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Short Take: Ingram's earnings are up

Ingram Micro announced a 30 percent increase in net earnings of $26.9 million for the third quarter ending September 28, compared to $20.8 million for the same period last year. Sales revenue was up 26 percent to $2.93 billion, compared with $2.33 billion a year ago. Ingram had an IPO of 20 million shares on November 1.