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Today’s Top Stories

Transmation
boosts earnings

Transmation Inc.’s earnings rocketed 67 percent to record levels in the company’s second quarter ended Sept. 30. The manufacturer today reported net income of $315,800, or 11 cents a share, up from $188,600, or 7 cents a share. President Robert ...

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Genesee files second
Honey Brown suit

Genesee Brewing Co. has a message for any company trying to profit from the success of its JW Dundee’s Honey Brown Lager brand: Don’t. The Rochester company filed a lawsuit in U.S. District Court earlier this week against Keystone Brewers ...

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Frontier reports
record results

Three days after revealing plans to spend $500 million to build a national fiber optic network, Frontier Corp. announced record third-quarter profits to help pay for the investment. The company’s net income rose 29 percent, to $73.8 million, compared with ...

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RCSB board OKs stock repurchase The RCSB Financial Inc. board has authorized the repurchase of 1.5 million shares of its outstanding common stock in the open market, depending on pricing and market conditions. The holding company for Rochester Community Savings ...

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Frontier reports
record results

Three days after revealing plans to spend $500 million to build a national fiber optic network, Frontier Corp. announced record third-quarter profits to help pay for the investment. The company’s net income rose 29 percent, to $73.8 million, compared with ...

Read More »

Genesee files second
Honey Brown suit

Genesee Brewing Co. has a message for any company trying to profit from the success of its JW Dundee’s Honey Brown Lager brand: Don’t. The Rochester company filed a lawsuit in U.S. District Court earlier this week against Keystone Brewers ...

Read More »

Transmation
boosts earnings

Transmation Inc.’s earnings rocketed 67 percent to record levels in the company’s second quarter ended Sept. 30. The manufacturer today reported net income of $315,800, or 11 cents a share, up from $188,600, or 7 cents a share.

Read More »

Cool chills profit
for Rochester Gas

Rochester Gas and Electric Corp.’s third-quarter revenues of $234.8 million fell $3.3 million below sales for the comparable quarter last year. Net income of $21 million for the three months ended Sept. 30 showed a $5.9 million decrease. The utility ...

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Deal grows Frontier’s
operator-services segment

Callers in New York City, Chicago, Los Angeles and other cities soon will get directory assistance from the same operators that handle Rochester dialers. Frontier Corp. was awarded a $1 million contract to provide operator services for WinStar Communications, a ...

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The Loop

The news from Gov. George Pataki’s office in Albany yesterday was that he had signed into law “a significant new weapon in New York State’s arsenal of child support enforcement tools by enlisting the state Department of Tax and Finance ...

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CT Financial discloses sale proceeds CT Financial Services of Toronto today said the proceeds of its agreement to sell First Federal Savings and Loan Association of Rochester to Marine Midland Bank will total approximately $937 million. CT Financial’s pretax gain ...

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The Loop

The news from Gov. George Pataki’s office in Albany yesterday was that he had signed into law “a significant new weapon in New York State’s arsenal of child support enforcement tools by enlisting the state Department of Tax and Finance ...

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Jobless rate steady

The Rochester-area jobless rates held steady in September as total non-farm employment rose 1.1 percent to 529,200. Manufacturing employment slipped to 127,500 from 128,300. The metro unemployment rate was 3.8 percent. In Monroe County the rate was flat at 3.7 ...

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Deal grows Frontier’s
operator-services segment

Callers in New York City, Chicago, Los Angeles and other cities soon will get directory assistance from the same operators that handle Rochester dialers. Frontier Corp. was awarded a $1 million contract to provide operator services for WinStar Communications, a ...

Read More »

Goulds Pumps registers
record-setting pace

Goulds Pumps Inc. today posted record third-quarter and nine-month sales and earnings. For the quarter ended Sep. 30, the firm reported sales of $205.5 million, up $14 million over the same period in 1995. Earnings were $10.6 million, compared with ...

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