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Stock Market & Financial Investment News

News Breaks
September 28, 2012
10:04 EDTTYC, PNRPentair to increase dividend to 23c from 22c for 1Q13, 2Q13
Pentair Ltd. (PNR) announced that its sole shareholder prior to the spin-off, Tyco International (TYC), has authorized Pentair Ltd. to pay a cash dividend of 22c per share on November 9 to shareholders of record on October 26. Tyco as sole shareholder also approved raising the quarterly dividend to 23c per share per quarter effective for the first and second quarters of 2013. Pentair Ltd. intends to seek authorization from its shareholders at its 2013 annual general meeting of shareholders to extend the increased dividend or increase the dividend further for the remainder of 2013.
News For PNR;TYC From The Last 14 Days
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February 4, 2016
07:08 EDTTYCCowen to hold a forum
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February 2, 2016
07:12 EDTPNRPentair sees FY16 adjusted EPS $4.05-$4.25, consensus $4.08
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07:11 EDTPNRPentair sees Q1 adjusted EPS 70c-72c, consensus 80c
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07:09 EDTPNRPentair reports Q4 EPS $1.13, consensus $1.04
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January 29, 2016
08:30 EDTTYCTyco sees restructuring, repositioning charges of $20M in Q2
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08:29 EDTTYCTyco sees $75M-$100M in restructuring charges in FY16
Tyco expects final resolution of the IRS settlement in the next six months.
08:28 EDTTYCTyco sees Q2 revenue about $2.3B, consensus $2.36B
Tyco sees Q2 revenue to decline approximately 4% year-over-year. The company expects a $120M foreign currency headwind in Q2.
08:21 EDTTYCTyco announces deal with IRS to 'tentatively resolve' debt issue
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06:05 EDTTYCTyco backs FY16 EPS ex-items view of $2.05-$2.20, consensus $2.10
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06:05 EDTTYCTyco sees Q2 EPS 44c-46c, consensus 46c
06:04 EDTTYCTyco reports Q1 EPS ex-items 42c, consensus 41c
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January 28, 2016
11:14 EDTTYCJohnson Controls continues to expect at least $650M in synergies from merger
Oost merger, the company expects $4.5B EBITDA, $500M operating synergies and $150M tax synergies.
11:12 EDTTYCJohnson Controls sees no hiccups, improved momentum for Tyco transaction
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