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