NEW YORK - A string of good news for investors has come from Tyco International over the past month, including announcements of financing arrangements, a new financial officer at the Fire and Security division and the results of a long-awaited accounting investigation.
Ã¢â‚¬Å“Big picture-wise for Tyco, everything has been coming up roses,Ã¢â‚¬Â said Jack Mallon, an industry analyst.
BOCA RATON, Fla. - Charging that ADT Security Services breached its contract when it informed dealers in August 2002 that it was limiting the number of qualified accounts it would purchase, a New Jersey dealer has filed a class action complaint seeking unspecified damages.
WOOD DALE, Ill. -With its largest acquisition to date, a low-voltage systems contracting firm based here is working toward its strategy of becoming a dominant player in the Midwest by concentrating on acquiring small scale companies and blocks of accounts.
TOPEKA, Kan. -Despite a high-profile shakeup in the leadership of Westar Energy, led by the indictment of the companyÃ¢â‚¬â„¢s chief and the resignation of an executive vice president, officials at Protection One said those changes at its corporate parent will have little effect on its own operations.
LEAGUE CITY, Texas -A provider of bundled digital services and security and home automation systems has secured a three-phase funding agreement to provide approximately $50 million for its digital services plan.
Eagle Broadband, based here, expects to receive the funding over the next two to four years, with the initial funding from phase two to be received by the end of the year, company officials said.
WEST ROCKPORT, Maine -A family run installation company here that has spent the last 20 years increasing its coverage area within the state has expanded its operations in two growing areas of Maine with additional staff.
With the creation of two new full time positions, Seacoast Security has a presence in the six different regions of the state.
John Bergher, EVP of marketing and customer care for Sacramento, Calif.-based GHS Interactive Security, talks to Tess about the partnership GHS formed this spring with Solar Universe to offer homeowners a solution combining security, home automation and solar.