February 26, 2009 at 04:20 AM EST
Textron (TXT): Flying Through the Fog
Textron (TXT) is in some serious trouble as evidenced today by slashing their dividend by 91%, down to a penny each quarter. The company makes Cessna private plans, Bell Helicopter, EZGO golf carts, as well as having significant exposure to auto manufacturing supplies. These times could not be much worse for Textron as [...]
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