Textron announces plunging earnings, slashing of finance operations

12/23/2008 | Sun (Baltimore), The

Textron, the manufacturer of Cessna jets and Bell helicopters, said Monday that its adjusted earnings from continuing operations will be as much as two-thirds lower than originally projected, and net losses could reach 91 cents a share. To boost liquidity, the company plans to all but shut down its commercial finance operations, and 2,200 jobs have been eliminated.

View Full Article in:

Sun (Baltimore), The

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
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
Director of Planned Giving
Los Angeles LGBT Center
Los Angeles, CA
Assistant Director of Development
Gay & Lesbian Advocates & Defenders (GLAD)
Boston, MA