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Johnson Controls International PLC (JCI.N)

JCI.N on New York Stock Exchange

43.11USD
17 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Johnson Controls announces fiscal 2017 outlook
Monday, 5 Dec 2016 07:00am EST 

Johnson Controls International Plc : Johnson Controls announces fiscal 2017 guidance and introduces mid-term outlook . Johnson Controls International Plc - fiscal 2017 EPS before special items guidance of $2.60 to $2.75 per share . Johnson Controls International Plc - 2017 guidance includes an organic revenue growth range of 2.5 percent to 4.5 percent . Johnson Controls International Plc - board of directors approved a quarterly cash dividend payment of $0.25 per share payable on Jan. 6, 2017 . Johnson Controls International Plc - expect to reach a run rate of at least $500 million by fiscal 2020 . Sees 12 to 15 percent EPS growth before special items CAGR by 2020 . Johnson Controls International Plc - sees 3 to 4 percent organic revenue CAGR including $500 million in run-rate sales synergies by 2020 .Johnson Controls International Plc - sees $1 billion of productivity/merger cost savings plus $150 million of tax synergies by 2020.  Full Article

Johnson controls reports preliminary shareholder merger consideration election results
Wednesday, 31 Aug 2016 07:00am EDT 

Johnson Controls Inc : Johnson Controls announces preliminary shareholder merger consideration election results . About 1.1 percent of outstanding shares of Johnson Controls common stock, elected to receive $34.88 per share in cash .About 55.8 percent of outstanding shares of Johnson Controls common stock, elected to receive one ordinary share of combined company.  Full Article

Tyco to sell security business in South Africa to Fidelity Security for $140 mln
Thursday, 18 Aug 2016 02:30am EDT 

Tyco International Plc : Tyco reaches agreement to sell its security business in South Africa . To sell security business in South Africa, which operates locally under ADT brand, to Fidelity Security Group for $ 140 million .Will continue to provide its fire, security and life safety products in south africa.  Full Article

Johnson Controls shareholders approve merger with Tyco
Wednesday, 17 Aug 2016 03:30pm EDT 

:Johnson Controls shareholders approve merger with Tyco.  Full Article

Tyco shareholders approve merger with Johnson Controls
Wednesday, 17 Aug 2016 03:30pm EDT 

Tyco International Plc : Tyco shareholders approve merger with Johnson Controls .Says merger is expected to be completed on Friday, Sept. 2, 2016.  Full Article

Tyco Q3 EPS from continuing operations of $0.56 per share
Friday, 29 Jul 2016 06:00am EDT 

Tyco International Plc : Says North America quarter-end backlog of $2.67 billion up 3% on a quarter sequential basis, excluding impact of foreign currency . Qtrly eps from continuing operations before special items $0.54 . Tyco reports third quarter 2016 gaap earnings from continuing operations of $0.56 per share and $0.54 per share before special items . Q3 revenue $2.45 billion versus i/b/e/s view $2.44 billion . Q3 gaap earnings per share $0.56 from continuing operations . Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S .Says rest of the world quarter-end backlog backlog of $1.94 billion, up 2 percent on a quarter sequential basis.  Full Article

Johnson controls sees Q4 2016 earnings per share of $1.17 to $1.20
Thursday, 21 Jul 2016 06:55am EDT 

Johnson Controls Inc : Adient spin-off remains on track for completion by end of october . Says determined that adient will incorporate in ireland . Johnson controls reports strong 2016 fiscal third quarter earnings; tightens guidance to higher end of previous range and announces acceleration of tyco merger close . Sees q4 2016 earnings per share $1.17 to $1.20 . Q3 adjusted non-gaap earnings per share $1.07 from continuing operations . Q3 earnings per share $0.59 from continuing operations . Q3 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Q3 revenue $9.5 billion versus i/b/e/s view $9.62 billion . Johnson controls inc says backlog at end of quarter improved to $4.8 billion, an increase of 2 percent from prior year . Tightens its full year fiscal 2016 guidance from $3.85 - $4.00 earnings per diluted share to $3.95 to $3.98 . Johnson controls inc says expects to accelerate closing of its merger with tyco international plc to september 2, 2016 . It expects to accelerate closing of its merger with tyco international plc to september 2, 2016 . Q4 earnings per share view $1.19 -- Thomson Reuters I/B/E/S .FY 2016 earnings per share view $3.91 -- Thomson Reuters I/B/E/S.  Full Article

TE Connectivity was reimbursed $305 million by Tyco International and Covidien pursuant to their indemnifications for pre-separation tax matters
Tuesday, 31 May 2016 06:19pm EDT 

Te Connectivity Ltd : Company's net cash payment was $140 million during q2 of fiscal 2016, representing company's share of total amount payable to irs . Was reimbursed $305 million by tyco international and covidien pursuant to their indemnifications for pre-separation tax matters .Company paid $2 million to covidien for company's share of deficiencies for which covidien was primary obligor.  Full Article

Johnson Controls says Tyco head George Oliver to serve as CEO of new company
Friday, 27 May 2016 08:00am EDT 

Johnson Controls Inc : Johnson Controls and Tyco announce future executive leadership team upon close of planned merger . Tyco chief executive officer George Oliver will serve as president and chief operating officer of new co . Alex Molinaroli will serve as chairman and chief executive officer for 18 months after closing for combined co . Oliver will become CEO and Molinaroli will become executive chair for one year, after which Oliver will become chairman, CEO .Brian Stief will serve as executive vice president & chief financial officer for combined co.  Full Article

Tyco International PLC Tightens FY 2016 EPS guidance; gives Q3 2016 EPS guidance
Friday, 29 Apr 2016 06:00am EDT 

Tyco International PLC:Provides guidance for Q3 2016 EPS before special items of $0.52 - $0.54.Tightens guidance range for FY 2016 EPS before special items to $2.05 - $2.10 from previous $2.05 - $2.20.  Full Article

BRIEF-Johnson Controls commences exchange offers for Johnson Controls Notes, Tyco International Finance S.A. Notes

* Johnson controls commences exchange offers for Johnson Controls, Inc notes and Tyco International Finance S.A. Notes