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Stock Market & Financial Investment News

News Breaks
December 3, 2013
05:56 EDTJCI, HTHIYJohnson Controls, Hitachi announces global air conditioning JV
Johnson Controls (JCI) Hitachi (HTHIY) and Hitachi Appliances announced that the companies have signed a non-binding memorandum of understanding for a transaction in which Johnson Controls will obtain a 60% ownership stake in Hitachi Appliances' global air conditioning business, excluding sales and service operations in Japan and certain other assets. The companies expect the joint venture to begin operations in 2014, subject to final due diligence and board approvals, definitive agreement on terms, required regulatory approvals and other customary conditions.
News For JCI;HTHIY From The Last 14 Days
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April 16, 2014
11:23 EDTJCIJohnson Controls says continuing to look at alternatives for auto interiors unit
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10:13 EDTJCIJohnson Controls to host conference call
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08:02 EDTJCIJohnson Controls to acquire Air Distribution Technologies for $1.6B
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08:01 EDTJCIJohnson Controls to acquire Air Distribution Technologies for $1.6B
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07:25 EDTHTHIYHitachi gathers $4.5B to finance Scotland-London express trains, Bloomberg says
Hitachi (HTHIY) has gathered $4.5B from an array of international institutions to fund its contract to construct 65 high-speed express trains to use on Britainís East Coast rail line between Scotland and London, according to Bloomberg, citing a company spokeswoman. Some of the lenders include the Bank of Tokyo-Mitsubishi, Japan Bank for International Cooperation, HSBC (HSBC), Lloyds Banking (LYG) and the European Investment Bank. Reference Link
April 14, 2014
15:19 EDTHTHIYHitachi upgraded to Outperform from Neutral at Credit Suisse
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April 9, 2014
10:02 EDTJCIBofA/Merrill's US autos/auto parts analyst has analyst/industry conference call
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