Textron (TXT): Q3 EPS of $0.85 misses by $0.02. Revenue of $3.53B (+13.6%) in-line. "Given the...

|About: Textron Inc (TXT)|By:, SA News Editor
Textron (TXT): Q3 EPS of $0.85 misses by $0.02. Revenue of $3.53B (+13.6%) in-line. "Given the sustained turmoil in world credit markets we are taking a number of strong and measured steps," including downsizing Textron Financial, strengthening of capital and liquidity, and an accelerated cost reduction program. (PR)