Market Winners & Losers: Monsanto, MBIA Nov 11, 2009
Textron Inc. (TXT) The defense company saw its shares rise 3. 4%, or 67 cents, to end Tuesdays session at $20. (Fox News)
Though not illegal, appropriations raise questions Nov 10, 2009
Monday, November 09, 2009. Give us YOUR Weekly Opinion. (Honolulu Star-Bulletin)
Flowserve posts flat 3Q profit, narrows guidance Oct 29, 2009
Textron Inc. said Tuesday its third-quarter profit plunged 98 percent as the company continues to face reduced sales at its corporate jet and helicopter businesses. Scott Donnelly, the company's president and CEO-elect, said in a statement that demand for Textron's products "continues to show signs of stabilization," but recovery "likely will be slow and modest.". (Fresno Bee -- Business)
Manufacturing sector provides fresh hope Oct 28, 2009
October 28, 2009 - 6:52AM. US manufacturers of business jets, farm machinery and trucks reported earnings on Tuesday that provided fresh hope the economy may be stabilising as once-crippled credit markets start to mend. (Sydney Morning Herald -- Business)
Textron's profits plunge in weak market Oct 28, 2009
Textron Inc. said Tuesday that its third-quarter profit plunged 98 percent as the company continues to face reduced sales at its corporate jet and helicopter businesses. Scott Donnelly, the company's president and CEO-elect, said in a statement that demand for Textron's products "continues to show signs of stabilization," but recovery "likely will be slow and modest.". (The Augusta Chronicle)
Ex-CEO sues Bell over firing Oct 24, 2009
Named as defendants in Prieto s lawsuit are Bell Aerospace, Fort Worth-based Bell Helicopter and their corporate parent, Rhode Island s Textron Inc.. All three defendants have denied wrongdoing in court records. (Dallas Business Journal, TX)
Woodward Governor deal for HR Textron among world's biggest Q3 defense M&As Oct 23, 2009
Providence, R.I.-based Textron Inc. (NYSE: TXT) is a multi-industry company involved in aviation and defense that makes Bell helicopters and Cessna planes. The quarter's largest single defense-related acquisition was Intel Corp.'s $884 million deal for Wind River Systems, IHS Jane's said. (Denver Business Journal, CO)
Bell Helicopter Armed Forces Bowl & Mountain West Conference Renew Partnership Oct 23, 2009
Bell Helicopter Armed Forces Bowl ain West Conference Renew Partnership - MWC OFFICIAL ATHLETIC SITE. Bell Helicopter Armed Forces Bowl ain West Conference Renew Partnership. (Themwc.com)
Matching Gifts Oct 21, 2009
Matching Gift Companies - CLEMSON UNIVERSITY OFFICIAL ATHLETIC SITE. Matching Gift Companies Thank you for making the extra effort - and for your doubled support. (Clemsontigers.com)
Platinum’s acquisitions is varied and extensive Oct 7, 2009
2006: Fastening Systems, a maker of latching components for automotive and aerospace equipment (from Textron Inc.). 2007: Healthcare Marketing Services, providers of sales and communications services (from Cardinal Health). (Boston Globe)
Don’t undermine this treaty Sep 23, 2009
Yet Textron Inc., which manufactures the Sensor Fuzed Weapon in Wilmington, is pushing a campaign to discard the treaty in favor of new rules that would allow the company s version of smart anti-tank cluster bombs to be sold, used, and stockpiled around the world. The treaty was signed in December by 98 countries and ratified by 17 of the 30 needed for implementation; the United States is not among the signatories. (Boston Globe)
Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan Sep 17, 2009
Law Office of Brodsky & Smith, LLC Announces Investigation On Behalf of Participants in the Textron Savings Plan - Yahoo. "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1253194217", "close" : "1253217617", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". (Primezone Releases)
US stock market higher on economy stabilising Sep 10, 2009
Aircraft maker Textron Inc. rose 43 cents, or 2. 4 percent, to $18. (The Star Online, Malaysia)
White House Discloses All Agency Waivers Sep 5, 2009
