Collins Avionics to supply F-22 navigation gear contract
Rockwell International Collins Avionics and Communications wins a 77.2 million dollar TRW contract to provide navigation and communications equipment for the F-22 aircraft. Deliveries run 1994 to 1996 with a 17 million option extending to 1999. 4,000 Iowa workers not added.
MENTIONED IN THIS ARTICLE
Rockwell International
Collins Avionics and Communications
TRW
San Diego
U.S. Air Force
Lockheed Corp
Cedar Rapids
Coralville
Anamosa
Mutual funds boom draws capital from small investors
Mutual funds, favored by Wall Street’s smaller players, surged from 3201 in January to 3533 by April with assets over 1.3 trillion. SEC data show about a quarter of U.S. households hold fund investments, while regulators consider streamlined rules to ease buying, fees, and commissions.
MENTIONED IN THIS ARTICLE
John M. Doyle
Washington
Wall Street
Investment Company Institute
Nam Cos
U.S
Securities and Exchange Commission
Federal Stock Market
Marianne Smythe
SEC
Smythe
Shiebler
Putnam Cos
Supreme Court refuses to bar Virginia spouse relocation rule
The Supreme Court declines to block Virginia from denying unemployment benefits to workers who quit to follow a spouse. The challenge argued the law discriminates against women. Virginia says it treats all who quit to accompany a spouse. The case followed Barbara Austin's 1985 move with her husband and four children from Salem to Castlewood.
MENTIONED IN THIS ARTICLE
An G Ashington
Supreme Court
Virginia
Mary Sue Terry
Colorado
Maryland
Utah
Barbara Austin
Salem
Castlewood
Austin
4Th
U.S. Circuit Court of Appeals
Overseas deposit ruling upheld in bank freeze case
The Supreme Court left intact a ruling that U S banks with overseas branches must repay depositors when foreign governments freeze accounts. Citibank lost its bid after Wells Fargo Asia sued over two million dollars deposited in Manila in 1983 and frozen by the Marcos government.
MENTIONED IN THIS ARTICLE
Ashington
Su- Wyeen
U.S
Citibank
Philippines
Ferdinand Marcos
2Nd
U.S. Circuit Court of Appeals
New York City
Wells Fargo Asia Limited
Singapore
Supreme Court
Robert Bork
Washington
Bork
Wells Fargo
Manila
Marcos
2Nd Circuit
High Court
Appeals Court
New York
Stocks extend two week slide on Wall Street drop
Stocks fade further as the Dow ends down 4.55 points at 3280.80 and the Nasdaq falls to 549.72. Volume on the NYSE totals about 169 million shares with more decliners than advancers, while Tokyo shares sink to a 54 year low affecting U.S. investor sentiment. Merck gains on FDA approval for Proscar, Best Buy climbs on strong earnings, and Huffy posts lower earnings preview as markets digest election fears and potential Fed policy.
Also Mentioned on This Page
Collins
Sears
Chicago
Sears, Roebuck and Co
Edward Brennan
T-bill
Treasury
Treasury Department
Federal Reserve
BMW
Spartanburg, S.C
Spartanburg
Munich
Germany
Omaha
Saturn
Detroit
General Motors Corp
Saturn Corp
Spring Hill
Richard LeFauve
Booth
Fox Exec
Los Angeles
Fox Television
Rupert Murdoch
Stephen Chao
Murdoch
News Corp
Fox
Aspen
Colo
Defense
Dick Cheney
Chao
Los Angeles Times
Tribune Media
J.T
William Shiebler
The
Put
Spany Institute
Gazette Photo
C.R
Perpetual Savings Bank
Second Ave
United Fire & Casualty Co
Perpetual
First Ave
Scott McIntyre Jr
United Fire
Associated Press and Gazette
Dow Jones
New York Stock Exchange
Atone
Iowa
MCI Communications
General Mills
MERCK
Food and Drug Administration
Best Buy
Huffy Corp
Huff
NYSE
Heart
American Stock Exchange
Matt
Bromoter PO
Yaterloo
Lowe
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