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Stock Market & Financial Investment News

News Breaks
January 13, 2014
07:18 EDTJCIJohnson Controls CEO won't drop auto seats business, WSJ reports
Johnson Controls has spent over $1B on acquisitions since 2011 to fend off rivals and remain the world's biggest supplier of seats to major auto makers. Yet its lackluster performance has prompted calls from Wall Street to dump the seat business, reports the Wall Street Journal. But new CEO Alex Molinaroli has dismissed calls to leave the business, insisting he won't abandon what he believes is a best-in-class operation.Reference Link
News For JCI From The Last 14 Days
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May 28, 2015
10:02 EDTJCIOn The Fly: Analyst Upgrade Summary
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05:59 EDTJCIJohnson Controls upgraded to Buy from Neutral at UBS
UBS upgraded Johnson Controls to Buy citing seating margin expansion and recovering sales for the company's Building Efficiency business. UBS also believes Johnson could be pushed to break the company up, which it feels could drive value. It raised its price target for shares to $59 from $51.

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