Waivers were also given for, among others, Naomi Walker, associate deputy secretary at the Department of Labor, to work on matters involving her former employee, the AFL-CIO; and Undersecretary of Defense for Acquisition, Technology and Logistics Ashton Carter to deal with Textron Inc., to which Carter had previously provided strategic consulting advice. The administration has been careful to limit the number of lobbying waivers after it received criticism for granting a waiver to William Lynn. (Roll Call)
Obama gave AG ethics waiver to probe Stevens case Sep 5, 2009
Ash Carter, under secretary of defense for acquisition, technology and logistics, can get involved in matters related to Textron Inc., for whom he had been a consultant. Margot Rogers, a senior counselor to Education Secretary Arne Duncan, can participate in issues involving her former employer, the Bill and Melinda Gates Foundation, whose activities include education. (Yahoo News -- Politics)
Textron Inc. Sep 3, 2009
Local Search Site Search. THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING. (Boston Globe)
Market Winners & Losers: Textron, CA Inc. Sep 3, 2009
Textron Inc. (TXT) The defense contractor rose 12. 2% after being added to Goldman Sachs conviction buy list. (Fox News)
Defense Firms Mourn Chief Benefactor Kennedy Aug 27, 2009
8 million aerial drone equipment for a division of Textron Inc.. Moreso than Kerry, however, Kennedy's long history in Washington made him the man to see for defense deals, said one industry lobbyist, speaking on condition of anonymity because of commercial sensitivities. (Newsmax)
30 Bell Helicopter Workers Laid Off Aug 24, 2009
Bell Helicopter is based in Fort Worth, and its parent company is Rhode Island-based Textron Inc.. More Stories. (KWTX.com, TX)
Keller Rohrback L.L.P. Announces ERISA Investigation Regarding the Textron Savings Plan Aug 21, 2009
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1250861451", "close" : "1250884851", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)
Click to read:Mission Critical for Troops in Afghanistan Aug 19, 2009
Ocean Shipholdings Inc. Olin Corporation; also see John M. Olin and John M. Olin Foundation Omega Training Group Orbital Sciences Corporation OT Training Solutions Pennsylvania State University Perot Systems Pratt & Whitney (division of United Technologies) Precision Castparts Corporation Private Military Corporations Private Federal Corporations Quantum3D QinetiQ North America Raytheon Rockwell Collins Rolls-Royce plc RONCO (de-mini 00004000 ng operations Horn of Africa) Science Applications... (CBS News)
MIT researchers make carbon nanotubes without metal catalyst Aug 11, 2009
This work was supported by Airbus S.A.S., Boeing, Embraer, Lockheed Martin, Saab AB, Spirit AeroSystems, Textron Inc., Composite Systems Technology, and TohoTenax through MIT's Nano-Engineered Composite aerospace Structures (NECST) Consortium. . (EurekAlert!)
WILP names 9 new Hall members Aug 10, 2009
Monday, August 10, 2009. Published: August 09. (Erie Times-News, PA)
Full Story » Jul 30, 2009
Phone call to NYSE set off Braikan fraud probe - Yahoo. Search Type Choose a search type from the items below. (Yahoo News -- Top Stories)
Phone call to NYSE set off Braikan fraud probe Jul 30, 2009
Search Type Choose a search type from the items below. By Jonathan Spicer Jonathan Spicer. (Yahoo News -- Top Stories)
Gates says U.S. urban pullout in Iraq going well Jul 29, 2009
Web search enhanced by. Wednesday July 29, 2009. (The Star Online, Malaysia)
Kuwaiti Charged With Fraud in US Kills Himself Jul 27, 2009
In April, rumors and a report in a Kuwaiti newspaper that a consortium of Middle East companies was offering to buy Textron Inc. sent shares of the Providence, Rhode Island company soaring more than 50 percent in a single day. No deal for the manufacturer of Bell helicopters, Cessna jets and turf-maintenance equipment emerged, and shares plunged a few days later. (ABC News -- Wire)
U.S. Eyes Private Security for Afghanistan Jul 27, 2009
Textron Inc. o Bell Helicopter Textron ... Textron Inc. o Bell Helicopter Textron. (CBS News -- World)
Kuwaiti Financier Sued by SEC Over Takeover Hoaxes Jul 24, 2009
By Martha Graybow and Grant McCool July 23, 2009. NEW YORK (Reuters) - Securities regulators on Thursday sued a well-connected Kuwaiti financier whose investment firm is partly owned by Citigroup Inc , saying he reaped millions in suspicious profits after "fraudulent" takeover reports sent shares of two U.S. companies soaring. (ABC News -- Wire)
