Avnet Inc (AVT) 39.95 $AVT
Fitch: Avnet's Ratings Unaffected by Potential Premier Farnell Acquisition
BusinessWire - Tue Aug 02, 9:33AM CDT
Avnet, Inc.'s (Avnet) 'BBB-' Issuer Default Rating (IDR) is not affected by the company's announced offer to acquire Premier Farnell plc (Premier Farnell), according to Fitch Ratings. Avnet currently has approximately $2.3 billion of debt outstanding as of April 2, 2016.
AVT: 39.95 (-1.07)
Avnet Expands Global Franchise with Cypress to Include Newly Acquired IOT Products
BusinessWire - Tue Aug 02, 6:00AM CDT
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced the expansion of its global franchise agreement with Cypress Semiconductor Corp. to include the portfolio of their recently acquired wireless Internet of Things (IOT) products.
AVT: 39.95 (-1.07)
Avnet, Inc. Updates Start Time of Fourth Quarter and Fiscal Year 2016 Earnings Webcast
BusinessWire - Mon Aug 01, 6:00AM CDT
Avnet, Inc. (NYSE:AVT), a global technology distributor, announced today that its fourth quarter fiscal year 2016 earnings webcast on Wednesday, August 10, 2016, is now scheduled to begin at 11:00 a.m. Eastern, 10:00 a.m. Central, 9:00 a.m. Mountain and 8:00 a.m. Pacific time (Arizona time) as compared to the previously announced start time of 2:00 p.m. Eastern time. Avnet will issue a press release outlining its financial results at approximately 7:00 a.m. Eastern time.
AVT: 39.95 (-1.07)
Avnet Extends Cash Offer to Acquire Premier Farnell plc
BusinessWire - Thu Jul 28, 1:12AM CDT
Avnet, Inc. (NYSE:AVT) announced today that it has reached agreement with the Board of Directors of Premier Farnell plc ("Premier Farnell"
on the terms of a recommended offer for Premier Farnell by Avnet or one of its wholly-owned subsidiaries. The all-cash offer of £1.85 per share represents an equity value of approximately £691 million and a 12.1% premium over the previous offer of £1.65 per share by Datwyler Technical Components UK Limited. Headquartered in Leeds, United Kingdom, Premier Farnell is a global distributor of electronic components and related products delivering engineering solutions to the electronic system design community utilizing multi-channel sales and marketing resources. The transaction is intended to be effected by means of an English court-sanctioned scheme of arrangement and is subject to satisfaction or waiver of several conditions, including the approval of Premier Farnell shareholders and the court, receipt of regulatory approvals in the European Union, United States and Israel, and other customary conditions.
AVT: 39.95 (-1.07)
Avnet Enhances Solutions Specialist Support for Channel Ecosystem Worldwide
JCN Newswire - Wed Jul 27, 8:00PM CDT
AVT: 39.95 (-1.07)
New Edition of Supply Chain Navigator Features Q&A with Schneider Electric North America CEO Annette Clayton
BusinessWire - Wed Jul 27, 10:00AM CDT
The Olympics' loss is supply chain's gain. This is the conclusion readers will come to after reading the exclusive interview with Annette Clayton, CEO and President, Schneider Electric North America Operations in the July 2016 issue of Supply Chain Navigator, released today by Avnet, Inc. (NYSE: AVT), a leading global technology distributor.
AVT: 39.95 (-1.07)
Dialog Semiconductor Plc.: Dialog Semiconductor Takes Distribution Agreement Global with Avnet (news with additional features)
BusinessWire - Mon Jul 18, 11:37PM CDT
Dialog Semiconductor plc(FWB
LG), a provider of highly integrated power management, AC/DC power conversion, solid state lighting (SSL) and Bluetooth(R) low energy technology, today announced that it has expanded its current distribution agreement with Avnet, Inc. (NYSE: AVT), a leading global technology distributor, to include the Americas, EMEA, and Japan regions. Dialog Semiconductor had previously franchised Avnet in China.
AVT: 39.95 (-1.07)
Telecom Stock Roundup: Wireless Carriers Prepared for Election Conventions, Verizon Offers New Data Plan
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 9:39AM CDT
It was an eventful last week for the telecom industry.
