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Closing Glance: Electrical equipment shares tumble



By AP
06 June 2008 @ 04:30 pm EST

NEW YORK - Shares of electrical equipment companies ended lower Friday as the broader markets tumbled amid a surge more than $11 in the price of crude and a report from the Labor Department that May unemployment rose to 5.5 percent from 5 percent the month before.

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Quotes
RBC 32.25 2.85
MOLX 16.48 -0.27
BGC 16.43 -0.38
TNB 24.79 0.39

SYMBOL LOOKUP

The Dow Jones industrial average tumbled 394.64 points, or 3.1 percent, to 12,209.81.

How shares of some electrical equipment companies fared:

Regal Beloit Corp., down $1.57, or 3.3 percent, to $45.97.

Molex Inc., down $1.05, or 3.7 percent, to $27.49.

General Cable Corp., down $3.08, or 4.4 percent, to $67.17.

Thomas & Betts Corp., down $1.60, or 3.9 percent, to $40.

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 This material may not be published, broadcast, rewritten or redistributed.

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