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Founded in 1923, Textron (TXT) is one of the world's leading multi-industry companies, specialising in the defence, aerospace, advanced technology and security sectors. From a small business, Textron has grown into a $13.8 billion conglomerate. The company is well-known for its popular brands, including Cessna, Bell Helicopter, E-Z-GO, Beechcraft and Jacobsen. With a presence in 25 countries, Textron has a team of 35,000 highly qualified employees working across their represented industries. Included to the S&P 500 index, Textron share price (TXT) is set and traded on the New York Stock Exchange (NYSE).
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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