Curtiss-Wright Announces Sale of Douglas Equipment Business
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S&P Upgrades Textron (TXT) to 'BBB/A-2'; Outlook Stable
January 14, 2015 9:42 AM ESTStandard & Poor's Ratings Services today raised its ratings on Textron Inc. (NYSE: TXT) one notch, including raising the corporate credit rating to 'BBB/A-2' from 'BBB-/A-3'. The outlook is stable.
"The upgrade reflects the so-far successful integration of Beechcraft, improving credit measures after the... More
Textron (TXT) Unit Acquires Douglas Equipment from Curtiss-Wright (CW)
January 13, 2015 2:27 PM ESTThe Textron Specialized Vehicles group of Textron Inc. (NYSE: TXT), through Textron Ground Support Equipment UK Limited, has acquired the Douglas Equipment business from Curtiss-Wright Flow Control (UK) Limited, a subsidiary of Curtiss-Wright Corporation (NYSE: CW). Douglas Equipment is a manufacturer of ground support equipment (GSE) in the aviation industry, based in Cheltenham, England, UK.
Going forward, Douglas Equipment will operate as part of Textron Specialized... More
