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Daily Archives: April 1, 2002

Aetna to administer UR health plans

Aetna Inc. has been selected to administer the University of Rochester’s employee health plans. UR last week said that starting in July it would self-fund its health plans, but did not say who would administer the program. The move puts ...

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Xerox, SEC agree on fine, restated results

Xerox Corp. has reached an agreement in principle with Securities and Exchange Commission staff that calls on the document company to restate its financial results for 1997 through 2001, and pay a $10 million civil penalty. The agreement also calls ...

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Kodak CIO wins diversity award

Eastman Kodak Co.’s chief information officer will receive the photo giant’s annual CEO Diversity Award for 2001. Mark Gulling, also a corporate vice president, is the fourth winner of the award, which recognizes outstanding achievement in pursuit of diversity. “Winners ...

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Banks back out of deal with Global

Global Crossing Ltd. today was expected to sign a deal to restructure its multimillion-dollar agreement with a consortium of banks that operate the SWIFT worldwide fund transfer systems. The beleaguered and bankrupt Global Crossing said it plans to restructure its ...

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Three firms here make Fortune 500

Xerox Corp. leads the list of local firms on the new Fortune 500 list. The company ranked 121st, followed by Eastman Kodak Co. at 155th. The Virginia-based Gannett Co. Inc., owner of the Rochester Democrat and Chronicle, ranked 287th. Bausch ...

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Hartmarx posts loss, lower sales

Hartmarx Corp., the parent of Hickey-Freeman Co. Inc., lost $535,000, or 2 cents a share, in the first quarter ended Feb. 28. The loss compares with a loss of $895,000, or 3 cents a share, a year ago. The company ...

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Xelus names aviation veteran to board

Xelus Inc. has named former aviation industry executive Terry Stinson to its board. Stinson retired in 2001 as chairman and CEO of Bell Helicopter Textron Inc. Bell Helicopter, located in Fort Worth, Texas, is a $1.4 billion producer of commercial ...

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Manufacturing sector shows rebound

U.S. manufacturing activity rose in March to its highest level since February 2000 as factories boosted production to meet the strongest demand for goods in nearly 15 years. The Institute for Supply Management’s monthly Purchasing Managers’ Index rose in March ...

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Euthanasia now is legal in the Netherlands

Euthanasia became legal in the Netherlands today, the first country to permit mercy killing for the hopelessly ill who are desperate to die.

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Key Bin Laden aide believed captured

A suspected member of al Qaeda leader Osama bin Laden’s inner circle was in U.S. custody and receiving medical treatment for three gunshot wounds suffered while trying to escape capture in Pakistan, U.S. officials told Reuters today.

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U.S. construction spending rises

Construction spending climbed 1.1 percent in February fueled by a rise in private residential building, the Commerce Department said today.

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MONDAY, APRIL 8 The IMC Training Session—“Behavioral Interviewing”—$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. The IMC Training Session—“Leadership Part 1”—$625 members, $825 non-members—8:30 a.m. – 12:30 ...

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Xelus names aviation veteran to board

Xelus Inc. has named former aviation industry executive Terry Stinson to its board. Stinson retired in 2001 as chairman and CEO of Bell Helicopter Textron Inc., a $1.4 billion producer of commercial and military helicopters. The aviation sector is a ...

Read More »

Hartmarx posts loss, lower sales

Hartmarx Corp., the parent of Hickey-Freeman Co. Inc., lost $535,000, or 2 cents a share, in the first quarter ended Feb. 28. The loss compares with a loss of $895,000, or 3 cents a share, a year ago. Sales were ...

Read More »

Three firms here make Fortune 500

Xerox Corp. leads the list of local firms on the new Fortune 500 list. The company ranked 121st, followed by Eastman Kodak Co. at 155th. The Virginia-based Gannett Co. Inc., owner of the Rochester Democrat and Chronicle, ranked 287th.

Read More »