Automotive and defense business offsets aircraft delivery decline for Textron.
Day: April 22, 2010
In anticipation of the completion of the joint venture with Danaher, the electrical products and tool manufacturer realigned its reporting segments.
With Carrier Enterprise, Watsco sales grew to $510 million for the quarter, up 75%.
CEO: 'Business conditions continued to improve in the first quarter."
Increase in Producer Price Index follows a decline in February.
United Rentals recorded a net loss of $40 million for the period.
The fourth quarter 2009 acquisition of Burndy contributed 7 percent to overall sales for the manufacturer of electrical and electronic products.
Deal is valued at $815 million for Hillman, a distributor of fasteners and other hardware items.