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Textron Inc (TXT.N)

TXT.N on New York Stock Exchange

66.79USD
17 Jul 2018
Change (% chg)

$0.11 (+0.16%)
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Latest Key Developments (Source: Significant Developments)

CPI Aerostructures Receives $3.8 Million Contract Amendment From Bell Helicopter
Wednesday, 7 Mar 2018 

March 7 (Reuters) - CPI Aerostructures Inc ::CPI AEROSTRUCTURES RECEIVES $3.8 MILLION CONTRACT AMENDMENT FROM BELL HELICOPTER FOR AH-1Z VIPER HELICOPTER COMPONENTS.CPI AEROSTRUCTURES INC - ‍CONTRACT AMENDMENT EXTENDS PERIOD OF PERFORMANCE BY ONE YEAR​.CPI AEROSTRUCTURES INC - IDIQ CONTRACT PREVIOUSLY ANNOUNCED IN JAN 2017, NOW HAS VALUE OF $18.6 MILLION.  Full Article

Textron Says Seen A Turn In Business Jet Demand Environment - Conf Call‍​
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Textron Inc ::TEXTRON ANTICIPATES LONGITUDE AIRCRAFT CERTIFICATION IN THE FIRST QUARTER OF 2018 - CONF CALL‍​.TEXTRON EXPECTS MARGIN IMPROVEMENTS ACROSS ITS AVIATION, INDUSTRIAL AND SYSTEMS BUEINSSES IN 2018, WITH ABOUT FLAT MARGINS AT THE BELL UNIT - CONF CALL‍​.TEXTRON EXPECTS BUSINESS JET PRICING TO BE POSITIVE IN 2018 - CONF CALL‍​.TEXTRON SAYS SEEN A TURN IN THE BUSINESS JET DEMAND ENVIRONMENT OVER THE LAST 3 MONTHS, BUT REMAINS CAUTIOUS UNTIL POSITIVE SENTIMENT LEADS TO ORDERS AT A FAIR PRICE - CONF CALL‍​.TEXTRON SAYS U.S. AIR FORCE IS WORKING ON DETERMINING THEIR NEXT STEPS WITH RESPECT TO IT'S SCORPION OR AT-6 MILITARY AIRCRAFT- CONF CALL‍​.  Full Article

Textron Reports Q4 Loss Per Share $0.40 From Continuing Operations
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Textron Inc ::TEXTRON REPORTS FOURTH QUARTER 2017 RESULTS; ANNOUNCES 2018 FINANCIAL OUTLOOK.SEES FY 2018 EARNINGS PER SHARE $2.95 TO $3.15 FROM CONTINUING OPERATIONS.SEES FY 2018 REVENUE ABOUT $14.6 BILLION.Q4 REVENUE $4.0 BILLION VERSUS I/B/E/S VIEW $4.11 BILLION.Q4 LOSS PER SHARE $0.40 FROM CONTINUING OPERATIONS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.74 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $0.77 -- THOMSON REUTERS I/B/E/S.TEXTRON AVIATION BACKLOG AT END OF Q4 WAS $1.2 BILLION, UP $15 MILLION FROM END OF Q3.BELL BACKLOG AT END OF Q4 WAS $4.6 BILLION, DOWN $407 MILLION FROM END OF Q3.FY2018 EARNINGS PER SHARE VIEW $3.01, REVENUE VIEW $14.79 BILLION -- THOMSON REUTERS I/B/E/S.NET EARNINGS FOR QUARTER WERE REDUCED BY A PROVISIONAL TAX CHARGE OF $1.00 PER SHARE RESULTING FROM ENACTMENT OF TAX CUTS AND JOBS ACT.  Full Article

