Ex-Dividend Stocks: Merck, Macy's
Textron
The industrial company is slated to report second-quarter earnings on July 15. Analysts, on average, expect earnings of 44 cents a share on revenue of $2.99 billion.
"We are not yet seeing a robust recovery, although Cessna is still expecting flat / slightly up volumes in 2012," Credit Suisse analysts wrote in a May 22 report. "US customers continue to remain uncertain about placing orders for small-medium sized jets, Europe is 'fairly soft' (as per our trip to EBACE last week) outside of Germany. In emerging markets, Asia demand is 'reasonable', while Latin America is seeing 'good trends.' Pricing remains 'difficult,' and there is limited expectation for an imminent upturn in the backlog. There is 'reasonable growth' in the 25% of sales which is aftermarket. R&D will continue to move up, but as a proportion of sales, the headwind is likely behind us now." Forward Annual Dividend Yield: 0.4% -- Written by Alexandra Zendrian>To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: tips@thestreet.com. >To follow the writer on Twitter, go to Alexandra Zendrian.
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