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Profile - Thomas & Betts Corp. (NYSE:TNB)
As of 31-Aug-2001
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Location
8155 T&B Boulevard
Memphis, TN 38125
Phone: (901) 252-8000
Fax: (901) 680-5112
Email: technicalsupport@tnb.com
Employees (last reported count): 14,000
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Electronic Instruments & Controls
Company Website
 ·Home Page

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Index Membership
 ·S&P 500
Ownership
·Insider and 5%+ Owners: 31%
·Over the last 6 months:
 · one insider sell; 0  shares
·Institutional: 87% (127% of float)
(479 institutions)
·Net Inst. Buying: 1.27M shares (+2.43%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Thomas & Betts Corporation is a manufacturer of connectors and components for worldwide electrical markets. The Company operates over 180 manufacturing, distribution and office facilities in approximately 20 countries. The Company designs, manufactures and sells components used in assembling, maintaining and repairing electrical and communications systems. Its products include electrical components and accessories for industrial, commercial, utility and residential construction, renovation and maintenance applications, and for applications within other companies' products primarily in North America, but also in Europe and other areas of the world; electromechanical components, subsystems and accessories used to construct, maintain and repair cable television and telecommunications networks worldwide; transmission poles and towers primarily for North American customers, and heating units and accessories for North American and European markets.
More from Market Guide: Expanded Business Description

Financial Summary
Thomas and Betts Corp. develops, manufactures and sells electrical and electronic connectors and components, as well as other related products and accessories. For the six months ended 7/1/01, net sales fell 11% to $782.4 million. Loss from continuing operations fell 90% to $10.3 million. Results reflect a slow down in demand for electrical products, the effects of previously divested and discontinued Communication product lines, offset by reduced manufacturing and S/G/A cost.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

T. Kevin Dunnigan, 63
Chairman, Pres, CEO
$880K
John Murphy, 54
Sr. VP, CFO
--  
Domenic Pileggi, 49
Sr. VP and Group Pres, Electrical
--  
Kenneth Fluke, 41
VP, Controller
--  
Jerry Kronenberg, 66
VP, Gen. Counsel and Sec.
--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:TNBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 20-Dec-2000
$13.063
Recent Price$21.41 
52-Week High
on 19-July-2001
$23.90 
Beta0.97 
Daily Volume (3-month avg)198.0K
Daily Volume (10-day avg)126.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change+15.0%
52-Week Change
relative to S&P500
+54.2%
Share-Related Items
Market Capitalization$1.24B
Shares Outstanding58.1M
Float40.1M
Dividends & Splits
Annual Dividend (indicated)$1.12 
Dividend Yield5.23%
Last Split: 2 for 1 on 10-Apr-1996
Per-Share Data
Book Value (mrq*)$14.75 
Earnings (ttm)-$1.71 
Earnings (mrq)-$0.09 
Sales (ttm)$28.55 
Cash (mrq*)$3.16 
Valuation Ratios
Price/Book (mrq*)1.45 
Price/EarningsN/A 
Price/Sales (ttm)0.75 
Income Statements
Sales (ttm)$1.66B
EBITDA (ttm*)-$93.8M
Income available to common (ttm)-$99.6M
Profitability
Profit Margin (ttm)-6.0%
Operating Margin (ttm)-6.7%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter
(fully updated)
1-July-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)-4.48%
Return on Equity (ttm)-10.60%
Financial Strength
Current Ratio (mrq*)2.56 
Debt/Equity (mrq*)0.78 
Total Cash (mrq)$183.7M
Short Interest
As of 8-Aug-2001
Shares Short2.43M
Percent of Float6.1%
Shares Short
(Prior Month)
3.03M
Short Ratio10.62 
Daily Volume229.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001, except mrq*/ttm* items as of 1-July-2001)

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