T: 43.16 (-0.02), AMX: 11.53 (-0.02), FTR: 4.85 (-0.23), LBTYA: 31.43 (-0.61), AVT: 39.95 (-1.07), S: 5.96 (-0.16), CHTR: 235.79 (-0.21), QCOM: 60.60 (-1.25), TEF: 9.46 (-0.25), TMUS: 46.81 (-0.26), VZ: 54.00 (-0.50), PLCM: 12.40 (unch), CSCO: 30.62 (-0.11)
AT&T Forges Ahead with IoT Plans, Launches Starter Kit
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 7:55AM CDT
AT&T Inc. (T), the U.S. telecom giant, is set to launch an all-in-one Internet of Things (IoT) Starter Kit in association with Cisco Systems, Inc. (CSCO) and Avnet Inc. (AVT), to help developers initiate their Internet of Things (IoT) projects.
T: 43.16 (-0.02), IBM: 160.58 (-0.87), AVT: 39.95 (-1.07), MSFT: 56.58 (unch), CSCO: 30.62 (-0.11)
AT&T Unveils New IoT Starter Kit for Developers
PR Newswire - Tue Jul 12, 3:52PM CDT
AT&T* is introducing an all-in-one IoT Starter Kit to help developers jumpstart their Internet of Things (IoT) projects. The AT&T IoT Starter Kit provides all the tools needed for IoT innovation, including connectivity, LTE hardware, application services, cloud storage and more.
T: 43.16 (-0.02), AVT: 39.95 (-1.07)
SimpliVity Signs Distributor Agreement with Avnet to Deliver Hyperconverged Infrastructure in the US and Latin America
BusinessWire - Mon Jul 11, 7:30AM CDT
SimpliVity, a leader in hyperconverged infrastructure that's revolutionizing enterprise IT, and Avnet, a leading global technology distributor, today announced an agreement to deliver world-class hyperconverged infrastructure solutions to resellers and their customers in the United States and Latin America. Specifically, SimpliVity's OmniStack Integrated Solutions with Cisco UCS will be available through Avnet in the United States and both OmniStack Integrated Solutions with Lenovo System x and OmniStack for Cisco UCS will be available in Latin America.
AVT: 39.95 (-1.07)
Avnet Names William Amelio Interim CEO
BusinessWire - Mon Jul 11, 6:00AM CDT
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that William ("Bill" J. Amelio, a member of Avnet's Board of Directors, has been named as interim Chief Executive Officer of the company, effective immediately. Mr. Amelio brings more than 35 years of management and industry experience to his new role having served in senior positions at global publicly traded companies, and has spent most of his career managing global technology enterprises. Mr. Amelio is replacing Rick Hamada, who is stepping down from his position at the company and on the Board of Directors.
AVT: 39.95 (-1.07)
Nominations Now Open for the 2016 Governor's Celebration of Innovation Awards Presented by Avnet
BusinessWire - Wed Jun 22, 11:26AM CDT
The Arizona Technology Council and the Arizona Commerce Authority today announced that nominations are now open for the 2016 Governor's Celebration of Innovation Awards (GCOI) presented by Avnet and will be accepted until 5 p.m. MST on Friday, July 15, 2016. Businesses, academia and non-profit organizations working in Arizona's technology sector that are utilizing innovative technology solutions to address critical challenges are encouraged to apply for these independently judged awards.
AVT: 39.95 (-1.07)
Penton and Avnet Launch "It's an IoT World" University Digital Education Center
PR Newswire - Thu Jun 16, 4:28PM CDT
Penton and Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today launched "It's an IoT World" University, a first-of-its-kind digital education center that offers real-world learning solutions covering the spectrum of the Internet of Things (IoT).
IBM: 160.58 (-0.87), AVT: 39.95 (-1.07), TXN: 68.85 (-1.03)
Compliance Risk Concepts Enters Mobile Space with Launch of Hotline App
PR Newswire - Mon Jun 13, 6:00AM CDT
Compliance Risk Concepts ("CRC" launches new mobile app for financial service organizations. The CRC Hotline app offers on-the-go answers from industry experts regarding ongoing and onerous regulatory compliance issues. It connects Compliance Officers, CEOs of independent broker-dealers, Managing Partners of independent investment advisers, Chief Financial Officers ("CFOs", Chief Operating Officers ("COOs", Chief Risk Officers ("CROs", insurance underwriters and private equity firms with the real-time compliance resources they need, when they need it most.
AVT: 39.95 (-1.07)
Arrow Electronics Attains New 52-Week High: Here is Why
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 10:09AM CDT
Shares of electronic component distributor Arrow Electronics (ARW) scaled a new 52-week high of $67.99 on Jun 8.
