US: S&P raises Johnson Controls outlook to positive

Standard & Poor's Ratings Services has revised its outlook on Johnson Controls (JCI) to "positive" from "stable" and affirmed its rating on the company, including its BBB corporate credit rating. According to an AP report, the ratings agency said the company's improved revenue and operating margins suggest that its "end markets It’s time to log … Continued

• By Webmaster
• February 22, 2010