Johnson Controls: Strategic Flywheel Gaining Momentum

sturti/E+ via Getty Images Strategic Focus With the recent announcement that it is selling its residential Heating Ventilation & Air Conditioning (HVAC) business, Johnson Controls (NYSE:JCI) is taking a major step to refine its portfolio. This is enabling it to firmly define itself as a "Comprehensive Solutions Provider for Commercial Buildings." Its suite of comprehensive solutions includes HVAC, fire safety, controls, security, and related services. Roughly 10% of the business will still be non-core after ...