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Stock Market & Financial Investment News

News Breaks
December 11, 2012
07:22 EDTJCI, AONEJohnson Controls would consider bidding again for A123, WSJ reports
Johnson Controls (JCI) wants the government to look closely at Wanxiang Groupís bid for most assets of bankrupt A123 Systems (AONE), reports the Wall Street Journal. Johnson says it would consider bidding again for A123 if Wanxiang fails to secure regulatory approval. Reference Link
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September 17, 2014
06:53 EDTJCIWhite House says companies taking steps to reduce HFCs emissions
The Obama Administration yesterday announced new private sector commitments and executive actions to reduce emissions of hydroflourocarbons, or HFCs, powerful greenhouse gases that contribute to climate change, the Shite House stated. Coca-Cola (KO) has set a goal for 100 percent of its newly purchased cold drink equipment to be HFC-free, .while DuPont (DD),, announced that its new products are anticipated to reduce greenhouse gas content of refrigerants by some 90M tons carbon dioxide equivalent in the U.S., and 245M tons worldwide by 2025, the White House noted. Honeywell (HON) plans to transition the majority of its high-GWP HFC production to new low-GWP production, while Johnson Controls (JCI) committed to using the lowest GWP option for each application that best fits the needs of its customers from the standpoint of safety, efficiency, reliability, availability, and economy, according to the White House Johnson Controls also commits to spend $50M over the next three years to develop new products and improve and expand its existing low-GWP portfolio.
September 15, 2014
09:05 EDTJCIJohnson Controls announces reorganization of Building Efficiency business
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