All Posts Tagged With: "TYC"
(TYC) Tyco International to Split Three Ways
Tyco International Ltd. (TYC) announced its plans to break out into three separate companies. The plan has received the unanimous approval of Tyco’s Board of Directors. The trio to be formed out of Tyco...
(BA) Company News for September 20, 2011 – Corporate Summary
• Shares of Boeing Inc. (NYSE:BA) declined by more than 1.8% after the airline maker said it was unable to deliver its first 747-8 freighter because of issues with its Luxemborg-based customer Cargolux
• ...
(TYC) Greece Economic Crises Fears Return
Renewed Greece-related headlines are expected to come in the way of the budding stock market rally. Stocks gained almost 5% last week as some of the more dire scenarios about Europe lost ground following concerted actions by global central banks, including the U.S. Fed, to...
(ALJ) Stock Market News for September 19, 2011 – Market News
On Friday, U.S. markets inched up to close in the green with the S&P 500 recording its highest rally since July 2011. Hopes of EU overcoming its sovereign debt crisis gathered strength after Treasury Secretary Timothy Geithner said US would join other EU leaders to seek...
(BSX) Company News for July 29, 2011 – Corporate Summary
• Credit Suisse (NYSE:CS) announced that it will cut 2,000 jobs worldwide after the banking giant was hit by a decline in second quarter profits and an appreciating Swiss franc
• A report from Sky News...
(TYC) Tyco International Concludes KEF Holdings Buy
Tyco International Ltd. (TYC) announced that it has completed the acquisition of a 75% stake in KEF Holdings Ltd., which is a UAE-based integrated valve manufacturer and provider of steel castings to the oil...
(C) Company News for January 07, 2011 – Corporate Summary
• Citigroup (NYSE:C) is reportedly looking for a buyer for its CitiFinancial Unit for as much as $1 billion
• Goldman Sachs (NYSE:GS) has added Diamond Offshore...
(TYC) Tyco International Sells Electrical Products Business
Tyco International Ltd (TYC) has completed the sale of a 51% stake in its Electrical and Metal Products businesses to the private equity firm Clayton, Dubilier & Rice, LLC (CD&R). Tyco will receive...
(WU) Stock Market News for December 13, 2010 – Market News
On Friday, the markets ended slightly higher on positive economic data and better-than-expected rise in consumer sentiment. However, the markets’ upward movement was subdued somewhat due to investors’ cautious attitude towards European debt crisis, tensions between...
(AKS) Company News for November 9, 2010 – Corporate Summary
• Chevron (NYSE:CVX) announced plans to buy Atlas Energy (NASDAQ:ATLS) for $4.3 billion, or $43.35 per share
• Bank of America (NYSE:BAC) and PNC (NYSE:PNC) sold $8.3 billion of BlackRock (NYSE:BLK) shares in a secondary offering priced at $163 per share, a 3.6%...
(TYC) Tyco International Completes Divestiture of European Waterworks
Tyco International Ltd. (TYC) recently completed the divestment of its European Waterworks business. The business was sold to Triton, a private equity firm, for about $245 million, as per...
(TXT) Textron Signs Defense Industry Spare Parts Supply Agreement
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, signed an agreement with the Federal Defense Industries Inc. Per the agreement Textron will provide Cadillac...
(TXT) Textron Unit Bell Helicopter Acquires Aviation Service
Bell Helicopter, a Textron Inc. (TXT) company acquired Prague, Czech Republic-based Aviation Service. The acquired company provides modifications and upgrades, avionics and special mission packages.
Textron’s...
(TXT) Textron Incorporated Gets Marine Contract
Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, and Granite Tactical Vehicles Inc., has won a contract to deliver three upgraded High Mobility Multipurpose...
(TXT) Textron Subsidiary Gets Army Software Contract
Textron Inc.’s (TXT) subsidiary Textron Systems has been awarded a U.S. Army contract for software development, training and support for the future intelligence framework. This Distributed Common Ground...
(TXT) Textron to Build U.S. Army Knight Armored Vehicles
Textron Inc.’s (TXT) operating unit Textron Marine & Land Systems has received a contract to build 27 Armored Knight vehicles for U.S. Army Tank-automotive and Armaments Command (TACOM).
The firm...
(TYC) Fitch Affirms Tyco International’s Debt Ratings
Fitch Ratings has reaffirmed the long-term and short-term investment-grade credit ratings of Tyco International Ltd. (TYC) and its subsidiary. The ratings agency affirms Tyco’s IDR at BBB+, its senior...
(TYC) Tyco International Exceeds Consensus Estimates
Tyco International Ltd. (TYC) reported fourth-quarter earnings per share from continuing operations of 61 cents. This was higher than the Zacks Consensus Estimate of 54 cents per share.
Quarterly Revenues...
(TYC) Tyco International Lands Australian Project
A unit of Tyco International Ltd.’s (TYC) Tyco Flow Control was recently selected to support the construction of Australia’s largest desalination project in one of the largest public-private partnerships for infrastructure in the world.
The...
(TYC) Tyco International- Bull of the Day
We are initiating coverage on Tyco International (TYC) shares with an Outperform rating and $36 target price.
The company’s third-quarter results benefited from the improvement in key metrics like account growth, average revenue per user and the disconnect rate,...
(GE) General Electric to Sell Security Business
General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy of exiting from non-core...
(TYC) Tyco International – surprised on estimates the last four quarters by an average of 26.56%
Tyco International Ltd. (TYC), the global manufacturer of various industrial products, has surprised on estimates the last four quarters by an average of 26.56%. It is expected to report third quarter results next week.
Company Description
Tyco...