Conglomerates Sector Review: Textron Earnings, NBC Awards Contract

General Electric Company (NYSE:GE): Dick Clark Productions and the Hollywood Foreign Press Assn. began a trial to decide whether DCP had the rights to agree on a new contract to keep the awards show on NBC (NASDAQ:CMCSA) (NYSE:GE), reported The Los Angeles Times.

The shares closed at $19.13, up $0.29, or 1.54%, on the day. Its market capitalization is $201.96 billion.

Textron Inc. (NYSE:TXT) sees FY12 revenue $12.5B vs. consensus $11.9B.

The shares closed at $24.76, up $3.15, or 14.58%, on the day. Its market capitalization is $6.89 billion.

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