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Monthly Archives: January 2006

Ginna parent beats Street in quarter

Net income at Constellation Energy Group Inc., parent of the R.E. Ginna Nuclear Power Plant LLC in Wayne County, jumped 44.7 percent in the fourth quarter compared with a year ago.

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Lawyer to head First Niagara branch

An attorney and former president of Zweigle’s Inc. distributor White-Hots International Inc. has been named manager of First Niagara Bank’s downtown Rochester branch.

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Local impact of Kraft job cuts unknown

Kraft Foods Inc. is uncertain if its plan to cut 8,000 jobs by the end of 2008 will affect the firm’s Avon operations, a company spokesperson said Tuesday.

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Golisano will not run for governor

Paychex Inc. founder Thomas Golisano will not run for governor of New York. Ending months of speculation over whether he would mount a fourth run for the post, Golisano on Tuesday issued a terse press release stating he would not ...

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Golisano will not run for governor

Paychex Inc. founder Thomas Golisano will not run for governor of New York. Ending months of speculation over whether he would mount a fourth run for the post, Golisano today issued a terse press release stating he would not seek ...

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Alito becomes Supreme Court justice

Samuel Alito Jr. was sworn in as the nation’s 110th Supreme Court justice on Tuesday after being confirmed by the Senate, AP reported. Alito was sworn in by Chief Justice John Roberts in a private ceremony at the Supreme Court ...

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Fed ups interest rate again as Greenspan says goodbye

The Federal Reserve nudged a key interest rate up to the highest level in nearly five years on Tuesday as Alan Greenspan brought his long tenure as Fed chairman to a close, AP reported. At Greenspan’s final meeting, the central ...

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Coretta Scott King dies at age 78

The widow of the Rev. Martin Luther King Jr., Coretta Scott King, who turned a life shattered by her husband’s assassination into one devoted to enshrining his legacy of human rights and equality, has died at the age of 78, ...

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Former Wal-Mart executive pleads guilty to thefts

A former Wal-Mart Stores Inc. vice chairman who was a protege of founder Sam Walton pleaded guilty to fraud and tax charges Tuesday, admitting that he stole money, gift cards and merchandise from the world’s largest retailer, AP reported. Tom ...

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Local impact of Kraft job cuts unknown

Kraft Foods Inc. is uncertain if its plan to cut 8,000 jobs by the end of 2008 will affect the firm’s Avon operations, a company spokesperson said today. The local facility, Livingston County’s largest private-sector employer, produces Oscar Mayer Lunchables ...

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Lawyer to head First Niagara branch

An attorney and former president of Zweigle’s Inc. distributor White-Hots International Inc. has been named manager of First Niagara Bank’s downtown Rochester branch. Nicholas Capanna, a resident of Perinton, will head the branch at 8 Exchange St. in the Wilder ...

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Ginna parent beats Street in quarter

Net income at Constellation Energy Group Inc., parent of the R.E. Ginna Nuclear Power Plant LLC in Wayne County, jumped 44.7 percent in the fourth quarter compared with a year ago. Fourth-quarter net income was $195.2 million, or $1.07 a ...

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IEC posts slight loss, lower sales

IEC Electronics Corp. Monday reported a first-quarter net loss of $48,000 on revenues of $3.6 million, versus net income of $82,000 on revenues of $6.2 million for the same quarter last year. During the quarter IEC spent $212,000 to buy ...

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Bigger digital revenues boost Kodak sales

Eastman Kodak Co. Monday reported a 12 percent jump in fourth-quarter sales as rising digital revenues, which now account for more than half of all sales, more than offset the decline in traditional revenues. However, the company posted a net ...

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Xerox product wins magazine award

Xerox Corp.’s DocuShare 4.0.1 software has been named “Best Document Manager” in InfoWorld magazine’s 2006 Technology of the Year awards.

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