Teledyne taps energy sector with buyout

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By Stephen Nellis / Friday, March 2nd, 2012 / Comments Off on Teledyne taps energy sector with buyout

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[wikichart align="right" ticker="NYSE:TDY" showannotations="true" livequote="true" startdate="02-09-2011" enddate="02-03-2012" width="300" height="245"] Teledyne Technologies is continuing to guard against cuts in defense spending and deepening its investment in the oil and gas business with the purchase of a Canadian firm. Teledyne, a Thousand Oaks-based industrial and defense conglomerate that had revenues of $1.9 billion and net income of…

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