Tag: Nicholas Heymann
This Blog's on Fire (And Other Stuff)
More on activist investor Ackman and ADT
July 17, 2013Tess Nacelewicz
There was additional speculation this week about whether activist hedge-fund manager William Ackman is intending to take a stake in The ADT Corp. An article in The New York Times said that his investing in the home security/home automation giant is more likely than his buying into FedEx, another company he is rumored to be considering.
The article said that's basically because Ackman would have less say in FedEx, a much larger company than ADT, where he could wield greater influence.
There's...
This Blog's on Fire (And Other Stuff)
Wall Street likes the new ADT
October 2, 2012Tess Nacelewicz
Yesterday marked the first day of trading on the New York Stock Exchange for The ADT Corp., the new name for independent ADT post its split with Tyco International. It did well on the market, according to news reports.
Here's more from Dow Jones Newswires:
Tyco International Ltd (TYC) and spinoff [The] ADT Corp. (ADT) received warm receptions from the market during their first day of trading as slimmed-down companies focused on different parts of the market for building security and safety.
Fire-protection-and-suppression...