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Closing Glance: Electrical equipment shares close higher



By AP
08 May 2008 @ 04:24 pm EST

NEW YORK - Shares of electrical equipment companies closed higher Thursday as the broader market gained ground on better-than-expected April retail sales figures and a report that jobless claims fell last week.

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Quotes
RBC 32.9 -1.48
CBE 32.11 -1.39
TEL 22.52 0.2
CTV 25.85 -0.19

SYMBOL LOOKUP

How some shares of electrical equipment companies ended:

Regal Beloit Corp., up 38 cents to $44.01.

Cooper Industries Ltd., up 27 cents to $43.37.

Tyco Electronics Ltd., up 34 cents to $38.24.

Commscope Inc., up $1.49, or 3 percent, to $50.59.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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