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The case of a Tyco (NYSE:TYC) whistleblower who claims he was fired for refusing to sign off on an extravagant party reminiscent of one thrown by now-jailed Tyco CEO Dennis Kozlowski returns to court tomorrow in front of a federal judge in Philadelphia.Jeffrey Wiest, a former accounts payable manager with Tyco outside Harrisburg, Pa., sued the company, saying he was fired in 2009 after 31 years with the electronics giant because he questioned $350,000 in expenses tied to a 2008 trip to the Bahamas for 81 Tyco employees.Wiest's case is being closely watched by attorneys from both sides of the whistleblower aisle: those representing whistleblowers and those representing companies accused of retaliation.The Tyco excursion, which the company has argued was an incentive bonus for top sales people and a justifiable business write-off, included costumed mermaid greeters, pirate wenches and tattoo artists."The first thing that went through my mind when I saw the invoice was the party in Sardin...
In the past year, defense company SAIC Inc has shrunk the office space it either owns or leases by 306,000 square feet (28,428 sq meters), the size of about five foo...
A judge has ruled that Dennis Kozlowski, the jailed former CEO of Tyco (NYSE:TYC), is entitled to another parole hearing that could set him free sooner than expected...
Home security alarm service ADT Corp. (ADT) will purchase about $900 million worth of its stock over the next six months, as it accelerates a stock repurchase progra...
Tyco International Ltd.'s (TYC) fiscal first-quarter earnings sank 49% as the company faced a tough comparison with a year-earlier period buoyed by discontinued oper...
Tyco International Ltd. [s:tyc] said Tuesday its first-quarter income fell to $163 million, or 34 cents a share, from $322 million, or 69 cents a share, in the year-...
Tyco International (NYSE:TYC) urged shareholders on Friday to approve a 7% increase in its annual dividend to 64 cents, saying the move would align with its strategy...
Tyco International Ltd. said Friday it will ask shareholders to appove a 7% increase in its dividend at the company's annual meeting on March 6. Tyco's board has rec...
SPX Corp is in exclusive talks to buy rival Gardner Denver Inc and hopes to finalize a deal by the end of the year, four people familiar with the matter said, in a m...
Ingersoll-Rand Plc is expected to announce as soon as Monday it will spin off its security division, two people familiar with the matter said, as the industrial cong...
Capping of its first quarter as an independent public company following its late September spinoff from Tyco International (NYSE:TYC), security systems maker ADT (NY...
Pentair Ltd. (PNR) gave a cautious view for per-share earnings next year, as the maker of water-treatment and storage systems' revenue forecast fell short of analyst...
Hurt by charges related to its recent breakup and weaker sales, Tyco International (NYSE:TYC) swung to a fourth-quarter loss on Wednesday and revealed a worse-than-e...
ADT Corp.'s (ADT) fiscal second-quarter profit edged up 1.9% as the security monitor reported slightly higher revenue and lower costs, although core earnings fell.Kn...
Earnings HQ: FBN’s Diane Macedo breaks down TYC ’s second-quarter earnings report.
Tyco International Ltd.'s (TYC) fiscal second-quarter earnings plunged nearly 78% as the company again faced a tough comparison with a year-earlier period buoyed by ...
U.S. stock market futures fell Friday as investors grew cautious ahead of an initial reading on U.S. growth data, due later. Earnings from Chevron Corp. and D.R. Hor...
Tyco International Ltd.'s (TYC) fiscal second-quarter earnings plunged nearly 78% as the company again faced a tough comparison with a year-earlier period buoyed by ...
Pentair Ltd.'s (PNR) first-quarter earnings fell 16% as acquisition charges and a sharp rise in input costs masked the water-treatment and storage-systems maker's sa...
PPG Industries Inc. (PPG) hired former Tyco International Ltd. (TYC) Chief Financial Officer Frank S. Sklarsky to succeed David B. Navikas, who will assume a yet-to-...
