IT products distributor Ingram Micro (IM) is up 9.4% after delivering strong Q2 results. The...

|By:, SA News Editor

IT products distributor Ingram Micro (IM) is up 9.4% after delivering strong Q2 results. The company expects sequential growth that's in line with seasonality, a forecast that could calm investors worried about sagging IT demand and high channel inventory following Juniper's (JNPR) results and a weak forecast from rival Arrow (ARW). (transcript)