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Stock Market & Financial Investment News

News Breaks
March 6, 2014
12:04 EDTTYCTyco investors approve annual dividend increase of 13% to 72c per share
Tyco International announced that its shareholders approved all proposals presented at the Company's Annual General Meeting held on March 5, including the election of all director nominees. Shareholders also approved an annual dividend of 72c per share, representing an approximate 13% increase over the current dividend of 64c. Payment of the dividend is to be made in four quarterly installments of 18c from May 2014 through February 2015. The Board of Directors declared the first of these dividend payments to be payable on May 21 to shareholders of record on April 25.
News For TYC From The Last 14 Days
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July 31, 2015
09:04 EDTTYCTyco sees oil, gas vertical down 15% in FY15
Management stated that cost actions and restructuring initiatives will have an immediate benefit for FY15 with carry over into FY16. Management stated that the company sees Q4 corporate expenses of approximately $55M. Sees FY15 corporate expenses of approximately $210M. Management stated that the company sees restructuring and repositioning expense to be approx. $225M in FY15. Comments provided during Q3 earnings conference call.
06:04 EDTTYCTyco narrows FY15 EPS to $2.23-$2.25 from $2.23-$2.27, consensus $2.23
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06:03 EDTTYCTyco sees Q4 EPS 60c-62c, consensus 63c
06:03 EDTTYCTyco reports Q3 EPS ex-items 59c, consensus 56c
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July 30, 2015
15:04 EDTTYCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus $1.11... Chevron (CVX), consensus $1.16... Seagate Technology (STX), consensus 64c... Tyco (TYC), consensus 56c... Newell Rubbermaid (NWL), consensus 62c... LifePoint Health (LPNT), consensus 99c.
July 21, 2015
06:16 EDTTYCExperian divests retail intelligence business FootFall to Tyco for $60M
Experian (EXPGY) announces that it has divested its retail intelligence business, FootFall, for a cash consideration of GBP38.5M, or $60M, to Tyco (TYC), a provider of integrated retail performance and security solutions. FootFall, part of Experian’s Marketing Services business line, monitors and analyses in-store customer behaviours to help retailers and shopping centres to understand their customers better. It operates across Europe, Asia and the U.S. FootFall’s revenue for the year ended March 31 was $39M, which was included within Marketing Services.

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