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Stock Market & Financial Investment News

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December 24, 2013
10:42 EDTTXTTextron deal for Beechcraft would be 15c accretive, says Deutsche Bank
Deutsche Bank estimates a Textron acquisition of Beechcraft, as reported late last week by the Financial Times, would be 15c accretive on an annual basis. Deutsche thinks the potential deal has strategic logic, but adds it was surprised by the 14% rally in Textron shares last Friday. The firm keeps a Hold rating on the stock. Deutsche issued a correction to its previous note which estimated the deal accretion at 20c.
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April 23, 2014
13:40 EDTTXTTextron cuts 750 jobs in Aircraft division, WSJ says
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