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Today’s Top Stories

Analyst predicts Kodak gain

Eastman Kodak Co. earnings will top last year’s second quarter by 9 cents a share, an Wall Street analyst predicts. However, trading in Kodak shares today suggests many investors do not share his optimism. The company is scheduled to release ...

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Analyst predicts Kodak gain

Eastman Kodak Co. earnings will top last year’s second quarter by 9 cents a share, an Wall Street analyst predicts. However, trading in Kodak shares today suggests many investors do not share his optimism. The company is scheduled to release ...

Read More »

ACC stock soars to new high

A well-received dog-and-pony show for institutional investors last week drove ACC Corp. stock to record highs, despite the market’s general drubbing. ACC shares closed Friday at $51.63, rocketing past a Monday close of $46 and leaving its year-end close of ...

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Hospitals, insurers get extension

New York hospitals and insurers will not have to enact quickly negotiated temporary contracts setting rates. As part of the state budget passed over the weekend, New York’s rate-setting system–originally set to expire July 1–now will sunset on Jan.

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Web Sights

Are you looking for another job but not sure exactly what that job should be? MRINet is a site to help you to start sorting it out. Not surprisingly, the site is the work of an employment firm. Therefore, there ...

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Graham Corp. back in black

Graham Corp. chairman and CEO Frederic Berkeley says he expects the firm’s fortunes to keep rising after showing black ink in a second-quarter upturn. The company posted a profit as well for the half-year ended June 30. “Bookings continue at ...

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Canandaigua Wine
sees earnings slide

Although net sales rose 24.1 percent, Canandaigua Wine Co. Inc.’s earnings declined in the first quarter. The company today said that net income was $8.5 million, or 43 cents a share, for the quarter ended May 31, compared with $10.6 ...

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Fuji logo draws flak The U.S. Olympic Committee has asked Fuji Photo Film Co. Ltd. to hide its logo during the upcoming Olympic Games on billboard ads featuring decathlete Dan O’Brien. The Wall Street Journal reported today that international Olympic ...

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Canandaigua Wine
sees earnings slide

Although net sales rose 24.1 percent, Canandaigua Wine Co. Inc.’s earnings declined in the first quarter. The company today said that net income was $8.5 million, or 43 cents a share, for the quarter ended May 31, compared with $10.6 ...

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Graham Corp. back in black

Graham Corp. chairman and CEO Frederic Berkeley says he expects the firm’s fortunes to keep rising after showing black ink in a second-quarter upturn. The company posted a profit as well for the half-year ended June 30. “Bookings continue at ...

Read More »

Reborn Sayett Group
gets new financing

The transformation of the former Sayett Group Inc. continues. The company this week received formal approval from NASDAQ to change its stock listing to Spatialight Inc., trading under the symbol SLHT. The company, which moved its headquarters from Rochester to ...

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Reborn Sayett Group
gets new financing

The transformation of the former Sayett Group Inc. continues. The company this week received formal approval from NASDAQ to change its stock listing to Spatialight Inc., trading under the symbol SLHT. The company, which moved its headquarters from Rochester to ...

Read More »

Expansion paves way for more CVC growth

CVC Products Inc. has completed expansion of its Lee Road plant and opened a new lab at its California research center. CVC, a manufacturer of equipment used to make semiconductors, is on track to hit revenues in the $50 million ...

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B&L makes management changes Bausch & Lomb Inc. today announced several management changes that the company said were designed to strengthen its strategic focus on its core businesses. Jeff Pontius, currently corporate vice president and president-Eyewear, has been named vice ...

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Tex-port buys Learning Technology Group

Tex-port Inc., a computer reseller and consulting firm, has purchased the Learning Technology Group for an undisclosed amount. LTG sells and services computers for the education market. The two firms will continue to operate as separate companies, said Philip Ferranti, ...

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