TD Bank to Buy Chrysler Financial for 6.3 Billion
Toronto-Dominion Bank to acquire Chrysler Financial from Cerberus Capital for 6.3 billion dollars fueling optimism of further deal activity. The Dow rose 55.03 to 11533.16, the S&P 500 gained 7.52 to 1254.60, and the Nasdaq added 18.05 to 2667.61 as markets hit multi year highs.
MENTIONED IN THIS ARTICLE
NEW York — Financial
Toronto-Dominion Bank
Chrysler Financial
Cerberus Capital Management LP
S&p
Rockwell Collins buys Virginia sensor simulation maker
Rockwell Collins announced acquisition of Blue Ridge Simulation of Leesburg Virginia. The deal expands training systems for Rockwell Collins and places Blue Ridge Simulation under its Sterling Virginia based simulation and training unit. Terms were not disclosed.
MENTIONED IN THIS ARTICLE
Cedar Rapidsrockwell Collins
Virginia
Blue Ridge Simulation
Leesburg
Rockwell Collins
Sterling
Hurley Named Executive Director of Iowa Biotech Association
Des Moines Iowa Hurley will lead the Iowa Biotech Association a group with over 100 members Her goal is to position Iowa as a biotechnology leader Hurley returns to Iowa from Michigan where she was director of legislative relations for the Michigan Attorney General.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Biotech Association
Rachel Hurley
Iowa
Hurley
Michigan
Alliant Lowers Earnings After Iowa Rate-Case Ruling
Alliant Energy will cut its fourth quarter earnings by 25 to 30 million dollars due to last weeks Iowa rate case decision. Interstate Power and Light faces an approved rate increase smaller than interim rates set in March 2010. The company will record impairment charges of 29 to 36 million and establish a 4 million rate refund reserve plus a 7 to 9 million regulatory credit tied to flood recovery costs.
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Cedar Rapids
Alliant Energy
Iowa
Iowa Utilities Board
Alliant
Interstate Power & Light Utility
Allianz
Source Media name dispute pits Cedar Rapids firm against Investcorp unit
The Gazette Co owner of KCRG TV9 and The Gazette defends use of SourceMedia Group and SourceMedia against Investcorp based SourceMedia Inc of New York City In a federal filing Cedar Rapids seeks a ruling that its marks do not dilute the rival brand and asks for damages Investcorp counters to void the Cedar Rapids marks and halt use The case centers on branding in financial services media including Bond Buyer and American Banker and related products.
MENTIONED IN THIS ARTICLE
Dave DeWitte
de Gazette
Cedar Rapids
Kcrg-Tv9
The
Gazette
Source Media Group
the Gazette Co
SourceMedia Group Inc
SourceMedia Group
SourceMedia
SourceMedia Inc
Gazette Co
Cedar Rapids Company
U.S
District of
Iowa
New York
Investcorp
Gazette Company
Source Media
Bond Buyer
American Banker
Media
Cedar Rapids SourceMedia
Kevin Collins
Associated Press
Cathy Terukina
Cedar Rapids Source Media
Government sets dates for universal paperless benefit payments
Officials announce phased switch to direct deposits or debit cards for Social Security and other benefits. Recipients new to benefits start May 1 2013 and existing Social Security recipients must switch by March 1 2013. Over 58 million people receive benefits. eight in ten already are paid electronically. The change aims to curb lost or stolen checks and save about $1 billion over ten years.
MENTIONED IN THIS ARTICLE
Ashington
Richard Gregg
Treasury Department
Social Security
Government urges switch to electronic payments for Social Security
The government provides GoDirect.org and a helpline 1-800-333-1795 for those still receiving paper checks. Rules favor those 90 and older, with 275000 affected, and offer Direct Express cards via Comerica Bank for unbanked recipients. Waivers possible for remote areas, with fewer than 1 percent seeking them. Switching now avoids lost or stolen checks and ensures immediate access on payment day.
MENTIONED IN THIS ARTICLE
Comerica Bank
Treasury
Gregg
Social Security
Michael Astrue
North Liberty plans 80 acre mixed use Corridor project
The 80 acre Corridor Commercial Subdivision at Highway 965 and Forevergreen Road includes a Hills Bank 18 000 square foot building a senior living complex 80 one and two bedroom North Liberty Living Center units and 90 fourplex and eightplex town houses priced 139 000 to 155 000 A new Okoboji Grill any restaurant 60 jobs and a Stone Bridge Promenade development housing Blink Vision and others with 40 percent lease rate with openings in 2011 2012 and later in year
MENTIONED IN THIS ARTICLE
C. Ford
Gazette
North Liberty
Forevergreen Road
Kevin Digmann
Hodge Construction
North Liberty Economic Development
Hills Bank
Digmann
Rang
Mike Waltz
North Liberty Living Center
RCA North Liberty Living Center LP
Panchero’s
Mexican Grill
Highway 965
Penn Street
Ryan Veatch
Liberty Centre
Stone Bridge Promenade
Blink Vision
Also Mentioned on This Page
Wall Street
C.R. Company
Nyc
USA
GoDirect.org
N. Liberty Development
Kevin
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