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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
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March 31, 2015
07:55 EDTJCICBRE Group to host conference call
Conference Call to discuss definitive agreement to acquire the Global Workplace Solutions Business of Johnson Controls, Inc will be held on March 31 at 11 am. Webcast Link
07:03 EDTJCIJohnson Controls to sell its GWS business to CBRE Group for $1.475B
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07:02 EDTJCICBRE Group, Johnson Controls enter into 10-year strategic relationship
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07:02 EDTJCICBRE to acquire Johnson Controls' Global WorkPlace Solutions business for $1.5B
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