U.S. Stocks Open Lower as Fears About Global Growth Are Renewed

U.S. stocks opened lower Friday as fears about global growth resurface a day after the Federal Reserve's decision to leave key interest rates unchanged. Texas Instruments (TXN) is raising its dividend by 12% and buying back $7.5 billion in shares. Rockwell Collins (COL) provided a downbeat sales outlook. Freeport McMoRan (FCX) raised a billion dollars through a share sale. Johnson Controls (JCI) says it will cut up to 3,000 jobs. This is part of the company's plan to save $250 million a year. The job cuts equal 2.5% of the company's workforce and will take place over the next 2 years. British luxury designer Burberry will show off its latest fashion collection on Snapchat before it hits the runway at London fashion week. The spring/summer collection will premiere in the messaging app on Sunday, September 20th and will disappear within 24 hours.