Recent Articles
-
Ingram Micro Posts Higher Earnings
LOS ANGELES, April 24 (Reuters)—Ingram Micro Inc (IM.N: Quote, Profile, Research) posted higher profits on Thursday, but said it was restructuring operations Europe, Middle East and Africa to generate about $18 million to $24 million in annual savings. Ingram Micro said higher revenues and the positive impact of stronger foreign currency translations, helped first-quarter results,…
-
Server Sales Drop at Avnet
Weak server sales hurt Avnet’s earnings per share in the third quarter, as CIOs postponed big projects in the current uncertain economic environment, according to executives at the distribution giant. "Our enterprise server revenue in the Americas and EMEA [Europe, the Middle East and Africa] was far less than we anticipated," John Paget, global president…
-
Avnet Profit Inches Upward
NEW YORK, April 24 (Reuters) – Electronics distributor Avnet Inc posted a small rise in quarterly net profit on Thursday, a week after it warned investors that earnings would be well below earlier targets. Third-quarter net income rose to $107.2 million, or 71 cents per share, from $105.2 million, or 70 cents per share,…
-
Hospital Uses Technology to Attract Talent
Englewood Hospital and Medical Center is increasing its ability to recruit and hire top physicians and slash administrative costs by implementing a secure, paperless enterprise document signing and management solution from IntelliSafe Technologies. With five other hospitals within 25 miles, Englewood was looking for a competitive advantage when hiring new physicians, said Gary Wilhelm, the…
-
Arrow Revenue Below Expectations
April 23 (Reuters) – Arrow Electronics Inc posted a quarterly profit that lagged market estimates, hurt by the sluggish performance of its enterprise computing solutions (ECS) business, and forecast weak second-quarter results, sending its shares down 8 percent to a new 52-week low. The electronic parts and computer hardware distributor reported first-quarter earnings of $85.9…
-
Sepaton Unveils Partner Program
Sepaton has unveiled a revamped partner program aimed at helping VARs take advantage of the burgeoning virtual tape library market. The company has had a channel program since it was founded five years ago but has now revamped the program and unveiled new education services, tiering and broader marketing support, according to Jay Livens,…