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Johnson Controls reports record quarterly sales


Year-end earnings expectations have been revised down, however, because of the impact of $3 per gallon gasoline prices and higher interest rates on automotive interiors in North America. Income for that business unit was down 16 percent to $168 million, in part because quarterly sales dropped six percent to $4.7 billion.

Overall, the company still expects annual sales to reach $32 b......

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Source:wistechnology.com By WTN News 07/20/06


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