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Stock Market & Financial Investment News

News Breaks
December 21, 2012
09:01 EDTTYCTyco proposes increase to annual dividend
The proposed 64c annual dividend represents an approximate 7% increase over the post-separation annualized dividend of 60c approved by shareholders at the special general meeting in September.
News For TYC From The Last 14 Days
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March 25, 2015
09:34 EDTTYCTyco has reached attractive entry point, says Bernstein
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March 23, 2015
10:00 EDTTYCOn The Fly: Analyst Upgrade Summary
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06:03 EDTTYCU.S. Multi-Industry sector downgraded to Neutral at Barclays
Barclays downgraded the U.S. Multi-Industry space to Neutral from Overweight saying rising headwinds could limit share upside to mid-single-digit levels in 2015, with only slight improvement in 2016. The firm believes the credit cycle is peaking and views the U.S. Dollar strength along with lower oil prices as headwinds. Concurrent with sector rating change, Barclays downgraded Dover (DOV), Grainger (GWW), Xylem (XYL) and WESCO (WCC) to Equal Weight from Overweight. It also upgraded Tyco (TYC) to Overweight from Equal Weight and Lennox (LII) to Equal Weight from Underweight, calling both defensive names in the space. The firm is also "comfortable" owning General Electric (GE), Honeywell (HON), Sensata (ST) and HD Supply (HDS) at current levels. It prefers waiting for pullbacks to buy shares of 3M (MMM).
05:49 EDTTYCTyco upgraded to Overweight from Equal Weight at Barclays
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