Tag: George Soros
This Blog's on Fire (And Other Stuff)
Billionaires bet on ADT
March 20, 2013Tess Nacelewicz
I've been writing here about the sunny outlook for The ADT Corp. stock since the newly independent company began publicly trading last fall after spinning off from Tyco International. But don't just take my word for it—apparently 10 billionaires also think ADT is a good investment.
Gurufocus.com, a web site that's oriented toward value investing, noted this week that 10 billionaire investors have all recently invested in Boca Raton, Fla.-based ADT.
Here's more from what...
This Blog's on Fire (And Other Stuff)
ADT makes RMR forecast
November 27, 2012Tess Nacelewicz
The ADT Corp., which just became independent in September, says its Pulse product is doing so well that it predicts that recurring revenue will grow by 4.9 percent to 5.2 percent in fiscal year 2013, the company said this week in a report on its Q4 and fiscal year 2012 results.
“We delivered solid recurring revenue growth fueled by the continued success of Pulse in the residential and small business security markets,” ADT CEO Naren Gursahaney said in a statement. “Our focus for...