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Stock Market & Financial Investment News

News Breaks
August 18, 2014
05:24 EDTARWArrow Electronics downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Arrow Electronics to Neutral citing valuation and increased supply chain inventory. The firm lowered its price target for shares to $59 from $60.
News For ARW From The Last 14 Days
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February 11, 2016
08:31 EDTARWArrow Electronics, MobileIron announces North American distribution agreement
Arrow Electronics (ARW) and MobileIron (MOBL) announced a North American distribution agreement that will cover MobileIron's entire product portfolio. This is MobileIron's first comprehensive distribution agreement in North America.
February 10, 2016
07:17 EDTARWGoldman Sachs to hold a conference
Technology & Internet Conference is being held in San Francisco on February 9-11 with webcasted company presentations to begin on February 10 at 11 am; not all company presentations may be webcasted. Webcast Link
February 4, 2016
08:10 EDTARWArrow Electronics sees Q1 EPS ex-items $1.34-$1.46, consensus $1.34
Sees Q1 revenue $5.25B-$5.65B, consensus $5.32B. "As we look to the first quarter, we believe that total sales will be between $5.25 billion and $5.65 billion, with global components sales between $3.55 billion and $3.75 billion, and global enterprise computing solutions sales between $1.7 billion and $1.9 billion. As a result of this outlook, we expect earnings per share on a diluted basis, excluding any charges, to be in the range of $1.34 to $1.46 per share. Our guidance assumes an average tax rate in the range of 27 to 29 percent," the company said.
08:07 EDTARWArrow Electronics was target of criminal fraud, to record one-time charge in Q1
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08:05 EDTARWArrow Electronics reports Q4 adjusted EPS $1.94, consensus $1.83
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