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Stock Market & Financial Investment News

News Breaks
April 25, 2014
08:24 EDTTYCTyco starting to see modest pulift in topline and growth in services and product
The company does not expect any sizable transactions to come to a close in the new term, but it said it is "actively" looking for a number of opportunities of varying sizes. Tyco continues to see strong growth in Asia and other growth markets, continued stabilization in Europe, expecting it to be a modest contributor to growth in 2H14. The overall economy continues to be soft in Australia, with the mining sector significantly impacted. Tyco has seen a pick up in orders in April and with the backlog of $5B, the company expects a solid second half of the year. Comments taken from Q2 earnings conference call.
News For TYC From The Last 14 Days
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February 4, 2016
07:08 EDTTYCCowen to hold a forum
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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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