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Today’s Top Stories

RG&E earnings drop following Ginna outage Expenses associated with the 70-day outage of Rochester Gas and Electric Corp.’s Ginna Nuclear Power Plant drove the Rochester utility’s second-quarter earnings down nine cents a share. The plant was shut down for a ...

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Goulds posts record earnings

Goulds Pumps Inc. today announced all-time-high second-quarter and first-half earnings. Net earnings for the company were up 18.4 percent at $9.8 million on sales of $197.6 million for the three months ended June 30. Earnings of $17 million for the ...

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Xerox stock jumps on news
of second-quarter earnings

Xerox Corp. stock was pumped up in heavy trading today, as news of the firm’s double-digit earnings gain hit Wall Street. Sales for the document-processing segment marked a modest 4 percent upswing for the second quarter ended June 30.

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Kodak to make single-use cameras in Mexico

Eastman Kodak Co. will send some of its single-use camera manufacturing to Mexico. The company announced today that it plans to start making the recyclable cameras at a plant in Guadalajara. Kodak started manufacturing at the Guadalajara facility 25 years ...

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B&L, Porsche Design ink deal

Bausch & Lomb Inc. has signed an exclusive licensing agreement to develop a brand of Porsche Design sunglasses, the company announced today. Terms of the deal were not disclosed. Porsche Design Management GmBH and Co.

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Goulds posts record earnings

Goulds Pumps Inc. today announced all-time-high second-quarter and first-half earnings. Net earnings for the company were up 18.4 percent at $9.8 million on sales of $197.6 million for the three months ended June 30.

Read More »

B&L, Porsche Design ink deal

Bausch & Lomb Inc. has signed an exclusive licensing agreement to develop a brand of Porsche Design sunglasses, the company announced today. Terms of the deal were not disclosed. Porsche Design Management GmBH and Co. KG, founded in 1973, is ...

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Kodak to make single-use cameras in Mexico

Eastman Kodak Co. will send some of its single-use camera manufacturing to Mexico. The company announced today that it plans to start making the recyclable cameras at a plant in Guadalajara. Kodak started manufacturing at the Guadalajara facility 25 years ...

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County to privatize golf courses Monroe County has chosen Jack Tindale, the pro at Genesee Valley Golf Course, to take over operations of the county’s three public courses. “This is a classic case where government needs to get out and ...

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Flynn loses Dick’s account

Publicus/Bloom has beat out the Flynn Agency of Rochester to handle the Dick’s Clothing and Sporting Goods account. Flynn had held the account for five years, and was in the running until the end of the three-month review this year, ...

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Telesca dismisses Xerox suit

An age- and gender-discrimination suit filed in federal court here by 17 former Xerox Corp. employees was dismissed this week. The plaintiffs failed to prove that Xerox’s redeployment and reduction-in-force policies were biased on the basis of age or gender, ...

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Former SRS CFO pleads
guilty to embezzlement

Former Scientific Radio Systems Inc. chief financial officer Thomas Herstine has pleaded guilty to embezzling more than $40,000 from the financially troubled Rochester company. He is scheduled for sentencing Oct. 10. Herstine did not personally pocket the funds–taken from employees’ ...

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Former SRS CFO pleads
guilty to embezzlement

Former Scientific Radio Systems Inc. chief financial officer Thomas Herstine has pleaded guilty to embezzling more than $40,000 from the financially troubled Rochester company. He is scheduled for sentencing Oct. 10.

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Telesca dismisses Xerox suit

An age- and gender-discrimination suit filed in federal court here by 17 former Xerox Corp. employees was dismissed this week. The plaintiffs failed to prove that Xerox’s redeployment and reduction-in-force policies were biased on the basis of age or gender, ...

Read More »

Flynn loses Dick’s account

Publicus/Bloom has beat out the Flynn Agency of Rochester to handle the Dick’s Clothing and Sporting Goods account. Flynn had held the account for five years, and was in the running until the end of the three-month review this year, ...

Read More »