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Daily Archives: November 7, 1997

Stewart to head Kodak
joint venture

Eastman Kodak Co. and its new partner in a global graphics-supply company today named a former Kodak Professional director of finance to lead the venture. Mark Stewart–recently vice president of Kodak Professional, the company’s second-largest global business–will become CEO of ...

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Bankruptcy dismissal upheld

Robert and Karen Kornfield may not use the Chapter 7 bankruptcy law to get out of paying debts for their extravagant lifestyle, a federal court judge ruled today. U.S. District Chief Judge David Larimer affirmed Bankruptcy Judge John Ninfo II’s ...

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ACC Corp. shares rise
as board weighs offer

Investors reacted favorably today to word from ACC Corp.’s board of directors that it is reviewing an unsolicited merger proposal from Tel-Save Holdings Inc. as well as other options. In early afternoon trading, ACC shares were at $45.13, up $1.38 ...

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Foster promoted at Buck & Pulleyn Daniel Foster has been promoted to president at Buck & Pulleyn Inc. Foster will maintain his post as chief operating officer for the agency. Hoff receives prestigious inventor’s award Marcian “Ted” Hoff, a 1954 ...

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Corrections & Amplifications

The Compensation Link Web site address was misidentified in the Oct. 24 issue. The address is http://www.compensationlink.com. The Oct. 10 list of industrial parks should have included RIT Business and Technology Park. With 82 acres zoned for industrial use, the ...

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40 Under 40

Martin Mucci Vice president, Eastern operations and regulatory, Frontier Telephone Group Age: 37 Education: B.S., St. John Fisher College; MBA, University of Rochester’s William E. Simon Graduate School of Business Administration Family: Wife, Darcy; sons, 12 and 10 Professional responsibilities: ...

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40 Under 40

Frederick Kulikowski President and CEO, Citibank (New York State) Age: 38 Education: B.S., business, University of Pennsylvania; MBA, University of Rochester’s William E. Simon Graduate School of Business Administration Family: Wife, Cheryle; sons, 11 and 1 Professional responsibilities: Regional president ...

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40 Under 40

Mary Elliott Worldwide director, sales and customer training, professional motion imaging, Eastman Kodak Co. Age: 37 Education: AAS, Monroe Community College; B.A., communications/journalism, St. John Fisher College Family: Son, 13 Professional responsibilities: Responsible for providing strategic direction and developing training ...

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40 Under 40

Peter Abdella Attorney, Harter, Secrest & Emery Age: 35 Education: B.A., history, Colgate University; J.D., SUNY at Buffalo Law School Family: Wife, Nancy; daughter, 5 months Professional responsibilities: Has an active litigation practice with a focus on construction and commercial ...

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40 Under 40

Yet these mythic heroes play a part in the development of our own leadership potential, say management training experts. “Mythic role models inspire a more deeply held sense of values-based leadership,” says Barry Keesan, president and CEO of WorkSmart International ...

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40 Under 40

This supplement honors 40 young leaders in the Rochester community. Winners of the third annual Rochester Business Journal 40 Under 40 awards, these individuals have made significant contributions not only to their companies or organizations, but to the community as ...

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Credit card rates

INTEREST ANNUAL INSTITUTION CARD RATE CHARGE Advantage FCU Visa 9.96 $10 First National Bank Visa 12.25V $0 KeyBank MasterCard 16.50F $0 Visa 16.50F $0 Hilton Fed. C.U. Visa 9.90 $10 Rochester Ukrainian Visa 12.75 $0 Roch. Postal C.U. Visa 12.90 ...

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Savings rates and yields

The money market deposit account rates and yields and the certificate of deposit yields were effective as of 11/3/97. Rates may change daily. They’re based on the smallest opening deposit allowed. Annual yield on CDs indicates the effect of how ...

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Unsecured Personal and Home Improvement Loans and Auto Loans

Personal loan rates are for a $5,000, two-year loan. Home improvement rates are for a $7,500, five-year loan. Auto loan rates are the fixed rates available with a 10 percent down payment, and the variable rates offered by each insti- ...

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National interest rate index

SHORT-TERM INTEREST RATES 11/3/97 (%) 10/27/97 (%) Net change Prime rate 8.50 8.50 NC Federal Funds rate 5.69 5.54 0.15 Three-month Treasury bills 5.21 5.11 0.10 One-year Treasury bills 5.38 5.40 -0.02 INTERMEDIATE-TERM INTEREST RATES Five-year Treasury notes 5.76 5.89 ...

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