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Stock Market & Financial Investment News

News Breaks
May 1, 2014
06:33 EDTTXTTextron reports Q1 cont ops EPS 31c, consensus 40c
Reports Q1 revenue $2.85B, consensus $3.03B
News For TXT From The Last 14 Days
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June 17, 2015
09:51 EDTTXTJefferies to hold company meetings at the Paris Air Show
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June 16, 2015
06:10 EDTTXTAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link
June 15, 2015
10:02 EDTTXTTextron signs LOI for sale of 20 Bell 525 Relentless helicopters
Bell Helicopter, a Textron (TXT) company, and Milestone Aviation Group, a GE Capital Aviation Services (GE) company, announced plans to move forward with a letter of intent to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve a variety of roles with Milestone’s lessees around the world, including oil and gas, emergency medical service, search and rescue, and utility opportunities. Delivery of aircraft to Milestone is expected to begin in late 2017.

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