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Today’s Top Stories

Hightower taps Garlock to produce national radio show

Christopher Garlock, Rochester Labor Council coordinator, has been tapped as an on-air personality and producer for Jim Hightower’s soon-to-air nationally broadcast radio show. Hightower, a former Texas commissioner of agriculture, has long won national attention as a razor-witted, anti-establishment gadfly. ...

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Veterans benefit from ad sales

Honor & Glory, a bimonthly newspaper aimed at veterans and their families, will donate part of its advertising revenue to veterans’ organizations. Michael Russo has been publisher of Honor & Glory for a little over a year. He took over ...

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Xerox unit signs licensing deal

Citadel Computer Systems Inc. has signed a licensing agreement with XSoft, a Xerox Corp. New Enterprise Company, to use XSoft’s newly developed document-summarization technology. The technology–created at Xerox research facilities in Palo Alto, Calif., and Grenoble, France–automatically highlights and extracts ...

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Holotek hiring technical staffers

Holotek Ltd. is in the hiring mode, thanks to working capital thrown its way by the firm’s new parent company. Acquired last month by ECRM Inc., the Rochester manufacturer is looking for electrical and mechanical engineers, mechanical designers and optical ...

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Holotek hiring technical staffers

Holotek Ltd. is in the hiring mode, thanks to working capital thrown its way by the firm’s new parent company. Acquired last month by ECRM Inc., the Rochester manufacturer is looking for electrical and mechanical engineers, mechanical designers and optical ...

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ACC distributes stock split ACC Corp. today distributed a three-for-two stock split of its Class A common stock to shareholders of record as of July 3. ACC has seen record earnings and revenues in recent quarters. Operating cash flow for ...

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Xerox unit signs licensing deal

Citadel Computer Systems Inc. has signed a licensing agreement with XSoft, a Xerox Corp. New Enterprise Company, to use XSoft’s newly developed document-summarization technology. The technology–created at Xerox research facilities in Palo Alto, Calif., and Grenoble, France–automatically highlights and extracts ...

Read More »

Veterans benefit from ad sales

Honor & Glory, a bimonthly newspaper aimed at veterans and their families, will donate part of its advertising revenue to veterans’ organizations. Michael Russo has been publisher of Honor & Glory for a little over a year.

Read More »

Rank moves to shed interest in Rank Xerox

The Rank Organisation PLC today announced a restructuring that moves it closer to shucking its remaining stake in Rank Xerox Ltd., Xerox Corp.’s European subsidiary. Xerox has an ongoing interest in acquiring Rank’s 20 percent share of Rank Xerox, spokesman ...

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Kodak agrees to purchase majority stake in Fox Photo

Eastman Kodak Co. today announced it has struck a deal to acquire a 51 percent stake in CPI Corp.’s Fox Photo Inc. subsidiary. Through its CPI Photo Finish and Fox Photo divisions, the St, Louis, Mo.-based CPI is one of ...

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Kodak agrees to purchase majority stake in Fox Photo

Eastman Kodak Co. today announced it has struck a deal to acquire a 51 percent stake in CPI Corp.’s Fox Photo Inc. subsidiary. Through its CPI Photo Finish and Fox Photo divisions, the St, Louis, Mo.-based CPI is one of ...

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Rank moves to shed interest in Rank Xerox

The Rank Organisation PLC today announced a restructuring that moves it closer to shucking its remaining stake in Rank Xerox Ltd., Xerox Corp.’s European subsidiary. Xerox has an ongoing interest in acquiring Rank’s 20 percent share of Rank Xerox, spokesman ...

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Kodak to refurbish plant in Australia Eastman Kodak Co. plans to spend $58.3 million to upgrade its photographic paper plant in Melbourne, Australia. Increased production at the plant to support Asia-Pacific region sales is expected to begin next month. Kodak ...

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Performance Telecom gets funds

Two venture capital firms have pumped up Performance Telecom Corp. with a $4 million equity investment, the Rochester company announced today. Battery Ventures III of Boston and Bessemer Venture Partners IV–with offices in Wellesley Hills, Mass., Menlo Park, Calif., and ...

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Home Properties in talks
on private placement

Home Properties of New York Inc. says it is in negotiations with a major institutional investor regarding a $35 million private-placement offering. The news comes with an announcement today from the company of a second-quarter boost in funds from operations.

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