Company: Tyco International

(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> struck a deal to buy electrical equipment maker Cooper Industries Plc <CBE.N> for $11.8 billion in cash and stock and said it would shift its incorporation to Ireland to save on taxes.

NEW YORK (Reuters) - Former Tyco International <TYC.N> Chief Financial Officer Mark Swartz, who is serving a prison sentence for looting the company, has sued for $60 million in retirement and other money he says he is owed.

NEW YORK (Reuters) - Former Tyco International <TYC.N> Chief Financial Officer Mark Swartz, who is serving a prison sentence for looting the company, has sued for $60 million in retirement and other money he says he is owed.

NEW OFFERING: AT&T Inc. will start selling home automation and security services nationwide. The installations and services will be sold in AT&T stores.

AT&T Inc. will start selling home automation and security services nationwide, taking on incumbents led by Tyco International Ltd.'s ADT.

Imprisoned Ex-Tyco CEO Dennis Kozlowski begged for mercy from a parole board last week, before learning later that his plea had been rejected, a newly-released transcript of the proceeding showed Wednesday, USA Today reports.

Stocks eased off their worst levels but still finished lower Wednesday, led by materials and energy, amid worries over weakness overseas.

U.S. stock index futures turned flat after durable goods orders rose less than expected, but still struggled to hold gains after more dovish talk from Federal Reserve Chairman Ben Bernanke.

Large, multinational conglomerates considering a crash diet may want to think twice if they wish to reward shareholders: the argument that smaller is better is a little less persuasive these days.

The nation’s oldest operating toy store, FAO Schwarz, is turning 150 years old this year. To commemorate this milestone, the company has assembled a collection of more than 20 iconic toys spanning the decades that customers can view at its Fifth Avenue store in New York until April 10.

Huge pay packages such as retention deals and bonuses for incoming, current, and even exiting CEOs have critics calling corporate boards "tone deaf," USA Today reports.