Textron (NYSE:TXT) fell 2.5% on Wednesday morning after the industrial conglomerate said it will halt production of powersports products. It also said it was pursuing strategic alternatives for the ...
Textron is in a tricky place today, as the bizjet cycle is likely past its peak, the FLRAA win is some distance from full production, and macroeconomic headwinds pressure Industrial. The FLRAA ...