Anixter International Inc. (AXE)

Anixter International, Inc., together with its subsidiaries, distributes communications products, specialty wire and cable products, fasteners, and small parts. Its communications products comprise voice, data, video, and security products used to connect personal computers, peripheral equipment, mainframe equipment, security equipment, and various networks to each other. The company’s product portfolio also consists of transmission media products, including copper and fiber optic cable; connectivity products; support and supply products; and security surveillance and access control products. These products are incorporated into enterprise networks, physical security networks, central switching offices, Web hosting sites, and remote transmission sites. In addition, Anixter International provides electrical wire and cable products, including electrical and electronic wire and cable, control and instrumentation cable, and coaxial cable that are used in various maintenance, repair, and construction-related applications. Further, the company offers a range of electrical and electronic wire and cable products, fasteners and other small components that are used by original equipment manufacturers in manufacturing various products. It serves various industries, which comprise manufacturing, telecommunications, Internet service providers, finance, education, healthcare, transportation, utilities, and government, as well as contractors, installers, system integrators, value-added resellers, architects, engineers, and wholesale distributors. Anixter International distributes its products in the United States, Canada, Europe, Asia Pacific, and Latin America. The company, formerly known as Itel Corporation, was founded in 1957 and is headquartered in Glenview, Illinois.

For the thirty nine weeks ended 29 September 2006, Anixter International, Inc's. revenues rose 29% to $3.64B. Net income totaled $156.9M, up from $69.9M. Revenues reflect an increase in sales due to the IMS acquisition & the favorable foreign exchange impact and a very strong customer demand across a broad mix in the Company's business. Net income also reflects improved operating margins and the absence of extinguishment of debt.