Boeing rolls out the first 747-400 at Everett plant
Boeing unveiled the 747-400 before about 10,000 spectators at its Everett Washington facility. Northwest Airlines will receive the initial ten jets after testing. Rockwell Collins of Cedar Rapids holds a stake in the program and expects about $1 million in Collins equipment per plane, with total Cedar Rapids orders exceeding $100 million.
MENTIONED IN THIS ARTICLE
Boeing
Boeing Aircraft Co
Everett
Wash
Northwest Airlines
Rockwell- Collins
Cedar Rapids
Company
Ofrcial
Collins
Rockwell to Fight Indictment Over Billing Charges
Rockwell International and two former managers face a federal indictment accusing conspiracy to defraud the government, multiple counts of mail fraud and hundreds of false claims. General Counsel Charles Harff defended the company. arraignment set for February 22 in federal court.
MENTIONED IN THIS ARTICLE
Rockwell International
Charles Harff
Harff
Rockwell
Los Angeles
Air Force
Justice Department
Alo
Robert C. Bonner
Dus
Donald Carter
Downey
Calif
Robert Zavodnick
Fountain Valley
Treasury auctions set for next week amid debt funding
Three quarterly refundings are planned to raise 27 billion dollars with 9.25 billion in three year notes on Tuesday, 9.59 billion in ten year notes on Wednesday, and 8.75 billion in 30 year bonds on Thursday bringing new cash and maturing-payoff funds. Note yields eased to 7.40 percent at the latest auction with a 7 percent coupon. Separately Marin Marietta Corp unit and GE division eye satellite launches potentially worth 750 million to 1 billion. London property prices rise with a 61 year lease offered at over 300000 dollars and a closet studio sale at 54750 dollars. Chrysler discounts up to 1500 on 1988 Dakota options. Air Midwest stake reaches 12.26 percent by Temple Galbraith and Hansberger of Nassau.
MENTIONED IN THIS ARTICLE
London
England
Mayfair
Harrods Department Store
Market rises early lower at the close
The market began strong on a bond rally and ended mixed as program trading and profit taking altered the session. The Dow stood at 1 911.14 down 9.45 with 818 advancers 689 decliners and 420 unchanged on the Big Board.
MENTIONED IN THIS ARTICLE
Associates Press and Gazette
New York Stock Exchange
Quaker Oats Reports Higher Quarterly and Six Month Earnings
Quaker Oats Co reports second quarter continuing operations earnings up 51 percent to 45.5 million on 1.23 billion in sales. Six month figures show 2.5 billion in sales and 180.2 million operating income with 1.08 per share. US Canadian Grocery products income fell 12 percent to 46.2 million due to higher advertising costs despite 2 percent higher unit sales.
MENTIONED IN THIS ARTICLE
Quaker Oats Co
U.S
Cedar Rapids
Chrysler to close Kenosha Wisconsin plant by Sept 30
Chrysler Corp will shut its aging Kenosha assembly and stamping plants by September 30, eliminating about 5,500 jobs. The company will keep an engine plant and said no other closings are planned for now. The move follows strategic reviews after merging with American Motors in 1987.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Kenosha
Wis
Chrysler
Gerald Greenwald
Chrysler Motors
Owen Bieber
United Auto Workers Union
Richard Dauch
St. Louis
Lee Iacocca
One Assembly
Itis
Wats
AMC
Cauch
UAW
Rudy Kuzel
Anthony St. John
Milwaukee
American Motors Corp
Turnaround reported by Hawkeye Bancorporation
Hawkeye Bancorporation of Des Moines reports 1987 unaudited earnings of 1.33 per share with a $14.7 million net income after a prior year loss of $59 million. 1987 pretax earnings reached $9.3 million with $85.6 million in equity capital and total assets of $12 billion.
MENTIONED IN THIS ARTICLE
YES Moines
Hawkeye Bancorporation of
Des Moines
Paul Dunlap
Hawkeye
Dunlap
Hawkeye Banks
Cedar Rapids
United State Bank
Also Mentioned on This Page
U.S. Indictment
Gazette Statt Reports
Zavodnick
Carter
Pentagon
Richard L. Oborn
Washington
Treasury
Marin Marietta Corp
Dodge Scouts
Air Midwest
Templetion, Galbraith & Hansberger Ltd
Nassau
The
Bahamas
Iowa
Weyerhaeuser
Quaker Oats
Longview Fibre
American Standard
Black & Decker
Eastman Kodak
Procter & Gamble Co
Federal Drug Administration
Wisconsin
Hawkeye Bancorporation
Cityline
Stock Guide
Standard & Foo
Gazette
Standard & Poor’s
Standard & Poor
New York
Ame
P.O
Cee Es Enrol
Ig Smulekoffs
EU Acareli Ag
New England