Technology Distributors

Now for Part Two of my watch-list for short-setups. If you missed the the first one, you can find it by clicking here. Same rules apply as before, be aware that all new additions on the list are highlighted in yellow. Overall, today was a good day for the portfolio - up a little over 1%,  the...

Shares of Mellanox Technologies LTD (NASDAQ: MLNX) are lower on the session by 1.89%, currently trading at $21.83. The stock has been consolidating throughout the past two months after a nice move higher throughout March and April. Options traders are betting that the stock could continue its run...

Designed to give its resellers a jump start with selling Oracle (Nasdaq: ORCL) hardware and software, Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. (NYSE: ARW), launched "Fast Track," a program for legacy Sun Microsystems resellers. The program assists resellers...

Analysts at Brean Murray reiterate their "buy" rating on Synnex Corp (NYSE: SNX), while raising their estimates for the company. The target price for SNX is set to $38. SNX has reported better-than-expected results for the May quarter. According to Brean Murray, “Consistent with our thesis, we...

Shares of Anixter International Inc. (NYSE: AXE) are higher on the session by 3.51%, currently trading at $46.02. The stock has been drifting lower over the past month and a half and is currently struggling to hold the 200-day moving average. A call spread was purchased on the Anixter today; the...

The market sentiment has turned positive after Fed chief Bernanke’s remarks. Till 12:49 pm, the Dow Jones Industrial Average gained 104.15, or 1.05%, to 10,044.13, the S&P 500 index moved up 12.33, or 1.16% and the NASDAQ added 31.06, or 1.43%. Some of the few narrow based indexes that are...

Piper Jaffray analysts T. Michael Walkley, Charles John, Christopher M. Larsen, Joseph A. Mastrogiovanni and Bradley W. Korch maintained their Neutral rating for shares of Brightpoint Inc (Nasdaq: CELL). The analysts said that although they feel that improving handset macro trends and recovering...

PC Connection, Inc. (NASDAQ: PCCC), a leading direct marketer of information technology (IT) products and services, today announced that the Company is scheduled to present to investors on Friday, June 11, 2010, at the Wall Street Analyst Forum, located at The University Club, 1 West 54th Street (...

Deutsche Bank (NYSE: DB) has released a report covering the performance of Electronics Supply Chain companies. A majority of the companies posted impressive Q1 earnings numbers and largely surpassed expectations. The companies also had higher operating margins. Telecom, networking and industrial...

Shares of Mellanoox Technologies LTD (NASDAQ: MLNX) are trading higher today by 0.27%, currently at $22.36. The stock has been a relative outperformer, but as of late has been selling off. Still, the stock remains just below the 50-day moving average. I am detecting put buying in the name today....

Analysts at Brean Murray reiterate their "buy" rating on Tech Data Corp (NASDAQ: TECD), while raising their estimates for the company. The target price for TECD is set to $50. TECD posted better-than-expected EPS for the April quarter driven by stronger-than-expected revenue from the European...

IT products distributor Tech Data Corporation (Nasdaq: TECD) announced on Friday morning that it surpassed consensus Wall Street estimates. Tech Data Corporation reported that its 1st quarter fiscal 2011 net income climbed 43.7% to $45.6 million, or 88 cents per share, up from $31.8 million, or 63...

Zanett Inc (NASDAQ: ZANE) jumped 36.52% after it said that it has won $17.1 million in new business during the first three months of 2010. ZANE offers customized information technology solutions in the US. Response Genetics (NASDAQ: RGDX) shares soared 31.63% after the company said it has signed a...

Acacia Research Corp (NASDAQ: ACTG) crossed its earlier 52-week high of $15 and created a new 52-week high of $15.15, up 1.81% at 12:51 pm. ACTG’s Document Generation Corporation subsidiary has entered into a settlement agreement with Cerner Corporation (NASDAQ: CERN) covering patents relating to...