Johnson Controls Inc
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Some of the names on the move ahead of the open.
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NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.
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NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.
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DETROIT, April 23- Johnson Controls Inc on Tuesday posted a profit that met Wall Street's expectations and the largest U.S. auto-parts maker reaffirmed its full-year outlook. Net income attributable to Johnson Controls fell to $148 million, or 21 cents a share, in its fiscal second quarter, compared with $379 million, or 55 cents a share, in the year- earlier quarter.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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It's time for the Lightning Round. Cramer makes the call on viewer favorites.
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NEW YORK, March 6- Johnson Controls Inc is exploring a potential sale of its automotive electronics business, but has no "current intention" to sell its automotive interiors unit, the company said on Wednesday.
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NEW YORK, March 6- Johnson Controls Inc is exploring a potential sale of its automotive electronics business, but has no "current intention" to sell its automotive interiors unit, the company said on Wednesday. Johnson Controls' automotive electronics business had sales of $1.4 billion in fiscal 2012. Its automotive interiors business had sales of $4.1 billion.
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NEW YORK, March 6- Johnson Controls Inc is exploring a potential sale of its automotive interiors unit, a move that would allow the diversified manufacturer to focus on higher-margin building controls and next-generation car batteries, three people familiar with the matter said on Wednesday.
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*Sees 2013 total sales of $32 bln- $33.4 bln. *Sees 2013 total production sales of $27 bln- $28 bln. TORONTO, March 1- Canadian auto parts maker Magna International Inc raised its full-year sales forecast on Friday and sweetened its quarterly dividend after a fourth-quarter performance that beat expectations.
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Feb 7- Unsecured creditors of A123 Systems Inc, a bankrupt maker of batteries for electric cars that had U.S. government backing, will likely collect around 65 cents for each dollar they are owed, according to court documents.
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Feb 6- The corner is far from turned in Europe, but for some U.S. companies there is a sense that they have reached- or can at least see- a bottom after years of weakness, a welcome change that could help boost profits in 2013..
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The company expanded its previous restructuring activities by about $50 million to about $300 million, citing weakness in Europe. Delphi Chief Executive Rodney O'Neal cited the challenging environment in Europe. "
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China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.
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*Electric car battery maker A123 funded by U.S. government. Jan 29- China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.
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TORONTO, Jan 27- All systems are go for Canada's auto parts sector. The fortunes of Magna International Inc, Linamar Corp and Martinrea International Inc are tightly tied to the Detroit Three and the health of the U.S. vehicle market.
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After four years of belt-tightening, American companies are good at squeezing more profit out of every dollar of sales - a skill that chief executives regard as critical in the face of an uncertain economy.
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*Honeywell, McDonald's profit despite shaky sales. McDonald's Corp was able to beat Wall Street's profit forecasts by keeping its locations open on Christmas and rolling out the cult favorite McRib sandwich in December.
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LOS ANGELES, Jan 25- President Barack Obama's promise to attack climate change is likely to light a fire under federal agencies slow to comply with a mandate to cut energy use- which could be very good news for companies that specialize in systems that save power.
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Something interesting is happening: Individual stocks are moving on earnings without dramatically affecting their sectors.
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