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TECHNOLOGY
ScanSource retracts Q2 warning
The retail tech distributor will meet earlier sales views after all, with a little more than $245 mil. Strong sales in late Dec. offset a weak start. It warned two weeks ago that sales would fall short of its $235 mil-$255 mil, sending shares down over 20%. ScanSource rose 13% Friday.
TELECOM GEAR
Adtran sees higher Q4 earnings
The telecom gear maker expects to earn 30-32 cents a share, well above earlier forecasts of 18-22 cents. Analysts were ...