Tyco International may be best known as a poster-child of the corporate accounting scandals of the early 2000s. After all, the company's deal-addicted CEO Dennis Kozlowski and CFO Mark Swartz landed ...
Former Tyco International Ltd. chief executive Dennis Kozlowski indulged his lavish tastes — including a $6,000 shower curtain — with millions in company money and much of it was not reported to ...
Jurors were shown an expurgated videotape Tuesday of women in gauzy gowns, half-naked male models and "Margaritaville" singer Jimmy Buffett at a $2 million party that former Tyco chief Dennis ...
BIRMINGHAM, Ala.—It's like the United Nations of security at Tyco's new Global Center of Excellence. Walk through the office and you'll hear engineers speaking Chinese, Russian and Arabic. Fourteen ...
NEW YORK (AP) -- Fire protection and security company Tyco International Ltd. lost $419 million in its fourth quarter, mostly because of a loss on debt extinguishment and tax-related items. Last month ...
A former Tyco International Ltd. director told a New York jury Tuesday that he didn’t closely scrutinize company public filings, including annual proxy statements to investors, saying he “relied on ...
Now that the verdict is in, the question remains: Was the law broken? It's fair to say that Kozlowski and Swartz abused many corporate prerogatives and that they invented new ones just so they could ...
NEUHAUSEN, Switzerland—Tyco's acquisition of fire protection company Westfire, announced this morning, “aligns well with the company's internal strengths,” Jeff Kessler, managing director of ...
Ten years ago, the CEO of security and fire-protection firm Tyco said the company would split up for the good of shareholders. But within a week, a scandal tore through the company, plunging Tyco into ...
DETROIT – Tyco International Ltd. (TYC) on Friday unveiled plans to split into three separate, publicly traded companies early next year, marking a break-up of the sprawling $61 billion conglomerate.