Johnson Controls sees restructuring charge


CHICAGO, June 29 (Reuters) - Johnson Controls Inc. , an auto parts supplier and building heating and cooling systems maker, on Thursday said it expects after-tax restructuring charges of $130 million to $140 million in its third quarter. The charge amounts to 66 cents per share to 71 cents per share for cost cuts mainly in its auto interiors and building efficiency businesses for job cuts and plant consolidations expected to be mostly done in the next 12 months, it said. Johnson Controls ...

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