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Daily Archives: April 11, 2008

Marking progress

A year ago, Rochester Mayor Robert Duffy used the word “results” 46 times in his State of the City address. On Monday, he used it only three times. But that does not mean Rochester’s mayor is any less focused on ...

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Portfolio: TRANSCAT

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 Based in Rochester, Transcat Inc. is a global distributor of professional-grade ...

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Deal gives Baltimore firm a footprint in region

A Baltimore-based private company made the second-largest local commercial real estate deal of 2007. For $48.7 million last July, Phillips Edison & Co. made its foray into the Rochester market by buying 444,500 square feet of retail space from Developers ...

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HTR’s president accepts post in North Carolina

High Tech Rochester Inc. is losing its leader, Paul Wetenhall, next month to a business incubator in Charlotte, at the University of North Carolina. Wetenhall has been at HTR since its inception. He has helped bring together entrepreneurs and engineers, ...

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Former executive sues IRS for refund from ’99

As the current tax season draws to a close, few can have higher refund hopes than Olafur Gudmundsson. He recently sued the Internal Revenue Service in hopes of getting the agency to cut him a refund check for more than ...

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Analysts expect strong first quarter from Xerox

Analysts expect Xerox Corp. to post earnings per share at the high end of its guidance when the company reports its first-quarter results next Friday. Eight analysts polled by Thomson Financial estimate Xerox will report earnings per share in the ...

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Tough first quarter staggers most local stocks

Most local stocks lost value during a difficult first quarter hampered by the country’s financial crisis and fears of a recession. Of the 51 local stocks trading on the New York Stock Exchange, 40 lost ground during the quarter ended ...

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Zoo meets Riedman challenge grant

The Seneca Park Zoo Society has raised more than $500,000 to meet a challenge grant by the Riedman Foundation toward its Step Into Africa project, officials said. The Riedman Foundation in October pledged up to $500,000 in matching funds raised ...

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Healthier workplaces earn honors for firms

Twelve area employers in June will be lauded with the Wealth of Health Awards for their commitment to fostering a healthy workplace. Co-sponsored by Excellus Blue Cross Blue Shield, Rochester Region and the Rochester Business Journal, the Wealth of Health ...

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Non-profit Report: Rochester Business Classic

The Rochester Businessmen’s Charitable Organization aims to improve the quality of life for people in need in the Rochester community through the support of local charities. The group does this by bringing business leaders together in charitable forums. RBCO has ...

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Spotlight: New York leads all states in per-pupil spending

Data recently released by the U.S. Census Bureau showed that New York’s public school districts had the highest per-pupil spending in the nation. With an average $14,884 per student during fiscal 2006, New York’s spending was 62.9 percent higher than ...

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Obtaining Medicaid eligibility remains problematic

The current economic malaise affects us all, and miraculously given the recent tumult in leadership in Albany, the state appears to have cobbled together a health care budget that reasonably balances conflicting interests. If only the same could be said ...

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Fraud prevention calls for multi-level plan centered on awareness

Fraud. It’s one of your business’ biggest problems, and yet, your company may not have taken the necessary steps to combat it. Right now, businesses, like yours, are being marked as possible targets by individuals who are looking to illegally ...

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Look for a shared purpose when discussing job performance

Following up on a recent column about a manager having difficulty confronting employees on performance issues, we heard from Charles Pfeffer, president of Contextus LLC, a Rochester-area executive coaching and organizational consulting firm. He supplied some additional ideas on addressing ...

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