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AVT

Avnet

$38.31

0.25 (0.66%)

08:48
08/09/17
08/09
08:48
08/09/17
08:48

Avnet CFO Kevin Moriarty to step down due to personal reasons

Avnet announced that Kevin Moriarty, the company's CFO for the past 4.5 years, has notified the company of his decision to step down from the position due to personal reasons, effective August 18. Ken Jacobson, the company's controller, has been named interim CFO. The company is initiating a full search process immediately where both internal and external candidates will be considered.

  • 09

    Aug

AVT Avnet
$38.31

0.25 (0.66%)

04/28/17
RHCO
04/28/17
DOWNGRADE
Target $39
RHCO
Hold
Avnet downgraded to Hold from Buy at SunTrust
SunTrust analyst William Stein downgraded Avnet to Hold from Buy and cut its price target to $39 from $53 following the 18% reduction in earnings guidance for FY18. The analyst said changes in supplier compensation are impacting margins and believes the trend could be structural and continue, creating further downside risk from here.
04/28/17
SBSH
04/28/17
NO CHANGE
Target $31
SBSH
Sell
Avnet price target lowered to $31 from $37 at Citi
Citi analyst Jim Suva cut his price target for Avnet to $31 and keeps a Sell rating on the name following the company's Q3 results. The analyst cites the lower than expected FY18 guidance and additional spend on ERP.
07/14/17
BOFA
07/14/17
DOWNGRADE
BOFA
Underperform
Avnet downgraded to Underperform from Neutral at BofA/Merrill
07/14/17
07/14/17
DOWNGRADE
Target $40

Underperform
Avnet downgraded to Underperform on missteps, vendor loss at BofA/Merrill
As previously reported, BofA/Merrill downgraded Avnet to Underperform from Neutral and cut its price target to $40 from $44. Analyst Param Singh said Avnet is still suffering from Enterprise Resource Planning implementation issues a year ago, has not benefited from recent shortages in passive components, and said it will take over a year to regain $1B in lost vendor revenue to a competitor.

TODAY'S FREE FLY STORIES

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RIC

Richmont Mines

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MGLN

Magellan Health

$83.65

0.35 (0.42%)

15:18
11/24/17
11/24
15:18
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Magellan Health to hold a conference call »

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  • 01

    Dec

SGMS

Scientific Games

$52.00

-0.2 (-0.38%)

15:17
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15:17
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15:17
Conference/Events
Scientific Games to host special shareholder meeting »

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$NSD

NASDAQ Market Internals

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Technical Analysis
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$NYE

NYSE Market Internals

15:16
11/24/17
11/24
15:16
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Technical Analysis
NYSE market internals summary »

Volume is below average…

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$NSD

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Technical Analysis
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Volume is above average…

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$NYE

NYSE Market Internals

14:16
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Technical Analysis
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Volume is below average…

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M

Macy's

$21.07

0.44 (2.13%)

, WMT

Wal-Mart

$96.62

0.21 (0.22%)

13:29
11/24/17
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General news
On The Fly: Top stock stories for Friday »

Stocks on Wall Street…

M

Macy's

$21.07

0.44 (2.13%)

WMT

Wal-Mart

$96.62

0.21 (0.22%)

TGT

Target

$55.88

-1.61 (-2.80%)

BASFY

BASF

$27.39

-0.13 (-0.47%)

TEVA

Teva

$13.70

0.22 (1.63%)

CBS

CBS

$56.54

0.3 (0.53%)

DISH

Dish

$50.43

0.39 (0.78%)

ASX

Advanced Semiconductor

$7.07

0.76 (12.04%)

SPIL

Siliconware Precision

$7.94

-0.05 (-0.63%)

QD

Qudian

$12.22

-3.93 (-24.33%)

BABA

Alibaba

$191.19

1.35 (0.71%)

VIPS

Vipshop

$8.14

-0.3 (-3.55%)

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  • 24

    Nov

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    Feb

  • 18

    Mar

AFL

Aflac

$85.00

-0.05 (-0.06%)

13:26
11/24/17
11/24
13:26
11/24/17
13:26
Conference/Events
Aflac to hold a conference call »

Conference call to…

03/08/13
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  • 01

    Dec

GBL

GAMCO Investors

, WTS

Watts Water

$72.65

0.15 (0.21%)

13:26
11/24/17
11/24
13:26
11/24/17
13:26
Hot Stocks
Breaking Hot Stocks news story on GAMCO Investors, Watts Water »

Gabelli reports 6.69%…

GBL

GAMCO Investors

WTS

Watts Water

$72.65

0.15 (0.21%)

03/08/13
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  • 04

    Dec

CC

Chemours

$53.31

0.45 (0.85%)

13:23
11/24/17
11/24
13:23
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13:23
Conference/Events
Chemours to host investor day »

Investor Day to be held…

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  • 01

    Dec

$NSD

NASDAQ Market Internals

13:17
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Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

13:16
11/24/17
11/24
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Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
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AIMT

Aimmune

$35.74

0.16 (0.45%)

13:09
11/24/17
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Conference/Events
Aimmune to hold an investor symposium »

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  • 28

    Nov

PN

Patriot National

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Hot Stocks
Breaking Hot Stocks news story on Patriot National »

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CMCM

Cheetah Mobile

$12.02

-0.4 (-3.22%)

12:55
11/24/17
11/24
12:55
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12:55
Options
Cheetah Mobile put volume heavy and directionally bearish »

Bearish flow noted in…

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GM

General Motors

$44.47

0.1828 (0.41%)

12:53
11/24/17
11/24
12:53
11/24/17
12:53
Conference/Events
General Motors holds an investor an analyst webcast »

Management hosts a…

03/08/13
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  • 30

    Nov

  • 09

    Jan

  • 16

    Jan

12:45
11/24/17
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General news
Breaking General news story  »

Week of 11/24…

EBAY

eBay

$35.94

-0.02 (-0.06%)

, OSTK

Overstock.com

$61.05

0.6 (0.99%)

12:43
11/24/17
11/24
12:43
11/24/17
12:43
Periodicals
Adobe: Black Friday online sales up 18.4% y/y as of 10:00 am ET, CNBC says »

According to Adobe…

EBAY

eBay

$35.94

-0.02 (-0.06%)

OSTK

Overstock.com

$61.05

0.6 (0.99%)

AMZN

Amazon.com

$1,156.16

16.67 (1.46%)

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  • 27

    Nov

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    Mar

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