Technology Sector Announces Acquisitions, New Products and Strategies, and Positive Earnings Results - Research Report on Bally, Anixter, Watsco, Arrow, and RadioShack Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, July 25, 2013 NEW YORK, July 25, 2013 /PRNewswire/ -- Today, Investors' Reports announced new research reports highlighting Bally Technologies, Inc. (NYSE: BYI), Anixter International Inc. (NYSE: AXE), Watsco Inc. (NYSE: WSO), Arrow Electronics, Inc. (NYSE: ARW), and RadioShack Corp. (NYSE: RSH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Bally Technologies, Inc. Research Report On July 16, 2013, Bally Technologies, Inc. (Bally) announced that the Company has entered into a definitive agreement to acquire SHFL entertainment, Inc. (SHFL) at a per share price of $23.25 in cash for total consideration of approximately $1.3 billion. Bali reported that the agreed transaction price represents a premium of 24% to the closing price of SHFL common stock on July 15, 2013. The Board of Directors of both the Companies has unanimously approved the transaction. Bally's President and Chief Executive Officer, Ramesh Srinivasan commented, "Both Bally and SHFL have long histories of proven innovation, excellent customer service and successfully anticipating and adapting to changes within our industry, which makes bringing our two companies together a great strategic fit. The transformational acquisition of SHFL - which joins two high-caliber, talented and creative teams - will further enhance our ability to deliver future growth and serve our customers. SHFL's intellectual property, renowned brands and industry-leading suite of diverse, high-performance products will enable us to offer an unparalleled offering of gaming products and services, which - when combined with our content, technology, operational capabilities and respective geographic footprints - will provide the most comprehensive product portfolio offered around the world." Technologies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/BYI] Anixter International Inc. Research Report On July 18, 2013, Anixter International Inc. (Anixter International) announced that the Company will host an Investor Day on August 8, 2013, beginning at 8:30 a.m. EDT at the Grand Hyatt New York and is expected to conclude at 12:00 p.m. EDT. An on-site registration will open at 8:00 a.m. EDT. Anixter International informed that its Investor Day will include presentations from Bob Eck, President and CEO; Ted Dosch, EVP and CFO; Bill Gavin, EVP for Enterprise Cabling and Security Solutions; Giulio Berardesca, EVP for Electrical and Electronic Wire and Cable; and Ian Clarke, EVP for OEM Supply. The Full Research Report on Anixter International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/AXE] Watsco Inc. Research Report On July 18, 2013, Watsco Inc. (Watsco) reported its financial results for Q2 2013. The Company posted revenue of $1.1 billion, reflecting an increase of 10.7% YoY. Net income was up at $51.3 million, or $1.48 per diluted share, compared to net income of $39.1 million, or $1.15 per diluted share, in Q2 2012. Commenting on the news, Watsco's President and CEO Albert Nahmad said, "Our second quarter performance produced the highest sales and the greatest profits of any quarter in Watsco's history. We delivered strong earnings growth and margin expansion from a combination of solid sales growth, better selling margins and operating efficiencies. We remain focused on our fundamentals - gaining share for our supplier partners, improving operating efficiency and having the products and people in place to best serve our customers." The Full Research Report on Watsco Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/WSO] Arrow Electronics, Inc. Research Report On July 22, 2013, Arrow Electronics, Inc. (Arrow) launched ArrowSphere xSP Central, an online module that enables the managed service provider (MSP) community to forecast and report on various service provider license agreements in one central platform. The Company reported the module's key feature is its ability to stimulate and predict the total cost of operating a particular cloud service for the end customer. The platform is reported to include patent-pending metering and reporting capabilities and provides MSPs with a centralized online dashboard to generate pricing models, evaluate vendor program options, automate monthly reports and perform various analyses, such as profit threshold and capacity planning. According to the Company, the combination of ArrowSphere capabilities and the efficiencies gained through the automation of such tasks enables MSPs to increase their focus on value-creation activities. Full Research Report on Arrow Electronics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/ARW] RadioShack Corp. Research Report On July 16, 2013, RadioShack Corp. (RadioShack) disclosed its first college bookstore location under its 2013 plan, which includes opening additional college bookstores, stretching from New York to San Diego, throughout the fall of 2013. The new shop-in-shop retail space at the University Co-op in the University of Texas, Austin is the location that RadioShack plans to open in 2013. The Company reported that students visiting the University Co-op will be able to browse and buy top consumer electronic products and desired brands available in a new RadioShack branded section of the college store. This complies with the five-year agreement announced earlier in 2013 with NACSCORP, a subsidiary of the National Association of College Stores, to provide an assortment of popular consumer electronics and accessories to approximately 4,000 college store customers currently served by NACSCORP. RadioShack said that the college bookstore program is a part of the Company's expansion into non-traditional channels through brand extension and partnership. The Full Research Report on RadioShack Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-23/RSH] EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Technology Sector Announces Acquisitions, New Products and Strategies, and Positive Earnings Results - Research Report on Bally,
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