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
Business Development Advisor, Nicaragua
Cuso International
Managua
Manager, Corporate Events
Aerospace Industries Association
Arlington, VA
Liaison Engineer
Aerospace Quality Research and Development
Columbus, OH
Press Secretary
Aerospace Industries Association
Arlington, VA
Executive Director
FreeState Legal Project
Baltimore, MD