Textron Stock Drops On Q1 Earnings, Job Cuts
Shares of Textron inc. (TXT) are falling over 12 percent on Thursday after the company's first-quarter earnings missed the analysts' estimates. The company also announced lay-offs.
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Shares of Textron inc. (TXT) are falling over 12 percent on Thursday after the company's first-quarter earnings missed the analysts' estimates. The company also announced lay-offs.
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Pittenger & Anderson Inc. grew its holdings in Textron Inc. (NYSE:TXT – Free Report) by 37.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,300 shares of the aerospace company’s stock after acquiring an additional 2,000 shares during the period. Pittenger & Anderson […]
NEW YORK — U.S. stocks are tumbling Thursday after a dispiriting cocktail of data suggested both that the economy’s growth is flagging and that inflation remains stubbornly high.