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Tech Data Corp (TECD.OQ)

TECD.OQ on NASDAQ Stock Exchange Global Select Market

96.99USD
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Tech Data Q2 non-gaap earnings per share $1.74
Thursday, 31 Aug 2017 04:10pm EDT 

Aug 31 (Reuters) - Tech Data Corp ::Tech Data Corporation reports second quarter fiscal year 2018 results.Q2 non-gaap earnings per share $1.74.Q2 earnings per share $1.24.Q2 sales $8.9 billion versus I/B/E/S view $8.75 billion.Q2 earnings per share view $2.06 -- Thomson Reuters I/B/E/S.Sees q3 2018 non-gaap earnings per share $1.84 to $2.04.Sees q3 2018 earnings per share $0.80 to $1.00.Sees q3 2018 sales $9.0 billion to $9.35 billion.Q3 earnings per share view $2.22, revenue view $8.66 billion -- Thomson Reuters I/B/E/S.Tech Data Corp - ‍ integration is progressing as planned and are on track to deliver co's synergy and debt reduction targets​.  Full Article

Tech Data signs distribution agreement for Propel Star Wars drones
Thursday, 31 Aug 2017 12:01pm EDT 

Aug 31 (Reuters) - Tech Data Corp ::‍Agreement with Propel to distribute their limited collector's edition Star Wars battle drones​.  Full Article

Tech Data Corp says amended and restated transfer and administration agreement dated as of May 19, 2000 - SEC Filing​
Thursday, 10 Aug 2017 04:44pm EDT 

Aug 10 (Reuters) - Tech Data Corp :Tech Data Corp - ‍on August 8, 2017 amended and restated transfer and administration agreement dated as of May 19, 2000 - SEC Filing​.Tech Data Corp - ‍original agreement was scheduled to expire on November 16, 2017​.Tech Data -access to upto $750 million in borrowings, pays interest on advances at designated commercial paper or libor-based rates plus agreed-upon margin​.  Full Article

Tech Data announces new leadership team for Canadian operations
Friday, 23 Jun 2017 08:01am EDT 

June 23 (Reuters) - Tech Data Corp :Tech data announces new leadership team for canadian operations.Tech data - ed galasso promoted to vice president and general manager, sales and product marketing, for commercial and retail business in canada​.  Full Article

Tech Data's technology solutions business is enhancing its Amazon Web Services offering
Wednesday, 14 Jun 2017 08:00am EDT 

June 14 (Reuters) - Tech Data Corp :Its technology solutions business is enhancing its Amazon Web Services (AWS) offering through its cloud marketplace.  Full Article

Tech Data Corp files for potential stock shelf
Friday, 2 Jun 2017 04:17pm EDT 

June 2 (Reuters) - Tech Data Corp : :Tech Data Corp files for potential stock shelf, size not disclosed .  Full Article

Tech Data Corp Q1 earnings per share $0.82
Thursday, 1 Jun 2017 06:00am EDT 

June 1 (Reuters) - Tech Data Corp :Tech Data Corporation reports first quarter fiscal year 2018 results.Q1 non-GAAP earnings per share $1.87.Q1 earnings per share $0.82.Q1 sales $7.7 billion versus I/B/E/S view $7.32 billion.Q1 earnings per share view $1.34 -- Thomson Reuters I/B/E/S.Sees Q2 2018 non-GAAP earnings per share $1.95 to $2.08.Sees Q2 2018 sales $8.55 billion to $8.8 billion.Q2 earnings per share view $2.09, revenue view $8.43 billion -- Thomson Reuters I/B/E/S.  Full Article

Tech Data Corp Says Steve Raymund to retire from board
Wednesday, 29 Mar 2017 04:15pm EDT 

Tech Data Corp :Tech Data Corp - Steve Raymund to retire from board of directors; Bob Dutkowsky to be named chairman.  Full Article

Tech Data Corp Q4 non-gaap earnings per share $2.45
Wednesday, 8 Mar 2017 06:00am EST 

Tech Data Corp : Tech Data corporation reports fourth quarter and fiscal year 2017 results . Q4 non-gaap earnings per share $2.45 . Q4 earnings per share $2.22 . Q4 sales $7.4 billion versus i/b/e/s view $7.5 billion . Q4 earnings per share view $2.17 -- Thomson Reuters I/B/E/S . Tech Data Corp- plans to provide financial guidance for combined company with its first-quarter fiscal year 2018 results . Tech Data Corp - company is not providing financial guidance for its q1 of fiscal year 2018 . Expects to incur one-time costs to achieve cost savings of about $150 million . Tech Data - expects technology solutions transaction to be significantly accretive to co's non-gaap earnings per share in first year after closing . Tech Data Corp- expects to realize $50 million of cost savings in first 12 months after closing of technology solutions transaction . Tech Data Corp- company expects to incur one-time costs to achieve cost savings of approximately $150 million .Tech Data Corp- expects to realize $100 million during second full year after closing of technology solutions transaction.  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-Tech Data says terminated agreements relating to synthetic lease arrangement with SunTrust Bank, SunTrust Equity Funding ​- SEC filing

* Tech Data Corp - ‍on Oct 25, co terminated agreements relating to synthetic lease arrangement with SunTrust Bank, SunTrust Equity Funding​ - SEC filing