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Stock Market & Financial Investment News

News Breaks
January 1, 2013
14:36 EDTTXTTextron:4.5% convertible senior notes due '13 convertible at holders discretion
Textron announced today that its 4.5% Convertible Senior Notes due 2013 will be convertible at the option of the holders through March 31, 2013. The Notes will be convertible because Textronís common stock price exceeded the conversion threshold price of $17.06 per share (130 percent of the applicable conversion price of $13.125 per share) for at least 20 trading days during the 30 consecutive trading days ending December 31. As a result, during the first calendar quarter, holders of the Notes may elect to convert some or all of their Notes. Pursuant to the terms of the Indenture, the Notes will remain convertible through April 29, 2013, the second trading day preceding their May 1, 2013 maturity date. The Company may deliver shares of common stock, cash or a combination of cash and shares of common stock in satisfaction of its obligations upon conversion of the Notes.
News For TXT From The Last 14 Days
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September 26, 2014
10:01 EDTTXTOn The Fly: Analyst Upgrade Summary
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07:41 EDTTXTTextron upgraded at Stifel
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06:47 EDTTXTFAA drone decision could be milestone, NY Times says
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06:11 EDTTXTTextron upgraded at Stifel
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September 25, 2014
21:36 EDTTXTTextron upgraded to Buy from Hold at Stifel
September 24, 2014
11:30 EDTTXTAAR Corp. plummets after results miss estimates, outlook lowered
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05:07 EDTTXTTRU Simulation + Training to provide A320 FFS X to Ansett Aviation Training
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September 23, 2014
08:38 EDTTXTBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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05:18 EDTTXTTextron company to provide China Express Airlines with CRJ 900 FFS X
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September 18, 2014
12:48 EDTTXTTextron unit announces training center expansion
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