Carrier Global Corporation (NYSE:CARR), a global provider of innovative cooling solutions, has been dominating the headlines with a series of significant developments. From
strong quarterly results,
positive 2024 outlook, increase in
dividend payouts, to healthy acquisitions and divestments, the company has left solid footprints in its transition. Key events include the successful closing of
β¬2.35 Billion and $3.0 Billion notes offerings, sale of its industrial Fire Business for
$1.425 Billion, investment into
Strategic Thermal Labs for developing data center solutions, and selling Global Access Solutions Business to
Honeywell for $4.95 Billion. Moreover, there has been an
increase in institutional investments despite occasional underperformance compared to competitors. The increase in
dividend payouts has also garnered attention. There have been significant personnel changes as well with a high-level executive selling over
$12 million in company stock. The company's
ROE surpasses that of the industry average, enhancing its attractiveness among investors.
Carrier Global Corporation CARR News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Thu, 16 May 2024 13:13:29 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 4