2014 Press Releases

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07/29/14Tyco International to Seek Shareholder Approval of Proposed Change in Place of Incorporation to Ireland
NEUHAUSEN, Switzerland, July 29, 2014 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with its previously announced proposal to change the company's place of incorporation from Switzerland to Ireland.  The company will seek shareholder approval of the proposal, along with related matters, at a special general meeting of shareholders scheduled for September 9, 2014, at... 
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07/25/14Tyco Reports Third Quarter 2014 Earnings From Continuing Operations Before Special Items Of $0.54 Per Share And GAAP Earnings Of $0.93 Per Share
NEUHAUSEN, Switzerland, July 25, 2014 /PRNewswire/ -- Revenue of $2.7 billion increases 5%, with 4% organic growth Before special items, segment operating income increases 11% and segment operating margin improves 80 basis points to a record-high 14.5% Diluted EPS from continuing operations before special items increases 17% As previously announced, the company completed the divestiture of its ADT Korea security business and remaining interest in Atkore International for a combined $2... 
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06/26/14Tyco to Report Third Quarter Earnings July 25, 2014
NEUHAUSEN, Switzerland, June 26, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) will issue a press release reporting its results for the third fiscal quarter of 2014 before trading begins on Friday, July 25, 2014.  A conference call for investors will begin at 8:00 a.m., Eastern time (ET), and can be accessed in the following ways: Live via webcast – through the Investor Relations section of Tyco's website at  http://investors.tyco.com, Live via telephone (for "listen-only" participants and those... 
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05/22/14Tyco Completes Sale of Its Security Business In South Korea
NEUHAUSEN, Switzerland, May 22, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced that Tyco Far East Holdings Ltd., a wholly-owned subsidiary, has completed the sale of Tyco Fire & Security Services Korea Co. Ltd. and its subsidiaries (ADT Caps Co., Ltd., Capstec Co., Ltd. and ADT Security Co., Ltd.) that form and operate the company's South Korean security business ("ADT Korea") to The Carlyle Group (NASDAQ: CG), in a cash transaction valued at $1.93 billion. ADT Korea is a leading provi... 
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05/19/14Tyco to Present at the Sanford C. Bernstein 30th Annual Strategic Decisions Conference
NEUHAUSEN, Switzerland, May 19, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) Chief Executive Officer George Oliver will speak at the Sanford C. Bernstein Strategic Decisions Conference in New York, N.Y., on Friday, May 30, 2014, at 8:00 a.m. Eastern time.  A live webcast of the presentation will be available on the company's website at: http://investors.tyco.com. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than three millio... 
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05/08/14Tyco Names Andrea Greco Senior Vice President, Global Sourcing & Procurement and Real Estate
NEUHAUSEN, Switzerland, May 8, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced the appointment of Andrea Greco as Senior Vice President, Global Sourcing & Procurement and Real Estate. Mr. Greco joins Tyco from Unisys Corporation, where he served as Chief Procurement Officer and Vice President, Corporate Real Estate, for the past five years. He reports to George Oliver, Tyco's Chief Executive Officer.  In this newly created role, Mr. Greco will have responsibility for Tyco's global sour... 
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05/07/14Tyco to Present at the Electrical Products Group Annual Conference
NEUHAUSEN, Switzerland, May 7, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) Chief Executive Officer George Oliver will speak at the Electrical Products Group Annual Conference in Longboat Key, Fla., on Wednesday, May 21, 2014, at 10:45 a.m. Eastern time.  A live webcast of the presentation will be available on the company's website at: http://investors.tyco.com. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than three million... 
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05/02/14Tyco International Proposes to Move its Global Headquarters to Ireland from Switzerland
NEUHAUSEN, Switzerland, May 2, 2014 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) today announced that its Board of Directors has approved a proposal to change the company's place of incorporation from Switzerland to Ireland. Tyco expects to ask shareholders to vote on the proposal at a special general meeting of shareholders. "After a thorough review, our Board has concluded that a move to Ireland is in the best interests of Tyco's shareholders," said Tyco Chief Executive Officer Georg... 