ARW: 63.10 (-3.53), AXE: 56.97 (-2.49), IM: 34.06 (-0.41), AVT: 39.95 (-1.07)
Avnet Introduces New Offerings to Accelerate Partner Opportunities in DevOps and Agile Development Environments
BusinessWire - Thu Jun 09, 10:00AM CDT
HPE Discover 2016 - Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that it is one of the first Hewlett Packard Enterprise (HPE) distributors to offer a comprehensive services portfolio to accelerate the success of partners in selling and implementing Composable Infrastructure. Based on Avnet's unique domain expertise in DevOps and Agile development, it will now offer resources, tools and services to support its U.S. and Canada partners' sales efforts to customers operating in DevOps and Agile development environments. These offerings will help partners accelerate the sales of HPE Synergy for Composable Infrastructure, and future-proof investments with open-source automation and DevOps tools.
AVT: 39.95 (-1.07), HPE: 20.77 (-0.31)
New Veeam Availability Solution for HPE Allows Easy and Quick Replacement of Legacy Backup for Small and Midsize Businesses
BusinessWire - Thu Jun 09, 6:15AM CDT
Veeam(R) Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise(TM), today announced Veeam Availability Solution for HPE StoreOnce, a hardware and software solution that combines Hewlett Packard Enterprise (HPE) and Veeam technologies to deliver Availability for small and midsize enterprises (SMBs). This new offering radically reduces operational and capital costs (OpEx and CapEx) by harnessing best-in-class hardware and software in a pre-configured, pre-qualified, out-of-the-box solution, which IT departments can quickly deploy to ensure enterprise-class availability of critical data and applications.
AVT: 39.95 (-1.07), HPE: 20.77 (-0.31)
Avnet Expands Relationship with Hitachi Data Systems into Latin America
BusinessWire - Wed Jun 08, 10:00AM CDT
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, and Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd., have expanded their distribution agreement to include Latin America. Building upon Avnet's existing relationship with HDS in North America, Asia Pacific, and Europe, Avnet will now offer HDS solutions in three Latin America countries - Argentina, Colombia and Mexico - with HDS choosing Avnet as its sole distributor for Argentina.
AVT: 39.95 (-1.07)
Premarket Research Report Covering the Electronics Retail and Wholesale Industry
ACCESSWIRE - Wed Jun 08, 8:16AM CDT
LONDON, UK / ACCESSWIRE / June 8, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the services sector. Companies recently under review include Best Buy, GameStop, Avnet, and Conns. Register with us now for your free membership and see our complete reports on these equities at:
AVT: 39.95 (-1.07), GME: 29.24 (-1.11), CONN: 6.66 (-0.30), BBY: 32.86 (-0.61)
Fitch: Avnet's Ratings Unaffected by Potential Premier Farnell Acquisition
BusinessWire - Tue Aug 02, 9:33AM CDT
Avnet, Inc.'s (Avnet) 'BBB-' Issuer Default Rating (IDR) is not affected by the company's announced offer to acquire Premier Farnell plc (Premier Farnell), according to Fitch Ratings. Avnet currently has approximately $2.3 billion of debt outstanding as of April 2, 2016.
AVT: 39.95 (-1.07)
Avnet Expands Global Franchise with Cypress to Include Newly Acquired IOT Products
BusinessWire - Tue Aug 02, 6:00AM CDT
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced the expansion of its global franchise agreement with Cypress Semiconductor Corp. to include the portfolio of their recently acquired wireless Internet of Things (IOT) products.
AVT: 39.95 (-1.07)
Avnet, Inc. Updates Start Time of Fourth Quarter and Fiscal Year 2016 Earnings Webcast
BusinessWire - Mon Aug 01, 6:00AM CDT
Avnet, Inc. (NYSE:AVT), a global technology distributor, announced today that its fourth quarter fiscal year 2016 earnings webcast on Wednesday, August 10, 2016, is now scheduled to begin at 11:00 a.m. Eastern, 10:00 a.m. Central, 9:00 a.m. Mountain and 8:00 a.m. Pacific time (Arizona time) as compared to the previously announced start time of 2:00 p.m. Eastern time. Avnet will issue a press release outlining its financial results at approximately 7:00 a.m. Eastern time.
