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Monthly Archives: January 2001

Xerox officials paint upbeat picture

After announcing a fourth-quarter loss slightly worse than Wall Street expected, Xerox Corp. officials Monday morning tried to paint a picture for analysts of a company on the mend. The company said it would continue to pursue aggressive cost-cutting plans, ...

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Xerox officials paint upbeat picture

After announcing a fourth-quarter loss slightly worse than Wall Street expected, Xerox Corp. officials today tried to paint a picture for analysts of a company on the mend. In a conference call with analysts, Chairman and CEO Paul Allaire called ...

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B&L chief for Americas resigns

Bausch & Lomb Inc. is hunting for a new president for its Americas region. The search follows the resignation of Hakan Edstrom, who stepped down to pursue other opportunities, company officials said. The president of the Americas region oversees the ...

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Fresnel to acquire California firm

Fresnel Optics Inc. has agreed to acquire California-based Wavelength Optics in a move to launch its Reflexite instrumentation optics. Fresnel is a wholly owned subsidiary of Connecticut-based Reflexite Corp. The financial details of the deal were not disclosed. “Reflexite’s … ...

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Torvec tables preferred-stock plan

Automotive technology developer Torvec Inc. has dropped its plans to issue preferred stock. In a letter to shareholders, President Keith Gleasman said that because of “intense third-party interest” in the company that could lead to a licensing deal, joint venture ...

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Allied Builders lands $14 million project

Allied Builders Inc. was awarded a project worth more than $14 million to act as general contractor for Gananda Central Schools. The Brockport-based firm will work with the architectural firm Clark Patterson Associates. The Wayne County project is located in ...

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Rescue efforts continue in India

Rescuers continued their efforts today picking through the rubble of India’s worst earthquake. The disaster has killed an estimated 20,000 people.

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Super Bowl TV audience smaller

Preliminary figures show an estimated 130 million people watched Super Bowl XXXV on CBS Television, down slightly from a year ago. CBS, a unit of Viacom Inc., said the game had a 40.5 rating. Each rating point equals 1.02 million ...

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In a pickle, Vlasic files for bankruptcy

Vlasic Foods International Inc. today filed for Chapter 11 bankruptcy and agreed to sell its core pickle business and barbecue-sauce line to H.J. Heinz Co. The deal is expected to help the New Jersey-based Vlasic emerge from bankruptcy. Vlasic will ...

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Chrysler to cut 26,000 jobs

DaimlerChrysler AG plans to cut some 26,000 jobs over three years at its U.S.-based Chrysler division. As part of a restructuring plan designed to stop the losses at Chrysler, the company said it would cut roughly 20 percent of its ...

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Insurance Agencies

1. Marsh Inc. 500 Linden Oaks Rochester, N.Y. 14625 www.marshmac.com 389-8700 Number of Local(1) Personnel(2): 90 Number of Local(1) Agents and/or Brokers: 60 Number of Local(1) Offices: 1 2000 Premium Volume (in millions): 221(3) Percentage of Policies Sold-Commercial: 99 Percentage ...

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Portfolio: Harris Interactive Inc.

PORTFOLIO A weekly report compiled from the proxy statement and annual report of a publicly held company with local headquarters or a company with a major division in the area NASDAQ-HPOL Based in Rochester, Harris Interactive Inc. uses online and ...

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Local stock performance

1/22 1/16 Net Ch. % Ch. P/E EPS Ann. Div. 52-wk L/H AT&T Corp. (NY-T) 23.63 24.00 -0.37 -1.5 13.28 1.78 0.15 16.50-61.00 AOL Time Warner Inc. (NY-AOL) 53.84 46.70 7.14 15.3 82.83 0.65 NONE 31.50-74.63 Alstom S.A. (NY-ALS)(3) 23.50 ...

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Economy Track

EMPLOYMENT Period Latest Previous % Change Last Year % Change -Total non-farm jobs (000) Dec. 563.5 564.7 -0.2 558.5 0.9 -Construction Dec. 20.0 21.3 -6.1 19.9 0.5 -Finance, insurance, real estate Dec. 21.0 20.9 0.5 20.9 0.5 -Government Dec. 85.2 ...

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Portfolio: Harris Interactive Inc.

PORTFOLIO A weekly report compiled from the proxy statement and annual report of a publicly held company with local headquarters or a company with a major division in the area NASDAQ-HPOL Based in Rochester, Harris Interactive Inc. uses online and ...

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