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(ARW) Arrow Electronics Makes Strategic Acquisition

World’s largest distributor of electronic components and enterprise computing products Arrow Electronics, Inc. (ARW) recently declared the acquisition of Global Link Technology, Inc. (Global Link). The financial terms and conditions...

18Sep2012 | | Comments Off on (ARW) Arrow Electronics Makes Strategic Acquisition | Continued

(ARW) Arrow Electronics Announces Decision to Aquire Redemtech

World’s largest distributor of electronic components and enterprise computing products Arrow Electronics, Inc. (ARW) recently declared its decision to acquire Redemtech, Inc. (Redemtech). The acquisition, subject to regulatory ratification,...

30Aug2012 | | Comments Off on (ARW) Arrow Electronics Announces Decision to Aquire Redemtech | Continued

(AVT) Avnet Extends Distribution Agreement with OCZ Technology

Electronic parts distributor, Avnet Inc.’s (AVT) business segment, Avnet Electronics Marketing Americas, recently extended its distribution agreement with OCZ Technology Group, Inc. (OCZ)...

28Aug2012 | | Comments Off on (AVT) Avnet Extends Distribution Agreement with OCZ Technology | Continued

(AVT) Avnet Accesses Latest Products From Analog Devices and Freescale Semiconductor

Phoenix -based Avnet, Inc.’s (AVT) operating unit, Avnet Electronics Marketing Americas, has recently declared the accessibility of the latest product ranges from Analog Devices, Inc. (ADI),...

26Aug2012 | | Comments Off on (AVT) Avnet Accesses Latest Products From Analog Devices and Freescale Semiconductor | Continued

(GWW) W.W. Grainger Maintained at Neutral

We maintained our Neutral recommendation on W.W. Grainger Inc. (GWW), given the slowdown in sales, margin headwinds and the entry of Amazon.com Inc. (AMZN) in the...

22Aug2012 | | Comments Off on (GWW) W.W. Grainger Maintained at Neutral | Continued

(AVT) Avnet Announces New Cloud Training Platform

Avnet Technology Solutions, an operating unit of Avnet Inc. (AVT), recently declared that its latest cloud training services are now accessible through the company’s Avnet Cloud Solutions portal. The newly-introduced platform will...

21Aug2012 | | Comments Off on (AVT) Avnet Announces New Cloud Training Platform | Continued

(GWW) W.W. Grainger Earnings Preview

W.W. Grainger (GWW) is scheduled to announce its second quarter fiscal 2012 results on July 18, 2012. The current Zacks Consensus Estimate is $2.63 for the quarter, projecting year-over-year growth of 14.9%. The estimates in the current...

16Aug2012 | | Comments Off on (GWW) W.W. Grainger Earnings Preview | Continued

(AVT) Avnet Makes Strategic Acquisition

Avnet, Inc. (AVT), a world-leading supplier of electronic components and computer products, recently declared the acquisition of Pepperweed Consulting. While we await further details on the agreement, this latest acquisition is likely...

7Aug2012 | | Comments Off on (AVT) Avnet Makes Strategic Acquisition | Continued

(GWW) W.W. Grainger Posts Record Earnings

W.W. Grainger, Inc. (GWW) reported record earnings per share (EPS) for the second quarter 2012, which increased 18% year over year to $2.63 per share, in line with the Zacks Consensus Estimate.

Including a 2 cents per share...

23Jul2012 | | Comments Off on (GWW) W.W. Grainger Posts Record Earnings | Continued

(AVT) Avnet Initiates Cash Offer for Internix Unit

Avnet, Inc. (AVT), a world-leading supplier of electronic components and computer products, recently initiated a cash tender offer through one of its wholly-owned operating units to acquire all outstanding shares of Internix, Inc....

9Jul2012 | | Comments Off on (AVT) Avnet Initiates Cash Offer for Internix Unit | Continued

(ARW) Arrow Electronics Expands Product Line

New York-based Arrow Electronics Inc.s (ARW) operating unit, Arrow Enterprise Computing Solutions, has recently announced the launch of its latest cloud service aggregation and brokerage portal,...

6Jul2012 | | Comments Off on (ARW) Arrow Electronics Expands Product Line | Continued

(WCC) WESCO International – Bull of the Day

WESCO International (WCC) is one of the largest distributors of electrical products in the U.S. The company’s third quarter results beat the Zacks Consensus and forward guidance was encouraging.

WESCO’s strong market...

11Jan2012 | | 0 comments | Continued

(GWW) W.W. Grainger’s Sales On a Roll

W.W. Grainger Inc. (GWW) reported November sales growth of 15% year over year, continuing its double-digit run so far in the year.

Acquisitions added 5 percentage points to growth mainly due to the Fabory business acquired...

15Dec2011 | | 0 comments | Continued

(ARW) Arrow Electronics Offers Alcatel-Lucent Solutions

Arrow Electronics (ARW) recently announced that its business segment Arrow Enterprise Computing Solutions (ECS) now offers the full line of enterprise voice, data and security solutions from Alcatel-Lucent (ALU)...

