Search results “Cummins inc and affiliates pension plan”
Honeywell International Makes M&A Comeback After Five Years With $5.1B Purchase of Elster Group SE
London-listed industrial investor Melrose Industries plc on July 28, made its largest disposal to date through a £3.3 billion ($5.1 billion) deal with Honeywell International Inc. (HON) for its Elster Group SE utilities metering business that marks a return to big-ticket dealmaking by the U.S. buyer after a five-year hiatus. The agreement comes just under three years after Melrose spent £1.8 billion buying Elster from CVC Capital Partners and defies expectations that Melrose would first sell Elster's water metering unit only. The agreement includes Elster Gas and Elster Electricity as well as the water business. Morris Township, N.J.-based Honeywell has done only one $1 billion-plus acquisition since 2009 - that of protective clothing maker Sperian Protectinon SA in 2010 for $1.4 billion - and had been expected to look to M&A to spur growth. However, expectations had focused on a large aerospace components deal. Honeywell will pay Melrose cash on completion equivalent to 3.1 times Elster's 2014 revenue and 14.3 times Ebitda, Melrose said. The agreement also includes the assumption by Honeywell of two Melrose defined pension schemes and Elster pension obligations. Melrose said the Elster investment generated a return of 2.3 times and a 33% internal rate of return. It plays to hand back more than £2 billion to shareholders. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
Argus Research: Tesla Upgraded to BUY
Bill Selesky, Senior Research Analyst, Argus Research, talks about why Tesla shares have been upgraded to a BUY and what investors should consider before buying the stock.
Views: 627 TD
Finished driver side, easy installation you may have a little issue getting the eye bushing out and installing the solid one.
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P0012 & P0014| Advanced vs Retarded Timing| Tech Tip
Advanced vs_ Retarded Timing_Variable Valve Timing_Ron Bilyeu_Tech Tip
Views: 73152 AVI ON DEMANDdotcom
News Update: Kroger Ratifies Agreement with United Food and Commercial Workers Local 204
Kroger's Mid-Atlantic Division, an affiliate of The Kroger Co. (NYSE:KR), and the United Food and Commercial Workers Local 204 have ratified an agreement that covers 2,000 associates in 18 stores. Jay Cummins, President of Kroger's Mid-Atlantic Division commented, "We thank our associates for their service to our customers during this process and every day, This agreement provides our associates one of the best total compensation packages in our industry. It includes good wages, high-quality affordable health care and a pension when they retire." Kroger is currently trading 0.33 percent lower at $21.06.
Views: 115 TradeTheTrend
Jack Stack, SRC -- Believe in Public Safety -- Police-Fire Springfield Missouri
The Chamber Board of Directors has endorsed the November 3 ballot issue of the proposed ¾-cent sales tax increase that will be directed solely to the Police/Firefighters Pension Fund. We encourage all Chamber members to vote "yes on November 3 to help our community move forward. The decision before Springfield voters is about more than just whether or not to increase the sales tax, but really about whether Springfieldians can retain local control over the City budget and our communitys future quality of life. The pension fund has a current unfunded liability that is approximately $204 million. To put the scope of the problem in perspective, the Citys General Fund budget is about $70 million annually. City contributions to the pension fund have been at more than 50 percent of employee payroll the past two budget cycles, largely decimating City support for any non-pension services and programs including public safety. The City of Springfield has a legal obligation to provide the earned benefits and if funding is not available to honor those commitments the City faces the likelihood of civil litigation. An attorney representing the police and fire associations has been candid about plans to sue the City if the ballot issue fails. According to Mayor ONeal, neither case law nor state law would be on the side of the City of Springfield should the matter be taken up in a court of law. Now is the time for Springfield to deal with this critical issue head-on and not leave the decision up to the courts. It is time to eliminate this roadblock to other civic endeavors. It is time to get the City out of the local self-funded pension business. It is time to Vote Yes and help Springfield move forward. Why is now the right time to support this ballot proposal? Citizen Task Force A 16-member Police-Fire Pension Fund Citizens Task Force thoroughly researched the pension fund issues for months and determined this proposal was the best solution. Close the plan New police and fire employees will be enrolled in the statewide LAGERS system for public employees. Current Tier II employees could also move voluntarily to LAGERS. LAGERS is a stable, well-funded and professionally managed fund that covers all other City employees. Benefits offered by LAGERS are set by state statue and are not subject to local negotiation. Additional funding commitments City Council pledged to put net proceeds from telecommunications settlements and the sale of city properties into the pension fund. No new taxes A resolution passed by City Council pledges not to initiate any new citywide sales taxes for at least five years. Set a sustainable city contribution rate The City will contribute 35 percent of payroll for Tier I police-fire employees to the pension fund. In recent years, that contribution rate has been as high as 52 percent, taking a significant portion of available general revenue funds. With reduced funding for other city services such as public safety, transportation infrastructure and parks, our community's high quality of life risks being compromised. For more information and analysis about the Police-Fire Pension Fund, and to see additional steps the City is taking to adequately fund it, please visit http://www.springfieldchamber.com/policefireballotissue .
