Tag: New York Stock Exchange

MORRISTOWN, N.J.—Honeywell International reported a stronger quarterly profit as it cut costs and sold more security systems for buildings and turbochargers for cars and trucks, nudging its shares to a lifetime high, according to a recent Thomson Reuters report.The 13 percent increase in profit, helped by higher margins and a lower tax bill, beat analysts' expectations and the company raised the lower end of its full-year profit forecast, the July 19 report said.Honeywell, which also supplies...

I'm in the Big Apple to cover a ceremony tomorrow morning in which the newly independent ADT will ring the bell at the New York Stock Exchange. While walking around today, I've been noticing that many businesses here display a small octagonal blue ADT sign in the corner of their windows. But that sign really hit me in the eye today when I went to check out the NYSE on Wall Street. A huge white banner bearing the trademark blue ADT sign was stretched across the stately columns that mark the entrance...

I reported yesterday that The ADT Corp. had done well on the New York Stock Exchange on its first day Monday as a publicly traded company. The positive trading news seems to be continuing today. ADT's stock was trading at $38.96 just after 2:30 p.m. today. It opened at $36, according to news reports. To celebrate its first week as an independent company, Boca Raton, Fla.-based ADT is also gearing up for a ceremony this coming Monday, Oct. 8. That's when the company, which has nearly 6.4 million customers...

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...

Officially, ADT's split from Tyco International took place last Friday, with the distribution of shares to stockholders. But today, Monday, Oct. 1, is officially the home security giant's first operating day as an independent company trading on the New York Stock Exchange. Here's more from the new release the Boca Raton-based company sent out to mark the momentous occasion: The ADT Corporation, a leader in the electronic security, interactive home and business automation and alarm monitoring services...

The big development we're all awaiting in the industry is ADT parent company Tyco International's split into three independently traded companies as of Oct. 1: The ADT Corp., Tyco Fire and Security and Tyco Flow Control International, which will be renamed Pentair Ltd. In advance of the split, Tyco put out a news release this week announcing that Sept. 28 will be the date that distributions of equity interests in The ADT Corp. and Flow Control will be made to shareholders. Those two companies “are...

NEW YORK—Even for a security practitioner whose education and work experience is based mostly in technology, being successful in the security industry is a balance of business sense combined with a touch of finesse, according to John De George. Over the course of his career, De George has worked for security manufacturers, as a systems integrator, as a security practitioner for the New York Stock Exchange, and on Jan. 17, De George made another career switch, joining consulting firm Ducibella...