Investors in Johnson Controls Inc. (NYSE:JCI)
have watched the company being restructured in the past couple of
years, and the recent third-quarter results promised more of the same.
Having announced an intent to explore strategic options for its
Automotive Experience segment (dealing in car seating and interiors) in
June, management subsequently released third-quarter results and
announced plans for a tax-free spinoff of the segment -- one that could
change the nature of the company. With this development in mind, let's
look at the five key takeaways from the earnings report.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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