fbpx
Home / 2006 / January (page 5)

Monthly Archives: January 2006

Kodak Q4 sales grow, loss smaller

Eastman Kodak Co. Monday morning reported a 12 percent jump in fourth-quarter sales as the increase in digital revenues outpaced the decline in traditional revenues. The company posted a net loss of $52 million, or 18 cents a share, impacted ...

Read More »

Online help ads increase in December

Rochester’s help-wanted advertising index showed improvement in December, the Conference Board Inc. reported. The index increased to 20 last month from 14 in November. It was unchanged from a year ago. The index in Syracuse also increased in December to ...

Read More »

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. The company’s fourth-quarter earnings of 91 cents a share included charges of $218.6 million, or $2.34 a share, related ...

Read More »

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. Shares of the media giant (NYSE:GCI) at 2 p.m. were trading at $63.52, up from Thursday’s ...

Read More »

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. Brockport students who are granted admission to the Simon School will be guaranteed entrance ...

Read More »

Leaders mull ways to heat up business climate

Fixing a broken system is not as simple as slapping on a bandage and offering some soothing words. Yet that is what policymakers in New York are doing when it comes to the small-business climate here, some entrepreneurs and economic ...

Read More »

Major reform proposals

— Benchmarking and reducing personal, corporate and property taxes — Workers’ compensation, Medicaid and scaffold law reform — Boosting work force development — Infrastructure improvements, including the addition of high-speed trains, increased broadband technology and more focus on gaining financing ...

Read More »

’07 start for Renaissance Square likely

The local development corporation spearheading Renaissance Square plans to have the $230 million needed for the project in its hands by the end of the year. The funding would include $205 million in public money and $25 million in private ...

Read More »

Private colleges see endowments jump 7.9 percent

The combined endowment assets of four of the area’s private colleges grew 7.9 percent in fiscal 2004-2005, slower than the national average for colleges. A recent survey by the National Association of College and University Business Officers found college endowments ...

Read More »

UR research funding totals $352.8 million

Despite stiff competition for research dollars, the University of Rochester in fiscal 2005 attracted $352.8 million in funding, up nearly 6 percent from $333.1 million the previous year, a new report shows. A majority of these funds again came from ...

Read More »

Gleason to lease up to 40% of space

Gleason Corp. plans to lease up to 300,000 square feet at its University Avenue complex -some 40 percent of the facility-because its lean manufacturing techniques have freed up space there. A substantial portion of the space will be available midyear. ...

Read More »

Analysts await word on Kodak’s Q4 digital results

Did Santa deliver enough red and yellow packages to give Eastman Kodak Co. a gangbuster fourth quarter? Digital sales and profits are key measures analysts await from Kodak on Monday when the company is scheduled to deliver its final 2005 ...

Read More »

Xerox eyes rosy future as color printing surges

A bigger share of the digital color printing business is expected to fuel 2006 growth at Xerox Corp. “Our color leadership is unparalleled in the industry and we intend to keep it that way,” Xerox chairman and CEO Anne Mulcahy ...

Read More »

Harris expected to post lower earnings for Q2

Analysts will be looking for productivity gains but anticipate lower earnings when Harris Interactive Inc. reports its second-quarter fiscal 2006 earnings next Thursday. The Street-according to a consensus of six analysts polled by Thomson First Call-expects the Brighton company to ...

Read More »

RPO looks to play a new tune: focusing on growth

After almost a half-decade of financial struggle, the Rochester Philharmonic Orchestra Inc. nearly has balanced its budget. But rather than continue to cut expenses to meet its operating budget, the organization has opted to build its way to further fiscal ...

Read More »