Tyco International (TYC) Reports In-Line Q2 EPS; Boosts FY16 EPS Outlook

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Go back to Tyco International (TYC) Reports In-Line Q2 EPS; Boosts FY16 EPS Outlook

Tyco Reports Second Quarter 2016 Earnings from Continuing Operations Before Special Items of $0.45 Per Share and GAAP Earnings of $0.33 Per Share

April 29, 2016 6:00 AM EDT

CORK, Ireland, April 29, 2016  /PRNewswire/ --

Confirms that plans are on track for its strategic merger with Johnson Controls to create a global leader in building products and technology, integrated solutions and energy storage Enhances business portfolio with acquisition of ShopperTrak to expand retail analytics solutions, and divestiture of Australian fire detection and protection business Expands pipeline with 7% orders growth in the quarter, and backlog increases 2% on quarter sequential basis, both excluding the impact of foreign currency and divestitures Achieves 126% adjusted free cash flow conversion rate in the quarter... More