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12 min ago | TheStreet.com
Link added that the stock is a "big-time" buying opportunity at current levels. The new CEO, Alex Molinaroli, is setting expectations low enough so JCI can "beat and raise" estimates next year, she said.
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Johnson Controls Inc. expects it will not finalize its review of strategic options for its auto interiors business until the second half of 2014, but laid out "optimized portfolio decisions," which would see it divest its visor and headliner products lines, but define the core of its business in door panels and instrument panels.
Johnson Controls Inc. anticipates that its fiscal 2014 earnings and revenue will come in below analysts' estimates even as it foresees sales increases across most of its units.
Johnson Controls Inc., the largest U.S. auto-parts maker, forecast full-year profit growth that lagged behind analysts' estimates as the manufacturer predicted limited car-market expansion in Europe.
At Visteon's headquarters in a western suburb, technicians are preparing a durability test for the audio speakers in a set of four pickup doors.
SAPP Inc. is starting a manufacturing operation in a 200,000-square-foot facility in Edinburgh that spans about four blocks and used to house Lear Corp., which closed more than five years ago.
Johnson Controls Inc. told employees at its plant in Pennsylvania that it will move some production lines and jobs to Mexico starting in 2014.
The Consumer Product Safety Commission posts five product recalls: Aristocrat II Carpet from Shaw Industries, 32" Coby Flat Screen Televisions, Trek model year 2013 Madone bicycles, Hobby Lobby Accent Chairs, and Doodlebutt Jelly BeadZ Jumbo BeadZ and Magic Growing Fruity Fun toys.
According to GuruFocus Insider Data , the largest insider sells during the past week were: Rockwood Holdings Inc., Perrigo Company, Johnson Controls Inc., TE Connectivity Ltd. and DISH Network Corp. Chairman and Chief Exec Officer Seifi Ghasemi sold 625,384 shares of ROC stock on 12/12/2013 at the average price of $70.72.
The firm currently has a "hold" rating on the stock. Deutsche Bank's target price points to a potential upside of 15.10% from the stock's previous close.
The discussion on funding cultural and entertainment assets in Milwaukee County will go beyond the future of the BMO Harris Bradley Center , task force co-chairs said.
The Council for A Better Louisiana has named Shreveport businessman Robert B. Hamm as Chairman of the organization for 2014.
The S&P 500 ended the day at 1,775.50, down 0.38%; the Dow Jones Industrial Average closed at 15,739.43, down 0.66%; and the NASDAQ Composite finished at 3,998.40, down 0.14%.
Eleven billionaire investors hold Lear Corporation , a leading global supplier of automotive seating and electrical distribution systems, reporting a strong third quarter.