Anixter Intl News

Anixter International Inc. Q3 2009 Earnings Call October 27, 2009; 10:30 am ET Executives Bob Eck - President & Chief Executive Officer Chris Kettman - Investor Relations Analysts Hamzah Mazari - Credit Suisse Sean Connor - BB&T Capital Markets David Manthey - Robert W. Baird Shawn Harrison - Longbow Research Jeff Beach - Stifel Nicolaus Brent ...

Shares of Anixter International Inc. rose Tuesday after the distributor of communications and electronic products posted better-than-expected results for its third quarter even though its profit and sales declined.

Anixter International Inc has been accused of securities fraud by a lawsuit filed on behalf investors, who purchased AXE shares between January 29, 2008 and October 20, 2008, but Anixter International faces also an investigation on behalf current long term AXE investors concerning possible shareholder claims.

Distribution Dynamics Inc . recently agreed to sell its assets and operations to Anixter International Inc .

The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Northern District of Illinois on behalf of purchasers of Anixter International Inc.

Kendall Law Group, led by a former federal judge and former US Attorney, announced today that a lawsuit has been filed against Anixter International Inc.

Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all persons or entities who purchased the common stock of Anixter International Inc.

Emerson Network Power , a business of Emerson and the global leader in enabling Business-Critical ContinuityTM, has appointed Anixter as a distribution partner for its Liebert UPS power protection, racking, switching and monitoring products in New Zealand and Australia.

Investment Gurus John Rogers , founder of Ariel Capital Management, LLC reduced holding in telecommunication company Anixter International Inc.

July 31, 2009 - Technology company Anixter International has selected a solution from Brainware to automate the processing of nearly 1.2 million invoices per year as it aims to improve the speed and efficiencies of its accounts payable process.

USEC said it was "shocked and disappointed" after the U.S Department of Energy denied the company's loan guarantee application.

Revenues in the quarter fell 24.5% year-over-year to $1.22 billion, and came in short of consensus estimates of $1.31 billion.

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Analyst Report ) announced second-quarter results that missed the consensus revenue estimate by 15.5% and the EPS estimate by 12 cents.

Financial Highlights Three Months Ended April 3, March 28, Percent 2009 2008 Change Net Sales $1,271.2 $1,471.6 -14% Operating Income $56.9 $101.5 -44% Net Income $25.7 $55.8 -54% Diluted Earnings Per Share $0.72 $1.40 -49% Diluted Weighted Shares 35.8 39.8 -10% Note: Throughout this announcement prior year amounts have been restated to conform ...

AXE Anixter International [NYSE:AXE] April 27, 2009: $36.30 52-week range: $20.97 - $75.07 Anixter is the world's largest distributor of communication products, wire and cable.