Textron, Inc. (TXT)
A global multi-industry company with operations in four business segments: Bell, Cessna, Industrial and Finance.
Recs
Overpriced. Look for a correction soon.
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They make cluster bombs. No thank you, all the money in the world is not worth to have blood on my hands.
To Textron CEO: call me about your latest cluster bombs when WW3 breaks down and Afghanistan attacks us with their submarines.
2000 shares: sold
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Cyclicals have run too hard, and the real demand is not there to support them.
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Goldman Sachs says "buy" but since they own shares that really means "buy our shares".
http://www.zerohedge.com/article/textrons-conviction-buy-list-kiss-goldman-sachs
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Worth $10.50 per upcoming stock issue
Worth $9.79 per Book Value
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It's video meetings, and live web - airplanes are a hassle since 911
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Obama capped the executive compensation at $500K. I think that will cut back a lot of luxury spendings for CEOs.
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Deal with Army may go sour
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'Haven't researched this much. I looked at the four industries this multi-industry outfit was in, and I didn't like any of them. They are definitely swimming upstream.
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Employees will tell you that Bell manufacturing is stuck in the 1950s. Changing CEOs (several times over the last few years) coupled with their employee unfriendly and union busting tactics, won't fix those kinds of problems. Taxpayer dollars, tax breaks and politics is all that keeps that part of the company going.

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