International Business News - Tyco 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 Tyco Electronics Ltd. on Tuesday said recent business trends indicate the company will post sales and earnings per share for its fiscal first quarter at the low end of its prior outlook range. http://www.ibtimes.com/articles/20081202/tyco-electronics-sees-1q-at-low-end-of-prior-range.htm Tue, 02 Dec 2008 18:23:18 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 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 A federal judge in New Hampshire has limited imprisoned former Tyco CEO Dennis Kozlowski's ability to sell his houses and other property. U.S. District Judge Barbadoro ruled Friday in a lawsuit against Kozlowski by Tyco and investors. The suit alleges Tyco executives colluded in a giant accounting fraud scheme to misrepresent the value of Tyco and companies it acquired under Kozlowski's leadership. http://www.ibtimes.com/articles/20081101/court-limits-ex-tyco-exec-kozlowski-property-sales.htm Sat, 01 Nov 2008 12:44:22 EDT New York's top court on Thursday upheld the convictions of two former Tyco International executives sentenced to prison for fraud and larceny involving more than $100 million in bonuses. http://www.ibtimes.com/data/articleimgs/153683-tyco-convictions-appeal.jpg http://www.ibtimes.com/articles/20081016/nys-top-court-upholds-tyco-execs-convictions.htm http://www.ibtimes.com/articles/20081016/nys-top-court-upholds-tyco-execs-convictions.htm Thu, 16 Oct 2008 13:31:25 EDT Electronic components company Tyco Electronics Ltd. on Wednesday said it has appointed a president of its new medical products unit. The company said Doug Strohmeier will serve as president of its newly created and stand alone business unit effective immediately. http://www.ibtimes.com/articles/20081001/tyco-electronics-appoints-new-unit-president.htm Wed, 01 Oct 2008 14:30:58 EDT Tyco Electronics Ltd. announced Monday it has closed the sales of two businesses for proceeds of about $470 million. Tyco sold its Radio Frequency Components and Subsystem business to Cobham Defense Systems Division, a subsidiary of U.K.-based Cobham plc., which manufactures aerospace and defense systems. The unit designs and manufactures radio frequency components and subsystems for the aerospace, defense and commercial markets. http://www.ibtimes.com/articles/20080929/tyco-electronics-wraps-sale-of-2-businesses.htm Mon, 29 Sep 2008 14:12:12 EDT Tyco Electronics Ltd. on Tuesday named Rob Shaddock to the newly created position of senior vice president and chief technology officer. Shaddock, 50, previously served as senior vice president of Motorola Inc.'s consumer products division. http://www.ibtimes.com/articles/20080916/tyco-electronics-names-shaddock-as-its-cto.htm Tue, 16 Sep 2008 15:04:21 EDT 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