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Johnson Controls CEO to retire, names new director after talks with Elliott

UPDATE 4-Johnson Controls CEO to retire, names new director after talks with Elliott Adds comments from analysts and Elliott executive in paragraphs 3, 6, 8 By Pratyush Thakur July 31 (Reuters) - Johnson Controls JCI.N said on Wednesday that it has started a succession plan for CEO George Oliver, who is set retire, and added a board member following talks with activist investor Elliott Investment, sending the company's shares up 8%.
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Xylem Inc reports results for the quarter ended in June - Earnings Summary

Xylem Inc reports results for the quarter ended in June - Earnings Summary Xylem Inc XYL.N reported quarterly adjusted earnings of $1.09​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 98 cents. The mean expectation of fifteen analysts for the quarter was for earnings of $1.05 per share.
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Xylem raises profit forecast on demand for water treatment products

Xylem raises profit forecast on demand for water treatment products July 30 (Reuters) - Xylem XYL.N raised its annual profit forecast on Tuesday after posting higher-than-expected second-quarter results that benefited from demand for its water and waste-water treatment products. The company said it expects 2024 adjusted profit to come in between $4.18 and $4.28 per share, compared to its previous forecast of $4.10 to $4.25 per share.
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Xylem Q2 Revenue USD 1,802 Million Vs. IBES Estimate USD 2,145 Million

BRIEF-Xylem Q2 Revenue USD 1,802 Million Vs. IBES Estimate USD 2,145 Million Jul 30 (Reuters) - Xylem Q2 net income USD 194 million. Q2 gross profit USD 819 million Q2 pretax profit USD 247 million Q2 operating income USD 253 million Q2 EPS USD 0.8 Q2 adjusted net income USD 266 million vs. IBES estimate USD 256.7 million Q2 adjusted EPS USD 1.09 vs.
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Xylem Inc <XYL.N> expected to post earnings of $1.05 a share - Earnings Preview

Xylem Inc expected to post earnings of $1.05 a share - Earnings Preview Xylem Inc XYL.N , XYL is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The Washington Washington Dc-based company is expected to report a 24.5% increase in revenue to $2.145 billion from $1.72 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on May 2 2024, for the period ended June 30, was for re
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US court's reversal of 'Chevron deference' may limit investments in EVs, safer chemicals, Jefferies says

US court's reversal of 'Chevron deference' may limit investments in EVs, safer chemicals, Jefferies says July 11 (Reuters) - The U.S. Supreme Court's recent decision to overturn a 1984 precedent, which allowed government agencies to interpret unclear laws, could curb investments in electric vehicles and the development of safer chemicals used in manufacturing, according to a Jefferies analyst.
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Dupont edges lower, announces deal to buy Donatelle Plastics

BUZZ-Dupont edges lower, announces deal to buy Donatelle Plastics ** Shares of chemical maker Dupont de Nemours DD.N down marginally at $80.90 after markets open ** Company announced agreement to acquire Donatelle Plastics Incorporated, a medical device contract manufacturer; transaction expected to close in 3Q24 ** Bloomberg News reported on Monday that DuPont's water business was drawing takeover interest from potential industry buyers like Xylem XYL.N and Veralto VLTO.N , citing people with k
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DuPont's water unit draws interest from potential buyers Xylem and Veralto - Bloomberg News

MEDIA-DuPont's water unit draws interest from potential buyers Xylem and Veralto - Bloomberg News -- Source link: https://tinyurl.com/fbzm6hfx -- Note: Reuters has not verified this story and does not vouch for its accuracy
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U.S. Chord Energy, PVH, Saia

U.S. RESEARCH ROUNDUP-Chord Energy, PVH, Saia June 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chord Energy, PVH and Saia, on Thursday. HIGHLIGHTS * Chord Energy Corp CHRD.O : Gerdes Energy Research raises to buy from neutral * Costco Wholesale Corp COST.O : Oppenheimer raises target price to $905 from $850 * PVH Corp PVH.N : Barclays raises target price to $154 from $149 * Saia Inc SAIA.O : TD Cowen raises tar
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U.S. Connectone Bancorp, Hormel Foods, UMB Financial

U.S. RESEARCH ROUNDUP-Connectone Bancorp, Hormel Foods, UMB Financial May 31 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Connectone Bancorp, Hormel Foods and UMB Financial, on Friday. HIGHLIGHTS * Connectone Bancorp Inc CNOB.O : KBW cuts to market perform from outperform * Hancock Whitney Corp HWC.O : KBW raises to outperform from market perform * Hormel Foods Corp HRL.N : JP Morgan raises to neutral from underwe
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Xylem Unveils Multi-Year Growth Strategy At 2024 Investor Day

BRIEF-Xylem Unveils Multi-Year Growth Strategy At 2024 Investor Day May 30 (Reuters) - Xylem Inc XYL.N : XYLEM UNVEILS MULTI-YEAR GROWTH STRATEGY AT 2024 INVESTOR DAY : REAFFIRMS CURRENT YEAR OUTLOOK XYLEM TARGETS 4-6% ANNUAL ORGANIC REVENUE GROWTH IN LONG TERM XYLEM PROJECTS MID-TEENS ADJUSTED EPS GROWTH IN LONG TERM FY2024 EARNINGS PER SHARE VIEW
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DuPont’s big breakup could be second-time lucky

BREAKINGVIEWS-DuPont’s big breakup could be second-time lucky The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, May 23 (Reuters Breakingviews) - How big should a company be? For DuPont de Nemours DD.N boss Ed Breen, the real question is: how small? DuPont is about to break up into three companies, separating out its water and electronics units from the business that makes industrial materials such as Kevlar.
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Online yatırım platformumuzda yayınlanan tüm materyaller yalnızca eğitim/bilgilendirme amaçlıdır ve finansal tavsiye, yatırım vergisi veya yatırım tavsiyesi ve önerileri ya da yatırım fiyatlarımızın kaydı veya herhangi bir finansal enstrümanda işlem yapılması için bir teklif veya teşvik ya da talep edilmemiş finansal promosyonları içermez ve içerdiği şeklinde bir değerlendirme yapılmamalıdır.

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