UTC chief sees few hurdles for Rockwell Collins deal
UTC CEO Greg Hayes says the Rockwell Collins acquisition should close around mid year pending regulatory approvals. He notes ongoing talks with OEMs like Boeing and a merged Collins division led by Ortberg and Gitlin. Tax law changes may boost debt repayment and lower the effective tax rate from 35 to 21 percent.
MENTIONED IN THIS ARTICLE
United Technologies Corp
Rockwell Collins
UTC
Greg Hayes
Hayes
Boeing
Rockwell
UTC Aerospace Systems
Kelly Ortberg
Dave Gitlin
Ortberg
Gitlin
Collins Aerospace Systems
Akhil Johri
United States
Johns
Thegazette
M&M Books changes hands in Cedar Rapids transition
Arsla Lanphear and her husband Bill took over the Cedar Rapids used bookstore M and M Books at 212 Edgewood Rd NW after longtime owners Robbie McLane and Donna Young retired. Lanphear aims to blend romance with a younger crowd, expand the children's section, and switch to computerized inventory as over 45 000 books remain on shelves.
MENTIONED IN THIS ARTICLE
Xeyecca F. Miller
Georsla
Lanphear
M&m Books
Cedar Rapids
Books
Arsla Lanphear
Bill
Robbie McLane
Donna Young
Arsla
Craigslist
Marilyn
Ursla Lanphear
Edgewood Rd
Mandmbookstore
McLane
Young
New hotel to anchor Marion mixed-use development
Squaw Creek Crossing plans a Country Inn and Suites with 100 rooms at the corner of Highways 13 and 151 in Marion. Construction starts this spring with completion targeted for spring 2019, as the project aims to become the eastern gateway and attract more tenants including a Dupaco Community Credit Union branch.
MENTIONED IN THIS ARTICLE
Marion
Squaw Creek Crossing
Eastern Gateway
Prospect Meadows
Brian Ridge
Squaw Creek
Dupaco Community Credit Union
SEC probes GE accounting and revenue recognition
The SEC opened an inquiry into GE over an insurance reserve shortfall of about 15 billion dollars and revenue recognition of long term service contracts for power plants and other equipment. GE cooperates as it posts a 10 billion dollar Q4 loss after a year of stock declines and cash concerns.
MENTIONED IN THIS ARTICLE
General Electric
Securities and Exchange Commission
Anit
SEC
Touchstone Company
Schenectady
N.Y
Thomas Edison
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Weette
Katie Mills Giorgio
Michaelchevy
Castranova
Matthew Patane
the Gazette
Matthew
Patane
Coldwell Banker Hedges Realty
Ge’s
Washington Post