CalTracs on a  Nova
Cal Tracs set up split mono leaf and 9 way adjustable shocks
Views: 14664 al bundy
First Look: LG G7 ThinQ (iPhone X Comparison)
In this video, we go hands on and get some first impressions of the all new LG G7 Thin Q, one of the first major smartphones in the US (aside from Apple) to include the infamous notch. Read more about the LG G7 ThinQ here - https://www.macrumors.com/2018/05/02/lg-g7-thinq-compared-to-iphone-x/
Views: 27877 MacRumors
Credit Suisse's Kelly Likes Kroger Among Grocery Stores: Video
July 6 (Bloomberg) -- Edward Kelly, an analyst at Credit Suisse, talks with Bloomberg's Lori Rothman about his investment strategy for consumer-staple retailers. Kelly also discusses Walgreen Co.'s June sales, and the outlook for drugstores and grocery stores. (Source: Bloomberg)
Views: 304 Bloomberg
Weyerhaeuser Corporate Headquarters
Weyhaeuser's Corporate Headquarters
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How to fix loose steering GMC SIERRA
***PLEASE HELP MY CHANNEL BY SUBSCRIBING****!!!! How I diagnosed my sloppy steering in my 2005 gmc sierra Dorman part# 425-179 lower intermediate steering shaft
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First Student, union bus drivers reach consensus on contract
A school bus driver strike has been avoided, now that union drivers who work out of the First Student bus depot in Belmont have agreed to a contract after working without one since June. Subscribe to WMUR on YouTube now for more: http://bit.ly/1lOjX9C Get more Manchester news: http://wmur.com Like us: http://facebook.com/wmur9 Follow us: http://twitter.com/WMUR9 Google+: https://plus.google.com/+wmur
Views: 645 WMUR-TV
Is lending getting out of control?
Lenders are writing off more losses. You can follow Wall Street Breakdown on Twitter at: https://mobile.twitter.com/WallStreetBD Please leave a Like and Subscribe to the channel for all the latest News.
Indiana Newsdesk, January 6, 2017 Legislative Preview & Farmers
More News: http://www.wtiunews.org "Indiana Newsdesk" The 2017 legislative session is underway and lawmakers have a busy budget year ahead. We’ll speak with Statehouse reporter Brandon Smith about what we can expect to see debated, and how a new governor could affect the session. We look at the state of downtowns throughout Indiana, starting in Loogootee where a fire reduced several businesses to rubble around 2 years ago. We’ll tell you where those businesses are now and what residents hope could be next for their downtown. Plus young farmers are facing tough challenges. We’ll tell you why some farmers find the difficult lifestyle is worth the work and why some young professionals are finding other jobs in agriculture. And dashing through the snow! It’s over the hill we go... on a toboggan ride that is having a record breaking year.
Views: 52 WTIU
Mass Effect Andromeda - Romance avec Suvi Anwar
Retrouvez l'actualité de Mass Effect Andromeda sur http://masseffectuniverse.fr/
Views: 1830 MassEffectUniverseFR
Calling All Cars: Ghost House / Death Under the Saquaw / The Match Burglar
The Los Angeles Police Department (LAPD) is the police department of the city of Los Angeles, California. The LAPD has been copiously fictionalized in numerous movies, novels and television shows throughout its history. The department has also been associated with a number of controversies, mainly concerned with racial animosity, police brutality and police corruption. The radio show Calling All Cars hired LAPD radio dispacher Jesse Rosenquist to be the voice of the dispatcher. Rosenquist was already famous because home radios could tune into early police radio frequencies. As the first police radio dispatcher presented to the public ear, his was the voice that actors went to when called upon for a radio dispatcher role. The iconic television series Dragnet, with LAPD Detective Joe Friday as the primary character, was the first major media representation of the department. Real LAPD operations inspired Jack Webb to create the series and close cooperation with department officers let him make it as realistic as possible, including authentic police equipment and sound recording on-site at the police station. Due to Dragnet's popularity, LAPD Chief Parker "became, after J. Edgar Hoover, the most well known and respected law enforcement official in the nation". In the 1960s, when the LAPD under Chief Thomas Reddin expanded its community relations division and began efforts to reach out to the African-American community, Dragnet followed suit with more emphasis on internal affairs and community policing than solving crimes, the show's previous mainstay. Several prominent representations of the LAPD and its officers in television and film include Adam-12, Blue Streak, Blue Thunder, Boomtown, The Closer, Colors, Crash, Columbo, Dark Blue, Die Hard, End of Watch, Heat, Hollywood Homicide, Hunter, Internal Affairs, Jackie Brown, L.A. Confidential, Lakeview Terrace, Law & Order: Los Angeles, Life, Numb3rs, The Shield, Southland, Speed, Street Kings, SWAT, Training Day and the Lethal Weapon, Rush Hour and Terminator film series. The LAPD is also featured in the video games Midnight Club II, Midnight Club: Los Angeles, L.A. Noire and Call of Juarez: The Cartel. The LAPD has also been the subject of numerous novels. Elizabeth Linington used the department as her backdrop in three different series written