NYSE:AVT
$33.46
- 0.27
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May 24, 2013
4:11 PM ET |
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Avnet, Inc. to Record Non-Cash Goodwill Impairment Charge
Feb 5, 2009
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PHOENIX, Feb 05, 2009 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that it will record a non-cash
goodwill and intangible asset impairment charge for the quarter ended
December 27, 2008. As the Company noted in its quarterly earnings press
release on January 22, 2009, the decline of the Company's stock price
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Avnet, Inc. Reports Second Quarter Fiscal Year 2009 Results
Jan 22, 2009
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PHOENIX, Jan 22, 2009 (BUSINESS WIRE) -- Avnet,
Inc. (NYSE:AVT) today reported revenue of $4.27 billion for second
quarter fiscal 2009 ended December 27, 2008, representing a decrease of
10.2% over second quarter fiscal 2008 and 6.4% excluding the impact of
changes in foreign currency exchange rates. On a pro forma (...
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Avnet, Inc. Acquires ABACUS GROUP PLC
Jan 20, 2009
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PHOENIX, Jan 20, 2009 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today through its wholly-owned
subsidiary, Electron House (Overseas) Limited, that its offer for Abacus
Group Plc (Abacus) has been declared unconditional in all respects. As
had been previously announced, all shareholders of Abacus will receive
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Avnet Names Philip Gallagher Avnet Technology Solutions Global President
Jan 19, 2009
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PHOENIX, Jan 19, 2009 (BUSINESS WIRE) -- Avnet, Inc., (NYSE:AVT) a leading value added global technology
distributor, today announced that it has promoted Philip Gallagher to
serve as global president for Avnet Technology Solutions, one of two
global operating groups within Avnet. Gallagher will be responsible for
th...
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Avnet, Inc. to Present at the Thomas Weisel Partners Technology & Telecom Conference 2009 and the Raymond James' 30th Annual Institutional Investors Conference
Jan 13, 2009
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PHOENIX, Jan 13, 2009 (BUSINESS WIRE) -- Avnet, Inc. (NYSE: AVT) today announced that the Company is scheduled to
present at two technology conferences during the months of February and
March.
Roy Vallee, Avnet's chairman and chief executive officer, will be
presenting at the Thomas Weisel Partners Technology & Telecom Conf...
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Avnet, Inc. Schedules Second Quarter Fiscal Year 2009 Earnings Announcement
Jan 7, 2009
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PHOENIX, Jan 07, 2009 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that its second quarter fiscal
year 2009 earnings announcement is scheduled to be webcast live via the
Internet at www.ir.avnet.com on
Thursday, January 22, 2009. Avnet will issue a press release outlining
its financial results followed b...
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Avnet Enters IT Distribution Business in Turkey through Joint Venture
Dec 19, 2008
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PHOENIX, Dec 19, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE: AVT) announced today that it has entered into a joint
venture agreement with Sanko Holding Group in Turkey. Under the terms of
the agreement, Avnet will acquire a 50.01 percent interest of the joint
venture, which will include the operations of Akora Technology and ...
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Avnet, Inc. to Present at Credit Suisse 2008 Annual Technology Conference
Dec 4, 2008
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PHOENIX, Dec 04, 2008 (BUSINESS WIRE) -- Avnet, Inc.'s (NYSE:AVT) chairman and chief executive officer Roy Vallee
will present at Credit Suisse's 2008 Annual Technology Conference in
Scottsdale, Arizona this morning at 11:00 a.m. Mountain Standard Time.
During his presentation, Vallee will discuss current market conditions
...
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Avnet's Analyst Day to Be Held in New York on December 16, 2008
Dec 2, 2008
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PHOENIX, Dec 02, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced it will host its 2008 Analyst Day
at The Crowne Plaza Times Square Hotel on Tuesday, December 16, 2008
starting at 8:00 a.m. (Eastern) and concluding at 12:00 p.m., followed
by a luncheon from 12:00 to 1:30 p.m. Presenting at the event will be
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Avnet Acquires Nippon Denso Industry Co., Ltd.
Dec 1, 2008
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PHOENIX & TOKYO, Nov 30, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that it has entered into an
agreement to acquire Nippon Denso Industry Co., Ltd. of Japan ("NDI")
through its subsidiary, Avnet Japan Co., Ltd. ("Avnet EM Japan"). NDI is
a Tokyo-based, value-added distributor of electronic components wit...
