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Deadly Osprey crash caused by mechanical failure, pilot error, US Air Force says

UPDATE 1-Deadly Osprey crash caused by mechanical failure, pilot error, US Air Force says Adds Japanese government comment in paragraphs 7-8 WASHINGTON, Aug 1 (Reuters) - A U.S. military Osprey aircraft crash off the coast of Japan in November that killed all eight crew members was caused by a failure in the gear box and the pilot's decision making contributed to it, an Air Force investigation released on Thursday said.
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Deadly Osprey crash caused by mechanical failure, pilot error, US Air Force says

UPDATE 1-Deadly Osprey crash caused by mechanical failure, pilot error, US Air Force says Adds Japanese government comment in paragraphs 7-8 WASHINGTON, Aug 1 (Reuters) - A U.S. military Osprey aircraft crash off the coast of Japan in November that killed all eight crew members was caused by a failure in the gear box and the pilot's decision making contributed to it, an Air Force investigation released on Thursday said.
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Deadly Nov. Osprey crash caused by mechanical failure, pilot error, US Air Force says

Deadly Nov. Osprey crash caused by mechanical failure, pilot error, US Air Force says WASHINGTON, Aug 1 (Reuters) - A U.S. military Osprey aircraft crash off the coast of Japan in November that killed all eight crew members was caused by a failure in the gear box and the pilot's decision making contributed to it, an Air Force investigation released on Thursday said.
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US State Dept OKs potential sale of helicopters to Slovakia, Pentagon says

US State Dept OKs potential sale of helicopters to Slovakia, Pentagon says WASHINGTON, July 31 (Reuters) - The U.S. State Department has approved the potential sale of attack helicopters and related equipment to Slovakia for an estimated cost of $600 million, the Pentagon said on Wednesday. The principal contractors will be Bell Textron TXT.N and General Electric GE.N , the Pentagon said.
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Textron close to buying Spirit Aero fuselage program for V-280 military aircraft, source says

Textron close to buying Spirit Aero fuselage program for V-280 military aircraft, source says By Allison Lampert FARNBOROUGH, England, July 24 (Reuters) - Textron TXT.N is close to acquiring the fuselage-making program for its V-280 military aircraft from Spirit AeroSystems SPR.N , according to a source familiar with the matter, in the latest carve-out from Boeing's BA.N recent deal to acquire the Kansas-based supplier.
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Republican senator urges defense firm CEOs to safeguard Spirit work

UPDATE 1-Republican senator urges defense firm CEOs to safeguard Spirit work Adds more details, background, comments in paragraphs 4-12 By David Shepardson and Allison Lampert FARNBOROUGH, England, July 22 (Reuters) - U.S. Senator Jerry Moran is urging the CEOs of major defense companies to ensure that work performed by Spirit AeroSystems SPR.N will not be disrupted by Boeing's BA.N planned acquisition of the Kansas-based supplier.
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Republican senator urges defense firm CEOs to safeguard Spirit work

Republican senator urges defense firm CEOs to safeguard Spirit work FARNBOROUGH, England, July 22 (Reuters) - U.S. Senator Jerry Moran is urging the CEOs of major defense companies to ensure that work performed by Spirit AeroSystems will not be disrupted by Boeing's BA.N planned acquisition of the Kansas-based supplier. Moran, a Kansas Republican who is the ranking member of the Senate Commerce aviation subcommittee, told Reuters he had spoken to the CEOS of Lockheed Martin, Northrop Grumman, Ai
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U.S. STOCKS Allstate, Quanta, First Industrial Realty

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, Quanta, First Industrial Realty Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's major indexes reversed early gains on Thursday after a brief rebound in chip and megacap stocks fizzled out, as investors rotated out of high-priced tech stocks and into underperforming sectors.
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U.S. STOCKS Meta Platforms, Cintas, Toast

BUZZ-U.S. STOCKS ON THE MOVE-Meta Platforms, Cintas, Toast Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 bounced back on Thursday, boosted by a recovery in megacaps, as an upbeat forecast from Taiwan Semiconductor Manufacturing lifted chip stocks after a sharp sell-off in the previous session.
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Textron rises after Q2 profit beat

BUZZ-Textron rises after Q2 profit beat ** Business jet maker Textron's TXT.N shares rise 2.5% to $94.38 ** Company beats Q2 profit estimates on higher demand across its businesses that make private jets, military helicopters ** Reports Q2 adj profit of $1.54/shr vs est $1.48 - LSEG ** Reiterates FY 2024 adjusted EPS forecast of $6.20 to $6.40 vs e
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Textron Inc reports results for the quarter ended in June - Earnings Summary

