144.15 0.00 (0.00%)
After hours: 4:00PM EST
|Bid||144.11 x 800|
|Ask||144.40 x 1400|
|Day's Range||144.15 - 144.22|
|52 Week Range||80.20 - 145.25|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||15.53|
|Earnings Date||Mar 04, 2020 - Mar 08, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||148.33|
Tech Data (Nasdaq: TECD) today announced it has been named one of the "World’s Most Admired Companies" by Fortune for the 11th consecutive year. The company scored second overall in the Wholesalers: Electronics and Office Equipment category.
Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.
See which five Tampa Bay companies received a perfect grade on the Human Rights Campaign's LGBT equality index.
Publix along with three other Tampa Bay companies made Fortune's annual list of the world's most admired companies.
Zacks.com featured highlights include: Credit Suisse, Amkor Technology, Oasis Midstream Partners, Tech Data and NV5 Global
NEW YORK, Jan. 20, 2020 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Tech Data Corporation (NASDAQ: TECD)The.
BALA CYNWYD, PA / ACCESSWIRE / January 17, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Tech Data Corp. ("Tech Data" ...
NEW YORK, NY / ACCESSWIRE / January 14, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
WILMINGTON, Del., Jan. 13, 2020 -- Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District.
NEW YORK, NY / ACCESSWIRE / January 11, 2020 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Tech Data Corporation (NASDAQ:TECD) The investigation ...
NEW YORK, NY / ACCESSWIRE / January 9, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
NEW YORK, NY / ACCESSWIRE / January 8, 2020 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Continental Building Products, Inc. (NYSE:CBPX) The ...
A date has been set to see if shareholders approve a proposed sale of Tech Data Corp. The board of directors will hold a special meeting on Feb. 12 at the Raymund Center, 5350 Tech Data Drive in Clearwater. Shareholders have until Jan. 9 to buy into the company and be able to vote at the board meeting, according to a filing with the U.S. Securities and Exchange Commission. The acquisition offer was originally made on Nov. 13, 2019 by Apollo Global Management Inc. (NYSE: APO) for $5.4 billion.
NEW YORK, NY / ACCESSWIRE / January 7, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
NEW YORK, Jan. 06, 2020 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Continental Building Products, Inc. (NYSE:.
Before even launching, a Tampa-based startup that will provide electronic notarization can list top former CEOs among its board members. Howard Jenkins, former CEO of Publix, Steve Raymund, former CEO of Tech Data and Dan Bisaillon, a former COO of America II Electronics sit on the board for eNotaryLog, which will soon launch to allow online notarization that can be utilized across the globe. "Some are investors and some we have known because we grew up in the area," said Joseph Bisaillon, co-founder and CTO of eNotaryLog.
NEW YORK, NC / ACCESSWIRE / December 31, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders:
NEW YORK, NY / ACCESSWIRE / December 27, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
(Bloomberg Opinion) -- He’s making a list and checking it twice, but can’t find a takeover target that’s nice.Warren Buffett is the jolly man of the stock market. However, the chairman and CEO of Berkshire Hathaway Inc. has also been a bit of a Scrooge this year, as he continues to pass up acquisitions and instead hoard his money. The billionaire has long been seeking a really big deal on which to spend some of his company’s $128 billion of cash, except everything is overpriced in his view. To make matters more frustrating, Berkshire’s own shares are lagging behind the broader U.S. market by the most since 2009.While 2019 wasn’t Buffett’s worst year, it was surely one of his dullest. With Berkshire’s cash pile reaching new heights, Buffett has said that just the thought of taking over another company — he’s acquired nearly 200 during his career — causes his heart “to beat faster.” Instead, this chart of Berkshire’s stock performance looks like it’s almost flat-lining:Berkshire shares are on track to end the year up a modest 11%, trailing the S&P 500 index by 20 percentage points. That’s even as the company posted record operating profit in the latest quarter.Buffett, who turned 89 in August, is the fourth-richest person in the world, and it’s hard for the fourth-richest person in the world to have too bad of a year. But for one of the most celebrated investors and dealmakers of all time, who also enjoys basking in the spotlight, the deal dry spell isn’t much fun. Without any new acquisitions to rave about, even Buffett’s highly anticipated annual letters — the release of which investors treat like tickets dropping for a Beyonce concert — lately have been shorter than usual and have lacked his characteristic bawdy metaphors. (That’s not to say a retreat from the dirty-grandpa humor isn’t welcomed by this writer.)Berkshire’s last large takeover — the kind he dubs “elephants” — was Precision Castparts, an aerospace-parts supplier, for $37 billion; it was completed nearly four years ago. This year, Berkshire merely provided $10 billion of high-interest financing to help another company, Occidental Petroleum Corp., make an acquisition; that barely put a dent in Berkshire’s cash. It was then outbid in November for software distributor Tech Data Corp. in what would have been a $5 billion deal.(1) Berkshire had considered selling debt in Europe, which might have been a precursor to a significant acquisition overseas, but that never panned out. At the end of the day, the company’s splashiest investment of the year was an $861 million stake in Amazon.com Inc. The closest thing Buffett found to an elephant might just be this stuffed animal, an item sold at RH, a small home-furnishings retailer in which Berkshire recently bought a stake.Though it was a boring year, 2019 marks the end of what was perhaps Berkshire’s most transformative decade. It became the owner of one of America’s most expansive railroad systems, BNSF, while recognizable brands including Duracell and Kraft Heinz (for better or worse) also joined the Berkshire family. At the start of the decade, consumer stocks such as Coca-Cola Co. and Procter & Gamble Co. accounted for the biggest share of Berkshire’s stock-market holdings. Now, Apple Inc. and some banks and credit-card companies together comprise almost three-quarters of its portfolio. Buffett also took meaningful steps toward succession planning by promoting Greg Abel and Ajit Jain to oversee all Berkshire’s operations and thus raising their public profiles. Buffett and Berkshire Vice Chairman Charlie Munger — who turns 96 on New Year’s Day — were asked during the last shareholder meeting in May whether their successors will have to transition the company from an acquisition-and-investment vehicle into an entity focused instead on returning capital through stock buybacks and dividends. “That’s certainly a possibility,” maybe even during his time, Buffett said. “But we will have to see how that works out over many years, because certain years huge opportunities present themselves and other years are totally dry holes.” Berkshire spent about $2.8 billion repurchasing class A and B shares in the first nine months of 2019, up from $0 in 2017.U.S. stocks haven’t been getting any cheaper for Buffett. That said, some see his hoarding of cash partly as an insurance policy in case his health deteriorates, so that there’s added financial flexibility for the next CEO. But knowing Buffett, he’ll want to go out with a bang. Finding one last elephant should be his New Year’s resolution. (1) Buffett was also close to doing a “very large” transaction around this time last year, but it fell apart, as did attempted deals involving Unilever Plc and Oncor Electric Delivery Co. in 2017.To contact the author of this story: Tara Lachapelle at email@example.comTo contact the editor responsible for this story: Beth Williams at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.