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Tyco Flow Control Reports Third Quarter Earnings

Thursday, July 28, 2011  
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Revenue of $928 million increased 9% in the quarter. Organic revenue was flat for the quarter with growth of 8% in Valves and 23% in Thermal Controls offset by a decline of 31% in the Water business. Excluding the impact of foreign currency, orders increased 12% year-over-year and backlog increased 4% to $1.75 billion on a quarter sequential basis. More...

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