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Ingram Micro Inc. (IM) Cut to Sell at Zacks Investment Research

According to Zacks, “The world’s leading technology distributor Ingram Micro reported mixed third-quarter 2015 results, with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. Further, the company provided tepid guidance for fourth-quarter 2015 anticipating a significant negative impact from foreign exchange rates.

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