All User Takes for Textron Inc.
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.
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
Slowing Growth in the military and consumer sectors should make this dead money for a while. Hold position at best.
