Genesee & Wyoming rolls over Street estimates
Record crop harvests and improved fluidity with carriers helped propel revenue and earnings increases for Genesee & Wyoming Inc. in the third quarter, beating Street estimates.
Home Properties reports rise in FFO, revenues
Home Properties Inc. reported an increase in funds from operations in the third quarter, due, in part, to increased rental income and higher occupancy rates.
Rochester Top 100 announced; UTC Retail ranks No. 1
UTC Retail Inc. earned the No. 1 spot on the 2014 Rochester Top 100, the Rochester Business Alliance Inc. and KPMG LLP announced this morning. The Rochester Top 100 is a program of the RBA and KPMG. Since 1988, each annual Top 100 has ranked the area’s private companies based on dollar and percentage revenue increases over the past three fiscal years, with a minimum of $1 million in annual sales required.
Snap Poll: Astorino leads Cuomo for governor
If the election were today, the majority of respondents to the Daily Report Snap Poll—58 percent—would vote for Astorino. Cuomo garnered 31 percent, while 8 percent favor Green Party candidate Howie Hawkins. Libertarian candidate Michael McDermott received 3 percent of the support.
Indus Hospitality Group expanding its holdings
Perinton-based Indus Hospitality Group Inc. has opened a Holiday Inn Express & Suites in Geneva, Ontario County, and work has begun on a six-story Hampton Inn on Panorama Trail in Penfield, the company said this week.
Pair of area firms wins $500,000 awards
Raland Therapeutics Inc. in Perinton and Medical Conservation Devices LLC in Batavia, Genesee County, were awarded $500,000 each Thursday in the 43North business idea competition in Buffalo.
Swing bridge to connect sides of the bay on Monday
The Irondequoit Bay swing bridge is slated to re-open Monday. Placement of the bridge is scheduled to begin Monday at 7 a.m. and be available for vehicular traffic at about 9:30 a.m.
Public meeting set on city parade routes
A public meeting is scheduled for Nov. 17 to solicit input on proposed route changes for three holiday parades in Rochester, city officials announced.
Seaway worker strike deadline extended
Union workers along the St. Lawrence Seaway have extended their strike deadline to Monday at 5 p.m., officials announced Friday.