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05/01/14Tyco Declares Quarterly Dividend
NEUHAUSEN, Switzerland, May 1, 2014 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) today announced that its Board of Directors has declared a quarterly dividend of $0.18 per share, payable on August 20, 2014, to shareholders of record at the close of business on July 25, 2014. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than three million customers around the globe with the latest fire protection and security pr... 
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04/25/14Tyco Reports Second Quarter 2014 Earnings From Continuing Operations Before Special Items Of $0.45 Per Share And GAAP Earnings Of $0.39 Per Share
NEUHAUSEN, Switzerland, April 25, 2014 /PRNewswire/ -- Revenue of $2.5 billion with organic growth of 2% Before special items, segment operating income increases 15% and operating margin improves 170 basis points to 13.5% Diluted EPS from continuing operations before special items increases 22% The Company announced the divestiture of its ADT Korea security business and completed the sale of its minority interest in Atkore International The Company's Board of Directors approved an ... 
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04/15/14Tyco Joins the Industrial Internet Consortium
NEUHAUSEN, Switzerland, April 15, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced that it has joined the Industrial Internet Consortium (IIC), the nonprofit organization launched last month to catalyze and coordinate the priorities and enabling technologies of the Industrial Internet. "We are excited to be an early member of this visionary group," said George Oliver, Tyco's Chief Executive Officer. "As the leader in the fire protection and security industry, and with technologies and in... 
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04/09/14Tyco Completes Sale of Remaining Interest in Electrical and Metal Products Provider Atkore International
NEUHAUSEN, Switzerland, April 9, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) announced today that its remaining stake in Atkore International, the company's former electrical and metal products business, has been redeemed by Atkore in a cash transaction valued at approximately $250 million. Tyco previously sold a majority interest in Atkore to Clayton, Dubilier & Rice, LLC, in 2010. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides... 
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04/07/14Tyco Names Brian Young Senior Vice President, Global Enterprise Sales
NEUHAUSEN, Switzerland, April 7, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) announced today the appointment of Brian Young as Senior Vice President, Global Enterprise Sales.  In this newly created role, Mr. Young will lead the development of the sales function across the company's business lines globally and will have direct management responsibility for Tyco's Retail Solutions and Global Accounts businesses. Most recently, Mr. Young served as Vice President, Global Sales Operations, for 3M.  He repo... 
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03/27/14Tyco to Report Second Quarter Earnings April 25, 2014
NEUHAUSEN, Switzerland, March 27, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) will issue a press release reporting its results for the second fiscal quarter of 2014 before trading begins on Friday, April 25, 2014.  A conference call for investors will begin at 8:00 a.m., Eastern time (ET), and can be accessed in the following ways: Live via webcast – through the Investor Relations section of Tyco's website at  http://investors.tyco.com, Live via telephone (for "listen-only" participants and th... 
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03/06/14Tyco Shareholders Approve All Proposals at Annual General Meeting
Tyco Board Declares Quarterly Dividend Payment NEUHAUSEN, Switzerland, March 6, 2014 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) announced today that its shareholders approved all proposals presented at the Company's Annual General Meeting held on March 5, 2014, including the election of all director nominees. Shareholders also approved an annual dividend of $0.72 per share, representing an approximate 13% increase over the current dividend of $0.64. Payment of the dividend is to b... 
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03/04/14Tyco to Present at the J.P. Morgan Aviation, Transportation & Industrials Conference
NEUHAUSEN, Switzerland, March 4, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) Chief Executive Officer George Oliver will speak at the J.P. Morgan Aviation, Transportation & Industrials Conference in New York on Wednesday, March 12, 2014, at 8:00 a.m. Eastern Time.  A live webcast of the presentation will be available on the company's website at: http://investors.tyco.com/. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than thr... 
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03/03/14Tyco Board Increases Share Repurchase Authorization to $2 Billion
NEUHAUSEN, Switzerland, March 3, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced that its Board of Directors approved an additional $1.75 billion authorization for share repurchase.  This is in addition to the remaining $250 million authorization, bringing the total share repurchase authorization to $2 billion.  The company expects to repurchase shares from time to time based on market conditions.  ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and secu... 
