UPDATE 2-Johnson Controls quarterly earnings rise

Newswire

(Adds analyst's remarks, details on earnings, sales, outlook) CHICAGO, July 21 (Reuters) - Johnson Controls Inc. on Thursday said quarterly earnings rose, supported by strength in both its automotive parts and its building heating and cooling businesses. Johnson Controls, whose fiscal fourth-quarter and full fiscal 2005 forecasts were below the analysts' consensus, said third-quarter results were in line with company forecasts as was the fiscal year outlook. "The quarter was very close ...

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