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Johnson Controls Jumps 3% Following Q2 Earnings Beat, Says Merger With Tyco Will Close In October
Thursday, April 21, 2016 - 10:45am | 252Shares of Johnson Controls Inc (NYSE: JCI) were trading higher by more than 3 percent Thursday morning after the company reported its second quarter results. Johnson Controls said it earned $0.86 per share in the second quarter on revenue of $9.0 billion. Wall Street analysts were expecting the...
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Tyco Up 7% Following Johnson Controls Merger Agreement
Monday, January 25, 2016 - 9:05am | 313Johnson Controls Inc (NYSE: JCI) has entered into a definitive merger agreement with Tyco International plc (Ireland) Ordinary Share (NYSE: TYC). Shares of Johnson Controls were trading lower by 0.27 percent at $35.50 early Monday morning, while shares of Tyco were higher by more than 7 percent...
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Why Did Johnson Controls Suddenly Decided To Separate Its Automotive Business?
Wednesday, June 10, 2015 - 12:50pm | 375Johnson Controls Inc (NYSE: JCI) announced on Wednesday that it is considering separating its automotive business unit, following which shares of the company gapped up at the opening and continue to trade higher. Alex Molinaroli, Johnson Controls chairman, president and CEO, was on CNBC to...
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Johnson Controls CEO On The Shift To A Multi-Industrial Company Beyond Automotives
Monday, April 27, 2015 - 3:41pm | 371Once known for being a major automotive supplier, Johnson Controls Inc (NYSE: JCI) has now transformed itself into a multi-industrial company. Alex Molinaroli, Johnson Controls CEO, was on CNBC Monday to talk about this transformation. Transformation "I am mostly worried about things that...
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Johnson Controls CEO: Commercial Construction Business Is Coming Back
Thursday, December 4, 2014 - 10:26am | 311Johnson Controls Inc (NYSE: JCI) has had a rough ride this year However, that’s mostly due to the slump the stock saw between July and mid-October; The stock has recovered more than 25 percent from its mid-October lows. With oil prices going down and forecast for auto sales increasing on...