Technology Distributors

Nu Horizons Electronics Corp (NASDAQ: NUHC) jumped 102.35% to $6.90 at 10.28 am. Arrow Electronics (NYSE: ARW) has agreed to acquire NUHC for $7 per share in cash RAE Systems Inc (AMEX: RAE) climbed 50.96% to $1.57. RAE has agreed to be purchased by an affiliate of Battery Ventures for about $95.3...

Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. (NYSE: ARW), has signed a distribution agreement with Xsigo Systems. As the first value-added distributor for Xsigo in North America, Arrow ECS will Xsigo's full suite of I/O virtualization products to value-added...

We continue to maintain our OUTPERFORM recommendation on Avnet, Inc. (AVT), one of the world's largest distributors of electronic components and computer products, based on solid growth expected in fiscal 2011.   Avnet revived its business quite well in fiscal 2010 after a disastrous 2009, driven...

Arrow Electronics, Inc. (NYSE: ARW) today announced that it has agreed to acquire Nu Horizons Electronics in an all cash transaction for $7.00 per share. Nu Horizons is headquartered in Melville, N.Y., and has over 700 employees. Total sales were $671 million for the fiscal year ended February 28...

Avnet (AVT) revived its business quite well in fiscal 2010 after a disastrous 2009, driven by strong global demand. Business began to recover in the first quarter of fiscal 2010 as end demand improved and participants began to realize inventory in the technology supply chain at unsustainably low...

Technology stocks moved up, driven by Oracle Corp (NASDAQ: ORCL), Research In Motion (NASDAQ: RIMM) and Texas Instruments (NYSE: TXN). ORCL shares jumped about 6%, following a strong rise in the company's FQ1 profit. RIMM also posted upbeat earnings for the latest quarter. TXN's plan to repurchase...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Acadia Realty Trust (AKR) Actel Corp (ACTL) Arrow Electronics Inc (ARW) Asbury Automotive Group Inc (ABG) Avnet Inc (AVT) View the entire Zacks #1 Rank List.    ASBURY AUTO GRP (ABG): Free Stock Analysis Report ACTEL CORP (...

For Immediate Release Chicago, IL – September 16, 2010 – Zacks Equity Research highlights: Arrow Electronics Inc. (ARW) as the Bull of the Day and J.C. Penney (JCP) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Garmin (GRMN), Google (GOOG) and Apple (AAPL). Full...

Jobs number is out, and the market reaction has been surprisingly muted to the Bear's advantage. We are poised to open this morning lower. Bears can't let this opportunity get away from them.  LONG: Callaway Golf (ELY) SHORT: Synnex Corp. (SNX) Read more...

Arrow Electronics Inc. (ARW) reported solid results for the second quarter driven by strong growth across all geographies and products. Estimates have been on the rise in the past sixty days. Although the company faced tough times between late 2008/early 2009, performance has been improving...

We recently upgraded our recommendation to OUTPERFORM from NEUTRAL on Arrow Electronics Inc. (ARW) in anticipation of strong performance in the upcoming quarters.   Arrow reported solid results for the second quarter driven by strong growth across all geographies and products. Arrow offers its...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 99 Cents Only Stores (NDN) Arrow Electronics Inc (ARW) Avnet Inc (AVT) Cabot Corp (CBT) Caterpillar Inc (CAT) View the entire Zacks #1 Rank List.    ARROW ELECTRONI (ARW): Free Stock Analysis Report AVNET (AVT): Free Stock...

GTSI Corp. (NASDAQ: GTSI) today announced its Board of Directors has adopted a Shareholder Rights Plan that is designed to encourage the fair and equal treatment of GTSI's shareholders in connection with any initiative to acquire effective control of the Company. The adoption of the Rights Plan is...

GTSI Corp (NASDAQ: GTSI) jumped 35.91% to $7.04 at 10:20 am. Eyak Technology has once again proposed to buy all the outstanding shares of GTSI at $7.00 per share in cash. Arc Sight Inc (NASDAQ: ARST) climbed 25.13% to $43.92. Hewlett-Packard (NYSE: HPQ) has agreed to acquire ARST for $1.5 billion...