Johnson Controls Conference Call Notes (JCI)

Johnson Controls (NYSE:
JCI
) says "commodities were not factor in quarter... had higher engineering costs in Europe... will have margin expansion in 2H... Japan auto production down 50% next quarter... would have boosted forecast without Japan.. has 120 vehicle launches this year... has 1 or 2 programs `that have bit us'."
Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.