KeyCorp acquisition of First Niagara Financial Group closes
KeyCorp late Friday afternoon said it closed the deal on its acquisition of First Niagara Financial Group Inc., allowing the planned merger of KeyBank and First Niagara Bank to move forward.
Xerox tops Q2 expectations, gives update on planned split
Shares of Xerox Corp. were up Friday afternoon after the company beat Street estimates on second-quarter earnings per share and announced updated plans on its progress toward separating into two independent publicly traded companies.
Merger-related costs reduce First Niagara's net income
First Niagara Financial Group Inc. reported net income available to shareholders of $38.9 million, or 11 cents a diluted share, for the second quarter. That’s down from $53.5 million, or 15 cents a share for the period in 2015.
Hickey Freeman to produce Team USA blazers for Summer Olympics
Designer Ralph Lauren has selected Hickey Freeman Tailored Clothing Inc. to produce Team USA’s blazer for the opening ceremony uniforms at the upcoming 2016 Summer Games in Rio de Janeiro, Sen. Charles Schumer announced Friday.
Snap Poll: Economy is rigged, most readers believe
Presidential hopefuls Donald Trump and Hillary Clinton don’t agree on much, but there’s at least one opinion they share: The U.S. economy is rigged. And more than three-quarters of respondents to this week’s RBJ Daily Report Snap Poll agree.
Clover Lanes to move to city, rebrand as Radio Social
Longtime local bowling venue Clover Lanes will reopen this fall under a new name, Radio Social, in North Winton Village neighborhood, company officials announced late Thursday.
Rochester ranked as the seventh most expensive large metro
Urban dwellers pay more each month in Rochester than in most large metros across the country, a new report from CareerTrends.com shows.
Graham reports decline in sales, profit in fiscal Q1
Graham Corp. reported a drop in fiscal first-quarter sales and profit Friday, driven by continued challenges in its energy markets.
Foundation announces scholarship
The Monroe Community College Foundation has announced the endowment of a scholarship in the name of longtime employee Mary Nolan.