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Arrow Electronics Inc (ARW)

ARW on New York Consolidated

70.50USD
28 Apr 2017
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Wed, Apr 12 2017

Fitch Affirms Arrow's IDR at 'BBB-'; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, April 12 (Fitch) Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Arrow Electronics, Inc. (Arrow) at 'BBB-'. The Rating Outlook remains Stable. A full list of ratings follows at the end of this release. As of Dec. 31, 2016, Arrow had approximately $2.8 billion of debt outstanding. The ratings are supported by Arrow's market leadership and scale, diversified supplier and customer base, modest leverage, and solid FCF

Israel to declare air defense shield fully operational: officer

JERUSALEM Israel's multi-tier air defense missile system will be fully operational early next month with the deployment of the David's Sling interceptor, a senior Israeli air force officer said on Monday.

BRIEF-Arrow Electronics Inc Q4 earnings per share $2.00 excluding items

* Arrow Electronics reports fourth-quarter and year-end 2016 results

BRIEF-Arrow electronics and CUI Inc enter into worldwide distribution agreement

* Arrow electronics and CUI Global, Inc.'s wholly-owned subsidiary, CUI Inc., enter into worldwide distribution agreement

BRIEF-Arrow electronics sees Q4 2016 earnings per share $1.68 to $1.84

* Fy2016 earnings per share view $6.67 -- Thomson Reuters I/B/E/S

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