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JCI

Johnson Controls, Inc.

6/19/2013, 1:10 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 18, 2:05 AM Johnson Controls (JCI) is reportedly in talks with P-E firms about selling them its automotive electronics unit, which is valued at $1B, after industry interest weakened due to the unit's softer-than-expected performance. Delphi Automotive (DLPH) has pulled out the running, although Visteon (VC) and SAIC (SAI) subsidiary Huayu Automotive Systems are still involved. Comment! [M&A]
Friday, May 31, 9:59 AM Johnson Controls (JCI -0.3%) is a sleeper summer pick to rally, according to Great Speculations. The company has revenue drivers in place with auto production increasing and building efficiency in focus. Shares trade with a 2% yield as a kicker. 2 Comments [Consumer]
Wednesday, May 22, 1:51 PM Johnson Controls (JCI) declares $0.19/share quarterly dividend, in line with previous. Forward yield 2.01%. For shareholders of record June 7. Payable July 2. Ex-div date June 5. (PR) Comment! [Dividends]
Friday, May 17, 11:43 AM A broad rally in auto supplier stocks isn't a shocker after positive news piled in from across the globe. In Europe, a long slide in sales has finally reversed while China is opening up the western part of its territory for manufacturers. Just to top it off quite nicely, consumer sentiment rose briskly in the U.S. Advancers: American Axle (AXL) +4.5%, Dana Holding (DAN) +4.1%, TRW Automotive (TRW) +2.2%, Navistar (NAV) +4.4%, Federal-Mogul (FDML) +4.2%, Magna International +1.9%, Meritor (MTOR) +2%, Johnson Controls (JCI) +1.9%, Exide Technologies (XIDE) +5.5%. 1 Comment [Consumer, On the Move]
Monday, May 13, 11:07 AM More Chinese companies are popping up in Detroit as they prepare for the eventuality of a major Chinese auto manufacturer selling cars in the U.S. For the most part, the firms are flying under the radar, but the numbers are starting to swell. The Detroit Chinese Business Association now has over 100 Chinese-owned businesses in its membership with the largest percentage geared toward supplying the automobile industry. It's a trend to watch for auto suppliers (AXL, ARMH, ALV, BWA, CLC, DAN, FDML, GNTX, JCI, MGA, TEN, TRW, WBC) used to having a home field advantage with the Big Three automakers. Comment! [Consumer]
Tuesday, April 23, 7:06 AM Johnson Controls (JCI): FQ2 EPS of $0.42 in-line. Revenue of $10.4B (-1% Y/Y) misses by $0.06B. (PR) Comment! [Earnings, Breaking News, Consumer]
Tuesday, April 23, 12:05 AM Notable earnings before Tuesday’s open: ACI, AKS, AOS, APD, ARMH, CIT, CNC, COH, DAL, DD, DFS, EAT, ECA, FMER, FRX, GCI, GNTX, IDXX, IIVI, IR, IRWD, ITW, JCI, JNS, LCC, LECO, LMT, LXK, MOLX, PCAR, PCH, PII, PMT, PNR, R, RAI, RF, RSH, SNV, ST, TRV, UTX, WAT, XRX 1 Comment [Earnings]
Monday, April 22, 5:30 PM Notable earnings before Tuesday’s open: ACI, AKS, AOS, APD, ARMH, CIT, CNC, COH, DAL, DD, DFS, EAT, ECA, FMER, FRX, GCI, GNTX, IDXX, IIVI, IR, IRWD, ITW, JCI, JNS, LCC, LECO, LMT, LXK, MOLX, PCAR, PCH, PII, PMT, PNR, R, RAI, RF, RSH, SNV, ST, TRV, UTX, WAT, XRX Comment! [Earnings]
Wednesday, April 17, 8:24 AM Procter & Gamble's (PG) plan to save $2B by stretching out supplier payments is nothing new in the industry. Kimberly-Clark, Church & David, and Energizer Holdings all beat the company to the punch in employing the tactic to free up cash. What to watch: If automobile manufacturers decide to toy with the same idea, analysts think it could create a cash pinch for suppliers such as BWA, NAV, FSYS, FDML, AXL, TOWR, JCI, DLPH, and LEA. 3 Comments [Consumer]
Wednesday, April 10, 2:12 PM Johnson Controls (JCI +2%) moves up on speculation the company is likely to get the first round of bids for its auto electronics unit over the next week. Investors learned JCI was exploring a sale in March, after it hired JPMorgan to explore the divestiture. The company is hoping to get $1B for the unit. Comment! [On the Move, M&A]
Friday, March 15, 10:46 AM According to recent reports, Johnson Controls (JCI) appears to be exploring the sale of its automotive electronics business. Analysts at Morgan Stanley think that's a bad idea. Why? Because, when it comes to JCI, the sum of its parts are actually worth less than the whole, says Morgan. If split, each stub could trade at a lower multiple than current and peer levels, and that, boys and girls, would be destructive to shareholder value. 1 Comment [M&A]
Wednesday, March 6, 4:01 PM Johnson Controls (JCI +1.9%) pares back gains after the company denies earlier reports that it might sell its automotive interiors business, saying it has no current intention to divest this segment. 2 Comments [On the Move, M&A]
Wednesday, March 6, 2:29 PM Johnson Controls (JCI +6%) moves higher - making it one of the top performers in the S&P 500 - on reports that the company may sell its automotive interiors unit. A sale of the unit, which has struggled with margin pressures, low vehicle production in Europe and increased competition in China, would still leave the company with three major businesses: automotive seating, building controls and car batteries. Comment! [On the Move, M&A]
Wednesday, January 23, 9:17 AM Johnson Controls, Inc. (JCI) declares $0.19/share quarterly dividend, in line with previous. Forward yield 2.46%. For shareholders of record Mar. 08. Payable Apr. 02. Ex-div date Mar. 06. (PR) Comment! [Dividends]
Friday, January 18, 6:25 PM The fiscal cliff may have been averted by a last minute deal, but in the eyes of some of many CEO's its still a major source of angst. That, coupled with the wrangling currently underway over the debt limit is clouding the outlook over the near term, and prompting many to back away from issuing a rosier picture for 2013. Johnson Controls (JCI) CEO Roell notes "We expect earnings in the first half of FY13 to be significantly lower than 2012." Comment! [U.S. Economy]
Friday, January 18, 5:41 PM After-hours top gainers, as of 5:15 p.m.: REE +3%. XLNX +2%. IOC +2%. JCI +2%. THC +1%.
After-hours top losers: HALO -3%. UNIS -2%. VIRC -2%. OIBRC -2%. ORCC -1%. Comment! [On the Move]