Saying the merger 'should be stopped,' Democratic presidential candidate Hillary Clinton attacks the proposed merger between giants Johnson Controls Inc. and Tyco Int'l due to the tax-avoidance consequences.
SSI Staff · February 04, 2016
Tyco released its earnings report for the first fiscal quarter of 2016. It reported a 4% dip in revenue from the previous year, which it attributes to the stronger U.S. dollar against foreign currencies. Tyco CEO George R. Oliver called the first quarter "solid" and it excited about the company's long-term prospects thanks to its planned merger with Johnson Controls.
SSI Staff · January 29, 2016
It doesn't matter how big a security company is: there are lessons each one can learn from Monday's Tyco-Johnson Controls merger. It's been said that all companies are for sale at all times, it's simply the price that hasn't been established.
Peter Giacalone · January 28, 2016
Tyco International and Johnson Controls announced on Monday they plan to merge the two companies in a deal worth reportedly $20 billion. The deal brings together two of the most prominent security and fire/life safety firms with a combined annual revenue of $32 billion.
SSI Staff · January 27, 2016
Thomas McConnell, director of Denver-based Headwaters MB believes, Tyco could have been shopped more broadly. It merged with Johnson Controls (JCI) on Monday in a $20 billion deal.
Rodney Bosch · January 26, 2016
Manufacturing giants Johnson Controls Inc. and Tyco Int'l plan to merge, creating an industrial conglomerate with $32 billion in annual revenue. The deal is reportedly worth $20 billion and brings together two of the most prominent security and fire/life safety firms.
SSI Staff · January 25, 2016
Revenue of $827 million decreased 18% compared to the prior year, driven by a 13% unfavorable impact from foreign currency exchange rates.
SSI Staff · November 13, 2015
Tyco posted earnings of 59 cents per share on revenue of $2.49 billion for the quarter ended June 26.
SSI Staff · July 31, 2015
The $329.5 million cash transaction will allow Tyco to offer customers a full range of fire-safety solutions across both fixed and portable detection.
SSI Staff · February 27, 2015
The fire protection and security company reported revenue of $2.5 billion, a 2% increase on an organic basis. Its Global Products segment led with organic growth of 10%
SSI Staff · January 30, 2015