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Shares of Santa Ana-based Ingram Micro Inc. rose 22% to 19.5 after the company said it swung to an operating profit excluding one-time costs of $81 million in the fourth quarter, versus a loss of $4 million a year earlier. Sales in the quarter rose 15% to $6.8 billion. Ingram's earnings and sales results beat analysts' expectations ... Shareholders of Newport Beach-based Conexant Systems Inc. approved the company's $1.2 billion acquisition of GlobespanVirata Inc. Dwight Decker, Conexant chief executive and chairman, will become chairman of the new company, which is keeping the Conexant name but moving headquarters to GlobespanVirata's home in Monmouth, N.J. Decker will stay here. ...

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