Security News Archives

An international consulting firm hired to review the North Carolina Highway Patrol says the agency needs to improve its management, especially in ethical training. via WITN

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TRENTON, N.J. -- Tyco International Ltd. has agreed to pay New Jersey $73 million to resolve state charges of securities fraud. via Daily Record

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New York's highest court says the Department of Correctional Services cannot impose post-release supervision on inmates as they exit prison when a court neglected to. via Newsday.com

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Tyco International Ltd. today announced that it had received, as of 5:00 p.m. New York time, on April 28, 2008, consents from the holders of a majority in principal amount of each series of outstanding notes ... via KVOA-TV Tucson

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Taser International Inc. , the developer of electronic control devices for use in the law enforcement and personal defense, said this morning that it is launching a share buyback program in which it will ... via All Stories

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Union officials disputed a claim by the secretary of the Maryland Department of Public Safety and Correctional Services that "very compelling evidence" was gathered during an investigation into excessive force ... via WMDT-TV Salisbury

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WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino. via Earth Times

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San Diego firms Qualcomm and DriveCam said today that the two companies are in a deal for DriveCam to license Qualcomm's CDMA2000 telematics modules. via SocalTECH.com

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“Overall gross margin was 25 per cent, compared with 22.1 per cent last quarter and 17.8 per cent last year, and the strongest ever for the company”

- Garda World Security Corp. (TSX:GW) confounded critics of last year's acquisition of a U.S. cash logistics business by reporting a 40 per cent increase to quarterly profits that prompted its share price to surge Wednesday.

"We've once again done the job," company founder and CEO Stephan Cretier said in an interview Wednesday. "Today people are seeing the results and maybe starting to imagine what it can maybe become in the next two years."

The results prompted Garda's shares to surge by nearly 16 per cent. The stock closed up $2.06 at $14.99 on the Toronto Stock Exchange. Read more

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LoJack Corporation announces the following webcast for its first quarter 2008 results on Wednesday, April 30: What: LoJack Corp. via The Auto Channel

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“We are extremely pleased to be able to work with a customer of the stature and industry leadership as Securitas in one of our primary markets.”

ATLANTA, April 22 /PRNewswire-FirstCall/ -- ForgeHouse, Inc. today announced that Securitas Security Services USA, Inc. via Earth Times

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By Bronwyn Gerretsen Fraudster Schabir Shaik is back in Durban's Westville Prison, after being admitted to hospital earlier this month. via Independent Online

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“PowerKey has earned a respectable brand name in this industry and achieved success with dealers, distributors and fleet management providers. We anticipate that I.D. Systems will be able to capitalize on all of these assets.”

I.D. Systems, Inc. , a leading provider of wireless asset management solutions, today announced that it has acquired PowerKey, the industrial vehicle monitoring products division of International Electronics, ... via Wireless Developer Network

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SCOTTSDALE, Ariz., April 17, 2008 -- TASER International, Inc. , a market leader in advanced electronic control devices released the following NEWS ALERT: According to an article which appeared on the Portland ... via PrimeNewswire

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The ACLU is suing Nebraska prison officials on behalf of two inmates who want to get married, so they'll be able to associate with each other after their release. via KLKN-TV Lincoln

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“We're very confident that we took all the right risk reduction actions”

Lockheed Martin Corp has spent a significant amount to make its bid for a $15 billion contract for a fleet of combat search and rescue helicopters more attractive by making it less risky, a top official told ... via WTNZ-TV Knoxville

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“You are going to be probably more cautious than you otherwise would be.”

Executives at several top diversified manufacturers said on Thursday they are starting to see signs of the slowing economy taking a toll on business, tempering their outlook for 2008. via Boston.com

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Hamilton Sundstrand, a supplier of technologically advanced aerospace and industrial products and a subsidiary of United Technologies Corp , announced on Wednesday that Boeing Integrated Defense Systems has ... via M2.com

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“You continue to have some mixed earnings and plenty of cross currents. In light of yesterday's rally, it's positive that we are flat, but there's not a lot of conviction”

The Dow and the S&P 500 closed little changed on Thursday as a strong performance by IBM took the sting out of cautious outlooks from eBay and United Technologies, allowing investors to hold onto gains racked ... via WTNZ-TV Knoxville

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United Technologies Corp., which makes Otis elevators, Sikorsky helicopters and Carrier air conditioners, said Thursday its first-quarter earnings rose 26 percent as the weak dollar boosted profits throughout ... via The Age

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Diversified manufacturer Tyco International Ltd. said Wednesday it has agreed to sell its U.K.-based Ancon Building Products business to Irish building materials producer CRH PLC for about $174 million. via International Business Times

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“The RD AMROSS team is tremendously proud of the continuing success of the ULA Atlas V program and use of the RD-180 booster engine”

Pratt & Whitney Rocketdyne and RD AMROSS, LLC successfully powered the launch yesterday of an Atlas V rocket on a mission to deliver a commercial communications satellite into orbit. via Earth Times

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“FirstService is primed and ready to invest in our growth through global expansion opportunities in our three core service platforms”

FirstService Corp. is selling its security division to a unit of Tyco International for net proceeds of $140-million in cash as it focuses on its core real estate business. via The Globe and Mail

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Louis R. Chenevert has formally succeeded George A. L. David as chief executive officer of United Technologies Corp. , Connecticut's largest private employer.