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03/03/14Tyco Agrees to Sell its Security Business in South Korea to The Carlyle Group for $1.93 Billion
NEUHAUSEN, Switzerland, March 3, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced that it has signed a definitive agreement to sell Tyco Fire & Security Services Korea Co. Ltd. and its subsidiaries (ADT Caps Co., Ltd., Capstec Co., Ltd. and ADT Security Co., Ltd.) that form and operate the Company's South Korean security business ("ADT Korea") to The Carlyle Group (NASDAQ: CG), in a cash transaction valued at approximately $1.93 billion.  The transaction is expected to close in Tyco's fisca... 
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02/18/14Tyco International to Host 2014 Annual General Meeting of Shareholders
NEUHAUSEN, Switzerland, Feb. 18, 2014 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) will host its 2014 Annual General Meeting of shareholders on March 5, 2014, at 3:00 p.m. Central European Time (CET) at the Park Hyatt Zurich, Beethoven-Strasse 21, 8002, Zurich, Switzerland.  During the meeting, shareholders will vote on the proposals previously published in the Invitation to the Annual General Meeting and contained in materials first sent to shareholders on or about January 16, 2014.   ... 
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02/07/14Tyco to Present at Barclays Capital Industrial Select Conference
NEUHAUSEN, Switzerland, Feb. 7, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) Chief Executive Officer George Oliver will speak at the Barclays Capital Industrial Select Conference in Miami on Thursday, February 20, 2014, at 2:10 p.m. EST.  A live webcast of the presentation and supporting materials will be available on the company's website at: http://investors.tyco.com/. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than ... 
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01/31/14Tyco Reports First Quarter 2014 Earnings From Continuing Operations Before Special Items Of $0.47 Per Share And GAAP Earnings Of $0.57 Per Share
NEUHAUSEN, Switzerland, Jan. 31, 2014 /PRNewswire/ -- Revenue of $2.65 billion increases 2%, with 1.5% organic growth Before special items, segment operating income increases 9% and operating margin improves 80 basis points to 13.3% Diluted EPS from continuing operations before special items increases 15% The Company completes the acquisition of Westfire, Inc. The Company repurchases 6.6 million shares for $250 million (Income and EPS amounts are attributable to Tyco common sha... 
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01/28/14Tyco Names Stephen Wasdick Vice President Of Global Communications
NEUHAUSEN, Switzerland, Jan. 28, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced the appointment of Stephen Wasdick as Vice President, Global Communications. In this role, Mr. Wasdick serves as the company's chief communications officer, with global responsibility for external communications, media relations, internal communications, marketing, web and social media strategies. He also serves on the company's Executive Council. Based in Princeton, N.J., he reports to Judith Reinsdorf, Execu... 
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01/17/14Tyco To Present At Cowen and Company's Aerospace/Defense & Transportation Conference
NEUHAUSEN, Switzerland, Jan. 17, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) Chief Executive Officer George Oliver will speak at the Cowen and Company 35th Annual Aerospace/Defense & Transportation Conference in New York, N.Y., on Thursday, February 6, 2014, at 10:30 a.m. ET.  A live webcast of the presentation and supporting materials will be available on the company's website at: http://investors.tyco.com/. ABOUT TYCO Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security... 
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01/10/14Tyco Files Proxy Statement and Proposes Election of New Directors
NEUHAUSEN, Switzerland, Jan. 10, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) today announced in its definitive proxy statement that it has nominated Herman Bulls and Jürgen Tinggren for election to its Board of Directors at the company's Annual General Meeting on March 5, 2014. Mr. Bulls, 57, is Chairman of Jones Lang LaSalle's Public Institutions specialty practice, which he founded, and also serves as International Director of Global Markets for the company, focusing on client relationships and m... 
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01/02/14Tyco To Report First Quarter Earnings January 31, 2014
NEUHAUSEN, Switzerland, Jan. 2, 2014 /PRNewswire/ -- Tyco (NYSE: TYC) will issue a press release reporting its results for the first fiscal quarter of 2014 before trading begins on Friday, Jan. 31, 2014. A conference call for investors will begin at 8:00 a.m. EST.  The call can be accessed in the following ways: CONFERENCE CALL AND WEBCAST At Tyco's website: http://investors.tyco.com. By telephone: For both "listen-only" participants and those participants who wish to take part in the... 
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