International Business News - TYC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif ADT Security Services will lay off 380 people at a call center in the Omaha area because the company is consolidating its call center operations. ADT spokeswoman Ann Lindstrom says the customer support operations in Papillion (puh-PILL-yun), Neb., will be handled by the company's service centers in Jacksonville, Fla.; Aurora, Colo.; Kansas City, Mo.; and Rochester, N.Y. http://www.ibtimes.com/articles/20081112/adt-lays-off-380-in-omaha-neb-call-center.htm Wed, 12 Nov 2008 15:22:07 EST Among the stock activity stories for Wednesday, Nov. 12, from AP Financial News: CHICAGO (AP)--Shares of General Growth Properties plunged for the second straight day Wednesday after the struggling mall owner warned it may need to file for bankruptcy and Standard and Poor's said it was removing the stock from the S&P 500 index. http://www.ibtimes.com/articles/20081112/movers-roundup-general-growth-properties.htm Wed, 12 Nov 2008 14:39:31 EST Shares of Tyco International Ltd. fell for a second consecutive day Wednesday after the diversified manufacturer reduced its 2009 earnings forecast. Tyco shares fell $1.73, or 8 percent, to close at $20.01 and earlier hit a new year low of $19.90. Tyco shares had closed 14 percent lower on Tuesday. http://www.ibtimes.com/articles/20081112/tyco-international-shares-continue-decline.htm Wed, 12 Nov 2008 19:39:36 EST An analyst cut his profit forecast and share price target for Tyco International Ltd. late Tuesday after diversified manufacturer forecast fiscal 2009 profit below analyst estimates. http://www.ibtimes.com/articles/20081112/ahead-of-the-bell-tyco-international-estimate-cut.htm Wed, 12 Nov 2008 09:38:27 EST Shares of Tyco International Ltd. skidded 14 percent Tuesday as the manufacturer of a range of products from security systems to valves, pipes and steel tubes issued profit guidance for 2009 that was well below what Wall Street expected. http://www.ibtimes.com/articles/20081111/tyco-shares-tumble-on-09-outlook.htm Tue, 11 Nov 2008 16:30:19 EST Diversified manufacturer Tyco International Ltd. said Tuesday that per-share profit for 2009 will fall short of Wall Street estimates. In releasing its fiscal fourth-quarter earnings, Tyco said it expects earnings per share for 2009 to be $2.20 to $2.50. http://www.ibtimes.com/articles/20081111/tyco-cuts-2009-eps.htm Tue, 11 Nov 2008 13:02:37 EST Among the earnings stories for Tuesday, Nov. 11, from AP Financial News: LOS ANGELES (AP)--American Apparel Inc. said Tuesday that third-quarter profit fell 61 percent as it spent $13.2 million on stock-based compensation, but the clothing manufacturer reaffirmed its full-year profit estimate. http://www.ibtimes.com/articles/20081111/earnings-roundup-american-apparel-marinemax.htm Tue, 11 Nov 2008 10:28:33 EST Among the premarket stories for Tuesday, Nov. 11, from AP Financial News: NEW YORK (AP)--Demand for notebook computers weakened significantly in recent weeks, likely weighing on Intel Corp. and its smaller rival, Advanced Micro Devices Inc. http://www.ibtimes.com/articles/20081111/premarket-roundup-intel-amd-life-insurers.htm Tue, 11 Nov 2008 09:32:20 EST An analyst said Tuesday he expects 2009 earnings per share for diversified manufacturer Tyco International Ltd. to remain flat, at $3. Analyst Nigel Coe of Deutsche Bank-North America said in a note to investors that foreign exchange and steel price pressures will be "broadly offset" by gains in productivity and other areas. http://www.ibtimes.com/articles/20081111/ahead-of-the-bell-analyst-sees-flat-tyco-09-eps.htm Tue, 11 Nov 2008 08:38:19 EST Diversified manufacturer Tyco International Ltd. said Tuesday its fiscal fourth-quarter profit jumped on sales gains from each of its