Meeting in Quebec, Canada, UTC's board elected Chenevert, 50, prior to today's annual shareholders meeting, which starts at 2 p.m.

Chenevert, a native of Canada who is now a U.S. citizen and lives in Farmington, was UTC's President and Chief Operating Officer for the last two years. He will remain president. He was previously president of Pratt & Whitney. Read more

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Tyco International Ltd. , a diversified manufacturing conglomerate, will have to pay $250 million to settle lawsuits. via Huliq.com

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“Investment bankers are high-fiving”

Tyco International said on Friday it has agreed to pay bondholders $250 million under a preliminary settlement of a widely watched dispute over its restructuring into three separate entities last year. via WTNZ-TV Knoxville

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HAGERSTOWN - A state workers union says two correctional officers who were recently fired in a brutality investigation have been reinstated. via The Daily Times

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The following product safety recall was voluntarily conducted by the firm in cooperation with the CPSC. via WTOL-TV Toledo

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The U.S. Consumer Product Safety Commission announced the voluntary recall of about 3,000 Gamewell-brand fire alarm control panels due to a safety hazard. via The Post Chronicle

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“The markets are pricing in a scenario in which the swoon is worse than expected. The markets are worried about the extent and duration of the recession”

Stocks fell on Wednesday after United Parcel Service Inc slashed its earnings forecast and oil prices hit a record high above $112 per barrel, darkening the outlook for corporate results. via WNED.org

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A major quarry operator in the region is operating under new ownership. Eastern Industries Inc. via Easton Express-Times

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“I always felt uncomfortable when he was doing that”

Last fall, in an interview with New York magazine, a former Citigroup executive called George David 'a rock star.'

For many people on Wall Street, the outgoing chief executive of United Technologies Corp.

neatly fits the bill: In 14 years as CEO, he's made money by the hundreds of millions, raced his own sailboat across oceans and wed a countess half his age. To 225,600 people around the world - nearly twice the population of Hartford - David is the boss.

But unlike some CEOs of his stature, David isn't a household name, even in his hometown. Cultivating renown has never been his game. The man with the Midas touch has always preferred talking productivity to posing for the press. Read more

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“Philosophically, the big thing that we wanted to avoid was an atmosphere of retaliation, where inmates would do something, staff would retaliate, then inmates would retaliate, then things would spiral downhill”

Kunta Kenyatta struggles to describe the 33 months he spent in the tight four walls of a super-maximum security cell at the Ohio State Penitentiary.

'It's extreme isolation, sensory deprivation. It's hard to explain really,' said Kenyatta, 39, out since 2001.

Supermax prisons _ where inmates spend roughly 23 hours a day locked in soundproofed cells _ were trendy when Ohio cut the ribbon on its angular, steel-bedecked penitentiary April 9, 1998.

A decade later, the winds favoring ultrasecure incarceration have shifted. Read more

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The state prison agency says it has fired nine correctional officers in an investigation of alleged brutality against an inmate at Roxbury Correctional Institution near Hagerstown.

At least eight of the officers had previously been recommended for firing for their alleged involvement in the beating of an inmate on March 8th and 9th.

The Department of Public Safety and Correctional Services says it also is investigating alleged assaults on seven inmates at the North Branch Correctional Institution near Cumberland on March 6th. Read more

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“We vociferously dispute the charges in the lawsuit, and we'll make our case in court”

Eight immigrant teenagers held at a facility for unaccompanied minors filed a federal lawsuit Thursday claiming they were abused and denied access to attorneys. via KRISTV.COM Corpus Christi

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“The PW545C is the most recent example in our strategy to continually innovate and build on the great dependability of our market-leading engine families”

Pratt & Whitney Canada has received type certification from Transport Canada for its new PW545C turbofan engine to power the Cessna Citation XLS+ business aircraft. via WebWire

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“I won't say the radio station is wrong. "We are not allowed to comment until they (the correctional services department) tell us.”

Convicted fraudster Schabir Shaik has been readmitted to Durban's Inkosi Albert Luthuli Hospital with health problems related to his blood pressure. via Daily News

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“It's been going around Peterborough and Durham, which are our catchment areas”

The Central East Correctional Centre in Lindsay has been under lockdown since Thursday as staff work to contain a stomach flu outbreak, officials say. via Brock Citizen

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