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Carrier Global Corporation CARR - News Analyzed: 3,999 - Last Week: 100 - Last Month: 500

⇑ Carrier Global Corporation (CARR) Continues Winning Streak with Strong Q1 2024 Earnings and Strategic Moves

Carrier Global Corporation (CARR) Continues Winning Streak with Strong Q1 2024 Earnings and Strategic Moves
Carrier Global Corporation (CARR) has been performing well, outperforming competitors on multiple trading days. Their Q1 2024 earnings surpassed expectations, further boosted by strategic acquisitions. The company also enhanced its liquidity with a new credit facility and announced the closing of substantial notes offerings. An upcoming dividend has raised interest in the corporation while various institutions have increased their shareholding. Despite uncertainty around the near-term outlook, there's strong confidence in Carrier's capacity to continue outperforming the industry average, underscored by robust 2023 results and a positive 2024 outlook. Notable developments include an agreement with Montana Technologies to commercialize carbon-reducing cooling technology and an investment in Strategic Thermal Labs for data center development. Shareholders will see an increase in their dividends. The company has also acquired Viessmann Climate Solutions USA, expanded its portfolio by selling its security unit and received approval for the acquisition of Viessmann Climate Solutions from the European Commission. Concerns have been voiced over additional financing risk with a new debt.

Carrier Global Corporation CARR News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Sun, 19 May 2024 15:36:59 GMT - Rating 8 - Innovation 1 - Rumor -5

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