30Nov2011 | | 0 comments | Continued

(GWW) W.W. Grainger to Acquire Fabory Group

Industrial distributor, W.W. Grainger Inc. (GWW) intends to buy European fastener distributor Fabory Group for $344 million to boost its product offerings. The acquisition is expected to close in the third quarter of 2011 and will...

16Aug2011 | | 0 comments | Continued

(ARW) Arrow Electronics’ BeMicro Adds Motor Control

Arrow Electronics (ARW) has recently expanded its BeMicro SDK (Software Development Kit) platform to BeMicro SDK Motor Control kit, supporting the development of a motor-control design within a single Field-programmable Gate Array...

8Jul2011 | | 0 comments | Continued

(AVT) Avnet Completes Parisian IT Buy

Avnet, Inc. (AVT) recently completed its previously announced acquisition of value-added IT distributor Amosdec SAS. Headquartered in Paris, Amosdec provides virtualization and storage management solutions.

Amosdec generated...

5Jul2011 | | 0 comments | Continued

(ARW) Arrow Electronics Signs Deal with Syncort

Electronics distributor Arrow Electronics Inc. (ARW) recently announced that its business segment – Arrow Enterprise Computing Solutions (ECS) has signed an agreement with Syncort to be among the first distributors of the NetApp...

5Jul2011 | | 0 comments | Continued

(ARW) Arrow Electronics Expands in China with Seed

New York-based electronics parts distributor Arrow Electronics, Inc. (ARW) recently signed a definitive agreement to acquire all of the assets and operations of the distribution business of Seed International Ltd. in a move to strengthen...

29Jun2011 | | 0 comments | Continued

(GWW) W.W. Grainger Still Neutral

W.W. Grainger Inc.’s (GWW) fiscal first quarter 2011 EPS was a record $2.18, up 58% year over year, while revenues climbed 12.6%, both outperforming the relevant Zacks Consensus Estimates. Results were driven by expanding product...

26Jun2011 | | 0 comments | Continued

(CELL) Brightpoint Remains Neutral

We maintain our Neutral recommendation on Brightpoint Inc. (CELL) following the ongoing consolidation trend in the U.S telecom industry. If the proposed acquisition of T-Mobile USA by AT&T (T)...

24Jun2011 | | 0 comments | Continued

(AVT) New Contracts for Avnet EM

Avnet Electronics Marketing (EM) Americas, a division of Avnet Inc. (AVT) recently collaborated with NXP and introduced Speedway Design Workshop, USB Made Easy.

Based on NXP’s Cortex-M USB portfolio, USB Made Easy will assist...

22Jun2011 | | 0 comments | Continued

(GWW) W.W. Grainger Reports Record First Quarter – Guides Higher

W.W. Grainger Inc. (GWW) delivered record earnings per share (EPS) of $2.18 in its fiscal 2011 first quarter ended March 31, 2011, up 58% from an adjusted EPS of $1.38 in the year-ago period. Earnings were way ahead of the Zacks Consensus...

27Apr2011 | | 0 comments | Continued

(ARW) Arrow Electronics – Bull of the Day

We expect overall demand and margins to improve at Arrow Electronics (ARW) as volumes ramp up. The recent acquisitions should positively impact the margins and bottom line. The addition of Nu Horizons will enhance the company’s...

21Apr2011 | | 0 comments | Continued

(CELL) Brightpoint Incorporated – Bull of the Day

We upgrade our recommendation for Brightpoint Inc. (CELL) to Outperform, following its fourth quarter of 2010 financial results, well above the Zacks Consensus Estimates.

Significant growth of 3G smartphones throughout the...

11Feb2011 | | 0 comments | Continued

(GWW) W.W. Grainger October Sales Report 11% Year-Over-Year Growth

W.W. Grainger Inc. (GWW) reported October sales growth of 11% year over year. Though remaining positive, growth in October moderated from the preceding months, plunging to the lowest point thus far in this fiscal year. Monthly sales...

25Nov2010 | | 0 comments | Continued

(GWW) W.W. Grainger – Earnings Beat The Street

W.W. Grainger (GWW) delivered another strong quarter on October 14 followed once again by increased sales and earnings guidance going forward. This prompted analysts to raise their estimates, which propelled the stock to a Zacks #1 Rank (Strong Buy).

The...

26Oct2010 | | 0 comments | Continued

(AVT) Avnet Incorporated – Bull of the Day

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...

27Sep2010 | | 0 comments | Continued

(ARW) Arrow Electronics – Earnings to Double – Shares are Cheap

Arrow Electronics (ARW) estimates are surging and now projecting earnings to more than double this year. Analysts had no choice but to raise their outlook after the company set records for earnings and revenue last quarter.

Company...

23Sep2010 | | 0 comments | Continued

(AVT) Avnet Incorporated – Bull of the Day

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...

20Sep2010 | | 0 comments | Continued