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Why Textron Stock Popped on Thursday

Textron (NYSE: TXT) shares soared 13% through 10: 50 a. m. Heading into Textron's Q3 report, analysts expected the aerospace and defense company to earn only $1. 43 per share on a bit less than $3. 8 billion in sales. In fact, Textron earned $1. 76 per share -- and hit $3. 8 billion in sales on the nose.

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