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Textron Inc

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  • US STOCKS-Wall St near flat; Internet names gain Thursday, 1 May 2014 | 2:56 PM ET

    *Textron and Cardinal Health fall after results. Shares of Cardinal Health and Textron, which reported some disappointing quarterly results, also limited gains. Facebook, up 2.2 percent at $61.06, and other Internet shares were among the day's better performers, helped by strong results from Yelp, whose shares gained 9.5 percent to $63.85.

  • Midday movers: Ford, Kellogg, Rite Aid & More Thursday, 1 May 2014 | 12:07 PM ET

    Some of Thursday's midday movers:

  • *Yelp shares rally on results, boosting Internet names. *Textron and Cardinal Health fall after results. NEW YORK, May 1- U.S. stocks rose on Tuesday, shrugging off early losses as the Nasdaq advanced alongside Internet names, which were boosted by strong results from Yelp.

  • *Cuts 2014 profit forecast by 8 cents to $1.92- $2.12/ share. May 1- Textron Inc reported quarterly results below analysts' estimates due to fewer deliveries of its Bell helicopters and costs related to its acquisition of Beechcraft Corp..

  • *Textron and Cardinal Health fall after results. Industrial names were among the weakest, pressured by Textron results, while Cardinal Health hit healthcare names. Cardinal fell 6.2 percent to $65.20 as its revenue missed expectations, while Textron lost 3 percent to $39.67 as earnings fell from the prior year and sales were nearly flat.

  • *Yelp shares up in premarket as revenue jumps. Health insurer Cigna Corp reported first-quarter earnings that beat expectations, while Cardinal Health's revenue was below forecasts, sending shares down 2.2 percent to $68 in premarket trading. *Late Wednesday, Yelp Inc reported a 66 percent rise in quarterly revenue.

  • *Yelp shares up in premarket as revenue jumps. Health insurer Cigna Corp reported first-quarter earnings that beat expectations, while Cardinal Health's revenue was below forecasts, sending shares down 2.2 percent to $68 in premarket trading. *Late Wednesday, Yelp Inc reported a 66 percent rise in quarterly revenue.

  • *Yelp shares up in premarket as revenue jumps. Health insurer Cigna Corp reported first-quarter earnings that beat expectations, following similarly positive results from competitors WellPoint Inc and Aetna Inc. Textron Inc's earnings fell from the prior year while revenue was nearly flat.

  • May 1- Textron Inc reported a 24 percent drop in quarterly profit, partly due to fewer deliveries of its Bell helicopters and unmanned aircraft systems. Textron, also the maker of Cessna business aircraft, said fewer deliveries to the military contributed to an 8 percent drop in revenue at the Bell business.

  • Textron profit falls on lower helicopter sales Thursday, 1 May 2014 | 6:42 AM ET

    The world's largest maker of business aircraft said income from continuing operations dropped to $87 million, or 31 cents per share, in the first quarter ended March 29, from $115 million, or 40 cents per share, a year earlier.

  • Activists, big pharma & lil' 'Squawkers' deliver Thursday, 24 Apr 2014 | 7:02 PM ET

    What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • WASHINGTON, April 17- An unmanned U.S. Navy helicopter built by Northrop Grumman Corp and a precision ship-landing system built by Raytheon Co face mandatory reviews that could lead to their cancellation after quantity reductions drove unit costs sharply higher in 2013, the Pentagon announced on Thursday.

  • OTTAWA, March 28- Canada has signed a $105 million contract with the Philippines to supply eight military helicopters made by Bell Helicopter Textron Canada, a unit of Textron Inc, Canadian International Trade Minister Ed Fast said on Friday.

  • Pentagon moving ahead with new vertical lift aircraft Friday, 21 Feb 2014 | 11:39 PM ET

    HUNTSVILLE, Alabama, Feb 21- The Pentagon is committed to early design work on a new aircraft that will replace thousands of helicopters now used by the U.S. military, its first "clean sheet design" program in years, the Army official heading the effort said on Friday.

  • Feb 19- Garmin Ltd handily beat quarterly profit estimates and forecast a strong 2014 as sales of GPS-based fitness, aviation and outdoor products more than made up for shrinking sales of personal navigation devices, a market it once dominated. Garmin shares jumped as much as 12 percent to $52.72- their highest in six years.

  • UPDATE 1-Aviation, fitness sales drive Garmin profit Wednesday, 19 Feb 2014 | 8:19 AM ET

    Feb 19- Navigation device maker Garmin Ltd reported a better-than-expected quarterly profit, helped by strong demand for aviation and fitness products, sending its shares up 8 percent before the bell.

  • As West cuts, global defence industry balance shifts Wednesday, 12 Feb 2014 | 9:13 AM ET

    *Asia, Gulf to drive global defence growth in 2014. LONDON, Feb 12- Fuelled by growing strains in Middle East and Asia, global defence spending looks set to rise in 2014 for the first time since the 2008 financial crisis.

  • Vietnamese, Indian and Thai carriers will place orders for over 100 Airbus or Boeing passenger jets worth $12 billion at list prices, industry officials say. Malaysian Airlines could also place an order for Airbus long-haul and medium-haul jets.

  • Early movers: UTX, COH, IBM, AMZN, SHLD & more Wednesday, 22 Jan 2014 | 7:47 AM ET

    Some of the names on the move ahead of the open.