AVT: 39.95 (-1.07)
Avnet Extends Cash Offer to Acquire Premier Farnell plc
BusinessWire - Thu Jul 28, 1:12AM CDT
Avnet, Inc. (NYSE:AVT) announced today that it has reached agreement with the Board of Directors of Premier Farnell plc ("Premier Farnell"
on the terms of a recommended offer for Premier Farnell by Avnet or one of its wholly-owned subsidiaries. The all-cash offer of £1.85 per share represents an equity value of approximately £691 million and a 12.1% premium over the previous offer of £1.65 per share by Datwyler Technical Components UK Limited. Headquartered in Leeds, United Kingdom, Premier Farnell is a global distributor of electronic components and related products delivering engineering solutions to the electronic system design community utilizing multi-channel sales and marketing resources. The transaction is intended to be effected by means of an English court-sanctioned scheme of arrangement and is subject to satisfaction or waiver of several conditions, including the approval of Premier Farnell shareholders and the court, receipt of regulatory approvals in the European Union, United States and Israel, and other customary conditions. AVT: 39.95 (-1.07)
Avnet Enhances Solutions Specialist Support for Channel Ecosystem Worldwide
JCN Newswire - Wed Jul 27, 8:00PM CDT
AVT: 39.95 (-1.07)
New Edition of Supply Chain Navigator Features Q&A with Schneider Electric North America CEO Annette Clayton
BusinessWire - Wed Jul 27, 10:00AM CDT
The Olympics' loss is supply chain's gain. This is the conclusion readers will come to after reading the exclusive interview with Annette Clayton, CEO and President, Schneider Electric North America Operations in the July 2016 issue of Supply Chain Navigator, released today by Avnet, Inc. (NYSE: AVT), a leading global technology distributor.
AVT: 39.95 (-1.07)
Dialog Semiconductor Plc.: Dialog Semiconductor Takes Distribution Agreement Global with Avnet (news with additional features)
BusinessWire - Mon Jul 18, 11:37PM CDT
Dialog Semiconductor plc(FWB
LG), a provider of highly integrated power management, AC/DC power conversion, solid state lighting (SSL) and Bluetooth(R) low energy technology, today announced that it has expanded its current distribution agreement with Avnet, Inc. (NYSE: AVT), a leading global technology distributor, to include the Americas, EMEA, and Japan regions. Dialog Semiconductor had previously franchised Avnet in China. AVT: 39.95 (-1.07)
Telecom Stock Roundup: Wireless Carriers Prepared for Election Conventions, Verizon Offers New Data Plan
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 9:39AM CDT
It was an eventful last week for the telecom industry.
T: 43.16 (-0.02), AMX: 11.53 (-0.02), FTR: 4.85 (-0.23), LBTYA: 31.43 (-0.61), AVT: 39.95 (-1.07), S: 5.96 (-0.16), CHTR: 235.79 (-0.21), QCOM: 60.60 (-1.25), TEF: 9.46 (-0.25), TMUS: 46.81 (-0.26), VZ: 54.00 (-0.50), PLCM: 12.40 (unch), CSCO: 30.62 (-0.11)
AT&T Forges Ahead with IoT Plans, Launches Starter Kit
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 7:55AM CDT
AT&T Inc. (T), the U.S. telecom giant, is set to launch an all-in-one Internet of Things (IoT) Starter Kit in association with Cisco Systems, Inc. (CSCO) and Avnet Inc. (AVT), to help developers initiate their Internet of Things (IoT) projects.
T: 43.16 (-0.02), IBM: 160.58 (-0.87), AVT: 39.95 (-1.07), MSFT: 56.58 (unch), CSCO: 30.62 (-0.11)
AT&T Unveils New IoT Starter Kit for Developers
PR Newswire - Tue Jul 12, 3:52PM CDT
AT&T* is introducing an all-in-one IoT Starter Kit to help developers jumpstart their Internet of Things (IoT) projects. The AT&T IoT Starter Kit provides all the tools needed for IoT innovation, including connectivity, LTE hardware, application services, cloud storage and more.
T: 43.16 (-0.02), AVT: 39.95 (-1.07)
SimpliVity Signs Distributor Agreement with Avnet to Deliver Hyperconverged Infrastructure in the US and Latin America
BusinessWire - Mon Jul 11, 7:30AM CDT
SimpliVity, a leader in hyperconverged infrastructure that's revolutionizing enterprise IT, and Avnet, a leading global technology distributor, today announced an agreement to deliver world-class hyperconverged infrastructure solutions to resellers and their customers in the United States and Latin America. Specifically, SimpliVity's OmniStack Integrated Solutions with Cisco UCS will be available through Avnet in the United States and both OmniStack Integrated Solutions with Lenovo System x and OmniStack for Cisco UCS will be available in Latin America.
