Textron Inc (TXT.N)
24 May 2019
Mon, Apr 22 2019
(This April 17 story corrects headline and first paragraph to say the certification is expected in the 'third' quarter, not the 'second')
April 17 Textron Inc said on Wednesday it expects the final certification of its newest Longitude business jet in the third quarter of 2019, after it was delayed for several months.
Textron Inc said on Wednesday it expects the final certification of its newest Longitude business jet in the second quarter of 2019, after it was delayed for several months.
* Reaffirms full-year profit outlook (Adds analyst comment, share move)
April 17 Textron Inc on Wednesday reported a 5.7 percent fall in quarterly revenue due to the divestiture of its tools and test equipment business.
Textron Inc forecast 2019 profit above analysts' estimates on Thursday, after reporting stronger-than-expected fourth-quarter results on higher demand for its Cessna business jets, sending its shares up as much as 8.7 percent.
* Shares rise as much as 8.7 pct (Adds details from conf. call; updates shares)