Welcome to our dedicated page for Arrow Electronics news (Ticker: $ARW), a resource for investors and traders seeking the latest updates and insights on Arrow Electronics stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arrow Electronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arrow Electronics's position in the market.
Rhea-AI Summary
Arrow Electronics, Inc. (ARW) to present at Raymond James 45th Annual Institutional Investors Conference on March 4, 2024, in Orlando. Webcast available on investor.arrow.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
-
Rhea-AI Summary
Arrow Electronics, Inc. (ARW) announced fourth-quarter sales in line with guidance, with earnings per share of $3.54 and non-GAAP earnings per share of $3.98, both above the high end of guidance. Despite challenges in electronic components and IT spending markets, full-year 2023 results were solid, with $33,107 million in consolidated sales and net income per diluted share of $15.84.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.06%
Tags
-
Rhea-AI Summary
Arrow Electronics partnered with Girls Go Circular's Women and Girls in STEM Forum to fund a Green Robot Challenge, aiming to reduce the digital gender gap in Europe. The event attracted 270 school-aged girls from 19 countries, with a team from Malta winning for developing an eco-friendly robot that removes carbon dioxide from the air. Arrow's director of corporate affairs, Christina Frantz, emphasized the importance of cultivating female STEM leaders, and Arrow's support for programs like Girls Go Circular. The Women and Girls in STEM Forum gathered over 1,200 policymakers, industry leaders, students, and educators to champion gender equality in STEM and ICT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
Rhea-AI Summary
Arrow Electronics, Inc. (ARW) has been named to FORTUNE’s World’s Most Admired Companies list, topping the 'Wholesalers: Electronics and Office Equipment' category for the 11th consecutive year. This marks the 24th time Arrow has appeared on the listing. Arrow topped all nine key attributes in the World’s Most Admired Companies list, including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
-
Rhea-AI Summary
Arrow Electronics, Inc. (NYSE:ARW) and eInfochips are expanding their Automotive Centre of Excellence in Egypt to support the development of next-gen automotive products. The expansion aims to address the challenges associated with connected, autonomous, and electrification technologies in the automotive industry. Arrow's recent acquisition of Avelabs further enhances the CoE's capabilities, enabling innovators to navigate the complexities of automotive electronics design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
-
Rhea-AI Summary
Arrow Electronics, Inc. (ARW) will host a conference call to discuss its fourth-quarter and full-year 2023 financial results on Feb. 8, 2024, at 1:00 PM ET. The company reported 2022 sales of $37 billion and aims to guide innovation forward for over 210,000 leading technology manufacturers and service providers. Interested parties can access the live webcast and obtain dial-in information for the conference call via the events section of investor.arrow.com. Arrow Electronics develops technology solutions that help improve business and daily life.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
Rhea-AI Summary
Arrow Electronics (ARW) is collaborating with technology startup Oyika to deploy battery charging stations in Southeast Asia cities, aiming to support a new generation of clean and quiet electric motorbikes. The transition from petroleum-fueled motorbikes to battery power can significantly improve urban air quality in the region. Oyika has developed a smart battery exchange system at convenience stores, managed through a mobile app, with Arrow's assistance. The company is also working on design engineering, power management, 4G IoT telematics, component sourcing, smart battery monitoring, and GPS-enabled security and safety for Oyika's integrated solution. Oyika's battery-as-a-service business aligns with five of the United Nations's sustainability goals, including climate action, affordable and clean energy, good health and well-being, gender equality, and reduced inequalities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
-
Rhea-AI Summary
Arrow Electronics (ARW) Announces Winners of Call for Code Contest Focused on AI-Powered Technologies for Agriculture
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
-
Rhea-AI Summary
Arrow Electronics (ARW) and Infinidat have entered into an agreement for Arrow to be Infinidat's primary manufacturing and fulfillment operations collaborator globally. This collaboration aims to benefit Infinidat from a global manufacturing supply chain and increased efficiencies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
Rhea-AI Summary
Arrow Electronics, Inc. (NYSE:ARW) and eInfochips establish a High-Power Centre of Excellence in Swindon, UK, to help customers develop high-power solutions for electrification and sustainability initiatives. The CoE addresses challenges in high-power electronics design, leveraging Arrow's extensive high-voltage design experience and eInfochips' engineering team. The facility offers turnkey design services and aims to accelerate and de-risk design cycles for Arrow's customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
Arrow Electronics, Inc.
NYSE:ARW
ARW Rankings
ARW Stock Data
6.77B
53.38M
0.76%
102.06%
4.05%
Business to Business Electronic Markets
Wholesale Trade
United States of America
CENTENNIAL
About ARW
the work arrow does goes into everything from cars to coffee makers. whether it’s something you've never seen before or the things you can’t live without, if it takes a charge, chances are it was built with arrow. when you think about the world of five years out, arrow is helping design it, build it and source it. we are a fortune 150 company with 2014 sales of $22.8 billion. our team includes 17,000 employees worldwide across more than 460 locations in 56 countries. we help the world’s best technology companies think “five years out,” working together to innovate the next big thing after the next big thing. are you thinking five years out? you should be working with us. learn more at http://www.arrow.com.