Nov 10 · 10:41:00 AM · Source: Company News Release

Tyco International Tuesday said its fiscal fourth quarter earnings were $205 million, or 43 cents a share, down from $434 million, or 91 cents, a year earlier. Excluding items such as restructuring charges, earnings from continuing operations fell to 61 cents from 81 cents. Revenue fell 16% to $4.4 billion and 12% on an organic basis, which usually excludes acquisitions, divestitures and currency exchange.
Results top Wall Street expectations.

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by Larry Etter