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On July 30, Tyco International released its third-quarter earnings report for fiscal 2009. The company reported $4.2 billion in revenue for the quarter, and 58¢ in earnings per share (EPS). Both numbers were less than the figures reported in the third quarter a year ago—no surprise given the economy—but they were high enough to cheer Chief Executive Officer Ed Breen and at least some of the analysts on Wall Street.
Source: Purchasing
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