SEC Charges Kuwaiti Trader With Hoax Scheme Jul 24, 2009
-based electronic systems maker Harman International Industries Inc. A similar incident occurred in April with Providence, R.I.-based conglomerate Textron Inc.. The hoax offers caused the companies' shares to spike. (ABC News -- Wire)
Bell Helicopter and union resume talks amid strike Jul 9, 2009
Since then Bell Helicopter Textron Inc. has brought in about 1,000 temporary workers. But another union approved its 3-year contract with Bell last month. (KSLA.com, LA)
Bell, Texas UAW Local Reach Agreement Jun 30, 2009
Bell Helicopter is a subsidiary of Textron Inc.. More Stories. (KWTX.com, TX)
Bell Workers, Management Return To The Table Jun 28, 2009
HURST (June 27, 2009)--Striking manufacturing workers at Fort Worth-area Bell Helicopter Textron Inc. plants and management will return to the bargaining table on July 1. A statement by company officials said Bell accepted a suggestion from a federal mediator for both parties to return to talks. (KWTX.com, TX)
Team of 6 to probe fatal copter crash May 30, 2009
Bell Helicopter Textron Inc., which makes the helicopter, said the first deployment of 0H-58As to battle units in Vietnam was in 1969. The Army took delivery of the first 0H-58D advanced Scouts in 1986. (Honolulu Advertiser)
Cessna to close plant in Bend, lay off 150 May 2, 2009
In its quarterly report, Textron Inc. (NYSE: TXT) reported $2. 5 billion in revenue, a 24 percent drop from the first quarter of 2008. (The Business Journal of Portland, OR)
Bend loses Cessna plant Citing the recession and public anger, the small-aircraft maker closes the factory it bought less than two years ago Apr 30, 2009
Sales have plunged at Cessna's parent company, Textron Inc., and other companies as the economic meltdown slashes corporate budgets. Congressional and public anger over auto executives' use of luxury jets to attend bailout hearings in Washington, D.C., last November scared companies nationwide away from corporate aircraft. (OregonLive, OR -- Business)
Valley joblessness No. 1 in nation Apr 30, 2009
Textron Inc. said it will eliminate 8,300 jobs, or 20%, of its global work force, as the recession weakens demand for corporate planes. The maker of Cessna planes, Bell helicopters and turf-maintenance equipment this year said it would reduce its work force by 6,200 jobs, or 15%, mostly at Wichita, Kan. (Fresno Bee)
Cessna Aircraft plans to close Bend plant Apr 30, 2009
Cessna and its parent company, Textron Inc., bought the plant from Columbia Aircraft Manufacturing Co. in December 2007. It builds the high-performance, single-engine Cessna 350 and 400 Corvalis TT models priced from 500,000- 600,000 meant for entrepreneurs, small-business owners and some high-end flight schools. (Albany Democrat-Herald, OR)
Textron to reduce global work force by 20 pct Apr 30, 2009
WASHINGTON Textron Inc. said Wednesday it will expand job cuts to include an additional 2,100 positions, or 5 percent, of its global work force as the recession continues to weaken demand for corporate planes. The maker of Cessna planes, Bell helicopters and turf-maintenance equipment announced the latest job cuts in a conference call a day after the Providence, R.I., company reported a 63-percent drop in first-quarter earnings. (Florida Times-Union)
Textron's 1st-Quarter Profit Falls 63 Pct Apr 29, 2009
Textron Inc., which makes Cessna planes, Bell helicopters and turf maintenance equipment, said Tuesday its first-quarter profit fell 63 percent as the recession drove down demand for its corporate jets. It also slashed its 2009 profit outlook and said it expects more job cuts. (ABC News -- Wire)
Gulfstream, Cessna Purchases to Plunge 50% in Two Years as CEOs Shun Jets Apr 29, 2009
Gulfstream maker General Dynamics tomorrow will report the slowest profit growth in more than five years, according to analyst estimates compiled by Bloomberg, and Cessna owner Textron Inc. today said first-quarter profit from continuing operations fell 81 percent. Corporate aircraft make commercial airliners look like a safe haven, said , vice president of the Teal Group aviation consultancy in Fairfax, Virginia. (Bloomberg)
