Arrow Electronics Guides Q3 In Line With Estimates - Update

Arrow Electronics Q1 Adj. EPS Tops Estimates, But Sales Miss; Guides Q2 Well Below View

Arrow Electronics, Inc. (ARW) reported Thursday that net income attributable to shareholders for the first quarter plunged to $84 million or $1.53 per share from $274 million or $4.60 per share in the prior-year quarter.

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Arrow Electronics Guides Q2 Adj. EPS Above Estimates - Update

While reporting financial results for the first quarter on Thursday, Arrow Electronics, Inc. (ARW) provided earnings, adjusted earnings and total sales guidance for the second quarter.

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Arrow Electronics Guides Q4 Adj. EPS Above Estimates - Update

While reporting financial results for the third quarter on Thursday, Arrow Electronics, Inc. (ARW) provided earnings, adjusted earnings and total sales guidance for the fourth quarter.

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TSX Climbs To New Record High As Technology, Materials Stocks Rise

After opening on a firm note, Canadian stocks gained further ground in positive territory Friday morning with several counters in materials, technology and healthcare sectors attracting strong buying interest.

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U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December

Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.

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U.S. Existing Home Sales Rise Less Than Expected In November

Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.

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Russia Cuts Key Rate By 50 Bps As Expected

Russia's central bank cut its interest rate by 50 basis points on Friday but reiterated that it will maintain policy tight to bring inflation back to the target. The Board of Directors, led by Governor Elvira Nabiullina, decided to cut the key rate to 16.00 percent from 16.50 percent. The decision matched market expectations. The bank has lowered the interest rate by 400 basis points since Jun

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Bay Street May Open Slightly Higher

The Canadian market, which snapped a four-day losing streak on Thursday, looks headed for a positive start Friday morning. Canadian retail sales data, and U.S. PCE reading are likely to make an impact.

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EURUSD	1.17176	GBPUSD	1.33773	AUDUSD	0.66132
USDJPY	157.509	USDCAD	1.3784	USDCHF	0.79515