More on Tyco (TYC -1.4%) FQ4: swings to net loss of $629M from profit of $174M a year earlier in...

|About: Tyco International Ltd. (TYC)|By:, SA News Editor

More on Tyco (TYC -1.4%) FQ4: swings to net loss of $629M from profit of $174M a year earlier in its first report following its split into three companies. Earnings were hurt by one-time charges of $785M, including retirement of $453M in debt, as well as break-up costs. Organic revenue +1%, with products sales +9% and services +2% but installation -4%. (PR)