Johnson Controls (JCI) stock prices updated...

Johnson Controls stock price

Johnson Controls latest news:

  • 08/21/2017 14:58:37

    BRIEF-Johnson Controls - related to Alex Molinaroli's employment termination, eligible to receive severance benefits of about $63 mln​

    * Johnson Controls - related to Alex Molinaroli's employment termination, eligible to receive severance benefits of about $63 million - SEC filing​ Source text : ( Further company coverage:

  • 08/21/2017 09:08:11

    Johnson Controls shares rally 4% on news of accelerated CEO transition

    Shares of diversified industrial company Johnson Controls Inc. rose about 4% Monday, after the company announced an accelerated management transition that will put current Chief Operating Officer George Oliver in charge from Sept. 1. Oliver will replace current chief executive and chairman Alex Molinaroli, who is leaving the company and board on the same day. "We have not yet spoken with the company, but expect the news to be positive for the stock (+4% in early trading), as it appears the company/board recognize the need for clearer leadership structure and greater accountability," Baird Equity Research analyst Timothy Wojs wrote in a note. Oliver was a former CEO of Tyco before the two companies merged, and was expected to serve as COO of the combined company for 18 months after the close, becoming CEO for 12 months and then chairman and CEO after that. "Longer term, the CEO transition could be a building block for other strategic moves (such as possible alternatives for battery business," said Wojs. "We view JCI as attractive multi-year risk/reward, given discounted valuation, with visibility from cost synergies driving double-digit EPS growth." Johnson Controls makes air systems for buildings, is active in security and fire safety, refrigeration and energy storage. Shares have fallen 6.5% in 2017, while the S&P 500 has gained 8.2%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 07/27/2017 14:04:10

    QEP Resources, Johnson Controls Slump into Thursday’s 52-Week Low Club

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