Northrop to buy Westinghouse defense unit for 3.3 billion
Northrop Grumman to pay 3.0 billion in cash plus 600 million of pension costs for Westinghouse Electronic Systems, enabling Westinghouse to finance its 54 billion CBS purchase. Deal aims to boost Northrop Grumman’s defense electronics footprint as Moody's weighs a debt downgrade risk.
MENTIONED IN THIS ARTICLE
Northrop
Westinghouse Defense Systems
Pittsburgh
Northrop Grumman Corp
Westinghouse Electric Corp
Westinghouse
Busimess
Northrop Grumman
CBS Inc
Knoll Group
EM Warburg, Pincus & Co
CBS
Knoll
Defense
Stephen Blum
Kpmg Peat Marwick LLP
New York
Moody's Investor Service
Grumman Corp
Moody's
Kent Kresa
Kresa
Fredrick Reynolds
Electronic Systems Group
Linthicum
Electronic Systems
Karen Boff
New Market General Store blends antiques with deli offerings
In Maryland the New Market General Store on the main street offers dry goods Victorian glassware blankets and toys plus candy and a deli kitchen. Donna Marsh Tina Gregg and Richard Schultz run the country store atmosphere with Mary Ann Monroe Joann Wright in the deli. A dated brick found during renovations marks 1792 historic site. Hours vary Tue Wed Thu 6am 3pm Fri Sat 6am 5pm Sun noon 5pm closed Mon. Call 865-4402 for more information.
MENTIONED IN THIS ARTICLE
Tina Gregg
New Market General Store
New Market
Donna Marsh
Richard Schultz
Maryland
Antique Capitol
Gregg
Monroe
Joann Wright
Jack Collin
GM to sell electric cars in California and Arizona this fall
GM announced mass sales of its EV-1 electric car in California and Arizona this fall, with initial units in Los Angeles area Saturn dealerships. The EV-1, built from the Impact prototype, will cost in the mid thirty thousands plus battery charger costs, delivering about 60 to 70 miles per charge in normal use and up to 90 miles under ideal conditions.
MENTIONED IN THIS ARTICLE
Los Angeles
General Motors Corp
California
Arizona
John Smith Jr
General Motors
Lansing
Mich
Saturn
San Diego
Phoenix
Tucson
Smith
Shreveport
Also Mentioned on This Page
Ed Waters Jr
Hagerstown
Citicorp
Michael J Looney
Citicorp Credit Services Inc
Peoria, Ill
Caterpillar Inc
China
Finais
An Tai Bao
Beijing
Inner Mongolia
Caterpillar
Air Resources Board
Massachusetts
Kenneth Blaschke
Dean Witter Reynolds
May Ambulance Service
Mount Airy
Frederick
Frederick Netts
Archie
Phil Beyer
Aircraft Owners and Pilots Association
Nancy
Craum
United Way
Frederick County
TAX & Financial
Frederick News-Post
Jessie Hetzler
Scottsdale Securities Inc
Scottsdale
Oil & Gas
Scottsdale Securities, Inc
Discount Stock Brokers
Executive Blvd
Rockville
SIPC
Schwab
Quick & Reilly
Fidelity Olde
Memiil Lynch
Ferriil Lynch
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