Brean Capital Raises Price Target on Arrow Electronics (ARW) Following 1Q

Paul J. Reilly to Retire from Arrow Electronics, Inc.

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today announced that Chris Stansbury has been named senior vice president and chief financial officer, effective immediately. He will succeed Paul J. Reilly who is retiring from Arrow effective Jan. 31, 2017.

In his new role, Mr. Stansbury will report to Michael J. Long, chairman, president and chief executive officer.

Mr. Stansbury has served for over 20 years in roles of... More

Arrow Electronics Reports Record First-Quarter 2016 Sales and Non-GAAP Earnings Per Share

First-Quarter 2016 Non-GAAP Earnings Per Share of $1.43
Trailing 12-Month Cash Flow from Operations of $860 Million

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today reported first-quarter 2016 net income of $106.2 million, or $1.14 per share on a diluted basis, compared with net income of $106.1 million, or $1.09 per share on a diluted basis, in the first quarter of 2015. Excluding certain items1, net income would have been $132.2 million, or $1.43 per share on a diluted basis, in the first quarter of 2016, compared with net income of $127.8 million, or $1.32 per share on a diluted basis, in the... More

Arrow Electronics Accelerates Hybrid Cloud Growth through Microsoft Cloud Solution Provider Program

CENTENNIAL, Colo.--(BUSINESS WIRE)-- Arrow Electronics, Inc. (NYSE: ARW) today announced its participation in the Microsoft Cloud Solution Provider Program, which is designed to strengthen customer relationships and expand cloud sales opportunities.

Arrow will leverage its global base of value-added resellers and managed service providers to sell Microsoft Azure, Office 365,... More