CARR Stock Recent News

Consumers in northern regions can use incentives such as rebates and tax credits ranging from around $2,000 - $8,000 depending on location and eligibility to purchase these high-efficiency units. INDIANAPOLIS , Sept.

Carrier Global Corporation (NYSE:CARR ) Morgan Stanley's 12th Annual Laguna Conference September 11, 2024 11:10 AM ET Company Participants David Gitlin - Chairman & CEO Patrick Goris - SVP & CFO Conference Call Participants Christopher Snyder - Morgan Stanley Cedar Ekblom - Morgan Stanley Christopher Snyder All right. Thanks, everybody.

Carrier Global Corp. CARR, +0.32% said Thursday it has agreed to sell its commercial and residential fire business to a unit of Lone Star Funds in a deal with an enterprise value of $3 billion. The maker of heating and cooling systems said the move “marks a defining step in our planned business exits critical to our transformational journey to becoming a focused, agile, higher-growth, pure-play company dedicated to creating a more sustainable world for generations to come,” said CEO David Gitlin in prepared remarks.

PALM BEACH GARDENS, Fla. , Aug. 15, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion.

PALM BEACH GARDENS, Fla. , Aug. 8, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced the early tender results for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, for the outstanding notes listed in the table below (collectively, the "Securities" and each, a "series") such that (i) the aggregate purchase price (excluding accrued and unpaid interest) for all Securities purchased in the Tender Offers does not exceed $800,000,000 (the "Aggregate Purchase Price") and (ii) the aggregate principal amount of (x) the Company's 5.900% Notes due 2034 (the "Notes due 2034") purchased in the Tender Offers does not exceed $125,000,000 and (y) the Company's 6.200% Notes due 2054 (the "Notes due 2054") purchased in the Tender Offers does not exceed $350,000,000 (each of (x) and (y), a "Series Tender Cap" and, collectively, the "Series Tender Caps").

INDIANAPOLIS , Aug. 6, 2024 /PRNewswire/ -- Carrier and Sibi, a technology platform for supply chains, are collaborating to transform the HVAC industry through enhanced data-driven efficiency and the creation of a new optimized supply chain management system. Carrier is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

BEVERLY, Mass. , Aug. 2, 2024 /PRNewswire/ -- Carrier Global Corporation, on behalf of its Sensitech business, a world leader in supply chain visibility, has completed its acquisition of the Monitoring Solutions business of Berlinger & Co. AG, a Swiss family-owned company that specializes in innovative and customized solutions for monitoring temperature-sensitive goods in the pharmaceutical and life science, clinical trial and global health segments.

With soaring summer heat in America, some stocks will benefit from consumers turning down their thermostats and enjoying more time indoors. This should translate to higher spending on practical products and services such as air conditioning and related items.

PALM BEACH GARDENS, Fla. , July 26, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the "Securities" and each, a "series").

Carrier is transforming into a pure-play HVAC company but remains diversified by geography and exposure to secular trends like electrification and data center growth. Viessmann Climate Solutions and China are currently experiencing headwinds, but North American residential is strong, along with commercial globally. Despite hitting new highs, CARR stock valuation remains cheaper than peers.