Anixter International (AXE -7.8%), which distributes wiring systems, networking products and...

|About: Anixter International Inc. (AXE)|By:, SA News Editor

Anixter International (AXE -7.8%), which distributes wiring systems, networking products and fasteners, slips after being cut to Underperform by Credit Suisse. The firm cites softness in datacom spending and a European industrial production slowdown.