New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 14, 2013
13:16 EDTTXTAAI Logistics & Technical Services win logistics contract worth $7M
AAI Logistics & Technical Services, an operating unit of Textron Systems, a Textron company, announced that it has been selected by Naval Supply Systems Command Weapon Systems Support in Philadelphia, Pa., to deliver PBL support for the EA-6B Prowler, E2C Hawkeye, and C-2 Greyhound aircraft. The three-year base contract allows two one-year options and has a total potential value of $7 million over five years.
News For TXT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 28, 2015
06:32 EDTTXTTextron reports Q2 Aviation revenue $1.12B
Reports Q2 Bell revenue $850M; Q2 Systems revenue $322M, Q2 Industrial revenue $927M.
06:31 EDTTXTTextron backs FY15 EPS cont ops $2.30-$2.50, consensus $2.50
Subscribe for More Information
06:31 EDTTXTTextron reports Q2 EPS cont ops 60c, consensus 59c
Subscribe for More Information
July 21, 2015
10:14 EDTTXTHigh option volume stocks:
Subscribe for More Information
July 19, 2015
20:33 EDTTXTMedia reports say Lockheed to buy UTX's Sikorsky
According to media reports, Lockheed Martin (LMT) has agreed to purchase United Technologies' (UTX) Sikorsky unit. The news comes after several months of speculation surrounding Sikorsky, and an announcement could be made just a day prior to second quarter earnings for both United and Lockheed. WHAT'S NEW: Reuters reported on Sunday that Lockheed Martin has agreed to buy Sikorsky Aircraft from United Technologies for over $8B, according to two sources, adding that the deal is set to be formally announced on Monday. The news was later echoed by Bloomberg, citing a person familiar with the talks. WHAT'S NOTABLE: United Technologies first reported that it was exploring strategic options for its Sikorsky unit on March 11. At the time, the company noted that options included a spinoff or a stand-alone public company, saying that the split could allow United "to better focus on providing high-technology systems and services to the aerospace and building industries." Following the announcement, UBS remarked that it was "not surprised" and reiterated a $136 price target on United shares. On May 20, the Wall Street Journal quoted sources as saying Boeing (BA), Airbus (EADSY) and Lockheed submitted bids for the helicopter maker, with a speculated deal thought to reach the $10B area. A June 9 report from Reuters added Textron (TXT) to the list of bidders. Today's news -- though unconfirmed by either United or Lockheed -- comes ahead of second quarter earnings reports for both companies scheduled for Tuesday, July 21. PRICE ACTION: Shares of Lockheed Martin declined 0.22% to $201.18 at the close of trading on July 17, while those of United Technologies fell 0.45% to $110.76.
15:31 EDTTXTLockheed Martin to buy Sikorsky for over $8B, Reuters says
Subscribe for More Information
July 14, 2015
17:16 EDTTXTBell Boeing awarded contract by U.S. Navy for five V-22 Osprey
Bell Boeing, a strategic alliance between Bell Helicopter, a Textron (TXT) company, and Boeing (BA), was awarded a U.S. Navy contract for five Bell Boeing V-22 Osprey tiltrotor aircraft to be delivered to Japan, marking the first sale of the aircraft through the U.S. governmentís foreign military sales program. The contract for the Block C aircraft includes support, training, and equipment. The versatile V-22 tiltrotor will allow Japanís Ground Self-Defense Force greatly enhanced capabilities, while providing an ideal platform for relief efforts in response to natural disasters.
06:12 EDTTXTTextron initiated with a Neutral at JPMorgan
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use