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Monthly Archives: October 2000

Xerox Corp.’s local operations under scrutiny

The Greater Rochester area has more than 13,760 Xerox Corp. workers, including the firm’s largest manufacturing complex in Webster. Following are the document company’s chief operations in Monroe County. Worldwide Business Services Location: 800 Phillips Road, Webster In charge: Allan ...

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DSI,key shareholder volley new allegations

Another volley of shots has been fired in the proxy battle for control of Detection Systems Inc. The intensity of the acrimony between the company’s directors and Ultrak Inc., the Texas-based company that is one of its largest shareholders, shows ...

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Small-business advantage

— Fewer hoops to jump through — More effective and direct communication — Small businesses usually spend a lot less on data gathering and evaluation — Higher rates of employee participation — Small businesses have a greater likelihood of integrating ...

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Kodak acquisition to drive space-imaging sales higher

Each day satellites and aircraft high above the earth gather massive amounts of data about earthly features. One of the top players in the data-capture industry is Eastman Kodak Co.’s Commercial & Government Systems unit. Much of the industry’s emphasis, ...

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High-speed rail boosters battle to defeat bond act

Advocates of linking Rochester with the rest of New York via a high-speed rail system are drumming up opposition to the state’s proposed Transportation Bond Act. The rail proponents claim the bill does not give Rochester its fair share of ...

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Value-stock comeback gives local mutual funds a boost

Value stocks outperformed growth stocks in the third quarter causing all but one of the locally managed equity funds to increase in value. “The market seems to be swinging back to value, but it is too early to confirm it ...

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Consumer focus is key for AOL as media coverage

Mark Hosbein, America Online Inc.’s vice president of interactive marketing, says that as consumers become more comfortable with new media, they will drive businesses to become savvy across the different media-creating “media convergence.” Hosbein is slated to be a keynote ...

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Area bankers see surge in SBA loans; M&T,Fleet top list

Start-ups and service-related companies fueled a 21 percent spike in the number of local U.S. Small Business Administration-guaranteed loans over the past year. The total value of those loans, however, dropped some 10 percent. M&T Bank Corp. and Fleet National ...

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Consumer focus is the key for AOL

Mark Hosbein, America Online Inc.’s vice president of interactive marketing, says that as consumers become more comfortable with new media, they will drive businesses to become savvy across the different media–creating “media convergence.” Hosbein is slated to be a keynote ...

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Carp restructures Kodak leadership,taps Coyne

Eastman Kodak Co. this week outlined a streamlined corporate structure that includes two new executive vice presidents and a new head of its Health Imaging business. Kodak, which saw its stock plummet after a difficult third quarter, plans to simplify ...

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Online shoppers last month spent less,study finds

Online shopping cooled off last month. A study conducted by Harris Interactive Inc. and U.S. Bancorp Piper Jaffray shows online shoppers spent 12.8 percent less in September than in August. The poll of 36,768 adult online shoppers indicates consumers spent ...

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Beverage-plant funding awaits action

Though heartened by Children’s Beverage Group Inc.’s emergence from a brief brush with bankruptcy, city officials want more assurances before releasing a $3.5 million loan-and-grant package to the company. Four firms moved in a Chicago court last month to force ...

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The potential benefits of wellness

The potential benefits of a well designed and properly implemented wellness program are legion, for both employee and employer. Consider the following items: Employees — Increased awareness of individual health status — Increased sense of empowerment from taking charge of ...

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Acquisition boosts staff at Horizon Aerospace

A recent acquisition has boosted the employment at an Ontario County aerospace firm to more than 330 employees. The acquisition of the Connecticut-based Lewis Engineering, an instrument-products equipment manufacturer, brings Horizon Aerospace LLC’s employment in Victor to 80 staffers. The ...

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Young telecom ventures to run Street’s gauntlet

Two of the area’s hot young telecommunications firms face the Street next week after a month of trading at near-record lows and battling through an industry meltdown. A third local telecom firm continues to edge toward an initial public offering ...

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