Best Regional Bank Companies To Buy Right Now: ADT Corp (ADT)
The ADT Corporation (ADT), incorporated on January 18, 2012, is a provider of electronic security, interactive home and business automation, and monitoring services for residences and small businesses in the United States and Canada. The Companys products and services include ADT Pulse interactive home and business solutions, and home health services. ADT provides business security intrusion detection, which protect the business from burglary, robbery and intruders. Its electronic access control limits unauthorized entry and employee access to the business, as well as complete access. Effective August 2, 2013, The ADT Corp acquired Devcon Security Services Corp, a provider of security protection services, from Devcon International Corp. In November 2013, Kastle Systems International announced that it had acquired Mutual Central Alarm Services and Stat-Land Security Systems from ADT Corporation.
The Company's video surveillance views events in multiple area s of facility, which has control over loss and oversees business. On October 1, 2012, the Company completed the acquisition of Absolute Security.Advisors' Opinion:
- [By John Divine]
Another victim of a weak earnings call, shares of security company ADT (NYSE: ADT ) lost 6.9% after posting profits that rose just 2%. Despite adding more than 300,000 new customers, revenue failed to meet expectations, coming in at $821 million -- analysts were calling for about $824 million. While today's slide was extreme, the company isn't exactly in major trouble. It just seems to be in a phase of slow, steady growth.
- [By Eric Volkman]
ADT (NYSE: ADT ) has secured a new round of shareholder payouts. The company declared a quarterly common stock dividend of $0.125 per share, to be dispensed on Aug. 21 to shareholders of record as of July 31. That amount is in line with all of the firm's preceding dist! ributions, the most recent of which was handed out in May.
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