fbpx
Home / 2006 / January (page 10)

Monthly Archives: January 2006

Revenues grow at Harris unit

Harris Corp.’s RF Communications division saw a 55 percent increase in its fiscal second-quarter revenues to $180.8 million. The Rochester-based division reported earnings after markets closed on Wednesday. RF Communications’ operating income in the quarter was $61.5 million, up from ...

Read More »

Pactiv profits slide, but shares up

Shares of Pactiv Corp. were trading midday at $22.97, up nearly 5 percent from Monday’s close despite a sharp decline in fourth-quarter profits.

Read More »

Brooks meets with Medicaid group

Monroe County Executive Maggie Brooks left Tuesday morning for Washington, D.C., for three days of meetings with representatives of the Federal Medicaid Commission.

Read More »

Gleason to lead new charter school board

The SUNY board of trustees has approved a new charter school to open in Rochester in 2006. James Gleason will lead the school’s board.

Read More »

Gleason to lead new charter school board

The SUNY Board of Trustees has approved a new charter school to open in Rochester in 2006. The new school’s board will be led by James Gleason, chairman of Gleason Corp. True North Rochester Preparatory Charter School plans to begin ...

Read More »

Brooks meets with Medicaid group

Monroe County Executive Maggie Brooks left Tuesday morning for Washington, D.C., for three days of meetings with representatives of the Federal Medicaid Commission. The January meetings will focus on who the Medicaid program should serve and why. Brooks was appointed ...

Read More »

Pactiv profits slide, but shares up

Shares of Pactiv Corp. were trading midday at $22.97, up nearly 5 percent from Monday’s close despite a sharp decline in fourth-quarter profits. Pactiv, based in Illinois, late Monday reported earnings of $35 million, or 25 cents a share, versus ...

Read More »

UPN, WB to shut down as parent firms create new network

Two small, struggling television networks, UPN and WB, will shut down this fall, and their parent companies plan to form a new network called the CW using programming and other assets from each, AP reported. The announcement was made Tuesday ...

Read More »

Alito gets Judiciary Committee recommendation

The Judiciary Committee favorably recommended Samuel Alito’s Supreme Court nomination to the full Senate on a party-line vote Tuesday, moving the conservative jurist one step closer to joining the high court, AP reported. All 10 Republicans voted for Alito, while ...

Read More »

DaimlerChrsyler to cut 6,000 jobs

DaimlerChrysler AG said Tuesday it would cut administrative staff by 20 percent worldwide over three years, dropping 6,000 jobs to save some $1.2 billion a year and make the company leaner and more profitable, AP reported. CEO Dieter Zetsche said ...

Read More »

EU approves Reebok takeover

German sportswear company Adidas-Salomon AG won EU regulatory approval Tuesday for its $3.8 billion takeover of U.S.-based Reebok International Ltd. Reebok shareholders vote Wednesday on the deal, and it is expected to pass without controversy, AP reported. The European Commission ...

Read More »

Xerox Q4 profit meets expectations

Xerox Corp. this morning posted higher fourth-quarter earnings that met Street expectations. The company reported earnings of $267 million, or 27 cents a share, up from $226 million, or 24 cents a share, the year before. Excluding restructuring charges, it ...

Read More »

Lennie to return to UR as college dean

University of Rochester has named former Rochesterian Peter Lennie as the Robert L. and Mary L. Sproull Dean of the Faculty of the College of Arts, Sciences and Engineering.

Read More »

Lenel Systems founders plan exit

The founders of Lenel Systems International Inc. plan to leave the security company after the husband-and-wife team trains new General Manager David Cunningham to take over.

Read More »

Bank of America income falls in Q4

Fourth-quarter net income at Bank of America Corp. slid 2 percent compared with a year ago, missing Street estimates by 9 cents a share.

Read More »