Canadian liquidation assets hurt Textron's earnings

10/20/2010 | Bloomberg Businessweek

Textron said that the liquidation of its Canadian finance assets resulted in a loss of $48 million, or 17 cents a share, for the third quarter. Revenue from the company's Cessna business segment declined by $290 million year-over-year due in large part to lagging demand for new aircraft. Textron's Bell Helicopter revenues, however, increased $197 million, helped by transactions with the U.S. government.

View Full Article in:

Bloomberg Businessweek

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Sales Engineer: Aerospace and Defense
Hydra-Electric Company
Burbank, CA
Membership Ambassador
The National LGBT Bar Association
Washington, DC
Senior Electrical Sensor Engineer
Hydra Electric Company
Burbank, CA
Business Development Associate
Banneker Industries, Inc.
North Smithfield, RI
Associate Director of Training
Out & Equal Workplace Advocates
San Francisco, CA