CEO AppointmentAnalyst is positive on the appointment of a new, outsider CEO Joakim Weidemanis, who during his tenure as head of Danaher's Diagnostics business, oversaw significant operating margin improvement.
Data Center Business GrowthJCI highlighted its data center business was growing in the high double digits for both revenue and orders.
Share Buybacks$5bn of proceeds from the residential and light commercial divestiture expected at year-end will be deployed into share buybacks.