WARRENDALE, Pa.—Barry Bruce, recently hired as senior vice president at Guardian Protection Services, will be responsible for leading a multi-dimensional inside sales center at the company, according to a Guardian statement.
BOCA RATON, Fla.—The Florida Atlantic University athletics department recently received a gift of $500,000 for its stadium from ADT, according to a company statement.
BOCA RATON, Fla.—ADT recently announced the appointment of Keith Meister, the founder and managing partner of Corvex Management LP, to the company’s board of directors, according to a company statement.
BOCA RATON, Fla.—A technician with a home security company was charged with larceny after attempting to steal more than $40,000 worth of jewelry during an alarm installation, according to a report by the Sun Sentinel of Fort Lauderdale.
ADT CEO Naren Gursahaney said recently that it’s not a “moonshot,” and Honeywell Security Products President Scott Harkins said his company shared the expectation that it could happen. But given that the rate has hovered at 20 percent for years, is it realistic to believe it can be doubled? Or is that just optimism from the corner office?
Security companies often tout to customers how a connected home lets you to do things at home when you’re away, such as unlocking the door for the UPS person to deliver a package and being able to see, while sitting at work, whether the kids got home safely from school.
NEW YORK—Investment analysts at Citigroup began coverage on shares of ADT in a note issued on Monday to investors, according to multiple reports. The firm set a “buy” rating and a $48.00 price target on the stock.
ELMWOOD PARK, N.J.—Safe Streets USA, based here, has purchased CTS Protective Services of Rossville, Ga., according to a press release from the Davis Group, who facilitated the sale.
