Textron (TXT)

Add a New Bears Reason Company: Textron (TXT) Current price: Headline: (100 character max) Analysis: Cancel 75% agree 4 votes   Textron's Cessna will be hurt by recession Top Contributor: Remi Cossart | Created when NYSE:TXT was $9.97 | Edit | History Cessna is the world's largest manufacturer of business jets - which have taken a large hit during the recession. With businesses cutting costs, company jets have slumped in demand. In June, Textron was forced to cut 1,300 jobs due to its excess capacity. Things will continue to worsen for Textron as the economy slows. (100 character max) Cancel

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