Ari Fleischer, President Bush's spokesman, said the goal of the executive action is to "provide a safety valve" if any national security issues might arise by releasing past presidential records.

CNN: Bush aides move to put hold on some papers of past presidents

Tyco (NYSE:TYC) spun off its ADT Corp. (NYSE: ADT) alarm security business as a separate public company on October 2 after selling its pipe and valve business earlier this year to pump maker Pentair.

FORBES: Corporate Castoffs Can Be Keepers