Rockwell International Corp.: First-quarter income fell 9%...
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From Times Staff and Wire Reports
Rockwell International Corp.: First-quarter income fell 9% to $145.8 million from a year ago on sales of $2.9 billion, up about 3%. The El Segundo-based electronics and aerospace firm said results were affected by lower interest income and higher interest expense. Although its electronics businesses improved, earnings for its automotive segment were down substantially, the firm said.
