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Daily Archives: January 3, 2005

China ruling favors Corning

Corning Inc. on Monday said the government of China has determined the company did not dump standard single-mode optical fiber into the Chinese market, reversing a preliminary decision in the case.

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SPX divests three businesses

SPX Corp., which owns two operations in Rochester, has sold off three firms for a total of more than $500 million. It will use the proceeds to pay down debt.

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Online holiday sales climb 25%

Online sales jumped 25 percent during the 2004 holiday season over a year ago, according to the eSpending Report by Brighton-based Harris Interactive Inc., Goldman Sachs & Co. and NetRatings Inc. Excluding travel sales, online holiday shopping hit $23.2 billion.

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Mpower completes acquisition of customer base, assets

Mpower Communications parent Mpower Holding Corp. has completed an acquisition of ICG Communications Inc.’s California customer base and network assets. The $13.5 million deal gives Mpower a statewide fiber-optic network connecting six major metropolitan areas.

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WEDNESDAY, JAN. 5 Premier Professionals Chapter of Business Network International Meeting—Free—7 – 8:30 a.m.—Hawthorne’s Restaurant, 3500 East Ave.—Visitors are welcome—Also offered Jan. 12—Call Sue Cook at (315) 986-2444 for additional information. The Green Drivers Chapter of Business Network International Meeting—Free—7 ...

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Mpower completes acquisition of customer base, assets

Mpower Communications parent Mpower Holding Corp. has completed an acquisition of ICG Communications Inc.’s California customer base and network assets. The $13.5 million deal gives Mpower a statewide fiber-optic network connecting six major metropolitan areas, including San Diego, Sacramento and ...

Read More »

Online holiday sales climb 25%

Online sales jumped 25 percent during the 2004 holiday season over a year ago, according to the eSpending Report by Brighton-based Harris Interactive Inc., Goldman Sachs & Co. and NetRatings Inc. Excluding travel sales, online holiday shopping hit $23.2 billion, ...

Read More »

SPX divests three businesses

SPX Corp., which owns two operations in Rochester, has sold off three firms for a total of more than $500 million. The company today said it has completed the sale of its BOMAG compaction equipment business to Fayat Group, of ...

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China ruling favors Corning

Corning Inc. today said the government of China has determined the company did not dump standard single-mode optical fiber into the Chinese market, reversing a preliminary decision in the case. The maker of fiber-optic cable said China’s Ministry of Commerce ...

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LSU taps Oklahoma State’s Miles as new coach

LSU has picked Les Miles to replace Nick Saban as football coach. Miles, who led Oklahoma State to three straight bowl games, emerged as the top candidate Saturday, after Louisville coach Bobby Petrino withdrew from consideration. Miles’ hiring was announced ...

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Growth picks up in December at U.S. plants

The pace of growth at U.S. factories picked up in December, boosted by an increase in new orders and despite a decline in employment, the Institute for Supply Management said. Its index of national manufacturing activity rose to 58.6 in ...

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Wal-Mart’s December sales give sector a boost

Wal-Mart Stores Inc., the world’s No. 1 retailer, on Monday said December sales would be at the top end of its prior estimate on better-than-expected post-Christmas spending, driving its shares up 2 percent, Reuters reported. The results boosted the retail ...

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Bush taps his dad, Clinton to head effort for tsunami victims

President George Bush on Monday tapped two former presidents—his father, President George H.W. Bush, and his predecessor, President Bill Clinton—to lead a nationwide, private fund-raising campaign to help victims of the Asian tsunamis, AP reported. Clinton and the first President ...

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