Oct 27 · 10:16:00 AM · Source: Company News Release

Anixter International Inc., a global distributor of communication products, electrical and electronic wire & cable, fasteners and other small parts, today reported that net income for third quarter ended October 2, 2009 declined to $22.1 million, a fall of 63 percent as compared to $59.7 million reported in the year ago quarter. Sales of $1.27 billion decreased 20 percent compared to sales of $1.59 billion in the year ago quarter.

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by Larry Etter