Honeywell to sell TCAS unit to L-3 for 255 million
Honeywell International says it will sell its Traffic Alert and Collision Avoidance System unit to L-3 Communications Holdings for about 255 million in cash, finalizing divestitures tied to its merger with Allied Signal. The deal forms a TCAS venture with Thomson-CSF unit Sextant. no impact on the Lawrence Avemics Plant.
MENTIONED IN THIS ARTICLE
Honeywell International Inc
L-3 Communications Holdings
Honeywell
Lawrence Avemics
John Clendening
Honeywell Aerospace
Torrance
Calif
Allied Signal Inc
Clendening
L-3 Communications
TCAS
Sextant
France
Thomson-Csf
Antique Mall alters sales policy with direct booth sales ban
Lawrence Antique Mall plans to end direct sales by tenants starting April 1, shifting to a communal front register with a 10 percent commission up to 35 dollars. Tenants including Kamsas Coin Connection consider relocating as others defend the move to professionalize and align with a $10 billion industry.
MENTIONED IN THIS ARTICLE
Mmeanin
Lawrence
Steve Neher
Kamsas Coin Connection
Mass
Neher
Larry Billings
Billings
eBay
Lydia Stainback
Antique Collectibles Assn
Huntersville
N.C
Lawrentée
Fred Sanford
Kansas Coin
Connection
Dogyn Mall
12 Technologies to buy its rival for 9.3 billion dollars
Dallas based 12 Technologies Inc. agreed to acquire Aspect Development Inc. for 9.3 billion in stock, valuing Aspect at 114.40 per share pre split. The combined firm will focus on Internet based B2B marketplaces linking suppliers to manufacturers, with 17 million parts from 7,000 vendors in its database.
MENTIONED IN THIS ARTICLE
Dallas
12 Technologies Inc
Aspect Development Inc
12 Technologies
Aspect
Mountain View
Calif
Wilh
Nonferrous metal prices and cattle market update
Spot nonferrous metal prices show aluminum at 71.3 cents per lb and copper near 83 dollars per 100 pounds, with platinum between 472 and 483 dollars per troy ounce. U.S. cattle feedlot inquiry remains moderate with light trading, 13,100 head announced, asking prices around 73 to 75 dollars and bids near 70 to 71 dollars per cwt.
MENTIONED IN THIS ARTICLE
New York
London
Mori
U.S
Gora
Kansas
Helfers
Feedlot net weights and crop price quotes
Market notes show feedlot net weights after a 4 percent shrink. Prices listed as of Monday close from Farmers Cooperative Assn South Elevator Wheat 2.42 Soybeans 4.80 Milo 1.73 Corn 1.95 Midland Elevator Wheat NA Soybeans 4.84 Milo NA Corn 1.95 North Elevator Wheat 2.42 Soybeans 4.85 Milo 1.73 Corn 2.00 USDA Loan Deficiency Payments Wheat 0.36 Oats 0.06 Soybeans 0.60 Milo 0.08
MENTIONED IN THIS ARTICLE
Farmers Cooperative Assa
South Elevator
Milo
Midland
North Elevator
USDA
Nasdaq Stock Selloff Drags Dow And Europe
Nasdaq fell 141.38 points or 2.8 percent to 4907.24 as tech led a broad market slide spurred by a global selloff. Dow shed 1.9 percent to 10949.13 and S&P 500 slipped 11.45 to 1383.62 while European indices dropped, with Nikkei down 2.8 percent after Japan's GDP contracted again. Qualcomm, Oracle, and 3Com among notable decliners.
MENTIONED IN THIS ARTICLE
New York
Dow Jones Industrial
Standard & Poor
John Shaughnessy
Advest Inc
Hartford, Conn
Asia
Europe
Japan
United States
Britain
Germany
France
Qualcomm
Oracle
3Com
Also Mentioned on This Page
iDow
Iago Board of Trad
iSoybeans
Ram Board of Trade
New York Mercantile Ene
Kansas Agricultural Statistics
Kas
Fiat
General Motors Corp
Italy
Fiat Auto Spa
Latin America
Romeo
Lancia
Ferrari
Maserati
Helio Biant
Mark Fagan
Miagan
Jworld.com
N.Y
Dodge City Livestock
Dilbert
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