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Stock Market & Financial Investment News

News Breaks
March 3, 2014
06:13 EDTTYCTyco lowers Q2 EPS ex-items view to 39c-41c from 44c-46c, consensus 46c
As a result of the transaction, the company expects that approximately 5c of EPS in Q2 will now be reflected in discontinued operations. Therefore, the company is updating its EPS guidance solely for this reclassification. The company now expects EPS from continuing operations before special items for Q2 to be in the range of 39c-41c compared to original guidance of 44c-46c. The company will provide an update on FY14 guidance during the quarterly earnings call to be held in April.
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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