Textron Inc.
TXT 21.81 +0.41 (+1.9%)
Textron produces and finances helicopters, tiltrotor aircraft, hovercraft, armored vehicles, jets, golf carts, off-road vehicles, and related parts. Well known brands include Bell (helicopters), E-Z-Go (golf carts), and the Cessna Aircraft.
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Textron Inc.
A while ago
Slowing Growth in the military and consumer sectors should make this dead money for a while. Hold position at best.
A while ago
Market cap is approaching annual cash flow, the market is pricing in too much risk of default given additional liquidity sources announced this year.
A while ago
company could go into default, way too many non-performing loans in its finance unit, who'se buying PVT jets?
A while ago
Golf carts, private jets, helicopters and a private finace arm = bad recession play. The only bright spot is the armored vehicles and military copter portion. Company slashed dividend last week in Feb 2009. Avoid.












