UPDATE: Tyco International Posts Drop In Q3 Profit

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Tyco International Ltd
TYC
reported a decline its third-quarter net earnings. Tyco's quarterly net earnings dropped to $242 million, or $0.51 per share, versus $359 million, or $0.76 per share, in the year-ago period. Its earnings from continuing operations, excluding items, came in at $1.01 per share. Tyco shares closed at $53.78 yesterday.
Posted In: EarningsNewsEarnings
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