Love may mean never having to say you're sorry. But the once scandal-ridden company Tyco (TYC) has made amends with investors for its numerous financial indiscretions.
Tyco was the textbook case of a company that took on too many dance partners. Following an acquisition binge, the company has since spun off several units -- such as electronics and health care equipment.
What's left of Tyco is a rapidly growing, pure play fire protection and security products and services firm. Profits are expected to rise nearly 20% this year.
The days of $6,000 shower curtains, bacchanalian birthday parties on the company's dime and accounting fraud are behind Tyco.
