Bill Wexler's Trading Cabana Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Trading Cabana

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cubsfan who wrote (5279)	4/9/2009 9:13:04 AM
From: RockyBalboa	Read Replies (1) of 6370

Some stuff is plainly unhealthy for the markets - see Textron,. an "automatic short to fade" gg Textron shares jump on report it may sell to Arab group By Christopher Hinton Last update: 8:11 a.m. EDT April 9, 2009 NEW YORK (MarketWatch) -- Shares of Textron jumped nearly 80% in premarket trading Thursday after a Kuwaiti newspaper reported a group of United Arab Emirates companies and a Kuwaiti firm wants to buy the owner of Cessna jets and Bell helicopters. Citing unidentified sources, Al-Watan Daily said the group was offering $21 a share for the Providence, R.I., company, according to a report from AFP. The consortium would reportedly take the civil side of Textron's aerospace business and sell the military side to a U.S. company, the newspaper said. Al-Watan did not give the consortium members names, AFP said. Texton stock has been rising this past week on rumors it will be bought now that its stock has plunged more than 65% in the last six months.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next