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Wednesday, April 7, 2010 as of 11:14 AM ET

Textron

Textron () is an industrial conglomerate that includes Bell Helicopter, E-Z-GO, Cessna Aircraft Company, and Greenlee, among others.

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International Business Machines, Intel Corporation Among Stocks Down on Above-average Volume Wednesday

Here are stocks that are down on high volume today:International Business Machines (NYSE:IBM) was down on high volume after trading at a volume of 10.

1 million, or 2.6 its average daily volume. Shares were down 3.5% to $200.13. Share price is up, having risen $5.59 (2.7%) from $205.72 on March 19, 2012. The stock is trading 4.6% above its 200-day moving average.Trading at a volume of 71.6 million, or 2.1 its average daily volume, Intel Corporation (NASDAQ:INTC) was down on high volume today. Shares fell 1.8% to $27.95. Over the last three months, the stock has gained $1.57 (6%) from a price of $26.38 on January 20, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 0.9% above the mark.Johnson & Johnson (NYSE:JNJ) experienced a price drop on above-average volume today, with 20.4 million shares, or 1.9 its average daily volume, changing hands. The stock price declined 1.5%, closing at $63.26. The stock has lost momentum over the last three months, losing...

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  1. Textron Flies Higher After Topping Estimates

    Carried by soaring sales at its Cessna division, Textron (NYSE:TXT) revealed on Wednesday a 9.8% rise in second-quarter profits that exceeded Wall Street’s expectati...

  2. U.S. manufacturers see improving economy ahead

    By Scott Malone and Nick ZieminskiBOSTON/NEW YORK (Reuters) - A pair of top U.S. manufacturers beat Wall Street's profit expectations, as a recovering global economy...

  3. Textron 1Q Profit Soars Despite Soft Jet Deliveries

    Textron (NYSE:TXT) said on Wednesday that it swung to a first-quarter profit over a year ago loss, fueled by stronger demand by the military and commercial segments ...

  4. Manufacturers see improving economy ahead

    By Scott Malone and Nick ZieminskiBOSTON/NEW YORK (Reuters) - A pair of top U.S. manufacturers topped Wall Street's profit expectations, as a recovering global econo...

  5. U.S. manufacturers face a high bar this quarter

    By Scott MaloneBOSTON (Reuters) - U.S. manufacturers will have their work cut out for them if they want to impress Wall Street over the next few weeks.Profit growth ...

  6. China's biz jet-setters: no longer flying under the radar

    By James Pomfret and Alison LeungHONG KONG (Reuters) - Flanked by an entourage of assistants and advisors, Chinese mining tycoon Lian Guangming flitted from one luxu...

  7. Inside Iraq's Stock Exchange

    FBN's Ashley Webster with an exclusive look at the trading floor that has a daily turnover of $2 million.

  8. US firms say Iraqi regulation a challenge to trade

    By Serena ChaudhryBAGHDAD (Reuters) - Iraq's regulatory environmentremains a major challenge for international companies lookingto invest in the war-torn country, th...

  9. Helping Security in Iraq

    Director of Internationals Sales and Marketing Damaune Journey on meeting with companies for businesses ventures in Iraq.

  10. Boeing Partners With Iraq

    Boeing Middle East Sales Director Donald Galvanin on doing business in Iraq.

  11. Next Step for U.S. in Iraq: Commerce

    FBN's Ashley Webster on the U.S.'s first commercial delegation to the Mideast country.

  12. Textron to lay off 700 at Cessna amid weak demand

    By Scott MaloneBOSTON (Reuters) - Diversified U.S. manufacturerTextron Inc said it is cutting back production at itsCessna unit, citing soft demand for business jets...

  1. Spirit AeroSystems Sees Wichita Operations Idled 'At Least' Through Tuesday

    Spirit AeroSystems Holdings Inc. (SPR) said production at its Wichita facilities would remain idled "at least" through Tuesday as it continued to assess damage susta...

  2. Will Private Jets Make a Comeback in 2012?

    Private aviation analyst Brian Foley weighs in on the current state of the private jet industry.

  3. Impact on Defense Sector of Government Spending Cuts

    Citi aerospace & defense analyst Jason Gursky on how government cuts to defense spending will impact the defense industry.

  4. Textron Jumps 7% On Spin-off Speculation

    Shares of Cessna-maker Textron Inc. jumped nearly 7% in early trading Wednesday following a report by Reuters that the conglomerate was considering spinning off some...

  5. Moody’s: Supercommittee’s Failure Is Credit Negative for Defense Contractors

    Moody’s Investors Service has ranked the top 10 defense programs -- and defense contractors -- that could get hurt by an estimated $1.2 trillion in automatic budget ...

  6. Drone makers seek out new targets

    By Soham Chatterjee and Bijoy Anandoth Koyitty(Reuters) - Almost a century after the first pilot-less plane was test launched from the back of a truck in the English...

  7. United Tech Gearing Up for Major Buy

    United Technologies Corp is lining up financing in the double-digit billions of dollars to support a major acquisition in the United States, according to two people ...

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