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Daily Archives: October 2, 2008

Genesee & Wyoming acquires rails

Railroad owner Genesee & Wyoming Inc. has announced two acquisitions, in Ohio and Georgia. Connecticut-based GWI, which has its administrative base in Rochester, owns and operates short-line and regional freight railroads in the United States, Canada, the Netherlands and Australia. ...

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Paramount, Kodak pen digital cinema deal

Paramount Pictures Corp. on Monday said it inked digital cinema agreements with Eastman Kodak Co. Paramount is the first studio to sign an agreement with Kodak, the California company said. The Kodak deal, which involves the deployment of digital motion ...

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Consumer confidence rebounds in Q3

Confidence among Rochester consumers rebounded slightly in the third quarter, mirroring the trend statewide, the latest quarterly consumer confidence survey by the Siena Research Institute shows. Overall confidence, which includes current and future confidence, rose to 56 in the third ...

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Council OKs hospitals’ requests to expand

The State Hospital Review and Planning Council Thursday green lighted three Rochester hospitals’ requests to add beds, approving plans to add 152 beds in building projects. The council’s review is the last in the state Department of Health’s approval process ...

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Constellation Brands reports Q2 losses; shares tumble

Shares of Constellation Brands Inc. stock sank roughly 6 percent midday Thursday after the company reported a loss of nearly $23 million, or 11 cents a diluted share, for fiscal second quarter. A year ago the company posted earnings of ...

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Offering raises $115M for First Niagara

First Niagara Financial Group Inc. raised $115 million through its recent public offering of 8.5 million shares of common stock, including 1.1 million shares pursuant to the underwriters’ over-allotment option, the Lockport-area bank said Thursday. “This capital will enable us ...

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Cuomo files suit against EPA

New York Attorney General Andrew Cuomo is leading a coalition of nine states suing the U.S. Environmental Protection Agency over an alleged illegal ruling that could hurt New York’s fishing industry and contaminate drinking water. The EPA created an illegal ...

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Garlock completes new facility

Palmyra-based Garlock Sealing Technologies LLC announced Thursday it has completed construction of a facility for the production of its Gylon restructured industrial gasketing products. The new facility, which also will serve to consolidate all shipping and receiving activity for the ...

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Hartmarx revenue down 8% in third quarter

The uncertain U.S. economy and challenging retail sector weighed on Hartmarx Corp.’s third-quarter results, which sagged under an 8 percent drop in quarterly revenue. Revenues were $124 million, down from $135.2 million a year ago, mainly due to the company’s ...

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Sports provide escape from times of doom and gloom

“… Ignorance is bliss.” –18th century English poet Thomas Gray Once upon a time, long ago but not so far away, life was so much simpler—or at least it certainly seemed that way. Even in the hardest of times, we ...

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Hartmarx revenue down 8% in third quarter

The uncertain U.S. economy and challenging retail sector weighed on Hartmarx Corp.’s third-quarter results, which sagged under an 8 percent drop in quarterly revenue.

Read More »

Garlock completes new facility

Palmyra-based Garlock Sealing Technologies LLC announced Thursday it has completed construction of a facility for the production of its Gylon restructured industrial gasketing products.

Read More »

Cuomo files suit against EPA

New York Attorney General Andrew Cuomo is leading a coalition of nine states suing the U.S. Environmental Protection Agency over an alleged illegal ruling that could hurt New York’s fishing industry and contaminate drinking water.

Read More »

Offering raises $115M for First Niagara

First Niagara Financial Group Inc. raised $115 million through its recent public offering of 8.5 million shares of common stock, including 1.1 million shares pursuant to the underwriters’ over-allotment option, the Lockport-area bank said Thursday.

Read More »

Constellation Brands reports Q2 losses; shares tumble

Shares of Constellation Brands Inc. stock sank roughly 6 percent midday Thursday after the company reported a loss of nearly $23 million, or 11 cents a diluted share, for fiscal second quarter. A year ago the company posted earnings of ...

Read More »