL)
Wednesday, October 6, 2010 - 3:51am | 273Marriott International Inc (NYSE: MAR) is likely to post its Q3 earnings at $0.23 per share. Costco Wholesale Corp (NASDAQ: COST) may report its Q4 EPS at $0.95. Constellation Brands Inc (NYSE: STZ) is expected to post its earnings at $0.49 per share in the second-quarter. Monsanto Co (NYSE: MON)...
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Arrow ECS Signs Exclusive Agreement To Deliver ‘Butterfly' Analysis Tool (ARW, IBM)
Tuesday, October 5, 2010 - 9:53am | 92Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. (NYSE: ARW), has signed an agreement with Backup Migrator Ltd. to provide an analysis and migration tool for backup and recovery for its IBM (NYSE: IBM) resellers. Branded “Butterfly” and available exclusively to...
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Liquid Image Inks Announces Distribution Deal with Ingram Micro
Tuesday, October 5, 2010 - 9:18am | 116Liquid Image Co, LLC announces a new distribution agreement with Ingram Micro's Consumer Electronics Division, Inc. (NYSE: IM). By adding Ingram Micro CE Division to its distribution line-up, Liquid Image® further expands its growth within the consumer electronics industry. Ingram Micro CE...
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Mellanox Chairman Sells 5,555 Shares of MLNX
Monday, October 4, 2010 - 4:15pm | 63In a Form 4 filed earlier today, Mellanox Technologies Ltd. (NASDAQ: MLNX) Chairman of the Board, Eyal Waldman, reported that he sold 5,555 shares of MLNX on September 30th -October 1st for an average price of $19.53. The transaction totaled $108,474. This sale was 10b5-1 Plan indicated. Mr....
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Evak Technology Withdraws Deal With GTSI
Monday, October 4, 2010 - 1:11pm | 104GTSI Corp (NASDAQ: GTSI) plunged close to 40% after Eyak Technology LLC announced that it had withdrawn its $7.50 per share bid to acquire GTSI. On Friday, GTSI was suspended by the US Business Administration from receiving any future contract awards from the US government. Evak Technology's...
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Avnet, Inc. Acquires Broadband Integrated Resources
Monday, October 4, 2010 - 11:01am | 79Avnet, Inc. (NYSE: AVT) announced today that it has acquired Broadband Integrated Resources Ltd. Founded in 2001, Broadband specializes in the repair of broadband and cable TV equipment in support of cable operators and manufacturers. With approximately 50 employees, for the calendar year 2009,...
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Benzinga's Top Pre-Market NASDAQ Losers (GTSI, DVOX, GMCR, SPWRA)
Monday, October 4, 2010 - 8:15am | 130GTSI Corp (NASDAQ: GTSI) dipped 43.45% to $4.10 in the pre-market session. Eyak Technology has withdrawn its $7.50 per share cash offer to buy GTSI. Dynavox Inc (NASDAQ: DVOX) lost 2.62% to $5.30 in the pre-market session. DVOX has withdrawn its adjusted earnings and sales projection for 2011....
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Avnet, Inc. Announces Acquisition of Eurotone
Monday, October 4, 2010 - 7:05am | 72Avnet, Inc. (NYSE: AVT) announced today that, through its wholly-owned subsidiary, it has acquired certain assets from Eurotone Electric Limited (Eurotone). Established in 1994, Eurotone is an engineering focused electronic components distributor in China that provides general purpose inverters for...
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A Peek Into The Market Before The Trading Starts
Monday, October 4, 2010 - 6:54am | 520Pre-open movers US stock futures are signaling a weak start on Monday. The European stock markets are on lower side. Futures for the Dow Jones Industrial Average fell 47 points to 10,721, while those for the Nasdaq 100 fell 10.25 points to 1,984 and those for the S&P 500 fell 6.10 points to 1,...
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Benzinga's Volume Movers (RELL, GYMB, DMAN, ACTG)
Friday, October 1, 2010 - 11:10am | 194Richardson Electronics Ltd (NASDAQ: RELL) shares moved up 5.05% to $11.03 at 11:49 am. The volume of RELL shares traded was 1721% higher than normal. RELL has agreed to sell its RF, Power and Wireless division to Arrow Electronics Inc (NYSE: ARW) for $210 million in cash. Gymboree Corp (NASDAQ:...
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Afternoon Market Update (MEDQ, RELL, ARW, UAL)
Friday, October 1, 2010 - 9:38am | 233Shares of MedQuist Inc (NASDAQ: MEDQ) surged after the company announced to pay a special dividend of $4.70 per share to its shareholders, as of record on October 11. The company is likely to pay the dividend on October 15. MEDQ has also signed financing agreements worth $310 million. MEDQ shares...
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Afternoon Market Update (MEDQ, RELL, ARW, UAL)
Friday, October 1, 2010 - 9:34am | 233Shares of MedQuist Inc (NASDAQ: MEDQ) surged after the company announced to pay a special dividend of $4.70 per share to its shareholders, as of record on October 11. The company is likely to pay the dividend on October 15. MEDQ has also signed financing agreements worth $310 million. MEDQ shares...
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Arrow ECS Launches Skill Builder for IBM Resellers (ARW, IBM)
Thursday, September 30, 2010 - 3:27pm | 96Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. (NYSE: ARW), has launched an online training tool that enables resellers to track their firm's – and individual team members' – progress toward gaining skills and obtaining certifications to sell more IBM (NYSE: IBM...
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SYNNEX Beats 3Q Estimates By 16%
Thursday, September 30, 2010 - 8:37am | 145Citigroup has published a research report on SYNNEX Corporation (NYSE: SNX) based on the company's impressive operating leverage in its 3Q. In the report, Citigroup writes "Synnex 3FQ EPS handily beat consensus estimates thanks to solid top line, improving product mix, a relatively rational pricing...
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Goldman Raising Estimates On SYNNEX After Strong Earnings (SNX)
Thursday, September 30, 2010 - 6:01am | 103Goldman Sachs is raising earnings estimates on SYNNEX Corporation (NYSE: SNX), after the company reported better than expected earnings. It has a $29 price target, up from $27, and a Neutral rating on shares. In the research report, Goldman writes, "Our rating on SNX remains Neutral, as we see...