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News and Trends

Rochester Top 100: Owners see happy employees as key at firm

Henrietta-based technology firm Systems Management Planning Inc. has been thriving, with its revenue growing more than 30 percent and its workforce climbing by nearly 20 percent last year. The company was founded in 1997 by the husband and wife team ...

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Eastman associate dean accepts OSU post

The Eastman Community Music School is losing its leader. Howard Potter, longtime associate dean for community and continuing education and director of the school, has accepted a post with the Oklahoma State University School of Visual and Performing Arts. Potter ...

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MVP posts $42.3 million net surplus

After trailing red ink for the previous two years, MVP Health Care finished 2015 with a $42.3 million net surplus on revenues of $2.9 billion, MVP officials said Monday. In 2014, MVP reported a $12.4 million loss, a 9 percent ...

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Ability Partners adds another affiliate

Ability Partners Inc. continues to grow, with the agency taking a new non-profit under an umbrella that already included two human services agencies. Rochester Rehabilitation Center Inc. is becoming an official affiliate of Ability Partners, which serves as a passive ...

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Art center builds on innovative fundraiser

The Rochester Contemporary Art Center Inc. is holding its only fundraiser of the year with artworks submitted by famous artists and local dignitaries. The purchase price for each piece is $20. The goal is to raise money for the non-profit ...

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Beer to drive firm’s Q4 results

Analysts expect double-digit percentage increases in fourth-quarter sales and profit at Constellation Brands Inc. when the wine, beer and spirits company reports its financial results Wednesday. Analysts polled by Thomson Reuters expect Constellation Brands to report earnings per share of ...

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Program to help 1,500 on path to good jobs

Within a few years, close to 1,000 local low-income individuals could be ready to move into high-paying jobs in the health care field, ones that will help pull them out of poverty and fill critical needs in the field. That ...

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$6.3 million project at Mercy completed

The work is complete on a $6.3 million renovation of the performing arts center at Our Lady of Mercy School for Young Women in Brighton. The project included the addition of an art gallery, black box theater and a total ...

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Lawsuit seeks payout: Case targets losses on health insurance co-op

See correction below. Area health insurers, doctors and hospitals left in the lurch when the state ordered Health Republic Insurance of New York Corp. to cease operations could be in line for a federal payout to offset at least some ...

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Rochester Top 100: A talent supplier to the technology sector

The founders of Wellington Steele & Associates Inc. see Rochester as a region brimming with potential to become a hub of technology, and they hope to be a major force behind it. The consulting and staffing firm has carved out ...

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Agness Wine Cellars sees opening for Finger Lakes riesling

There is a new riesling on the market and the Geneva winery that produced it aims to distinguish itself by adopting a practice known by a French counterpart. Agness Wine Cellars plans to release the first riesling in the Finger ...

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Panelists to give overview of photonics’ potential here

With millions of dollars’ worth of projects in the queue and the potential for hundreds of new local jobs, photonics is poised to be king in the Rochester area. Industry experts will talk about the future of photonics at a ...

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Paychex expected to post solid results

Paychex Inc. is on track for growth, as analysts expect higher earnings and revenue in the company’s quarterly earnings results next week. The Penfield-based payroll and human resources services company is scheduled to release results of its fiscal 2016 third ...

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Wealth manager ready to stake his own claim

William Masucci admits that the last 16 years were a lot of fun. Working as a dedicated wealth manager and adviser for one of the wealthiest families in the region, Masucci helped with everything from arranging generational transfers of assets ...

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