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Stock Market & Financial Investment News

News Breaks
June 23, 2014
08:34 EDTSNXSYNNEX announces stock repurchase program
SYNNEX announced that its board approved an anti-dilution share repurchase program under which it will begin purchasing up to $100M of its Common Stock over a period of up to three years for the purpose of mitigating or reducing the dilution resulting from the various employee stock incentive and employee stock purchase programs. Any stock repurchases may be made through open market and privately negotiated transactions, at times and in such amounts as management deems appropriate, including pursuant to one or more Rule 10b5-1 trading plans adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
News For SNX From The Last 14 Days
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September 30, 2014
07:47 EDTSNXSYNNEX results increase conviction in positive view, says Brean Capital
Brean Capital said the impressive Q3 results for SYNNEX (SNX) increases its conviction in its $85 price target. The firm cited the company's encouraging Technology Solutions results, potential for double digit operating margins, and favorable indications from the IBM (IBM) BPO business. Brean Capital maintains its Buy rating on SYNNEX shares.
September 29, 2014
18:22 EDTSNXOn The Fly: After Hours Movers
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17:48 EDTSNXSYNNEX up 6.5% after hours following Q4 earnings report, dividend initiation
16:11 EDTSNXSYNNEX sees Q4 EPS $1.66 -$1.71, consensus $1.68
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16:10 EDTSNXSYNNEX reports Q3 EPS $1.59, consensus $1.48
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16:05 EDTSNXSYNNEX initiates 12.5c quarterly cash dividend
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15:11 EDTSNXNotable companies reporting after market close
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September 24, 2014
09:59 EDTSNXOn The Fly: Analyst Upgrade Summary
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08:04 EDTSNXSYNNEX upgraded at Raymond James
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06:19 EDTSNXSYNNEX upgraded to Outperform from Market Perform at Raymond James
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September 17, 2014
16:02 EDTSNXSYNNEX enters three-year sponsorship with PGA Tour player Bill Haas
SYNNEX announced a three-year sponsorship agreement with PGA Tour standout Bill Haas. In addition to the SYNNEX logo appearing on Haas' apparel at PGA Tour events, SYNNEX continues as the presenting sponsor of the Bill Haas Charity Classic, Haas' annual Pro-Am tournament in Greenville that benefits local charitable organizations.

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