fbpx
Home / 2001 / January (page 5)

Monthly Archives: January 2001

News in Brief

Center campaign kicks off Gov. George Pataki and U.S. Sen. Charles Schumer this week were joined by executives from Eastman Kodak Co., Corning Inc. and Xerox Corp. to begin a campaign to raise $75 million in private-sector investment for the ...

Read More »

RG&E to cut gas-delivery rates

Rochester Gas and Electric Corp. plans to cut its rates for delivering natural gas. RG&E, a subsidiary of RGS Energy Group Inc., will cut the rates by an average of 1 percent through June 2002, company officials said.

Read More »

Veramark halts its delisting appeal

Veramark Technologies Inc. on Friday discontinued its appeal of a decision last month by Nasdaq to delist the Pittsford company’s stock. Veramark expects that its stock shortly will cease trading on Nasdaq and begin trading on the OTC Bulletin Board.

Read More »

Harris Interactive stock up after earnings

Harris Interactive Inc.’s stock was up some 8 percent on Friday following the release of its second-quarter earnings. The earnings report, released after the markets closed Thursday, easily beat Street estimates. The stock was up 44 cents to $5.38 early ...

Read More »

Xerox prepares digital press production

Xerox Corp. is readying to start production of its much-ballyhooed digital color press, and signaling the presses will be in Webster. The document company said Friday that a four-ton, air-handling unit will be installed at its manufacturing complex in Webster ...

Read More »

Xerox prepares digital press production

Xerox Corp. is readying to start production of its much-ballyhooed digital color press, and signaling the presses will be in Webster. The document company said today that a four-ton, air-handling unit will be installed at its manufacturing complex in Webster ...

Read More »

Harris Interactive stock up after earnings

Harris Interactive Inc.’s stock was up some 8 percent today following the release of its second-quarter earnings. The earnings report, released after the markets closed Thursday, easily beat Street estimates. The stock was up 44 cents to $5.38 early this ...

Read More »

Veramark halts its delisting appeal

Veramark Technologies Inc. today discontinued its appeal of a decision last month by Nasdaq to delist the Pittsford company’s stock. Veramark expects that its stock shortly will cease trading on Nasdaq and begin trading on the OTC Bulletin Board. David ...

Read More »

RG&E to cut gas-delivery rates

Rochester Gas and Electric Corp. plans to cut its rates for delivering natural gas. RG&E, a subsidiary of RGS Energy Group Inc., will cut the rates by an average of 1 percent through June 2002, company officials said. The reduction ...

Read More »

Hundreds die in earthquake in India

More than 800 people died today when a powerful earthquake rocked western India. Officials fear the death toll could rise above a 1,000 as rescue workers search for survivors. The earthquake, measured at 7.9 on the Richter scale, was the ...

Read More »

Ericsson to stop making mobile phones

Swedish manufacturer LM Ericsson Telephone Co., the world’s third largest mobile phone maker, plans to stop making its own mobile phones. The move will shed thousands of jobs in the handset business. The firm made the decision after reporting a ...

Read More »

Verizon emerges as big auction winner

The U.S. Federal Communications Commission said its airwaves auction ended today raising a record $16.9 billion, with Verizon Wireless winning more than a quarter of the licenses for sale. The No. 1 U.S. wireless company spent $8.78 billion for 113 ...

Read More »

Report: FDA should regulate tobacco

A panel created to help tobacco farmers while protecting the public from smoking hazards recommended today that the Food and Drug Administration be allowed to regulate tobacco. The preliminary report recommends giving the FDA power to oversee the manufacture, sale, ...

Read More »

Xerox posts $198 million loss

Xerox Corp. Monday morning reported a fourth-quarter loss from operations of $198 million and disclosed plans to slash 4,000 jobs in the first three months of this year. The document company lost 31 cents a share in the final quarter ...

Read More »

Two hospitals fail to receive extra funding

Two of Rochester’s largest hospitals are left out of a $1.2 billion state-administered Medicaid-funding bonus. Rochester General Hospital and Genesee Hospital were alone among the city’s five acute-care facilities in not receiving funds under the grant. The city’s three other ...

Read More »