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Textron Inc

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  • 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.

  • NEW YORK, Jan 24- Corporate America is rapidly healing one of the last wounds suffered in the 2008 financial crisis.

  • *Earnings/share $0.60 vs $0.50 a year earlier. Jan 22- Textron Inc, maker of Cessna aircraft and Bell helicopters, said it expects revenue at its flagship business jet unit to rise 19 percent in 2014, driven mostly by deliveries of two new aircraft launched late last year.

  • Jan 22- Textron Inc, the maker of Cessna aircraft and Bell helicopters, reported a 17 percent rise in quarterly profit as sales of its Citation business jets picked up after five straight quarters of decline. Textron delivered 62 Citations in the fourth quarter ended Dec. 28, compared with 53 a year earlier.

  • Textron profit rises as Cessna deliveries pick up Wednesday, 22 Jan 2014 | 6:37 AM ET

    Jan 22- Textron Inc, the world's largest maker of business aircraft, reported a 17 percent rise in quarterly profit due to higher deliveries of its Cessna aircraft.

  • *Textron to buy Beechcraft for $1.4 billion in cash. Shares of Twitter Inc, the social media company that has nearly tripled in value since going public in early November, slid 13 percent to close at $63.75 after investors took profits.

  • *Textron to buy Beechcraft for $1.4 billion in cash. Twitter Inc, the social media stock, which has nearly tripled in price since going public in early November, slid 7.1 percent to $68.11 by midday. I think it's normal market behavior at the end of the year, "said Robert Francello, head of equity trading for Apex Capital in San Francisco.

  • *Dow on track for best two-week period since June 2012. *Textron to buy Beechcraft for $1.4 billion in cash. NEW YORK, Dec 27- U.S. stocks edged higher on Friday as the market's recent upward bias continued, though investors were reluctant to make big bets after a rally that repeatedly took major indexes to all-time highs.

  • *Dow on track for best two-week period since June 2012. *Textron to buy Beechcraft for $1.4 billion in cash. NEW YORK, Dec 27- U.S. stock index futures were flat on Friday, with investors reluctant to make big bets after a rally that took major indexes repeatedly to all-time highs.

  • Early movers: TWTR, TSLA, DDD, UPS, ANIP & more Friday, 27 Dec 2013 | 7:51 AM ET

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

  • US STOCKS-Futures flat but on track for strong week Friday, 27 Dec 2013 | 7:32 AM ET

    *Dow on track for best two-week period since June 2012. *Textron to buy Beechcraft for $1.4 billion in cash. NEW YORK, Dec 27- U.S. stock index futures were flat on Friday, with investors reluctant to make big bets after a rally that took major indexes repeatedly to all-time highs.

  • Private jet makers see big opportunity in China Thursday, 26 Dec 2013 | 5:03 PM ET
    Gulfstream jet in Beijing, China

    China is preparing to welcome private aircraft, a move that may herald the greatest expansion of business and private aviation in 30 years.

  • *China is preparing to open up lower airspace. Recent rules changes, however, indicate that China is preparing to open its skies to private aircraft, in a move that may herald the greatest expansion of business and private aviation in the last 30 years.

  • Dec 20- Textron Inc, maker of Cessna planes, has agreed to buy aircraft maker Beechcraft for $1.4 billion, the Financial Times reported on Friday, citing unnamed sources. Textron's shares closed nearly 15 percent higher on the news, ending the day $4.72 higher at $37.29. Officials at both Textron and Beechcraft declined to comment.

  • Textron to buy Beechcraft for $1.4 billion -report Friday, 20 Dec 2013 | 2:14 PM ET

    Dec 20- Textron Inc has agreed to buy aircraft maker Beechcraft for $1.4 billion, the Financial Times reported on Friday, citing unnamed sources. Beechcraft emerged from bankruptcy protection in February and hired Credit Suisse to seek buyers for its jet plane business, which has been losing money, the newspaper reported.

  • FORT WORTH, Texas, Dec 19- The tilt-rotor. aircraft that Textron Inc's Bell Helicopter is designing for a U.S. army competition would help troops travel longer distances as the military shifts focus to the Asia-Pacific region, a company official said.

  • DUBAI, Nov 21- The Dubai Airshow was closed on Thursday after heavy winds and rain hit the region overnight. A spokesman for the U.S. Air Force said there was no damage to the 12 U.S. aircraft that were on display as U.S. officials had moved the aircraft late on Wednesday to a nearby maintenance facility in anticipation of the storm.

  • DUBAI, Nov 20- The U.S. military on Wednesday began moving 12 U.S. aircraft on display at the Dubai Airshow to a nearby maintenance facility ahead of a major sandstorm and thunderstorm expected to hit the region, a spokesman for U.S.

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