Rockwell Collins posts flat Q2 earnings amid market turbulence
Rockwell Collins reports $161 million net in Q2 FY2013 with sales at $1.13 billion, flat year over year and down 3 percent from the prior period. CEO Clay Jones cites defense turbulence and weaker commercial after market, but notes strength in other areas and says commercial systems should grow 8 percent in H2. Jones to retire as CEO July 31 but remains non executive chairman.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Rockwell Collins
Clay Jones
Jones
George
Ford
Sourcemedia
CRST Opens Riverside Driver Training and Maintenance Facility
Cedar Rapids based CRST International unveils a $13 million Riverside California complex in Agua Industrial Park. The 19 acre site features a 30,000 square foot training center, 30 dorm rooms and aims to train up to 90 new drivers weekly while maintaining 90 to 100 trucks daily with faster inspections.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cameron Holzer
CAST
Holzer
Southern California
CRST
Fontana
Oklahoma City
Okla
Carlisle
Penn
Morton, Ill
Rockport
Ind
George.ford
Sourcemedia.net
Moody's flags drop in China grad applications hurting U.S. universities
Moody's Investors Service says graduate enrollments rise only 1 percent for fall 2013, with China applications down 5 percent. Private universities suffer most as international applicants fall, while public schools see a 3 percent rise. Chinese enrollments comprise about a third of international graduate students and pay higher net tuition. Moody's cautions a soft year could blunt net tuition revenue in fiscal 2014 though near-term impact remains limited.
MENTIONED IN THIS ARTICLE
China
U.S
Moody’s Investors Service
Moody’s
Council of Graduate Schools
United States
Creative Corridor Project outlines next steps and Creative Week
The Iowa Creative Corridor Initiative unveiled next steps at a Cedar Rapids luncheon with 300 attendees. A Creative Week from October 19 to 26 will showcase innovation across seven counties centered on Cedar Rapids and Iowa City, with videos highlighting creators and stories from past and present innovators.
MENTIONED IN THIS ARTICLE
Coralville
Iowa
Kirkwood Community College
Cedar Rapids
Iowa City
Amanda Styron
Andy Stoll
Seed Hero
Stoll
CreativeCorridor.co
Facebook.com
Iowas
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Brian Ray
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Pers Weherein
Crst International
Riverside
Calif
Business OF Education
Reuters
Columbia University
New York
Creative Corridor
John Lohman
Corridor Business Journal