Tuesday, May 8, 2007

UPDATE 1-Tyco quarterly profit falls

(Reuters) - Net earnings fell 6.7 percent to $835 million, or 41 cents per share, in Tyco's fiscal second quarter, from $895 million, or 43 cents per share, a year earlier.

Excluding discontinued operations and charges Tyco's separation and restructuring, earnings from continuing operations were 49 cents cents per share, beating analysts' average forecast by 2 cents, according to Reuters Estimates.


Read more at Reuters.com Bonds News

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