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Textron Inc (TXT.N)

TXT.N on New York Stock Exchange

49.10USD
17 May 2019
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Mon, Apr 22 2019

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Textron sees final certification of Longitude jet in third quarter

(This April 17 story corrects headline and first paragraph to say the certification is expected in the 'third' quarter, not the 'second')

CORRECTED-Textron sees final certification of Longitude jet in third quarter (April 17)

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 sees final certification of Longitude jet in second quarter

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.

UPDATE 2-Textron profit beats on higher aircraft sales

* Reaffirms full-year profit outlook (Adds analyst comment, share move)

Textron's first-quarter revenue falls 5.7 percent

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.

Strong business jet demand drives Textron's profit beat, shares rise

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.

UPDATE 2-Strong business jet demand drives Textron's profit beat, shares rise

* Shares rise as much as 8.7 pct (Adds details from conf. call; updates shares)

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