Synnex (-3.5 percent)
Synnex turned in a shining performance, with sales falling slightly to $1.81 billion for its second quarter ended May 31. The performance, compared to every other company, could be due to its acquisition of New Age Electronics and the fact that it doesn't operate in Europe, a region where competitors struggled due to currency exchange rates, according to one distribution executive who asked not to be named.
CEO Kevin Murai said health care, managed print services and unified communications are strong and overall business has stabilized. "We have seen signs of the [economy] strengthening over the last five months or so. Obviously, we thank our customers for their continued support and we're excited about a number of the key opportunities we're working on," he said.
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