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Avnet Inc (AVT)

AVT on New York Consolidated

38.68USD
21 Sep 2017
Change (% chg)

$-0.11 (-0.28%)
Prev Close
$38.79
Open
$38.80
Day's High
$38.80
Day's Low
$38.56
Volume
174,927
Avg. Vol
1,100,297
52-wk High
$51.50
52-wk Low
$35.67

Latest Key Developments (Source: Significant Developments)

Avnet Inc says ‍signed distribution agreement with Opulent Americas Inc​
Monday, 11 Sep 2017 11:00am EDT 

Sept 11 (Reuters) - Avnet Inc :Says announces ‍signing of a distribution agreement with Opulent Americas Inc​.  Full Article

Avnet, TD next deal extends franchise exclusive into Americas
Wednesday, 30 Aug 2017 11:00am EDT 

Aug 30 (Reuters) - Avnet Inc :Avnet, TD next deal extends franchise exclusive into the Americas.‍Signed an agreement expanding Avnet's current franchise exclusive in EMEA to include Americas​.  Full Article

Avnet appoints Ken Jacobson interim CFO
Wednesday, 9 Aug 2017 08:45am EDT 

Aug 9 (Reuters) - Avnet Inc :Avnet announces plan for chief financial officer transition.Says Ken Jacobson appointed interim CFO.‍Is initiating a full search process for new CFO immediately where both internal and external candidates will be considered​.Avnet Inc - ‍Kevin Moriarty, company's chief financial officer notified company of his decision to step down​.  Full Article

Avnet Inc Q4 sales $4.6 billion
Wednesday, 9 Aug 2017 06:45am EDT 

Aug 9 (Reuters) - Avnet Inc :Avnet reports fourth quarter and fiscal year 2017 results.Q4 adjusted earnings per share $0.84 from continuing operations.Q4 earnings per share $0.59 from continuing operations.Q4 sales $4.6 billion versus I/B/E/S view $4.49 billion.Sees Q1 2018 adjusted earnings per share $0.67 to $0.77.Sees Q1 2018 sales $4.15 billion to $4.45 billion.Q4 earnings per share view $0.77 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $3.23 -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.  Full Article

Avnet announced a distribution agreement in Americas with Mikroelektronika
Wednesday, 26 Jul 2017 11:00am EDT 

July 26 (Reuters) - Avnet Inc :Announced a distribution agreement in Americas with Mikroelektronika.  Full Article

Avnet sees Q4 2017 sales $4.35 bln to $4.65 bln
Thursday, 27 Apr 2017 06:45am EDT 

April 27 (Reuters) - Avnet Inc ::Avnet reports third quarter fiscal year 2017 results.Sees fy 2018 adjusted earnings per share $3.00 to $3.50 from continuing operations.Sees q4 2017 adjusted earnings per share $0.72 to $0.82 from continuing operations.Q3 earnings per share $0.69 from continuing operations.Sees Q4 2017 sales $4.35 billion to $4.65 billion.Sees FY 2018 sales $17.3 billion to $17.7 billion.Q3 adjusted earnings per share $0.88 from continuing operations.Qtrly sales $4,441.9 million versus $4,082.0 million.Q3 earnings per share view $0.86, revenue view $4.46 billion -- Thomson Reuters I/B/E/S.Avnet -preliminary outlook for adjusted EPS from continuing operations expected to be in range of $3.00 to $3.50 per share fiscal 2018 ending on june 30, 2018.  Full Article

Avnet and Xilinx expand global channel relationship
Thursday, 20 Apr 2017 11:10am EDT 

April 20 (Reuters) - Avnet Inc :Avnet Inc -co, xilinx mutually renew primary global channel relationship, deal to widen distribution of Xilinx's all programmable products.  Full Article

Avnet expands interconnect and power portfolio with Bel Fuse franchise agreement
Wednesday, 19 Apr 2017 11:51am EDT 

April 19 (Reuters) - Avnet Inc ::Expands interconnect and power portfolio with new global Bel Fuse franchise agreement.  Full Article

Avnet expands share repurchase program by $500 mln; raises dividend by 5.9 pct
Tuesday, 28 Feb 2017 07:00am EST 

Avnet Inc : Avnet expands share repurchase program by $500 million; increases dividend by 5.9% . Avnet Inc says board of directors approved a 5.9% increase in quarterly cash dividend to $0.18 per share .Avnet Inc - now has $675 million available for share repurchases when combined with prior authorizations.  Full Article

TECH DATA EXPECTS ACQUISITION OF AVNET’S TECHNOLOGY SOLUTIONS BUSINESS TO CLOSE BY END OF FEB
Friday, 17 Feb 2017 12:00pm EST 

Tech Data Corp : TECH DATA CORPORATION ANNOUNCES EXPECTED CLOSING DATE FOR ACQUISITION OF AVNET’S TECHNOLOGY SOLUTIONS BUSINESS .SUBJECT TO RECEIPT OF FINAL REGULATORY APPROVALS, PARTICULARLY EUROPEAN COMMISSION, ACQUISITION COULD CLOSE BY END OF FEBRUARY 2017.  Full Article

BRIEF-Espey MFG and Electronics reports Q4 earnings per share $0.08

* Espey reports fourth quarter and year-end results and announces regular dividend