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Opening Glance: Electrical equipment opens mixed



By AP
10 July 2008 @ 10:28 am EST

NEW YORK - Shares of electrical equipment companies opened mixed on Thursday as the broader market wobbled following better than-expected June retail sales and an uptick in oil prices.

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Quotes
CBE 30.08 -0.83
ITRI 71.25 0.12
AVT 16.99 -1.59
GTI 7.32 -0.14

SYMBOL LOOKUP

In sector news, Cooper Industries Ltd. lifted its second-quarter outlook on stronger overseas demand.

Here's how some shares of electrical equipment makers are faring:

Cooper Industries, up $1.21, or 3.2 percent, to $38.90.

Itron Inc., ahead 54 cents to $93.

Graftech International Ltd., down 24 cents to $22.04.

Avnet Inc., off 44 cents to $25.41.

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 This material may not be published, broadcast, rewritten or redistributed.

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