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Home / 2006 / January (page 4)

Monthly Archives: January 2006

Quote of the week

“We want things to happen on the site in 2007. … We want to be able to put up the ‘Future Home of Renaissance Square’ sign.” -Monroe County Executive Maggie Brooks, who expects to secure all funding needed for the ...

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Portfolio: Home Depot Inc.

A weekly report compiled from the proxy statement and annual report of a publicly held company with local headquarters or a company with a major division in the area New York Stock Exchange-HD Founded in 1978 in Atlanta, Ga., Home ...

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Commercial Insurance Firms

1. First Niagara Risk Management Inc. 733 Canal View Blvd. Rochester, N.Y. 14623 www.fnrm.com (585) 546-3747 Number of Local(1)Personnel(2): 98 Number of Local(1) Agents and/or Brokers: NA Number of Local(1)Offices: 1 2004 Premium Volume($000): 80,234 Property and Casualty as a ...

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Brockport students can attend Simon

The University of Rochester’s William E. Simon Graduate School of Business Administration now offers direct admission and merit-based scholarships to students at SUNY College at Brockport.

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Gannett earnings beat Street in quarter

Gannett Co. Inc.’s stock rose more than four percent today following its fourth-quarter earnings report, which beat Street estimates despite a drop in profits.

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ITT loss not reflected in local unit

ITT Industries Inc. posted a loss of $84 million in the fourth quarter, including charges related to the company’s switches business. However, its defense, electronics and services segment, including operations in Rochester, saw revenues rise 16 percent.

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Net income up in Q4, down for year

Financial Institutions Inc. posted a profit of $2.9 million in the fourth quarter, compared with a loss in the same period a year ago. Net income for the full year was $2.2 million, down from $12.5 million.

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Business conditions improve slightly in December

General business conditions in the Rochester area showed improvement in January, a monthly survey by the National Association of Purchasing Management-Rochester Inc. shows.

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Odd news of the week

It was love at first sight for Thailand’s Scorpion Queen and Centipede King. The couple with a soft spot for creepy crawlers, and publicity stunts, is planning a Valentine’s Day wedding at a haunted house. They’ll exchange their vows in ...

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Economy grows at weakest rate in three years

The economy grew at only a 1.1 percent annual rate in the fourth quarter, the slowest pace in three years, amid belt-tightening by consumers facing spiraling energy costs, AP reported. Even with the feeble showing from October through December, the ...

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Bid would create steel powerhouse

Mittal Steel Co., already the world’s largest steelmaker, on Friday announced an unsolicited $22.8 billion offer for rival Arcelor SA in an attempt to form a global powerhouse capable of producing more than 100 million tons a year. But Luxembourg-based ...

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New-home sales surge to all-time high

Sales of new homes for all of 2005 climbed to a new high, marking the fifth consecutive year of record sales, AP reported. The Commerce Department said that sales of new single-family homes clocked in at 1.28 million units last ...

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Business conditions improve slightly in December

General business conditions in the Rochester area improved slightly in January, a monthly survey by the National Association of Purchasing Management-Rochester Inc. shows. Some 26 percent of businesses reported better conditions this month, up from 20 percent in December. Sixty-three ...

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Net income up in Q4, down for year

Financial Institutions Inc. posted a profit in the fourth quarter, compared with a loss a year ago. Net income in the quarter was $2.9 million, or 22 cents per share. The firm posted a loss of $0.8 million, or 11 ...

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