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Avnet, Inc. to Present at the Raymond James IT Supply Chain Conference and Credit Suisse Annual Technology Conference
Nov 11, 2008
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PHOENIX, Nov 11, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that the Company is scheduled to present at two technology conferences during the months of November and December.
Ray Sadowski, Avnet's chief financial officer, will be presenting at the Raymond James IT Supply Chain Conference to be held at the Sheraton New York H...
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Avnet, Inc. Reports First Quarter Fiscal Year 2009 Results
Oct 23, 2008
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PHOENIX, Oct 23, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported revenue of $4.49 billion for first quarter fiscal 2009 ended September 27, 2008, representing an increase of 9.7% over first quarter fiscal 2008 and 7.0% excluding the impact of changes in foreign currency exchange rates. Pro forma (organic) revenue growth, as defined in...
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Avnet Announces Offer to Acquire ABACUS GROUP PLC
Oct 10, 2008
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PHOENIX, Oct 10, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that it plans to acquire Abacus Group PLC (Abacus), through one of its wholly owned subsidiaries, in an all cash offer for GBP0.55 per share, which equates to an equity value of approximately GBP42.2 million ($73.0 million) and a transaction value of GBP105.1 million ($...
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Avnet, Inc. Schedules First Quarter Fiscal Year 2009 Earnings Announcement
Sep 23, 2008
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PHOENIX, Sep 23, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that its first quarter fiscal year 2009 earnings announcement is scheduled to be webcast live via the Internet at www.ir.avnet.com on Thursday, October 23, 2008. Avnet will issue a press release outlining its financial results followed by an interactive webcast at 2:00 ...
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Avnet's Chairman and Chief Executive Officer Adopts Rule 10b5-1 Trading Plan
Sep 5, 2008
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PHOENIX, Sep 05, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that Roy Vallee, its Chairman and Chief Executive Officer, has established a Rule 10b5-1 plan (the "Plan") to effect the orderly sale of a small portion of his holdings of Avnet common stock, including certain options from grants made in 1999 that will expire in Septemb...
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Avnet, Inc. to Present at the Citigroup 15th Annual Global Technology Conference and the Deutsche Bank 2008 Technology Conference
Aug 14, 2008
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PHOENIX, Aug 14, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE: AVT) today announced that the Company is scheduled to present at two technology conferences during the month of September.
Ray Sadowski, Avnet's chief financial officer, will be presenting at the Citigroup 15th Annual Global Technology Conference to be held at the Hilton New York Hotel...
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Avnet, Inc. Reports Fourth Quarter and Fiscal Year 2008 Results
Aug 6, 2008
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PHOENIX, Aug 06, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported revenue of $4.68 billion for fourth quarter fiscal 2008 ended June 28, 2008, representing an increase of 10.4% over fourth quarter fiscal 2007 and 5.4% excluding the impact of changes in foreign currency exchange rates. Pro forma (organic) revenue growth, as defined in t...
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Avnet, Inc. Completes Acquisition of Ontrack Solutions Pvt. Ltd.
Jul 31, 2008
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PHOENIX, Jul 31, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced it has completed its acquisition of Ontrack Solutions Pvt. Ltd. (Ontrack) of India. A Mumbai-based systems integrator established in 1993, Ontrack is known in the market as a leader in security, networking, consolidation, virtualization, storage and server solutions. On...
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Avnet, Inc. Names William P. Sullivan to Its Board of Directors
Jul 16, 2008
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PHOENIX, Jul 16, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that William P. Sullivan, president and chief executive officer of Agilent Technologies Inc., has been appointed to the company's board of directors.
"We are delighted to welcome Mr. Sullivan to the Avnet Board," commented Roy Vallee, Avnet's chairman and chief exec...
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Avnet, Inc. Schedules Fourth Quarter and Fiscal Yearend 2008 Earnings Announcement
Jul 1, 2008
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PHOENIX, Jul 01, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE: AVT) announced today that its fourth quarter and fiscal yearend 2008 earnings announcement is scheduled to be webcast live via the Internet at www.ir.avnet.com on Wednesday, August 6, 2008. Avnet will issue a press release outlining its financial results followed by an interactive webcast ...
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Contact Avnet today to learn more about one of the largest distributors of electronic components, computer products and embedded technology.
FORTUNE World’s Most Admired Companies is a registered trademark of Time Inc. and is used under license. From FORTUNE Magazine, March 18, 2013 ©2013 Time Inc. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Licensee.
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