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braden

Re: None

Friday, 01/09/2009 6:56:05 PM

Friday, January 09, 2009 6:56:05 PM

Post# of 277
Fitch places ratings for Textron and financing arm under review for possible downgrade


CHICAGO (AP) -- Fitch Ratings on Thursday said it placed its ratings for Textron Inc., which makes Cessna jets, helicopters and golf carts, and its financing arm under review for possible downgrade.
Fitch said the review is mainly a result of the risks related to Textron's decision to exit nearly all its commercial finance businesses and the resulting potential for the further weakening of its overall finances.

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