Tyco's most recent trend suggests a bearish bias. One trading opportunity on Tyco is a Bear Call Spread using a strike $41.00 short call and a strike $46.00 long call offers a potential 9.65% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock rose above the $46.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tyco is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Tyco is bearish.
The RSI indicator is at 52.28 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tyco
Tyco to move to Ireland as Swiss tighten laws on CEO pay, immigration
Fri, 02 May 2014 17:40:34 GMT
Reuters – Security systems maker Tyco International said its board had approved a proposal to move the company's headquarters to Ireland from Switzerland, citing recent Swiss laws capping executive pay and tightening immigration rules. Under a proposal called Minder Initiative, Switzerland is pushing public companies to allow shareholders to give a binding vote on executive pay amount, veto executive pay proposals and ban big rewards for new and departing managers. “Recent changes to Swiss law impacting regulatory environment are of great concern to us,” Tyco spokesman Steve Wasdick told Reuters.
TYCO INTERNATIONAL LTD Financials
Fri, 02 May 2014 17:04:09 GMT
[$$] Tyco Plans to Move to ‘Business Friendly' Ireland
Fri, 02 May 2014 12:35:18 GMT
Tyco International Proposes to Move its Global Headquarters to Ireland from Switzerland
Fri, 02 May 2014 12:00:00 GMT
PR Newswire – NEUHAUSEN, Switzerland, May 2, 2014 /PRNewswire/ — Tyco International Ltd. (TYC) today announced that its Board of Directors has approved a proposal to change the company's place of incorporation from Switzerland to Ireland. Tyco expects to ask shareholders to vote on the proposal at a special general meeting of shareholders. “After a thorough review, our Board has concluded that a move to Ireland is in the best interests of Tyco's shareholders,” said Tyco Chief Executive Officer George Oliver. Ireland's business-friendly atmosphere and its well established legal and regulatory framework and corporate governance standards provide Tyco with the most favorable conditions for maximizing returns for shareholders over the long term, and this move is a logical next step in building on our expanded presence in Ireland.”
Tyco Declares Quarterly Dividend
Thu, 01 May 2014 13:00:00 GMT
PR Newswire – NEUHAUSEN, Switzerland, May 1, 2014 /PRNewswire/ — Tyco International Ltd. (NYSE: TYC) today announced that its Board of Directors has declared a quarterly dividend of $0.18 per share, payable on August …
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