New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 16, 2014
11:23 EDTJCIJohnson Controls says continuing to look at alternatives for auto interiors unit
On its conference call discussing the acquisition of Air Distribution Technologies, Johnson Controls said it sees 5-year run rate cost synergies of the deal at $75M-$100M and 5-year run rate revenue synergies about $150M. The company expects the deal will close "very late" in FY14, and notes that it will have some acquisition-related charges in Q3 and Q4, but adds that the charges will not be significant. The company says it will not get to the full cost run rate savings until 2Q15-3Q15. The company anticipates a debt issuance in Q3.
News For JCI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 28, 2016
11:29 EDTJCIJohnson Controls seeing revenue softness in Building Efficiency division
Subscribe for More Information
11:14 EDTJCIJohnson Controls continues to expect at least $650M in synergies from merger
Oost merger, the company expects $4.5B EBITDA, $500M operating synergies and $150M tax synergies.
11:12 EDTJCIJohnson Controls sees no hiccups, improved momentum for Tyco transaction
Subscribe for More Information
07:10 EDTJCIJohnson Controls backs FY16 EPS view $3.70-$3.90, consensus $3.76
Estimated separation costs for Automotive Experience are $400M-$600M in fiscal 2016. Johnson Controls expects to resume its previously authorized share repurchase program in the second half of fiscal year 2016 and plans to repurchase $500M before the end of the fiscal year.
07:09 EDTJCIJohnson Controls sees Q2 EPS 80c-83c, consensus 82c
Subscribe for More Information
07:00 EDTJCIJohnson Controls reports Q1 adjusted EPS 82c, consensus 82c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use