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Today’s Top Stories

Microlytics woes prompt layoffs

Layoffs at Microlytics Inc. last week have cut staff to slightly more than a dozen workers, as the software developer continues to struggle months after the resignation of its top executive. Reductions came primarily in marketing and support staff, a ...

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Paychex posts record profit

Paychex Inc.’s earnings rose 34 percent for the fiscal year ended May 31, the company reported today. Net income reached a record $52.3 million, or 77 cents a share, up from $39 million, or 58 cents a share, the year ...

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The Loop

Maybe it was an out-of-body visit Hillary Rodham Clinton isn’t the only one channeling these days–the national news media is taking its own trip to the land of imaginary events. Last week, the New York Times reported–erroneously, it turns out–that ...

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The Loop

Maybe it was an out-of-body visit Hillary Rodham Clinton isn’t the only one channeling these days–the national news media is taking its own trip to the land of imaginary events. Last week, the New York Times reported–erroneously, it turns out–that ...

Read More »

Paychex posts record profit

Paychex Inc.’s earnings rose 34 percent for the fiscal year ended May 31, the company reported today. Net income reached a record $52.3 million, or 77 cents a share, up from $39 million, or 58 cents a share, the year ...

Read More »

Microlytics woes prompt layoffs

Layoffs at Microlytics Inc. last week have cut staff to slightly more than a dozen workers, as the software developer continues to struggle months after the resignation of its top executive. Reductions came primarily in marketing and support staff, a ...

Read More »

B&L restructures;
18 posts cut here

As part of its ongoing restructuring efforts, Bausch & Lomb Inc. plans to eliminate 18 positions in its Rochester-based Thin Film Technology Division, six of whom are taking voluntary separations. The remaining 12 are to be laid off effective July ...

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Kodak makes BW’s Global 100 Eastman Kodak Co. is the only hometown company to make this year’s Business Week Global 100 list, which ranks public companies worldwide by market value. It claimed the 81st spot, up from 87th a year ...

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CPAC moves into digital imaging

Marking its first venture into digital imaging, CPAC Inc. today revealed it has signed a deal with the medical imaging firm Voxel. CPAC will provide specialized chemicals for Voxel’s new holographic-imaging system, the company said. Voxel’s system combines digital technology ...

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Web Sights

Lovers of late-night infomercial aficionado L. Ron Hubbard can find information about him, his philosophy and his college, the Hubbard College of Administration, on the World Wide Web. The “Frequently Asked Questions” section offers some suggestions on management, communication and ...

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OTC stocks lead
way in 2nd quarter

The bull continued to hold off the bear in local stock action during the second quarter. On the whole, Rochester’s smaller fry did better than their larger counterparts. As a group, Rochester’s AMEX and NYSE firms gained 2 percent over ...

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Moscom readies spinoff
of Votan subsidiary

Moscom Corp. is spinning off its Votan Corp. subsidiary, which on Friday filed for an initial public offering with the Securities and Exchange Commission, the company announced today. Moscom has postponed the firm’s semi-annual 2-cents-a-share cash dividend until Votan’s IPO ...

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Moscom readies spinoff
of Votan subsidiary

Moscom Corp. is spinning off its Votan Corp. subsidiary, which on Friday filed for an initial public offering with the Securities and Exchange Commission, the company announced today. Moscom has postponed the firm’s semi-annual 2-cents-a-share cash dividend until Votan’s IPO ...

Read More »

OTC stocks lead
way in 2nd quarter

The bull continued to hold off the bear in local stock action during the second quarter. On the whole, Rochester’s smaller fry did better than their larger counterparts. As a group, Rochester’s AMEX and NYSE firms gained 2 percent over ...

Read More »

CPAC moves into digital imaging

Marking its first venture into digital imaging, CPAC Inc. today revealed it has signed a deal with the medical imaging firm Voxel. CPAC will provide specialized chemicals for Voxel’s new holographic-imaging system, the company said. Voxel’s system combines digital technology ...

Read More »