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Daily Archives: January 28, 2002

FRIDAY, FEB. 1 The IMC Training Session—“Managing Your Time & Priorities”—$195 members, $265 non-members—8:30 a.m. – 4:30 p.m.—Training and Development Center, 919 Culver Road—Call Edna Smith at 224-2727 for additional information. MONDAY, FEB. 4 The IMC Training Session—“Elements of Project ...

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PTI rolls out new wireless product

Performance Technologies Inc. has introduced a product that allows more cell phone users to place calls outside their home service area. Two major European carriers are using the product. Until now, only the largest providers could offer this service, due ...

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County gets “C” management grade

Monroe County earned a “C” grade in a report released Monday on the management of 40 county governments. The county earned its highest grade—a “B”—in capital management. Its lowest grade—a “D”—was for information technology management. The report was conducted by ...

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Investors applaud Xerox results

Xerox Corp. shares gained more than 10 percent by midday on news of better-than-expected results in the fourth quarter. At 2:30 p.m., Xerox (NYSE: XRX) was trading at $10.96, up more than $1 over Friday’s close. The company’s 15 cent ...

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Global Crossing shares likely to be worthless

Global Crossing Ltd. shareholders likely will end up with worthless shares of the once high-flying stock. The long-rumored bankruptcy of Global Crossing–believed to be the fourth-largest insolvency in U.S. history–occurred Monday morning. The company, which bought Frontier Corp. in September ...

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Global Crossing shares likely to be worthless

Global Crossing Ltd. shareholders likely will end up with worthless shares of the once high-flying stock. The long-rumored bankruptcy of Global Crossing—believed to be the fourth-largest insolvency in U.S. history—occurred today. The telecommunications firm, which bought Frontier Corp. in September ...

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County gets “C” management grade

Monroe County earned a “C” grade in a report released today on the management of 40 county governments. The report—the fourth in a series on government management—was conducted by the Government Performance Project of the Maxwell School of Citizenship & ...

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Investors applaud Xerox results

Xerox Corp. shares gained more than 10 percent by midday on news of better-than-expected results in the fourth quarter. The company’s 15 cent a share operating profit blew away Street expectations of a penny a share loss. However, restructuring charges ...

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PTI rolls out new wireless product

Performance Technologies Inc. has introduced a product that allows more cell phone users to place calls outside their home service area. Two major European carriers are using the product. PTI’s MicroLegend GSM Roaming Platform permits small and emerging wireless service ...

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Palm launches device for corporate market

Palm Inc. today introduced a pocket computer organizer that can surf the Web, download e-mail and communicate without wires. The firm hopes corporate executives will see the device as a must-have business tool. The Palm i705 will sell for roughly ...

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Pope urges lawyers to spurn divorce work

Pope John Paul, spiritual leader of about 1 billion Catholics worldwide, today urged judges and lawyers to avoid working on divorce cases.

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Enron employees file class action lawsuit

Hundreds of current and former employees of collapsed energy trader Enron Corp. today filed a class action lawsuit in Houston seeking damages for losses they suffered by investing in the company’s 401(k) plan.

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U.S. new home sales set record

Sales of new U.S. homes rose 5.7 percent in December and set a record for the year, the Commerce Department said. New homes were sold at a seasonally adjusted annual rate of 946,000 last month, up from a 895,000 pace ...

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