Technology Distributors

GTSI Corp (NASDAQ: GTSI) rose 33.20% to $6.90 in the pre-market session. Eyak Technology has once again proposed to buy all the outstanding shares of GTSI at $7.00 per share in cash. ArcSight Inc (NASDAQ: ARST) added 24.39% to $43.66 in the pre-market session. Hewlett-Packard (NYSE: HPQ) has agreed...

Shares of Mellanox Technologies, Ltd. (NASDAQ: MLNX) are lower on the session by 0.74%, currently trading at $16.78. The stock has been moving largely sideways for the past two months after a sharp move lower on high volume. Options traders are betting that the stock may be able to rally now....

Tech Data Corporation (NASDAQ: TECD) today named Angela Beltz-Norrie vice president, Cisco Solutions Group. She is responsible for leading the company’s dedicated team of sales, marketing and technical professionals supporting all Cisco solutions available through Tech Data, including the Cisco...

Arrow Electronics, Inc. (NYSE: ARW) announced today the successful completion of its acquisition of Shared Technologies Inc. Shared is based in Irving, Texas, and has approximately 1,000 employees. Total sales in 2009 were approximately $250 million. The acquisition is expected to be $.10-$.12 per...

Arrow Electronics, Inc. (NYSE: ARW) has introduced a suite of new online services and capabilities designed to offer greater options and faster results for customers. With Arrow’s new search and filtering capabilities, customers searching by part number, keyword or manufacturer, will receive more...

SYNNEX Corporation (NYSE: SNX) will announce third quarter results for the fiscal period ended August 31, 2010, after market close on Wednesday, September 29, 2010. A conference call will be held to discuss the results at 2:00 p.m. PT and will be hosted by Kevin Murai, President and Chief...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Anixter International Inc (AXE) Arrow Electronics Inc (ARW) Avnet Inc (AVT) Bancorp Rhode Island Inc (BARI) Bel Fuse Inc (BELFB) View the entire Zacks #1 Rank List.    ARROW ELECTRONI (ARW): Free Stock Analysis Report AVNET...

Ingram Micro Inc. (NYSE: IM) today announced the appointment of 25-year IT services executive Renee Bergeron to vice president of managed services and cloud computing for its North America region. Bergeron joins Ingram Micro from Fujitsu America where she led a $300 million IT services solutions...

Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. (NYSE: ARW), and FalconStor Software (NASDAQ: FALC), have signed a new agreement for Austria, Switzerland and Southeastern Europe effective on 1st July 2010. Arrow ECS distributes FalconStor’s data protection...

Shares of Mellanox Technologies, Ltd. (NASDAQ: MLNX) are higher on the session by 3.04%, currently trading at $16.26. The stock has been moving largely sideways after a sharp move lower on high volume is mid-July. Options traders are buying puts on the name today, perhaps as a hedge to long shares...

With the 17th Annual Technology Conference quickly approaching, Citi released a preview of the Telecommunications Equipment and Handsets sector. Analysts stated, “For telecommunications equipment and handset investors, insights into end market demand and company-specific 2H10-2011 fundamental and...

Avnet Technology Solutions (NYSE: AVT), and Syncsort today announced an agreement to provide Avnet Technology Solutions' reseller partners in the U.S. and Canada with Syncsort's BEX data protection software. As a result of this new distribution agreement, Avnet Technology Solutions' community of...

The IT products distributor Tech Data Corp. (TECD) announced encouraging results for the second quarter of fiscal 2011, beating the Zacks Consensus Estimate of 78 cents per share with a surprise of 5.1%. Net income for the reported quarter was $40.9 million, compared with $35.2 million in the year...

ScanSource, Inc. (NASDAQ: SCSC) reports Q4 EPS of $0.52 versus estimates of $0.47. ScanSource, Inc. reports Q4 revenues of $582 million versus estimates of $579 million. Revenues increased 32% year over year. The company issued downside guidance for FY Q1; the company sees revenues of $555 to $575...

Tech Data Corporation (TECD) will be offering 3D TVs and Lenovo’s IdeaPad laptop PCs to retailers in the consumer electronics market, thereby expanding its consumer electronics product offering and diversifying its customer base.  The consumer market had been sluggish in 2009; however, we...