Textron Inc. (NYSE:TXT) shares are trading lower on Wednesday following the announcement that it is pursuing strategic alternatives for its Powersports product line within its Industrial segment.

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The maker of aviation, defense and other industrial products said Wednesday in a securities filing that output of powersports products such as snowmobiles and ATVs from the industrial segment’s ...

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The 'indefinite pause' at Arctic Cat and other brands is slated for mid-2025. The Providence-based Textron (NYSE: TXT) plans to "indefinitely pause production" of its powersports products amid ...