Johnson Controls (NYSE:JCI) has extended its facility management partnership with BASF.

Johnson Controls (NYSE:JCI) Improves BASF Deal

Johnson Controls (NYSE:JCI) announced that its Global WorkPlace Solutions (GWS) has extended its partnership with BASF for four years to provide technical facilities management and relocation services.

The services include the maintenance of about 140 buildings at BASF’s Ludwigshafen headquarters and also at the company’s agricultural research site in Limburgerhof.

Klaus Göthling, Johnson Controls (NYSE:JCI) GWS customer account lead for BASF, said that “The highly technical nature of the work at BASF makes facility management and safety imperative. This extension will enable Johnson Controls (NYSE:JCI) to continue to support the important work BASF is performing in these facilities for customers and partners throughout the world”.

Johnson Controls (NYSE:JCI) stocks were at 32.28 at the end of the last day’s trading. There’s been a 8.6% change in the stock price over the past 3 months.

Johnson Controls (NYSE:JCI) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.44
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.56
Zack’s Rank: 4 out of 34 in the industry

Johnson Controls (NYSE:JCI) has got State Aid from the Slovak Cabinet.

Johnson Controls (NYSE:JCI) Gets Slovak Help

It has been reported that the Slovak government has approved 45.8 million euros ($61.3 million) in state aid for Johnson Controls Inc. (JCI), the U.S. maker of car parts, and eight other companies.

In an official statement Johnson Controls (NYSE:JCI) said that, “The Cabinet granted Johnson Controls tax breaks and cash subsidies worth 5.7 million euros in exchange for expanding production in Namestovo, northern Slovakia, creating 251 jobs. Johnson Controls (NYSE:JCI) will invest about 19 million euros in the project”.

Johnson Controls (NYSE:JCI) shares were at 27.77 at the end of the last day’s trading. There’s been a -10.3% movement in the stock price over the past 3 months.

Johnson Controls (NYSE:JCI) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.44
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.63
Zack’s Rank: 3 out of 34 in the industry

Johnson Controls (NYSE:JCI) has named a new board member.

Johnson Controls (NYSE:JCI) Gets New Board Member

Johnson Controls (NYSE:JCI) announced that it appointed a new member to the board of directors. Mark P. Vergnano has been named as the new board member.

Mr. Vergnano is an executive vice president for DuPont, responsible for the company’s Building Innovations, Protection Technologies, Sustainable Solutions, Electronics & Communications, Chemicals & Fluoroproducts, and Titanium Technologies businesses.

Stephen A. Roell, Chairman and Chief Executive Officer, said that, “Johnson Controls (NYSE:JCI) is delighted that Mark has joined our Board of Directors. He brings decades of business and functional leadership experience and global perspective, and Johnson Controls (NYSE:JCI) looks forward to his counsel and many contributions as we look to build on the market leadership positions of our businesses”.

Johnson Controls (NYSE:JCI) shares were at 31.1 at the end of the last day’s trading. There’s been a -2.5% change in the stock price over the past 3 months.

Johnson Controls (NYSE:JCI) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.46
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.63
Zack’s Rank: 3 out of 34 in the industry

Johnson Controls (NYSE:JCI) has honored leading suppliers during fifth annual supplier conference.

Johnson Controls (NYSE:JCI) Hands Out Honours

Johnson Controls (NYSE:JCI), the global leader in building efficiency, has recognized its top-performing Building Efficiency suppliers during its annual Supplier Conference Awards ceremony.

Awards were presented to supplier companies that demonstrated their leadership and commitment to Johnson Controls’ Building Efficiency business.

Carolyn Woznicki, vice president of purchasing, Building Efficiency, for Johnson Controls, said that, “Johnson Controls (NYSE:JCI) believes it is important to recognize our supplier partners for their commitment to excellence and for helping Johnson Controls (NYSE:JCI) delivers solutions that improve energy efficiency for our customers”.

The Johnson Controls (NYSE:JCI) Supplier Conference Excellence & Execution awards were recognized on four levels – platinum, gold, silver and bronze.

Johnson Controls (NYSE:JCI) company shares are currently standing at 33.55.

Price History
Last Price: 33.55
52 Week Low / High: 24.29 / 42.92
50 Day Moving Average: 29.84
6 Month Price Change %: -18.7%
12 Month Price Change %: -4.1%

Johnson & Johnson (NYSE:JNJ) has posted a 6 percent decline in its 3Q earning results.

