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Synnex Down 1.9% in 3Q

In the third quarter, Synnex’s net income of $94.7 million increased by 10.5% over the same quarter a year ago.

Ferguson’s underlying trading profit for the year that ended July 31 was $2.1 billion, which marked a 32%% increase from a year ago.

With its investment, Warburg Pincus joined existing Conexiom investors Luminate Capital, which retains a majority stake, and ICONIQ Growth.

Webco’s net sales for the current fiscal year amounted to $466.6 million, an 8.8% increase from the prior fiscal year.

Latest Chicago Fed National Activity Index (CFNAI) shows that all four broad categories of indicators used to construct the index made positive contributions in August, but three categories declined from July.

With the new marketplace, Parts Town is branching out into new verticals such as HVAC, janitorial, water filtration and technician supplies.