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

↑ Massive Movement as Funds and Banks Deepen Their Stake in Carrier Global Corporation CARR

Massive Movement as Funds and Banks Deepen Their Stake in Carrier Global Corporation CARR
Carrier Global Corporation (CARR) has been experiencing major activity as indicated in previous news. Funds such as Empowered Funds LLC and Signaturefd LLC are increasing their stakes in the company, while Swiss National Bank has a $140.73 million stake. The company has made significant sales, such as the $1.425B sale of its industrial fire business and the important $4.95B sale of its Global Access Solutions Business to Honeywell. It reported strong quarterly earnings in 2023 and announced a positive outlook for 2024. It also closed a noteworthy notes offerings of €2.35 Billion and $3.0 Billion. Market uncertainty has been observed around the stock's short-term outlook. Nonetheless, the company has announced multiple agreements including selling the Carrier Commercial Refrigeration to Haier while announcing updated timing for its presentation at the Bank of America Global Industrials Conference. Several organizations including BI Asset Management Fondsmaeglerselskab A S and Nordea Investment Management AB have modified their holdings in the company.

Carrier Global Corporation CARR News Analytics from Thu, 05 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 18:21:20 GMT - Rating 6 - Innovation 0 - Information 8 - Rumor 0

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