Similar Stories to The Motley Fool: Shaking Up The Dow Jones Industrial Average on Bing News

In 2004, AIG, Pfizer and Verizon Communications replaced Eastman Kodak, International Paper and an old formation of AT&T. In 1999, Microsoft, Intel, SBC Communications and Home Depot replaced Chevron, Goodyear Tire and Rubber, Union Carbide and Sears. The aviation and defense industries aren't typically fast-growing ones, especially since they're often vulnerable to cuts in government spending. TXT, a manufacturer of business jets and single-jet Cessnas, military helicopters and protection systems, and an array of auto parts. Textron's latest quarterly results featured revenue rising 16.8 percent to $4.1 billion over the prior-year quarter and earnings per share jumping 26.7 percent. Management tempered near-term expectations, but some see it merely being cautious, as it has been restructuring its Bell military products and helicopter division. [...] Bell Helicopter recently received an order for 200 upgraded emergency medical services helicopters. Another boon for Textron is our current low-interest-rate environment, as it makes financing a single-engine Cessna a reasonable proposition.

BING NEWS:
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    05/2/2024 - 3:07 am | View Link
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    American Express owns one of the world's four main credit card networks. Unlike Visa and Mastercard, American Express acts as its own bank. Instead of just earning swipe fees that can be unpredictable ...
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    Motley Fool is an industry-standard asset manager, resulting in an Average Parent Pillar rating. One notable advantage of Motley Fool is its below-average fees. On average, the firm's open-end and ...
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