Relational Investors Said It's Not Involved With Textron (TXT)
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Price: $96.13 +0.63%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
Revenue Growth %: +2.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
Revenue Growth %: +2.7%
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Activist investment fund Relational Investors told Reuters that while they reviewed an investment in Textron Inc. (NYSE: TXT) it was never a serious prospect and it has no stake in the company.
Shares of the aerospace and defense conglomerate are up 6 percent Wednesday on prior reports the company is reviewing a spin-off of certain units.
Shares of the aerospace and defense conglomerate are up 6 percent Wednesday on prior reports the company is reviewing a spin-off of certain units.
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