divisions, topping Wall Street expectations. http://www.ibtimes.com/articles/20081111/tyco-international-4q-profit-jumps-to-top-street.htm Tue, 11 Nov 2008 07:16:04 EST Tyco International Ltd., a manufacturer of electronic security, firefighting and other industrial equipment, reports earnings for its fiscal fourth quarter Tuesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081107/earnings-preview-tyco-internationals-4q-report.htm Fri, 07 Nov 2008 14:35:15 EST Tyco Electronics Ltd., which makes electrical cables and other components, Thursday said it was seeing a sudden drop in demand and provided sales and earnings estimates far below those of Wall Street analysts. http://www.ibtimes.com/articles/20081106/tyco-electronics-warns-of-sharp-sales-drop.htm Thu, 06 Nov 2008 10:22:32 EST Tyco Electronics Ltd., which makes cables, switches and other electronic components, Thursday said its earnings fell 21 percent in the fiscal fourth quarter as charges for restructuring and asset impairment rose. http://www.ibtimes.com/articles/20081106/tyco-electronics-4q-earnings-drop-21-percent.htm Thu, 06 Nov 2008 11:21:53 EST Fitch Ratings boosted its long-term issuer default rating for Tyco International Ltd. Tuesday, partly based on its solid operating performance following the spinoff of its health care and electronics divisions. http://www.ibtimes.com/articles/20080916/fitch-raises-tycos-long-term-idr-rating.htm Tue, 16 Sep 2008 09:30:24 EDT Tyco International Ltd. said Tuesday its board increased its quarterly dividend by 5 cents, or 33 percent, to 20 cents. The Bermuda-based industrial manufacturer said the dividend is payable Nov. 3 to shareholders of record Oct. 1. http://www.ibtimes.com/articles/20080909/tyco-international-ups-dividend-33-pct-to-20-cents.htm Tue, 09 Sep 2008 16:28:15 EDT Tyco Electronics Ltd. on Thursday announced restructuring plans in Europe that would include closing three automotive plants, which will affect about 850 employees and potentially double its restructuring costs for its fiscal fourth quarter. http://www.ibtimes.com/articles/20080904/tyco-electronics-to-shut-several-plants-in-europe.htm Thu, 04 Sep 2008 18:20:50 EDT Defense attorneys urged New York's top court Tuesday to overturn the convictions of former Tyco International executives L. Dennis Kozlowski and Mark Swartz, saying they were wrongly convicted at a flawed trial of fraud and grand larceny for taking more than $100 million in earned bonuses. http://www.ibtimes.com/articles/20080902/ex-tyco-execs-kozlowski-swartz-argue-appeal.htm Tue, 02 Sep 2008 19:21:02 EDT Defense attorneys urged New York's top court Tuesday to overturn the convictions of former Tyco International executives L. Dennis Kozlowski and Mark Swartz, saying they were wrongly convicted at a flawed trial of fraud and grand larceny for taking more than $100 million in earned bonuses. http://www.ibtimes.com/articles/20080902/ex-tyco-execs-kozlowski-swartz-to-argue-appeal.htm Tue, 02 Sep 2008 17:51:53 EDT Diversified manufacturer Tyco International Ltd. said Monday it delivered a notice of redemption of more than $19 million in debt. The company said it delivered the notice for its more than $19 million remaining principal of Series B 3.125 percent convertible senior debentures due 2023 and its $351,000 remaining principal of liquid yield option notes due 2020. http://www.ibtimes.com/articles/20080825/tyco-intl-delivers-notices-of-debt-redemption.htm Mon, 25 Aug 2008 16:22:26 EDT Standard & Poor's Ratings Services on Friday said that it placed its ratings on Tyco International Ltd. and subsidiary Tyco International Finance SA on CreditWatch with positive implications. http://www.ibtimes.com/articles/20080822/s-p-places-tyco-ratings-on-watch-may-upgrade.htm Fri, 22 Aug 2008 18:49:48 EDT