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Today’s Top Stories

Xerox to buy out shares
in Rank Xerox

Xerox Corp. and Rank PLC have signed a memorandum of understanding for Xerox to acquire Rank’s remaining 20 percent stake in Rank Xerox. In February 1995, Xerox upped its ownership of Rank Xerox from 67 percent to 80 percent. Headquartered ...

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Xerox to buy out shares
in Rank Xerox

Xerox Corp. and Rank PLC have signed a memorandum of understanding for Xerox to acquire Rank’s remaining 20 percent stake in Rank Xerox. In February 1995, Xerox upped its ownership of Rank Xerox from 67 percent to 80 percent. Headquartered ...

Read More »

Geneva, Penn Yan hospitals
merging

Geneva Regional Health System Inc. in Geneva and Soldiers & Sailors Memorial Hospital in Penn Yan are merging. Both hospitals’ boards have endorsed forming a parent company for the organizations. A steering committee will produce a consolidation plan by Oct. ...

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CPAC earnings jump
38 percent to record

Profits at CPAC Inc. increased 38 percent to a new record in fiscal year 1997. The company earned $1.02 a share on sales of $93 million, compared with earnings of 85 cents a share and $89 million in sales a ...

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CPAC earnings jump
38 percent to record

Profits at CPAC Inc. increased 38 percent to a new record in fiscal year 1997. The company earned $1.02 a share on sales of $93 million, compared with earnings of 85 cents a share and $89 million in sales a ...

Read More »

Geneva, Penn Yan hospitals
merging

Geneva Regional Health System Inc. in Geneva and Soldiers & Sailors Memorial Hospital in Penn Yan are merging. Both hospitals’ boards have endorsed forming a parent company for the organizations. A steering committee will produce a consolidation plan by Oct.

Read More »

B&L rating
upgraded

Goldman Sachs & Co. of New York City has upgraded Bausch & Lomb Inc. to a “market outperformer” from a “market performer.” Analysts, including Goldman Sachs’ Lawrence Keusch, were generally pleased with a progress report Tuesday from company officials, including ...

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Kodak buys
archive firm

An Eastman Kodak Co. subsidiary has acquired the world’s largest provider of archival stock photos and footage. The Image Bank today acquired Archive Holdings Inc., which operates Archive Films/Archive Photos. The deal adds some 20 million historical stills and 14,000 ...

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Kodak buys
archive firm

An Eastman Kodak Co. subsidiary has acquired the world’s largest provider of archival stock photos and footage. The Image Bank today acquired Archive Holdings Inc., which operates Archive Films/Archive Photos. The deal adds some 20 million historical stills and 14,000 ...

Read More »

B&L rating
upgraded

Goldman Sachs & Co. of New York City has upgraded Bausch & Lomb Inc. to a “market outperformer” from a “market performer.” Analysts, including Goldman Sachs’ Lawrence Keusch, were generally pleased with a progress report Tuesday from company officials, including ...

Read More »

Kodak inks alliance
with printing-press leader

Eastman Kodak Co.’s digital-printing line received a boost today with the formation of an alliance with the world leader in printing presses. The Kodak Professional division and Germany-based Heidelberger Druckmaschinen AG plan to jointly develop and market new integrated digital ...

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B&L adding 200
Optics Center jobs

Bausch & Lomb Inc. is adding some 200 jobs at its Optics Center in Rochester. The positions, as well as an additional 500 jobs in the Scotland Award PLC subsidiary announced Monday, are in the disposable contact-lens business. Employees in ...

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ITEC Expo opens in
Rochester

More than 5,000 people are expected at the two-day Information Technology Exposition & Conference. The first-time Rochester ITEC event opened at 10 a.m. today and will continue through 5 p.m. Wednesday. It features more than 100 exhibitors and dozens of ...

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ITEC Expo opens in
Rochester

More than 5,000 people are expected at the two-day Information Technology Exposition & Conference. The first-time Rochester ITEC event opened at 10 a.m. today and will continue through 5 p.m. Wednesday. It features more than 100 exhibitors and dozens of ...

Read More »

B&L adding 200
Optics Center jobs

Bausch & Lomb Inc. is adding some 200 jobs at its Optics Center in Rochester. The positions, as well as an additional 500 jobs in the Scotland Award PLC subsidiary announced Monday, are in the disposable contact-lens business. Employees in ...

Read More »