Textron Inc reports results for the quarter ended in June - Earnings Summary Textron Inc TXT.N reported quarterly adjusted earnings of $1.54​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.46. The mean expectation of sixteen analysts for the quarter was for earnings of $1.48 per share.
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Textron posts quarterly profit beat on business jet, helicopter demand

Textron posts quarterly profit beat on business jet, helicopter demand July 18 (Reuters) - Textron TXT.N beat Wall Street estimates for second-quarter profit on Thursday, on higher demand across its businesses that make private jets and military helicopters. Private jet makers have gained from robust demand for aircraft since the pandemic, as the wealthy switched to private flying.
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Textron Q2 Adjusted EPS USD 1.54 Vs. IBES Estimate USD 1.48

BRIEF-Textron Q2 Adjusted EPS USD 1.54 Vs. IBES Estimate USD 1.48 Jul 18 (Reuters) - Textron Q2 net income USD 259 million. Q2 revenue USD 3,527 million vs. IBES estimate USD 3,558 million Q2 EPS USD 1.35
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TSMC steadies the chips, ECB and Netflix eyed

MORNING BID AMERICAS-TSMC steadies the chips, ECB and Netflix eyed A look at the day ahead in U.S. and global markets from Mike Dolan Another impressive earnings beat from Taiwan's chipmaking giant TSMC 2330.TW may help calm this week's tech stock rout, as the earnings season turns toward wobbly megacaps with an update from Netflix on Thursday - just as the European Central Bank meets.
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Apollo 8 astronaut William Anders, who took 'Earthrise' photo, dead in plane crash

UPDATE 1-Apollo 8 astronaut William Anders, who took 'Earthrise' photo, dead in plane crash Adds confirmation from NASA chief, By Peter Cooney and Steve Gorman June 7 (Reuters) - Retired astronaut William Anders, who was one of the first three humans to orbit the moon, capturing the famed " Earthrise" photo during NASA's Apollo 8 mission in 1968 , died on Friday in the crash of a small airplane in Washington state.
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Families of Marines killed in 2022 Osprey crash sue Bell Textron, Boeing, Rolls Royce -Axios

MEDIA-Families of Marines killed in 2022 Osprey crash sue Bell Textron, Boeing, Rolls Royce -Axios WASHINGTON, May 24 (Reuters) - -- Source link: https://tinyurl.com/rpc2zdfr -- Note: Reuters has not verified this story and does not vouch for its accuracy (Washington newsroom)
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Textron Systems Collaborates With Kodiak To Develop Uncrewed Military Vehicle

BRIEF-Textron Systems Collaborates With Kodiak To Develop Uncrewed Military Vehicle May 20 (Reuters) - Textron Inc TXT.N : TEXTRON SYSTEMS COLLABORATES WITH KODIAK TO DEVELOP UNCREWED MILITARY VEHICLE Source text for Eikon: ID:nPn1snHLFa Further company coverage: TXT.N
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What we know about the crashed helicopter carrying Iran's president

FACTBOX-What we know about the crashed helicopter carrying Iran's president Changes media identifier By Gerry Doyle May 20 (Reuters) - The helicopter that crashed in Iran on Sunday, killing the country's president and foreign minister in mountain fog, was a Bell 212 model, Iranian state media reported. A civilian version of the ubiquitous Vietnam War-era UH-1N "Twin Huey," such helicopters are in wide use globally by both governments and private operators: WHAT ARE THE HELICOPTER'S ORIGINS?
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What we know about the crashed helicopter carrying Iran's president

FACTBOX-What we know about the crashed helicopter carrying Iran's president By Gerry Doyle May 20 (Reuters) - A Bell 212 helicopter carrying Iran's president and foreign minister crashed on Sunday , according to Iranian state media, as it flew through mountains in heavy fog. All are feared dead, an Iranian official said on Monday as search teams located the wreckage.
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U.S. Bath & Body Works, Under Armour, Viking Therapeutics

U.S. RESEARCH ROUNDUP-Bath & Body Works, Under Armour, Viking Therapeutics May 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Bath & Body Works, Under Armour and Viking Therapeutics, on Friday. HIGHLIGHTS * Advanced Drainage Systems Inc WMS.N : Barclays raises target price to $202 from $189 * Bath & Body Works Inc BBWI.N : JP Morgan raises to neutral from underweight * Tanger Inc SKT.N : Scotiabank raises to sect
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