S&P Ratings and Moody's cut Tyco 's ( TYC ) short and long term debt. New York prosecutors are pursuing a broader probe into whether Tyco repeatedly used its money to buy homes and artwork for several corporate officials without disclosing it to shareholders, according to press reports. Tyco also says its CIT IPO may be pushed out into July. S&P reiterated avoid, and JP Morgan cut to market perform from buy. The Yankee Candle ( YCC ) raised $0.04-$0.05 Q2 EPS estimate to $0.09-$0.10 on stronger than expected sales growth of 26%-28%. Morgan Stanley raised estimates.