Welcome to our dedicated page for Johnson Controls International news (Ticker: JCI), a resource for investors and traders seeking the latest updates and insights on Johnson Controls International stock.
Johnson Controls International plc reports developments tied to commercial building technology, including thermal management, mission-critical building systems, energy efficiency and decarbonization. Company news commonly covers quarterly results, organic sales, orders, backlog, margins and guidance, along with capital returns through its regular dividend.
Updates also describe product and design activity for data center cooling, including AI Factory Reference Design Guides for chiller-based thermal systems. Other recurring announcements include investor conference participation, earnings webcasts, the Johnson Controls Business System, and ethics, compliance and governance recognition.
Sensormatic Solutions, part of Johnson Controls (NYSE: JCI), has partnered with Thruvision to introduce next-generation walk-through security screening technology using passive terahertz cameras. The partnership aims to enhance loss prevention in retail settings by addressing internal theft, which accounts for 40% of the total value of theft. Thruvision’s technology can detect items hidden under clothing from up to 7 meters away without emitting radiation or capturing personal details. This collaboration promises to reduce internal losses, improve operational efficiency, and enhance employee and customer experiences.
Johnson Controls (NYSE: JCI) announced a cash tender offer for up to $90 million in aggregate principal amount of its senior notes.
The offer includes its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047, with an early tender payment of $50 per $1,000 principal amount.
Investors must tender their securities by June 3, 2024, to receive the early payment, and the offer expires on June 18, 2024.
The company may modify the aggregate cap without extending the withdrawal deadline, and any changes could be significant.
Payment for validly tendered securities will be made on June 21, 2024, or earlier for those tendered by the early date.
Johnson Controls (NYSE: JCI) has announced its participation in the 17th Annual Wolfe Research Global Transportation & Industrials Conference. The event will take place in New York, with CFO Marc Vandiepenbeeck presenting on May 21, 2024, at 11:10 a.m. EDT. A live webcast of the presentation will be accessible on the company's website.
Johnson Controls has appointed Chris Bontempo as the Vice President and Chief Marketing Officer, bringing his extensive experience from IBM to lead marketing strategies, drive demand generation, and enhance brand equity. Bontempo's expertise in data, AI, and the digital ecosystem will help Johnson Controls grow market share and connect customers with innovative technologies.
Johnson Controls reported solid Q2 results with flat sales versus the prior year and a 1% organic increase. The GAAP EPS was $(0.41), while adjusted EPS stood at $0.78. Orders increased by 12% organically year-over-year, with a Building Solutions backlog of $12.6 billion, up 10% organically. The company maintains its FY24 guidance and initiates fiscal Q3 confidently.
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