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Today’s Top Stories

ONBANCorp sues
activist investor

ONBANCorp Inc. is suing activist shareholder Seymour Holtzman. Bank directors Friday released a statement outlining a suit filed in U.S. District Court in Syracuse that charges Holtzman with violating federal proxy rules by allegedly disseminating to the public materially false ...

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Web Sights

Life insurance professionals, including the Rochester Life Underwriters, have joined forces in an effort to educate the public about the topic. The Life and Health Insurance Foundation for Education (or LIFE) has launched a Web site at http://www.LIFE-line.org.

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Microlytics discloses
lawsuit, loan debt

The first official news in months spilled from Microlytics Inc.–and it was glum. The Pittsford-based company late Friday announced it filed with the Securities and Exchange Commission to terminate its registration. Microlytics also revealed it is $3.2 million in default ...

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Web Sights

Life insurance professionals, including the Rochester Life Underwriters, have joined forces in an effort to educate the public about the topic. The Life and Health Insurance Foundation for Education (or LIFE) has launched a Web site at http://www.LIFE-line.org. It offers ...

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Nader slated for UR speech Ralph Nader is scheduled to speak tonight at the University of Rochester. The consumer advocate and Green Party presidential nominee plans to speak on the influence of corporations in the administration of American universities. The ...

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Delphi workers
wait on talks

Delphi Automotive Systems workers in Rochester await the outcome of talks today between General Motors Corp. and United Auto Workers negotiators. The UAW canceled its contract with GM last night at 11:59 p.m., one minute before the pact’s midnight expiration. ...

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Delphi workers
wait on talks

Delphi Automotive Systems workers in Rochester await the outcome of talks today between General Motors Corp. and United Auto Workers negotiators. The UAW canceled its contract with GM last night at 11:59 p.m., one minute before the pact’s midnight expiration. ...

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Transformer flaw shuts down Ginna The Ginna nuclear power plant will be out of service for the next month or so as workers replace its transformer, Rochester Gas and Electric Corp. said today. The plant’s transformer has been in service ...

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State sets hearing
on Preferred Care request

Preferred Care is asking the state to allow an average 43.7 percent rate increase on the insurer’s standard HMO and point-of-service contracts for people seeking insurance independent of their employers. The insurer also wants an average 39.6 percent hike for ...

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Willow Specialties
buys Batavia facility

A Rochester import firm has purchased the former O&K Trojan facility in Batavia. Willow Specialties, a distributor of baskets and packaging supplies with operations in Rochester, Michigan and China, plans to relocate its headquarters and primary warehouse and distribution operations ...

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Frontier signs deal
with telecom distributor

A five-year deal with a Massachusetts-based telecommunications company could bring in more than $25 million for Frontier Corp. The agreement calls for Frontier to provide 1-plus domestic and international long distance, along with other services, for CTC Communications Corp. CTC ...

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Frontier signs deal
with telecom distributor

A five-year deal with a Massachusetts-based telecommunications company could bring in more than $25 million for Frontier Corp. The agreement calls for Frontier to provide 1-plus domestic and international long distance, along with other services, for CTC Communications Corp. CTC ...

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Willow Specialties
buys Batavia facility

A Rochester import firm has purchased the former O&K Trojan facility in Batavia. Willow Specialties, a distributor of baskets and packaging supplies with operations in Rochester, Michigan and China, plans to relocate its headquarters and primary warehouse and distribution operations ...

Read More »

State sets hearing
on Preferred Care request

Preferred Care is asking the state to allow an average 43.7 percent rate increase on the insurer’s standard HMO and point-of-service contracts for people seeking insurance independent of their employers. The insurer also wants an average 39.6 percent hike for ...

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Onetime charges cut ONBANCorp earnings ONBANCorp Inc.’s third-quarter earnings fell to $7.3 million, or 49 cents a share, compared with $12.7 million, or 82 cents a share, in the same period a year ago. Reported earnings were significantly reduced by ...

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