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Rochester’s Top 50

TOP 50 PUBLIC CO. EMPLOYMENT TRENDS RANKED BY NET CHANGE IN NUMBER OF LOCAL EMPLOYEES, 1996 TO 1997 Number of Local Full-Time Employees(1) Net Change % Change Rank Company From 1996 From 1996 1997 1996 1. Eastman Kodak Co. 400 ...

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Rochester’s Top 50

Call it a decent year for Rochester’s Top 50. Not a great year. After seeing astronomical earnings increases in 1995, Eastman Kodak Co.’s profits dropped 19.2 percent and Bausch & Lomb Inc.’s fell 25.8 percent. Fifteen of the Top 25 ...

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Rochester’s Top 50

TOP 50 PRIVATE CO. EMPLOYMENT TRENDS RANKED BY NET CHANGE IN NUMBER OF LOCAL EMPLOYEES, 1996 TO 1997 Number of Local Full-Time Employees(1) Net Change % Change Rank Company From 1996 From 1996 1997 1996 1. The Sutherland Group Ltd. ...

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Rochester’s Top 50

“Michael Jordan and George Fisher are talented, specialized people,” says James Brickley, professor of economics and management at the University of Rochester’s William E. Simon Graduate School of Business Administration. “Talented people command large sums of money.” How large, at ...

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Rochester’s Top 50

ANNUALIZED RETURN–Total return, compounded monthly with dividends reinvested, stated on an annual basis. MARKET VALUE–Share price on March 31, 1997, multiplied by the common shares outstanding from the company’s fiscal 1996 proxy statement or annual report. NA–Not available. NM–Not meaningful. ...

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Rochester’s Top 50

When a single analyst wrote a negative report this spring on ACC Corp., the stock dropped like an anchor. As a mid-cap stock with some $300 million in annual revenues, ACC lacked a broad base of analyst coverage and was ...

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Rochester’s Top 50

As digitization and globalization transform the nature of business, companies hoping to thrive in the future must do more than simply pad the bottom line, wrote Gary Hamel in a recent Fortune magazine cover story. “Unless today’s established corporations learn ...

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Rochester’s Top 50

In the late 1980s, Gleason Corp. appeared to be on the ropes, as poor results put the company under enormous pressure from some key shareholders. But Chairman, President and CEO James Gleason crafted a turnaround strategy for the venerable Rochester ...

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Rochester’s Top 50

“They’d just like a few encouraging words from management,” the president of Local 1170 of the Communications Workers of America adds. If and how often management delivers that message–along with opportunity for advancement, stock options and a good benefits package–can ...

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Rochester’s Top 50

Gunther Buerman Managing Partner Harris, Beach & Wilcox LLP Buerman, 53, joined Harris, Beach as an associate in 1969. He became a partner in 1976, and was elected managing partner in 1984. He is a member of the Greater Rochester ...

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Rochester’s Top 50

Paul Allaire Chairman and CEO Xerox Corp. Allaire, 59, joined Xerox in 1966 as a financial analyst in Rochester. Later, he spent 11 years with Rank Xerox Ltd. in London, three of those as managing director. He became CEO of ...

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Rochester’s Top 50

Kraig Kayser President and CEO Seneca Foods Corp. Kayser, 36, previously was vice president and secretary at Seneca Foods. Formerly, he was vice president at J.P. Morgan Investment Management in New York City. He is treasurer of the Harley School. ...

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How smart firms use
competitive intelligence

You can pore over scores of documents, Web-surf until your fingers are numb, even comb a competitor’s trash for clues to its operations. But unless you know how to analyze what you dig up, you may as well have left ...

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Rochester’s Top 50

1. Xerox Corp.(2) 100 S. Clinton Ave. Rochester, N.Y. 14644 423-5090 Net Income (loss) in Millions(1): 1996: $1,206.0 1995: $1,174.0 % Change From 1995: 2.7 Earnings (loss) per Share: 1996: 3.49 1995: 3.40 Exchange/Ticker Symbol: NYSE/XRX Sales (in millions): 1996: ...

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As headquarters leave,
key question remains

The exodus of Rochester corporate headquarters continues. Within a two-month period this spring, two companies among Rochester’s Top 50–Goulds Pumps Inc. and Rochester Community Savings Bank parent RCSB Financial Inc.–announced deals to be acquired by out-of-town firms in friendly takeovers. ...

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