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News Breaks
May 13, 2014
08:10 EDTIM, SAPIngram Micro expands relationship with SAP in U.S.
Ingram Micro (IM) announced an expanded relationship under its U.S. distribution agreement with SAP America (SAP). The expanded relationship marks a significant milestone in Ingram Micro's existing distribution agreement with SAP in the U.S. and is being spearheaded by Ingram Micro's Advanced Computing Division with support from Ingram Micro's HP Business Unit. Ingram Micro will now provide analytics, database and enterprise mobility offerings from SAP to its U.S. channel partners. Ingram Micro will also distribute the pioneering SAP HANA platform, helping channel partners drive rapid innovation with accelerated analytics, business processes, data processing and predictive capabilities. In addition to SAP HANA, as well as SAP Business Objects and SAP Crystal solutions, Ingram Micro has also added to its solutions portfolio the SAP Lumira software.
News For IM;SAP From The Last 14 Days
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July 24, 2014
16:36 EDTIMIngram Micro sees Q3 revenue up year-over-year in high single-digits
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16:34 EDTIMIngram Micro reports Q2 EPS 54c, consensus 52c
Reports Q2 revenue $10.91B, consensus $10.58B. North America and Europe revenues benefited from robust mobility distribution sales, strong sales of networking products and an uptick in demand for systems products, including PCs. Latin America revenue growth was driven by strong sales of advanced solutions in Brazil and strength in tablets in Mexico. Strong revenue growth in North America, Europe and Latin America was partially offset by declines in Asia Pacific driven primarily by lower handset sales in Indonesia and continued sales weakness in China related to lower sales of tablets and softer demand for some of the products and vendors the company carries. Gross margin and non-GAAP operating margin grew respectively by 3 and 2 basis points year-over-year, benefiting from a better overall mix of higher value business, which more than offset lower margin volume growth in consumer and retail markets in Europe and new mobility distribution wins in North America.
09:44 EDTSAPThe House Committee on Foreign Affairs to hold a hearing
The Subcommittee on Africa, Global Health, Global Human Rights and International Organizations holds a hearing entitled, "The Global Challenge of Autism" with Vice President Velasco of SAP on July 24 at 2 pm. Webcast Link
July 23, 2014
10:22 EDTIMIngram Micro expands device-recovery operations at Indiana returns center
Ingram Micro division Ingram Micro Mobility is expanding device-recovery service operations at a key returns center in Plainfield, Ind. to support the increasing demand for mobility device repair, refurbishment and recycling. Anticipated growth at this facility alone is expected to reach 15% this month.
July 22, 2014
15:07 EDTSAPEarnings Preview: Microsoft to report after Nadella makes big job cuts
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July 21, 2014
13:04 EDTIMIngram Micro says Robert Laikin extends contract, expands role
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07:15 EDTSAPO'Reilly to hold a conference
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July 18, 2014
13:59 EDTSAPMarketo could be 'interesting' target for SAP, says JMP Securities
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July 17, 2014
05:44 EDTSAPSAP backs FY14 non-IFRS operating profit view of EUR 5.8B-EUR 6B
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05:40 EDTSAPSAP reports Q2 Non-IFRS EPS EUR 0.79 vs. EUR 0.71 last year
Reports Q2 revenue EUR 4.15B vs. EUR 4.06B last year. Reports Q2 Non-IFRS cloud subscriptions and support revenue increased 39% at constant currencies. Reports Q2 Non-IFRS calculated cloud billings increased 37% at constant currencies. Approximately 1.55M connected companies transacting approximately $540B. Non-IFRS software and software-related service revenue increased 8% at constant currencies, 4% at actual currencies to EUR 3.48B. IFRS operating profit of EUR 698M vs. EUR 988M last year impacted by provision of EUR 289M for seven-year old Versata litigation.
July 16, 2014
15:27 EDTSAPNotable companies reporting before tomorrow's open
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10:00 EDTIMOn The Fly: Analyst Upgrade Summary
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07:02 EDTIMIngram Micro upgraded to Buy from Neutral at BofA/Merrill
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