TYCO International News

BOCA RATON, Fla.-Taking a page out of SimplexGrinnell's playbook, Tyco Integrated Security is following a structured approach to making margin on its commercial security jobs, according to Tyco executives and analysts who cover the company.

Known for its electronic-security systems, ADT is the largest residential alarm service in the U.S. and Canada and was spun off of industrial conglomerate Tyco International Ltd.

They currently have a $34.00 target price on the stock. Zacks' analyst wrote, "Tyco reported modest second quarter fiscal 2013 results as both revenue and adjusted earnings increased year over year.

Tyco International's second-quarter earnings plunged 78 percent in a tough comparison to last year, when the company booked $189 million in income from discontinued operations, and didn't see the big, one-time charges taken this time around.

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Tyco International Ltd. delivered a profit and beat Wall Street's expectations, AND beat the revenue expectation.

Tyco International Ltd issued its quarterly earnings data on Friday. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.03, AnalystRatingsNetwork reports.