Bell Helicopter Armed Forces Bowl Continues With New Year's Eve Date Apr 18, 2009
A Textron Inc. Company, Bell Helicopter agreed August 23, 2006, to the title sponsorship for the post-season college football game formerly known as the PlainsCapital Fort Worth Bowl (2003, 2004) and the Fort Worth Bowl (2005), which is now the Armed Forces Bowl. With those changes, the official name is the Bell Helicopter Armed Forces Bowl. (Themwc.com)
Company wins award for operations Apr 17, 2009
E-Z-Go, a Textron Inc. company, has three manufacturing assembly lines and 1,000 employees in Augusta. The company has six branch locations nationwide. (The Augusta Chronicle)
Pool of small-aircraft pilots shrinks Apr 14, 2009
And last week, Cessna owner Textron Inc. said it may sell its small-aircraft business in response to the recession's heavy toll on demand. More worrisome for remote communities is that the number of public airports in the country has also slipped, down 2 percent since 2000 to 5,221, according to the Aircraft Owners and Pilots Association. (OregonLive, OR -- Business)
Stock Preacher Issues Technical Trade Alerts on: FCX, HUM, LNC, MOS, TSM, TXT Apr 9, 2009
Today's Trade Alerts include: Freeport-McMoRan Copper & Gold Inc. (NYSE: ) , Humana Inc. (NYSE: ) , Lincoln National Corp. (NYSE: ) , Mosaic Co. (NYSE: ) , Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: ) , Textron Inc. (NYSE: ). StockPreacher. (PR Newswire)
Textron Reiterates '09 Cash Outlook, Cuts Output Apr 1, 2009
Textron Inc. plans to further curtail production of Cessna jets this year as customers cancel or defer orders for planes, but said it still expects to end 2009 with at least $2. 6 billion in cash. (ABC News -- Wire)
It's Worse Than We Thought Mar 1, 2009
Dividends also have recently been cut by JP Morgan Chase & Co., Dow Chemical Co., Motorola Inc., Pfizer Inc., Textron Inc., CBS Corp. and the New York Times Co. On Friday, beleaguered Citigroup Inc. and Blackstone Group LP also trimmed or suspended their own dividends. . (Slate)
U.S. Stocks Tumble, S&P 500 Falls to 12-Year Low on Citigroup, GDP Report Mar 1, 2009
This week, , Textron Inc., Gannett Co., Lincoln National Corp., Allstate Corp. and JPMorgan Chase & Co. joined 27 other S&P 500 companies that cut their dividends this year. Citigroup suspended the payout on its common and preferred shares as part of its agreement with the government. (Bloomberg -- US)
GE to slash dividend Feb 28, 2009
The news comes at the end of a week that saw JPMorgan Chase & Co. and Textron Inc. slash their dividends as well in an effort to preserve capital. The dividend cut leaves investors facing one more big question about GE, which is the only original component of the Dow Jones industrial average to remain in that widely watched indicator. (Globe and Mail -- Business)
Component Changes Made to Dow Jones and Dow Jones STOXX Select Dividend and Dow Jones Italy Titans 30 Indexes Feb 27, 2009
In the Dow Jones U.S. Select Dividend Index, Textron Inc. (U.S., Industrial Goods & Services, TXT) will be replaced by Sysco Corp. (U.S., Retail, SYY) ... Textron Inc. is being removed due to a decrease in its dividend payment. (Primezone Releases)
Mother Of Crash Victim Sues Helicopter Maker, Operator Feb 22, 2009
Temp: 26 F (-3 C)Humidity: 66. High School Basketball Pairings. (KWTX.com, TX)
JPMorgan Cracks Down on Unused Credit Lines as Banks Seek to Free Capital Feb 11, 2009
Textron Inc., the maker of Cessna planes and Bell helicopters, drew down on $3 billion of credit lines last week because there wasnt enough demand for its debt in the commercial-paper market, , vice president of investor relations, said at the Cowen & Co. Aerospace and Defense conference in New York on Feb. 5. He said the Providence, Rhode Island-based aircraft-maker is now paying 0. (Bloomberg)
Out of work, on the dole for more Americans Feb 8, 2009
Cessna Aircraft Co., part of the Providence, R.I.-based conglomerate Textron Inc., said it plans to lay off 2,000 workers on top of 2,600 cuts it announced earlier this month. Ford Motor Co. said its credit arm would cut 20 percent of its work force, or 1,200 jobs. (OregonLive, OR -- Business)
