Johnson Controls' revenues were $9.4 billion in Q2 2008 up from $8.5 billion a year ago. The company's net income rose from $228 million in Q2 2007 to $289 milliion in Q2 2008.
8:30 AM Johnson Controls Reports First Quarter Earnings Up 39%; Confirms Full-Year 2008 Outlook for Double-Digit Earnings Increase.The stock opened higher by almost 4% then sold off ending the day down more than 5% as investors worried about debt and cashflows as well as a troubled north american auto industry.
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