under three different names, perhaps the most popular being those novel featuring Det. Lt. Luis Mendoza, who was introduced in the Edgar-nominated Case Pending. Joseph Wambaugh, the son of a Pittsburgh policeman, spent fourteen years in the department, using his background to write novels with authentic fictional depictions of life in the LAPD. Wambaugh also created the Emmy-winning TV anthology series Police Story. Wambaugh was also a major influence on James Ellroy, who wrote several novels about the Department set during the 1940s and 1950s, the most famous of which are probably The Black Dahlia, fictionalizing the LAPD's most famous "cold case", and L.A. Confidential, which was made into a film of the same name. Both the novel and the film chronicled mass-murder and corruption inside and outside the force during the Parker era. Critic Roger Ebert indicates that the film's characters (from the 1950s) "represent the choices ahead for the LAPD": assisting Hollywood limelight, aggressive policing with relaxed ethics, and a "straight arrow" approach. http://en.wikipedia.org/wiki/LAPD
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My Friend Irma: The Red Hand / Billy Boy, the Boxer / The Professor's Concerto
My Friend Irma, created by writer-director-producer Cy Howard, is a top-rated, long-run radio situation comedy, so popular in the late 1940s that its success escalated to films, television, a comic strip and a comic book, while Howard scored with another radio comedy hit, Life with Luigi. Marie Wilson portrayed the title character, Irma Peterson, on radio, in two films and a television series. The radio series was broadcast from April 11, 1947 to August 23, 1954. Dependable, level-headed Jane Stacy (Cathy Lewis, Diana Lynn) began each weekly radio program by narrating a misadventure of her innocent, bewildered roommate, Irma, a dim-bulb stenographer from Minnesota. The two central characters were in their mid-twenties. Irma had her 25th birthday in one episode; she was born on May 5. After the two met in the first episode, they lived together in an apartment rented from their Irish landlady, Mrs. O'Reilly (Jane Morgan, Gloria Gordon). Irma's boyfriend Al (John Brown) was a deadbeat, barely on the right side of the law, who had not held a job in years. Only someone like Irma could love Al, whose nickname for Irma was "Chicken". Al had many crazy get-rich-quick schemes, which never worked. Al planned to marry Irma at some future date so she could support him. Professor Kropotkin (Hans Conried), the Russian violinist at the Princess Burlesque theater, lived upstairs. He greeted Jane and Irma with remarks like, "My two little bunnies with one being an Easter bunny and the other being Bugs Bunny." The Professor insulted Mrs. O'Reilly, complained about his room and reluctantly became O'Reilly's love interest in an effort to make her forget his back rent. Irma worked for the lawyer, Mr. Clyde (Alan Reed). She had such an odd filing system that once when Clyde fired her, he had to hire her back again because he couldn't find anything. Useless at dictation, Irma mangled whatever Clyde dictated. Asked how long she had been with Clyde, Irma said, "When I first went to work with him he had curly black hair, then it got grey, and now it's snow white. I guess I've been with him about six months." Irma became less bright as the program evolved. She also developed a tendency to whine or cry whenever something went wrong, which was at least once every show. Jane had a romantic inclination for her boss, millionaire Richard Rhinelander (Leif Erickson), but he had no real interest in her. Another actor in the show was Bea Benaderet. http://en.wikipedia.org/wiki/My_Friend_Irma_%28radio-TV%29 Katherine Elisabeth Wilson (August 19, 1916 -- November 23, 1972), better known by her stage name, Marie Wilson, was an American radio, film, and television actress. She may be best remembered as the title character in My Friend Irma. Born in Anaheim, California, Wilson began her career in New York City as a dancer on the Broadway stage. She gained national prominence with My Friend Irma on radio, television and film. The show made her a star but typecast her almost interminably as the quintessential dumb blonde, which she played in numerous comedies and in Ken Murray's famous Hollywood "Blackouts". During World War II, she was a volunteer performer at the Hollywood Canteen. She was also a popular wartime pin-up. Wilson's performance in Satan Met a Lady, the second film adaptation of Dashiell Hammett's detective novel The Maltese Falcon, is a virtual template for Marilyn Monroe's later onscreen persona. Wilson appeared in more than 40 films and was a guest on The Ed Sullivan Show on four occasions. She was a television performer during the 1960s, working until her untimely death. Wilson's talents have been recognized with three stars on the Hollywood Walk of Fame: for radio at 6301 Hollywood Boulevard, for television at 6765 Hollywood Boulevard and for movies at 6601 Hollywood Boulevard. Wilson married four times: Nick Grinde (early 1930s), LA golf pro Bob Stevens (1938--39), Allan Nixon (1942--50) and Robert Fallon (1951--72). She died of cancer in 1972 at age 56 and was interred in the Columbarium of Remembrance at Forest Lawn Cemetery in Hollywood Hills. http://en.wikipedia.org/wiki/Marie_Wilson_%28American_actress%29
Views: 285732 Remember This