Textron Inc.’s earnings fell 20.5% to $68.9...
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Textron Inc.’s earnings fell 20.5% to $68.9 million for the second quarter from a year ago. The diversified commercial and defense aerospace firm’s 1987 results included a gain of $34.4 million on the sale of Avco Financial Services’ credit card receivables. Revenue for the Providence, R.I., firm was $1.8 billion in both periods.
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