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Today’s Top Stories

Negative Forbes article
blasted by Frontier

Forbes magazine wants to take back kudos it heaped on Frontier Corp. CEO Ronald Bittner last year, but Frontier is pushing for a full retraction of a scathing follow-up the business publication did this week on the positive 1996 piece ...

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B&L to
cut jobs

Bausch & Lomb Inc. today said it is cutting its Rochester work force by nearly one-third as part of a $150 million restructuring plan. President and CEO William Carpenter said local employment will drop by 900–from 3,100 to 2,200–with 475 ...

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Moscom share rally sputters

Moscom share rally sputters Shares of Moscom Corp. gave back some of the ground they gained Thursday on news that Albert Montevecchio had resigned as chairman and CEO of the troubled Pittsford company. Moscom shares, which traded as high as ...

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ACC surges

While other telecommunications companies struggle to meet earnings expectations, ACC Corp. again posted a stunning increase in income–up 373 percent over last year. “It is tremendous,” said analyst Theodore Levy, director of research and senior vice president at Essex Capital ...

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Filmmaker Burns coming here

Filmmaker Ken Burns and his co-producer, Paul Barnes, will be in town next week to begin filming their biography of Elizabeth Cady Stanton and Susan B. Anthony. Burns is famous for his film documentary series on the Civil War, baseball ...

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Kodak’s Fisher exercises options Eastman Kodak Co. chairman and CEO George Fisher has exercised options to sell 300,000 common shares of the company. Gross proceeds of the sale were $9.0 million; the after-tax proceeds reportedly totaled $4.0 million. Goulds shares ...

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Filmmaker Burns coming here

Filmmaker Ken Burns and his co-producer, Paul Barnes, will be in town next week to begin filming their biography of Elizabeth Cady Stanton and Susan B. Anthony. Burns is famous for his film documentary series on the Civil War, baseball ...

Read More »

Moscom share rally sputters

Moscom share rally sputters Shares of Moscom Corp. gave back some of the ground they gained Thursday on news that Albert Montevecchio had resigned as chairman and CEO of the troubled Pittsford company. Moscom shares, which traded as high as ...

Read More »

Negative Forbes article
blasted by Frontier

Forbes magazine wants to take back kudos it heaped on Frontier Corp. CEO Ronald Bittner last year, but Frontier is pushing for a full retraction of a scathing follow-up the business publication did this week on the positive 1996 piece ...

Read More »

IEC reports a strong second quarter IEC Electronics Corp. today reported that earnings for the second quarter ended March 28 rose to 25 cents a share, up from 6 cents a share a year earlier. Net income increased by more ...

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ACC surges

While other telecommunications companies struggle to meet earnings expectations, ACC Corp. again posted a stunning increase in income–up 373 percent over last year. “It is tremendous,” said analyst Theodore Levy, director of research and senior vice president at Essex Capital ...

Read More »

Xerox beats
estimates

Following major digital-product announcements last week, Xerox Corp. today reported first-quarter earnings and revenues that beat analysts’ estimates, with digital products accounting for a higher percentage of revenues. Wall Street reaction was generally positive.

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Curtice buys
Seneca brands

Curtice Burns Foods Inc. is acquiring some of Seneca Foods Corp.’s glass-fruit business, which includes a Cincinnati-area production plant and a receiving station in Buckley, Mich. Curtice Burns will acquire all the brand names, including the “Liberty” trademark.

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Kodak moves
Kohrt

Carl Kohrt, Eastman Kodak Co.’s executive vice president and assistant chief operating officer, moves to Hong Kong on May 1. Kodak today said it plans to open an office of the COO there. Company officials described the move as part ...

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Kodak moves
Kohrt

Carl Kohrt, Eastman Kodak Co.’s executive vice president and assistant chief operating officer, moves to Hong Kong on May 1. Kodak today said it plans to open an office of the COO there. Company officials described the move as part ...

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