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News Breaks
08:32 EDTTXT
theflyonthewall.com: AAI and Carter Aviation enter exclusive licensing agreement
AAI, an operating unit of Textron Systems, a Textron company, announced that it has entered into a licensing agreement with Carter Aviation Technologies, giving AAI exclusive access to Carter’s Slowed Rotor/Compound technology for all unmanned aircraft applications. AAI will provide guidance, support and resources to Carter for continued development and maturation of its SR/C technology, after which AAI intends to develop unmanned aircraft variants for several applications. :theflyonthewall.com



News For TXT From The Last 14 Days
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February 8, 2010
15:28 EDTTXT
theflyonthewall.com: Textron will be acquirer not seller, Defense Unit CEO says, reports Bloomberg

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February 3, 2010
10:17 EDTTXT
theflyonthewall.com: Textron to host analyst and investor meeting

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January 29, 2010
11:21 EDTTXT
theflyonthewall.com: Textron named a long Research Tactical Idea at Morgan Stanley

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January 28, 2010
07:15 EDTTXT
theflyonthewall.com: Textron sees FY10 EPS 30c-50c vs. consensus 82c

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07:13 EDTTXT
theflyonthewall.com: Textron reports Q4 EPS 15c vs. consensus of 9c

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January 27, 2010
16:43 EDTTXT
theflyonthewall.com: On The Fly: U.S. Market Wrap-Up for Wednesday 1/27
The markets opened slightly lower but quickly advanced into positive territory. The move, however, was short-lived. After a disappointing new home sales report brought out the sellers, the markets drifted lower. Once they crossed back into negative territory, the selling accelerated until each of the major indices was lower by at least 0.50%. The averages sat in a narrow range until the release of the FOMC rate decision. The knee jerk reaction was to sell on the news, but the averages quickly reversed and pushed into positive territory by the close…The Dow rose 41.87 to 10,236.16, the S&P gained 5.33 to 1,097.50, and the Nasdaq added 17.68 to 2,221.41…Among the biggest gainers: Sanmina-SCI Corp. (SANM) surged 15% to $14.15 after beating Q1 EPS estimates by a wide margin. Super Micro Computer (SMCI) soared 16.3% to $13.50 after forecasting better-than-expected Q3 EPS estimates…The losers included: Caterpillar (CAT) which slumped 4.3% to $53.44 after reporting Q4 earnings that fell 65%. The company also issued a disappointing FY10 forecast. Jackson Hewitt (JTX) dropped 16.5% to 2.94 after reporting that it does not believe it can finance its refund anticipation loans…CURRENCY: The dollar closed 0.36% higher on the yen at 89.93 and 0.41% lower on the euro at 0.7132…COMMODITIES: Crude oil closed down 1.05 to 73.66...Natural gas lost 0.19 to 5.24...Gold was lower by 13.00 to 1,086.50…ECONOMIC DATA: New Home Sales for December fell 7.6% to an annual sales rate of 342K versus a consensus range of 350K to 385K. MBA Purchase Applications for the week of 1/22 fell 3.3%. Crude Inventories for the week of January 22 were down -3.88M vs. consensus of 1.5M build. Gasoline inventories 1.99M vs. consensus of 900K build. Distillates 358K vs. consensus of 1.8M draw. The FOMC left interest rates unchanged between 0%-0.25% and expects rates to remain low for “an extended period.” They also said that MBS purchases will end in March as scheduled. Tomorrow…Durable Goods Orders, Jobless Claims, and EIA Natural Gas Report are due…Notable companies reporting Thursday before the opening bell include: Altria Group (MO), AT&T (T), Ball Corporation (BLL), Becton Dickinson and Company (BDX), Bemis (BMS), Bristol-Myers Squibb (BMY), Cardinal Health (CAH), Celgene (CELG), Consol Energy (CNX), Dominion Resources (D), Eastman Kodak (EK), EQT Corporation (EQT), Ford (F), Franklin Resources (BEN), Goodrich (GR), Invesco (IVZ), Janus Capital (JNS), L-3 Communications (LLL), Life Technologies (LIFE), Lockheed Martin (LMT), Motorola (MOT), Raytheon (RTN), Rockwell Collins (ROK), Textron (TXT), The Estee Lauder Companies (EL), Timer Warner Cable (TWC), Xcel Energy (XEL), and Zimmer Holdings (ZMH). :theflyonthewall.com
15:32 EDTTXT
theflyonthewall.com: Companies reporting Before the Market Open on Thursday, January 28

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08:13 EDTTXT
theflyonthewall.com: FEI files amicus curiae brief with Supreme Court in Textron case

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