Ingram Micro Inc (IM.N)
|Market Cap (Mil.):||$4,529.62|
|Shares Outstanding (Mil.):||155.60|
(The following statement was released by the rating agency) CHICAGO, July 16 (Fitch) Fitch Ratings affirms the ratings for Ingram Micro, Inc. (NYSE: IM) (Ingram Micro), including the long-term Issuer Default Rating (IDR) at 'BBB-'. Fitch's rating actions affect $1 billion of total debt as of March 29, 2014. The Rating Outlook is Stable. A full list of current ratings follows at the end of this press release. The ratings and Outlook reflect Fitch's expectations for stable operating performan
- Electronic products distributor Ingram Micro Inc posted a weaker-than-expected quarterly profit due to a rise in costs, sending its shares down 8 percent in extended trading.
* Shares fall 8 pct in extended trading (Adds details, shares)
April 23 - Electronic products distributor Ingram Micro Inc posted weaker-than-expected quarterly results due to a rise in costs and interest expenses, sending its shares down 8 percent in extended trading.
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March 24 - Cisco Systems Inc plans to offer cloud computing services, pledging to spend $1 billion over the next two years to enter a market currently led by the world's biggest online retailer Amazon.com Inc.
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Earnings vs. Estimates
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