Welcome to our dedicated page for Carrier Gb Cp news (Ticker: CARR), a resource for investors and traders seeking the latest updates and insights on Carrier Gb Cp stock.
Carrier Global Corporation (NYSE: CARR) operates at the center of the global HVAC and climate solutions industry, generating news that matters to investors tracking building technology, energy efficiency trends, and industrial equipment markets. As the company founded on the invention of modern air conditioning, Carrier's announcements often signal broader industry directions.
This page aggregates Carrier news including quarterly and annual earnings reports that detail performance across its Americas and European climate solutions segments. Investors can track how commercial HVAC demand compares to residential markets, monitor aftermarket services growth, and assess the impact of data center cooling opportunities on the company's trajectory.
Product and technology announcements cover developments in heat pump systems, building automation controls, and advanced cooling technologies for data centers. These releases provide insight into Carrier's innovation pipeline and strategic positioning as building electrification and energy efficiency regulations evolve globally.
Corporate developments such as acquisitions, divestitures, manufacturing investments, and executive changes appear here as they are announced. Carrier's portfolio transformation since its 2020 spin-off from United Technologies has included significant asset sales and strategic investments that reshape its market focus.
Bookmark this page to follow Carrier's progress in commercial and residential HVAC markets, data center thermal management expansion, and capital allocation decisions including dividends and share repurchases.
Carrier's smart building platform, Abound, is being implemented in Cherokee County School District to enhance indoor air quality for K-12 settings. This open, cloud-based platform aggregates data from various sensors to provide real-time insights on air quality and energy usage. Since its introduction, the district has seen decreased temperature complaints and is planning to expand its use to classrooms. The initiative is part of Carrier's Healthy Buildings Program and utilizes government funding to improve conditions in educational facilities.
Carrier Global Corporation (NYSE:CARR) has announced the acquisition of Cavius, a Danish company specializing in residential alarm systems. This strategic move is expected to enhance Carrier's Fire & Security offerings in Europe, including expanding their existing Kidde product line. Notably, Cavius is known for its innovative smoke alarm technology, including the world's smallest photoelectric smoke alarm. The acquisition aims to accelerate Carrier's innovation pipeline and provide opportunities for growth in Europe and Asia. Financial terms of the deal were not disclosed.
Carrier Global Corporation (NYSE:CARR) declared a quarterly dividend of $0.12 per share, payable on November 22, 2021, to shareholders of record by October 29, 2021. This decision reflects the company's commitment to returning value to shareholders while supporting its sustainable growth initiatives. Carrier emphasizes its leading role in providing healthy and safe building solutions and remains focused on innovation.
Carrier Global Corporation has been recognized on the 2021 Fortune Change the World list, highlighting its commitment to addressing societal challenges through innovative business initiatives. The company’s Healthy Buildings Program aims to enhance indoor air quality and safety, particularly in the wake of the COVID-19 pandemic. Key technologies include the OptiClean™ Dual-Mode Air Scrubber, used in numerous schools, and the Abound IoT platform for real-time air quality monitoring. Research funded by Carrier demonstrates a strong link between healthier buildings and improved cognitive function.
Carrier Global Corporation (NYSE:CARR) is scheduled to release its third quarter 2021 earnings on October 28, 2021, at 8:30 a.m. ET. The subsequent conference call will be available via webcast at ir.carrier.com. Investors can dial (877) 742-9091 for audio, with replay options starting at 11:30 a.m. ET on the same day until November 4, 2021. Carrier is recognized as a global leader in providing sustainable building and cold chain solutions. For more details, visit www.Corporate.Carrier.com.
Carrier Global Corporation (NYSE: CARR) has finalized its acquisition of Nlyte Software, a key player in data center infrastructure management software. This acquisition, first announced on September 22, 2021, allows Carrier to enhance its HVAC business by integrating Nlyte's expertise into Automated Logic Corporation (ALC), Carrier's building automation segment. The deal aims to strengthen Carrier's strategic focus on sustainable solutions and create integrated offerings for customers in the growing DCIM market. Financial details of the transaction remain undisclosed.
Carrier Global Corporation (NYSE: CARR) announced the completion of its acquisition of BrokerBay Inc. on October 4, 2021, following a prior announcement on September 16, 2021. BrokerBay is an advanced real estate management cloud ecosystem, which will enhance Carrier's Supra segment, improving scheduling, communication, and agent productivity. This strategic acquisition aims to revolutionize digital services in the real estate sector and is part of Carrier's strategy to increase recurring revenue through enhanced offerings. The terms of the transaction were not disclosed.
Carrier is expanding its Healthy Homes initiative in China with the introduction of the Kidde MOON series of smart home devices, which includes various safety detectors. This marks Carrier's entry into China's growing residential smart home market, projected to reach US$ 48.2 billion by 2027. The products provide enhanced home health monitoring and connect via a mobile app, responding to increased demand for smart devices amidst urbanization trends.
Kidde has announced Birdie, a fire service dog from CAL FIRE, as the winner of its inaugural Fire Service Dog of the Year contest, held in recognition of National Fire Pup Day. The contest engaged U.S. fire departments to submit photos of their working dogs, with Birdie winning through popular vote. As a reward, Birdie’s station will receive 10 pet oxygen masks valued at $1,200 and other promotional features. Kidde emphasizes the importance of pet fire safety, launching campaigns to educate pet owners, especially as COVID-19 restrictions ease, allowing pets to be left alone more often.
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