Carrier Global Corporation (CARR) had a notable action-packed period recently. The corporation entered a settlement agreement to resolve AFFF litigation. Meanwhile, they exceeded earnings estimates and have been performing comparatively well against competitors in the financial trading arena. Significant dividends were declared multiple times by the Carrier Board of Directors, while the corporation went through a transformative pivot, integrating their EcoEnergy Insights™ and Abound™ Digital Solutions.
Their stock price target was increased multiple times by various analysts, with strong Q2 reports allowing CARR to out Strip others in HVAC and Water Systems Stocks. Dealings included the close of a $4.95B sale of their Global Access Solutions Business and an agreement to sell their commercial and residential fire business to Lone Star Funds' affiliate for $3 billion. Despite challenges like downgrades and share sales, the corporation maintained consistent momentum. Innovation was highlighted as Carrier Ventures invested in Strategic Thermal Labs for groundbreaking data center cooling technology development.
Carrier Global Corporation CARR News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Sat, 19 Oct 2024 12:37:31 GMT - Rating 8 - Innovation 7 - Information 7 - Rumor -4