Textron Says With Additional Restructuring, Total Special Charges For Q4 Estimated To Be $55 Mln
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Textron Inc ::TEXTRON SAYS DECIDED TO TAKE ADDITIONAL RESTRUCTURING ACTIONS BEYOND THOSE ALREADY INCLUDED IN CO'S PLAN ON AUGUST 30, 2016 - SEC FILING.TEXTRON SAYS WITH ADDITIONAL RESTRUCTURING, TOTAL SPECIAL CHARGES FOR Q4 ESTIMATED TO BE $55 MILLION - SEC FILING.TEXTRON - NOW EXPECTS TO INCUR ADDITIONAL SPECIAL CHARGES OF ABOUT $45 MILLION RELATED TO 2016 RESTRUCTURING PLAN.TEXTRON - RESTRUCTURING ACTIONS INCLUDE FURTHER CONSOLIDATION OF OPERATING FACILITIES, PRODUCT LINES STREAMLINING WITHIN BELL, TEXTRON SYSTEMS & INDUSTRIAL SEGMENTS.TEXTRON SEES ADDITIONAL GAAP TAX EXPENSE IN Q4 OF $250 MILLION - $300 MILLION RELATED TO REVALUATION OF NET DTA, RELATED ITEMS.  Full Article

‍U.S. CPSC says Arctic Cat Recreational Off-Highway Vehicles Recalled Due to Fire Hazard
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - U.S. Consumer Product Safety Commission::‍U.S. CPSC says Arctic Cat recalled about 300 recreational off-highway vehicles & 3,000 winch accessory kits due to fire hazard​.‍U.S. CPSC says Arctic Cat received 49 reports of winch solenoid failure, with five resulting in fires; no injuries have been reported​.  Full Article

Arctic Cat's ROVs recalled due to fire hazard
Monday, 30 Oct 2017 

Oct 30 (Reuters) - U.S. CPSC:Arctic Cat recreational off-highway vehicles recalled by Textron specialized vehicles due to fire hazard.Recall involves about 14,100 model year 2014 through 2017 wildcat trail and 2015 through 2017 wildcat sport models of Arctic Cat ROVs​.‍U.S. CPSC says firm received 444 reports of plastic panels melting, with five resulting in fires; no injuries have been reported as part of recall​.  Full Article

Textron sets quarterly dividend of $0.02 per share
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Textron Inc ::‍Board of Directors declared a quarterly dividend of $0.02 per share on company's common stock​.  Full Article

Textron reports third quarter 2017 results updates full-year EPS range and raises cash flow guidance
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Textron Inc :Textron reports third quarter 2017 results; updates full-year EPS range and raises cash flow guidance.Q3 revenue $3.5 billion versus I/B/E/S view $3.55 billion.Q3 earnings per share $0.60 from continuing operations.Q3 adjusted Non-Gaap earnings per share $0.65 from continuing operations.Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.Textron Inc - ‍during this year's Q3, company recorded $25 million of pre-tax special charges ($0.05 per share, after-tax)​.Textron Inc - ‍expects full-year 2017 gaap earnings per share from continuing operations will be in range of $2.20 to $2.30​.Textron Inc - ‍Textron aviation backlog at end of Q3 was $1.2 billion, up $142 million from end of Q2​.Textron Inc - ‍expects full-year 2017 adjusted earnings per share from continuing operations will be $2.40 to $2.50​.Textron Inc - ‍bell backlog at end of Q3 was $5.0 billion, down $413 million from end of Q2​.Textron Inc - ‍increasing its expected full-year manufacturing cash flow before pension contributions by $150 million to a range of $800 to $900 million​.FY2017 earnings per share view $2.52 -- Thomson Reuters I/B/E/S.  Full Article

OneJet says ‍will add Cessna Citation CJ4 aircraft to fleet in Q1 2018​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - OneJet::OneJet says ‍will add Cessna Citation CJ4 aircraft to fleet in Q1 of 2018​.  Full Article

Textron inc - files for potential notes offering due 2028 size not disclosed
Monday, 11 Sep 2017 

Sept 11 (Reuters) - Textron Inc :Textron Inc - files for potential notes offering due 2028; size not disclosed - SEC Filing‍​.  Full Article

U.S. Air Force ends light attack flight experiments after crash -official

WASHINGTON, July 3 The US Air Force canceled remaining flights that were a part of its Light Attack experiment after a recent fatal crash of an A-29, an Air Force official said on Tuesday.