AVT: 39.95 (-1.07)
Avnet Names William Amelio Interim CEO
BusinessWire - Mon Jul 11, 6:00AM CDT
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that William ("Bill"
J. Amelio, a member of Avnet's Board of Directors, has been named as interim Chief Executive Officer of the company, effective immediately. Mr. Amelio brings more than 35 years of management and industry experience to his new role having served in senior positions at global publicly traded companies, and has spent most of his career managing global technology enterprises. Mr. Amelio is replacing Rick Hamada, who is stepping down from his position at the company and on the Board of Directors. AVT: 39.95 (-1.07)
Nominations Now Open for the 2016 Governor's Celebration of Innovation Awards Presented by Avnet
BusinessWire - Wed Jun 22, 11:26AM CDT
The Arizona Technology Council and the Arizona Commerce Authority today announced that nominations are now open for the 2016 Governor's Celebration of Innovation Awards (GCOI) presented by Avnet and will be accepted until 5 p.m. MST on Friday, July 15, 2016. Businesses, academia and non-profit organizations working in Arizona's technology sector that are utilizing innovative technology solutions to address critical challenges are encouraged to apply for these independently judged awards.
AVT: 39.95 (-1.07)
Penton and Avnet Launch "It's an IoT World" University Digital Education Center
PR Newswire - Thu Jun 16, 4:28PM CDT
Penton and Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today launched "It's an IoT World" University, a first-of-its-kind digital education center that offers real-world learning solutions covering the spectrum of the Internet of Things (IoT).
IBM: 160.58 (-0.87), AVT: 39.95 (-1.07), TXN: 68.85 (-1.03)
Compliance Risk Concepts Enters Mobile Space with Launch of Hotline App
PR Newswire - Mon Jun 13, 6:00AM CDT
Compliance Risk Concepts ("CRC"
launches new mobile app for financial service organizations. The CRC Hotline app offers on-the-go answers from industry experts regarding ongoing and onerous regulatory compliance issues. It connects Compliance Officers, CEOs of independent broker-dealers, Managing Partners of independent investment advisers, Chief Financial Officers ("CFOs", Chief Operating Officers ("COOs", Chief Risk Officers ("CROs", insurance underwriters and private equity firms with the real-time compliance resources they need, when they need it most. AVT: 39.95 (-1.07)
Arrow Electronics Attains New 52-Week High: Here is Why
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 10:09AM CDT
Shares of electronic component distributor Arrow Electronics (ARW) scaled a new 52-week high of $67.99 on Jun 8.
ARW: 63.10 (-3.53), AXE: 56.97 (-2.49), IM: 34.06 (-0.41), AVT: 39.95 (-1.07)
Avnet Introduces New Offerings to Accelerate Partner Opportunities in DevOps and Agile Development Environments
BusinessWire - Thu Jun 09, 10:00AM CDT
HPE Discover 2016 - Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced today that it is one of the first Hewlett Packard Enterprise (HPE) distributors to offer a comprehensive services portfolio to accelerate the success of partners in selling and implementing Composable Infrastructure. Based on Avnet's unique domain expertise in DevOps and Agile development, it will now offer resources, tools and services to support its U.S. and Canada partners' sales efforts to customers operating in DevOps and Agile development environments. These offerings will help partners accelerate the sales of HPE Synergy for Composable Infrastructure, and future-proof investments with open-source automation and DevOps tools.
AVT: 39.95 (-1.07), HPE: 20.77 (-0.31)
New Veeam Availability Solution for HPE Allows Easy and Quick Replacement of Legacy Backup for Small and Midsize Businesses
BusinessWire - Thu Jun 09, 6:15AM CDT
Veeam(R) Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise(TM), today announced Veeam Availability Solution for HPE StoreOnce, a hardware and software solution that combines Hewlett Packard Enterprise (HPE) and Veeam technologies to deliver Availability for small and midsize enterprises (SMBs). This new offering radically reduces operational and capital costs (OpEx and CapEx) by harnessing best-in-class hardware and software in a pre-configured, pre-qualified, out-of-the-box solution, which IT departments can quickly deploy to ensure enterprise-class availability of critical data and applications.
AVT: 39.95 (-1.07), HPE: 20.77 (-0.31)
Avnet Expands Relationship with Hitachi Data Systems into Latin America
BusinessWire - Wed Jun 08, 10:00AM CDT
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, and Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd., have expanded their distribution agreement to include Latin America. Building upon Avnet's existing relationship with HDS in North America, Asia Pacific, and Europe, Avnet will now offer HDS solutions in three Latin America countries - Argentina, Colombia and Mexico - with HDS choosing Avnet as its sole distributor for Argentina.
AVT: 39.95 (-1.07)
Premarket Research Report Covering the Electronics Retail and Wholesale Industry
ACCESSWIRE - Wed Jun 08, 8:16AM CDT
LONDON, UK / ACCESSWIRE / June 8, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the services sector. Companies recently under review include Best Buy, GameStop, Avnet, and Conns. Register with us now for your free membership and see our complete reports on these equities at:
AVT: 39.95 (-1.07), GME: 29.24 (-1.11), CONN: 6.66 (-0.30), BBY: 32.86 (-0.61)
