WRAPUP 1-US manufacturers see no rebound as profits plunge

Newswire

* Textron, SPX, Rockwell Auto earnings down more than half * Textron, Rockwell cut full-year forecasts * CEOs say environment still uncertain * Textron, SPX shares down; Rockwell jumps By Scott Malone BOSTON, April 29 (Reuters) - Diversified U.S. manufacturers Textron Inc and Rockwell Automation Inc on Wednesday slashed their 2009 profit targets, saying they saw no sign of the global recession ending any time soon. Both those companies and fellow industrial company SPX Corp said ...

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