• Textron jumped 12 percent. The maker of Cessna planes reported that its quarterly earnings nearly doubled. The results trounced Wall Street analysts’ estimates, thanks to rising demand for its Citation line of business jets and Bell helicopters. Textron gained $2.74 to $26.50.
• Johnson Controls sank 8 percent. Earnings for the maker of auto parts and building equipment fell far short of expectations, partially a result of a weaker euro and sluggish demand from Europe. The company said it expects Europe to remain a problem. Johnson Controls’ stock lost $2.25 to $26.07.
By Elaine Donnelly
Extending sexual misconduct to combat units
Independent voices from the TWT Communities
Uncensored exploration of issues concerning current events, civil liberties, American political advocacy, and the political and social issues facing military veterans.
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