Computers Wholesale

(IM) Ingram Micro and SAP Join Forces

Recently, Ingram Micro (IM) has entered into a distribution agreement with enterprise application software provider, SAP AG (SAP). This agreement is intended to expand...

18Apr2013 | | Comments Off on (IM) Ingram Micro and SAP Join Forces | Continued

(IM) Ingram Micro Buys Promark Technology

Technology distribution company Ingram Micro (IM) has acquired value added technology distributor Promark Technology. The latter particularly focuses on data storage, data management, and products...

7Dec2012 | | Comments Off on (IM) Ingram Micro Buys Promark Technology | Continued

(IM) Ingram Micro Expands Digital Signage

Ingram Micro Inc. (IM) adds to its portfolio every now and then. After announcing a bunch of cloud offerings last week, the information technology (IT) distributor has now expanded its range of digital signage offerings through a new...

14Jun2012 | | Comments Off on (IM) Ingram Micro Expands Digital Signage | Continued

(IM) Ingram Micro Increases Business Focus on More Cloud Computing

Having witnessed the soaring demand for cloud computing and eagerness to transform into cloud infrastructure, Ingram Micro Inc. (IM) is increasing focus on cloud offerings. This week, we noticed some new developments within Ingram’s...

8Jun2012 | | Comments Off on (IM) Ingram Micro Increases Business Focus on More Cloud Computing | Continued

(IM) Ingram Micro Incorporated – Bear of the Day

Ingram Micro (IM) is one of the world’s largest distributors of IT products. The company failed to impress with its third quarter 2011 results. Moreover, the soft retail sector in Europe and the Asia-Pacific, as well as the ERP...

29Nov2011 | | 0 comments | Continued

(IM) Ingram Micro Earnings Report In Line with Estimates

Ingram Micro Inc. (IM) has reported third-quarter 2011 earnings per share of 35 cents, just matching the Zacks Consensus Estimate.

Revenues

Ingram Micro’s third quarter revenue of $8.90 billion increased...

2Nov2011 | | 0 comments | Continued

(IM) Ingram Micro in Twin Distribution Deals

Ingram Micro Inc. (IM) sealed two distributor deals in two days. The leading distributor of information technology (IT) entered into agreements with Revolabs Inc., a provider of wireless audio products, and Kaspersky Lab, an ace provider...

22Jun2011 | | 0 comments | Continued

(IM) Ingram Micro Misses Estimates – Outlook Dull

Ingram Micro Inc. (IM) reported adjusted first-quarter 2011 earnings per share of 34 cents, failing to meet the Zacks Consensus Estimate of 46 cents. Management held transitional difficulties to a new enterprise system in Australia...

3May2011 | | 0 comments | Continued

(IM) Ingram Micro Fourth Quarter 2010 Earnings Beat on Strong Revenues

Ingram Micro Inc. (IM) reported adjusted fourth-quarter 2010 earnings per share of 72 cents, exceeding the Zacks Consensus Estimate of 67 cents. Despite the beat, shares slid 3.7% in the after-market trade, which could be due to Euro...

13Feb2011 | | 0 comments | Continued

(TECD) Tech Data Analyst Maintains Neutral Rating on Shares

We maintain a Neutral recommendation on Tech Data Corp. (TECD).

Tech Data’s second quarter 2011 results beat the Zacks Consensus Estimate and recorded the most profitable second quarter in the company’s history, attributable...

3Oct2010 | | 0 comments | Continued

(TECD) Tech Data Expands Consumer Electronics Product Offerings

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...

18Aug2010 | | 0 comments | Continued

(TECD) Tech Data Corporation Earnings Scorecard

Tech Data Corp. (TECD) reported better-than-expected results for the fiscal fourth quarter 2010 on March 2, beating the Zacks Consensus Estimate by a huge difference of $1.01 per share, posting a surprise of 23.76%.

Fourth-Quarter...

29Mar2010 | | 0 comments | Continued

(IM) Ingram Micro Incorporated – Another Earnings Surprise

Ingram Micro Inc (IM) just reported another earnings surprise and analysts are raising their forecasts.

Company Description

Ingram Micro provides marketing, logistic, technical and other services for its...

18Mar2010 | | 0 comments | Continued

(TECD) Tech Data Corporation Outperforms Earnings Expectations

Tech Data Corp. (TECD) announced encouraging results for the fourth quarter of fiscal 2010. Net income was $70.1 million compared to $57.0 million in the year-ago quarter. Earnings per share (EPS) were $1.35 compared to $1.14 in the...

8Mar2010 | | 0 comments | Continued

(IM) Ingram Micro Earnings Report Exceeds Expectations

Ingram Micro (IM) reported fourth quarter 2009 EPS of 64 cents, exceeding the Zacks Consensus Estimate of 52 cents per share.

Revenues

The company reported fourth-quarter 2009 revenues of $8.81 billion,...

23Feb2010 | | 0 comments | Continued

(TECD) Tech Data Corporation – Bullish Forecasts – New Share Buyback Announced

Tech Data Corp. (TECD), which recently announced $100 million share buyback, is seeing bullish earnings forecasts on a solid fiscal third-quarter. The full-year Zacks Consensus Estimate of $3.17 per share climbed from $2.84 over the...

16Dec2009 | | 0 comments | Continued

(TECD) Tech Data Corporation – Bull of the Day

Tech Data (TECD) reported better-than-expected results for the third quarter, beating the Zacks Consensus Estimates. Moreover, the company gave encouraging revenue guidance for the upcoming quarter. We expect revenue to rebound modestly...

14Dec2009 | | 0 comments | Continued

(TECD) Tech Data Corporation Upped to Outperform

We upgrade Tech Data Corporation (TECD) from Neutral to Outperform indicating that it would perform above the market. The shares trade at a premium to the industry leader, Ingram Micro Inc (IM),...

11Dec2009 | | 0 comments | Continued

(IM) Ingram Micro Inc – Surprised by 45% in the Third Quarter

Ingram Micro Inc. (IM) saw sequential sales rise 12% in the third quarter as the global economy improved. The company trades with a forward P/E of 14.

Company Description

Ingram Micro distributes technology...

3Dec2009 | | 0 comments | Continued

(TECD) Tech Data Corp Beats Expectations – Ups Guidance

Tech Data Corp. (TECD) announced encouraging financial results for the third quarter of fiscal 2010. Net income was $43.1 million compared to $16.8 million in the year-ago quarter. Earnings per share (EPS) in the same quarter were...

29Nov2009 | | 0 comments | Continued

(IM) Ingram Micro Delivers Decent Quarterly Numbers

Ingram Micro (IM) reported third-quarter EPS of 25 cents, exceeding the Zacks Consensus Estimate of 20 cents.

Revenues

The company reported third-quarter revenues...

4Nov2009 | | 0 comments | Continued

(TECD) Tech Data Outperforms – value-added resellers accounted for 50% of second quarter revenue

Tech Data Corp. (TECD) has declared encouraging financial results for the second quarter of fiscal 2010. Total revenue was $5.2 billion compared to $6.2 billion in the prior-year quarter. However, this was above the Zacks Consensus Estimate of $5.04 billion.

The year-over-year...

21Aug2009 | | 0 comments | Continued