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Textron Inc

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  • TAKE A LOOK-Farnborough International Airshow Friday, 11 Jul 2014 | 5:21 PM ET

    July 11- Suspense over the appearance of America's newest combat jet, a diplomatic chill between the West and Russia and the re-launch of an Airbus jet with a surprise tweak in its name have made the Farnborough Airshow one of the least predictable for years. >Farnborough on tenterhooks over F-35, Airbus jet revamp.

  • BRUSSELS, July 9- The chief executive of Bell Helicopter said on Wednesday he was confident that the company's concept for the U.S. Army's next-generation helicopter would be selected for flight testing in an eagerly awaited decision expected within the next month.

  • TOKYO, July 3- Japan's Mitsubishi Electric has agreed to take the first step towards a partnership with European missile maker MBDA to develop a medium-range air-to-air missile for the F-35 stealth fighter, two people with knowledge of the matter said.

  • The talks, which began in earnest over the past two months, represent another milestone in Prime Minister Shinzo Abe's bid to nurture a domestic military export industry that would also bring down Japan's defence procurement costs at a time of rising tensions between Tokyo and an increasingly assertive China.

  • The talks, which began in earnest over the past two months, represent another milestone in Prime Minister Shinzo Abe's bid to nurture a domestic military export industry that would also bring down Japan's defence procurement costs at a time of rising tensions between Tokyo and an increasingly assertive China.

  • *China business jet sales to top $65 bln over 20 years. Now the supplier of private aircraft for the Ferrari motor racing team is looking into a new joint venture far from home- manufacturing in China.

  • Your first trade for Wednesday Tuesday, 20 May 2014 | 1:00 PM ET

    The "Fast Money" traders share their final trades of the day.

  • *May Day holiday mutes trading volume in Europe, Asia. Federal Reserve reiterated confidence on its economic outlook despite the slim 0.1 percent growth in U.S. gross domestic product in the first three months of 2014. "Internet is the place to be today," said Michael Matousek, head trader at U.S. Global Investors Inc. in San Antonio, Texas.

  • NEW YORK, May 1- The U.S. agency that investigates airplane crashes urged the U.S. safety regulator on Thursday to audit several Alaska- based air carriers after a series of accidents over 19 months in which six people were killed.

  • NEW YORK, May 1- The U.S. National Transportation Safety Board urged the Federal Aviation Administration on Thursday to audit Alaska- based charter air carriers owned by HoTH Inc, following a series of accidents and incidents since September 2012 that led to multiple fatalities.

  • 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.