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March 27, 2014
09:08 EDTSNX, CARBCarbonite announces distribution agreement with SYNNEX
Carbonite (CARB) has expanded its distribution network through an agreement with SYNNEX (SNX). The agreement allows SYNNEX' CLOUDSolv group to distribute Carbonite's platform of affordable, secure and easy-to-use market-leading cloud backup solutions for small to medium-sized businesses. SYNNEX is one of the first distributors to offer Carbonite's plans to their extensive reseller base. SYNNEX now offers Carbonite's full line of data backup and recovery products.
News For CARB;SNX From The Last 14 Days
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September 28, 2015
19:11 EDTSNXOn The Fly: After Hours Movers
HIGHER: Yahoo (YHOO), up 3.3% after the board authorized Yahoo to continue to pursue the Aabaco spin-off plan... Cheniere Energy (LNG), up 0.67% after Carl Icahn raised his stake in the company to 11.43%... Republic Airways (RJET), up 7.4% after the company was upgraded to Buy from Hold at Deutsche Bank... Exelon (EXC) and Pepco (POM), higher by 1% and 2.4%, respectively, after the DC Mayor's office released a statement confirming discussions of a settlement agreement with the companies. LOWER AFTER EARNINGS: SYNNEX (SNX), down 2.7% after the company reported Q3 results, gave Q4 guidance, and raised its quarterly dividend. ALSO LOWER: Zosano (ZSAN), down 52.5% after it discontinued development of its Daily ZP-PTH treatment for severe osteoporosis and terminated a collaboration agreement with Eli Lilly (LLY)... OvaScience (OVAS), down 15.9% after the company announced it doesn't expect to meet its previous 2015 goal of 1,000 Augment treatment cycles.
16:29 EDTSNXSYNNEX raises quarterly dividend to 20c from 12c per share
The dividend will be payable on October 30 to stockholders of record as of the close of business on October 16.
16:27 EDTSNXSYNNEX sees Q4 adjusted EPS $1.74-$1.79, consensus $1.78
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16:26 EDTSNXSYNNEX reports Q3 adjusted EPS $1.47, consensus $1.43
Reports Q3 revenue $3.33B, consensus $3.38B.
15:00 EDTSNXNotable companies reporting after market close
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September 25, 2015
07:08 EDTSNXSYNNEX price target raised to $97 from $90 at Brean Capital
Brean Capital raised its price target on SYNNEX to $97 from $90 to reflect its best in breed status. The firm cited expectations for both a revenue and OM benefit in Q2, its demand opportunity for products and its ability to continue with beat and raise quarters. Brean Capital reiterated its Buy rating on SYNNEX shares.
September 22, 2015
09:06 EDTCARBCarbonite acquires patents, IP from Rebit
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September 21, 2015
11:39 EDTCARBCarbonite management to meet with Oppenheimer
Meeting to be held in Canada on September 22 hosted by Oppenheimer.

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