BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Textron: First TARP recipient from defense sector]]>http://www.bloggingstocks.com/2009/02/27/textron-first-tarp-recipient-from-defense-sector/http://www.bloggingstocks.com/2009/02/27/textron-first-tarp-recipient-from-defense-sector/http://www.bloggingstocks.com/2009/02/27/textron-first-tarp-recipient-from-defense-sector/#commentsFiled under: , , ,

Three products that are probably bad bets in this environment are private jets, helicopters and golf carts. Add in a large captive finance arm and an auto parts unit and you have Textron (NYS: TXT), the latest hobgoblin to join the dividend slasher parade and corporate Deathwatch. The Piqqem Sentiment on Textron is hard negative. The good folks at Ockham's Research hammer home these points and more.

Textron has had trouble in the past accessing commercial paper markets (and it's surely not having trouble now, right?) and raising equity capital. More than 50% of the assets on the books of its captive finance arm are non-performing and that could worsen as more companies that owe it money start to tip over in the various blighted industries it services. Add a slashed dividend to spook value and institutional investors. The upshot? Textron is basically ready to keel over, unfortunately.

Continue reading Textron: First TARP recipient from defense sector

Textron: First TARP recipient from defense sector originally appeared on BloggingStocks on Fri, 27 Feb 2009 09:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>armored vehiclesBAdefense stocksdividend cutsgolf cartshelicoptersinthenewsTARPTextronTXTFri, 27 Feb 2009 09:50:00 EST<![CDATA[United Technologies' services will be in demand awhile]]>http://www.bloggingstocks.com/2008/05/16/united-technologies-services-will-be-in-demand-awhile/http://www.bloggingstocks.com/2008/05/16/united-technologies-services-will-be-in-demand-awhile/http://www.bloggingstocks.com/2008/05/16/united-technologies-services-will-be-in-demand-awhile/#commentsFiled under: ,

Readers of this space know that selected defense contractors are my preferred plays, growing U.S. economy or not. (But let's hope it's a growing U.S. economy). And the reason for the defense contractor bullishness is obvious enough. The geopolitical climate can change, of course, but it looks like defense, national security and anti-terrorism efforts will remain at the top of the U.S.'s concerns, for the foreseeable future.

Further, when one can combine a defense contractor with an industrial play, including commercial aviation, the potential exists for superior return on equity. And with the above in mind, United Technologies is worth a review.

United Technologies (NYSE: UTX) is one of those handful of stocks in which you can buy 200 shares or 50 shares for your child's college fund, and then look back on it in 10 years and be very glad you did.

Here are some attributes: Leadership position in high-value-add sectors, substantial defense contracts, infrastructure/capital improvement businesses, technological leadership, diversification and operational balance, economies of scale, massive amounts of engineering talent, long history of steady earnings growth and dividend growth. The Reuters F2008/F2009 EPS consensus estimates for UTX are $4.88/$5.45.

Continue reading United Technologies' services will be in demand awhile

United Technologies' services will be in demand awhile originally appeared on BloggingStocks on Fri, 16 May 2008 12:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>air conditioningcommercial aviationdefense contractorsdefense sectorelevatorsemerging marketsescalatorshelicoptersjet enginesUnited TechnologiesUTXFri, 16 May 2008 12:12:00 EST<![CDATA[Textron looks to the skies for earnings]]>http://www.bloggingstocks.com/2007/12/03/textron-looks-to-the-air-for-earnings/http://www.bloggingstocks.com/2007/12/03/textron-looks-to-the-air-for-earnings/http://www.bloggingstocks.com/2007/12/03/textron-looks-to-the-air-for-earnings/#commentsFiled under:

Cessna CJ-1 jetLook for Textron (NYSE: TXT) to continue to benefit from the global economy's tailwind.

Strong global economic growth should continue to generate solid demand of the company's Cessna jets and planes, which accounted for 51% of its profits. Further, analysts expect Textron's Bell division to perform well in 2008-2009 on strong commercial and military helicopter orders.

Textron's Industrial division should also post solid results, manufacturing everything from golf carts to lawn care machinery to auto parts. A decent, stable dividend adds to the mix. The Reuters F2007/F2008 EPS consensus estimates for TXT are $3.49/$4.09.

Continue reading Textron looks to the skies for earnings

Textron looks to the skies for earnings originally appeared on BloggingStocks on Mon, 03 Dec 2007 16:46:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aviationcorporate aircraftdefense contractorsdefense sectorglobal economyhelicoptersmanufacturingplanesTextronTXTU.S. economyMon, 03 Dec 2007 16:46:00 EST<![CDATA[United Technologies has appeal, rain or shine]]>http://www.bloggingstocks.com/2007/11/20/united-technologies-has-appeal-rain-or-shine/http://www.bloggingstocks.com/2007/11/20/united-technologies-has-appeal-rain-or-shine/http://www.bloggingstocks.com/2007/11/20/united-technologies-has-appeal-rain-or-shine/#commentsFiled under: , , ,

Bull market, or -- as has been the case recently -- not-so-bull-market, United Technologies (NYSE: UTX) remains an attractive play for all but the most conservative investors.

United Technologies is one of those handful of stocks where you can buy 200 shares or 50 shares for your child's college fund, then look back on it in 10 or 15 years and be very glad you did.

Here are some of UTX's more impressive attributes: leadership position in high-value-added sectors, substantial defense contracts, infrastructure/capital improvement businesses, technological leadership, diversification & operational balance, economies of scale, massive amounts of engineering talent, long history of steady earnings growth and dividend growth. The Reuters F2007/F2008 EPS consensus estimates for UTX are $4.26-4.85.

Continue reading United Technologies has appeal, rain or shine

United Technologies has appeal, rain or shine originally appeared on BloggingStocks on Tue, 20 Nov 2007 13:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aerospaceair conditioningAsiadefense contractordiversified industrial companieselevatorsemerging marketsescalatorsheating systemshelicoptersinfrastructurejet enginesLatin AmericaUnited TechnologiesUTXTue, 20 Nov 2007 13:55:00 EST