Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

Home sales fell 17 percent in the first quarter in the Rochester region compared with a year ago, the Greater Rochester Association of Realtors Inc. reported Thursday. The median sales price, however, jumped nearly 7 percent during the period. A ...

Perinton-based Parlec Inc. said Monday it has sold its tooling division to Indianapolis-based Techniks Industries. Parlec will retain its presetter business under the Omega Tool Measuring Machines brand. Presetters are tool measurement devices. “In January 2016, the executive team at ...

Eastman Kodak Co. CEO Jeffrey Clarke saw his total compensation dip slightly in 2016, a company filing this week with the Securities and Exchange Commission shows. Clarke, who became the firm’s chief executive in March 2014, received $2.18 million in ...

Perinton company Manning & Napier Inc. this week added a new board member. The company on Wednesday appointed Kenneth Marvald to fill a position on the board, effective immediately, the company said Thursday. He replaces Richard Barrington who resigned from the ...

Carestream Health Inc. has entered into an agreement to sell its dental digital business. The Rochester-based company, working with its parent company, Onex Corp., has agreed to sell the business to funds managed by Clayton, Dubilier & Rice LLC, a ...

President Bill Clinton will deliver this year’s commencement address at Hobart and William Smith Colleges. “We are honored to welcome President Clinton back to Hobart and William Smith as the 2017 Commencement speaker,” President Mark Gearan said Wednesday. “President Clinton’s ...

Eastman Kodak Co. said Friday it has decided to retain its Prosper inkjet business. The company had announced plans in March 2016 to sell it. The decision was made following in-depth management review of business operations and multiple discussions with ...

Eastman Kodak Co. on Friday named a new president for its Enterprise Inkjet Systems Division. Randy Vandagriff, who has played an integral role in the development of Kodak Ultrastream Technology and Kodak’s digital print business since 2004, is to take ...

It doesn't get much bigger than debuting at the Metropolitan Opera. 

Eastman Kodak Co. on Tuesday reported its fourth-quarter profit declined 58 percent while its revenues fell 8 percent. But the company reported its first annual profit since emerging from bankruptcy.