Johnson & Johnson (NYSE:JNJ) Hit By Q3 Fall

The pharmaceutical company Johnson & Johnson (NYSE:JNJ) has posted its third quarter earnings results. The company posted a 6% decline in its net income due to a planned medical device acquisition, as well as accusations about the manufacturing quality of its products.

Sales rose 6.8 % to reach $16 billion thanks to the favorable currency-exchange rates.

Johnson & Johnson (NYSE:JNJ) CFO Dominic Caruso said, “In the current period, we continue to see challenging macro economic conditions. Despite these near-term headwinds, I’m encouraged by the business outlook for our company”.

Johnson Controls (NYSE:JCI) shares were at 32.34 at the end of the last day’s trading. There’s been a -23.0% movement in the stock price over the past 3 months.

Johnson Controls (NYSE:JCI) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.46
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.66
Zack’s Rank: 7 out of 35 in the industry

Johnson Controls (NYSE:JCI) has announced a new approach to building efficiency.

Johnson Controls (NYSE:JCI) Looking At Building Efficiency

Johnson Controls (NYSE:JCI), the global leader in building efficiency, announced “Panoptix solution”, a new approach to building efficiency.

Panoptix™ makes it easier and more affordable for owners and operators of any size facility to achieve better building performance.

The Panoptix solution has four key components like an open technology platform, a suite of cloud-hosted building efficiency applications, on-line and by-phone Live Guide™ support, an online Panoptix connected community of peers and experts.

Dave Myers, president, Building Efficiency, Johnson Controls (NYSE:JCI), said that, “Johnson Controls is known for innovations that improve energy efficiency, sustainability and asset performance. What’s exciting about Panoptix is how we can now deliver these outcomes. An intuitive user experience and a subscription-based business model mean that sophisticated building management is now as accessible to a single building owner as it is to managers of global property portfolios. While there is a growing urgency in making buildings more energy efficient, building owners continue to tell us that cost and skill-set gaps are the key barriers to taking significant action. Panoptix addresses these barriers through the combination of new technology and proven expertise of Johnson Controls”.

Johnson Controls (NYSE:JCI) stocks are currently standing at 27.98.

Price History
Last Price: 27.98
52 Week Low / High: 24.29 / 42.92
50 Day Moving Average: 30.83
6 Month Price Change %: -33.4%
12 Month Price Change %: -9.1%

Johnson Controls (NYSE:JCI) has honored leading automotive suppliers at the 16th Annual North American Supplier Performance Awards Ceremony.

Johnson Controls (NYSE:JCI) Honours Suppliers In Auto Trade

Johnson Controls (NYSE:JCI), the global diversified company in the building and automotive industries, has recognized its top performing automotive suppliers during its annual North American Supplier Performance Awards ceremony for the 16th consecutive year.

Forty four awards were given to 40 supplier companies that demonstrated their leadership and commitment in key business areas like quality, cost, logistics, development, technology and service to Johnson Controls (NYSE:JCI)’ Automotive Experience business.

Jim Bos, vice president of purchasing, North America, for Johnson Controls (NYSE:JCI)’ Automotive Experience business, said that, “Johnson Controls (NYSE:JCI) is grateful to our supply base, as their dedication is key to our success as a global automotive leader. These awards are important, as they give us an opportunity to thank our suppliers for their leadership and commitment to excellence throughout the year”.

Johnson Controls (NYSE:JCI) stocks were at 26.71 at the end of the last day’s trading. There’s been a -35.4% change in the stock price over the past 3 months.

Johnson Controls (NYSE:JCI) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.46
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.63
Zack’s Rank: 4 out of 35 in the industry

It has been reported that China is probing a Johnson Controls (NYSE:JCI) unit for alleged lead pollution.

Johnson Controls (NYSE:JCI) Facing China Probe

Reuters has reported that Johnson Controls (NYSE:JCI), the major lead-acid battery maker, has halted production at its Shanghai factory unit due to an alleged lead pollution case.

A team of government officials are investigating the potential lead pollution from Johnson Controls (NYSE:JCI) unit and the firm will halt production for about a week.

Johnson Controls, said in an official statement that, “Johnson Controls (NYSE:JCI) is aware of the concerns raised by local residents which it takes very seriously. Johnson Controls (NYSE:JCI) is working with the government to understand and address these issues. However, we have no reason to believe we are the source of the issue”.

Johnson Controls (NYSE:JCI) shares were at 30.43 at the end of the last day’s trading. There’s been a -19.4% change in the stock price over the past 3 months.

Johnson Controls (NYSE:JCI) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.46
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.63
Zack’s Rank: 6 out of 35 in the industry