Valeant restates its financial statements, shakes up board
Shares of Valeant Pharmaceuticals International Inc.—the parent company of Bausch & Lomb Inc.—dropped some 6 percent by midday Friday after the company filed its annual report, including a restatement of prior financial statements.
Northwest Bancshares to acquire 18 First Niagara branches
Northwest Bancshares Inc. will acquire 18 bank branches in Western New York with deposits totaling $1.7 billion, a move subject to the closing of the KeyCorp/First Niagara Financial Group merger.
First Niagara reports drop in Q1 net income
First Niagara Financial Group Inc. reported a decline in first-quarter profit driven in part by merger-related costs. Officials noted the company’s planned acquisition by KeyCorp is moving forward.
Finalists named for 2016 Wealth of Health awards
More than 20 local employers and individuals have been selected as finalists in the 2016 Wealth of Health Awards program, which recognizes efforts to encourage and support wellness among employees.
Snap Poll: State of the city is 'fair,' majority say
More than half of respondents to this week’s RBJ Daily Report Snap Poll say the city of Rochester is in “fair” condition, and a plurality says the state of the city is unchanged compared with two years ago.
Winners named at HR Executive of the Year Awards
Six local human resources executives were honored Thursday at the annual HR Executive of the Year Awards, sponsored by the Rochester affiliate of the National Human Resource Association. Among them, two received the top honor of HR executive of the year.
Harris unit receives $29 million in orders
Harris Corp.’s Rochester-based Communications Systems’ business has received two orders totaling $29 million to provide its tactical radios to an undisclosed customer in Europe.