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Today’s Top Stories

Moscom sees sales, income dive

Always a bridesmaid, Moscom Corp. swooned with a second-quarter loss of $651,000, or 10 cents a share, and a 23 percent dive in sales. The Pittsford firm posted its results after the market closed today. Moscom sales were $3.3 million ...

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Moscom sees sales, income dive

Always a bridesmaid, Moscom Corp. swooned with a second-quarter loss of $651,000, or 10 cents a share, and a 23 percent dive in sales. The Pittsford firm posted its results after the market closed today. Moscom sales were $3.3 million ...

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PTI tops earnings estimates

Performance Technologies Inc. charged through its second quarter as a public company, outperforming Street estimates with a stunning 76 percent hike in profits. The manufacturer today posted net income of $910,000, or 18 cents a share, compared with $517,000, or ...

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NATO propels LaserMax profits

A sizable order from NATO helped shoot LaserMax Inc.’s second-quarter profits and sales to record heights, the company announced today. LaserMax earned $200,000 on sales of $1.5 million during the quarter. A year ago, the privately held firm posted a ...

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Fishgold drops claim
against estranged wife

Rochester produce dealer Louis Fishgold has abandoned an attempt to hang his defunct firm’s financial woes on his estranged wife. Louis Fishgold Inc., which ceased operations last year, is the target of a federal civil action in which creditors seek ...

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Five area firms get state grants

Five companies in the Finger Lakes region have received $177,500 in state grants during the past six months, Gov. George Pataki’s office announced today. The grants, part of the state’s Industrial Effectiveness Program, were awarded to two Monroe County companies.

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JCPenney to buy Fay’s Inc.

J.C. Penney Co. Inc. and Fay’s Inc. today announced the signing of a definitive agreement for JCPenney to acquire Fay’s, a leading drug store chain in the Northeast with nearly two dozen locations in the Rochester area. Under the terms ...

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The Loop

Would you like some Chardonnay with your crow? The Loop was amused by this personals ad that ran in the Democrat & Chronicle last month: “My daughter, Lisa Barbato, knows more about movies than I, Bob Barbato.” Barbato, who runs ...

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The Loop

Would you like some Chardonnay with your crow? The Loop was amused by this personals ad that ran in the Democrat & Chronicle last month: “My daughter, Lisa Barbato, knows more about movies than I, Bob Barbato.” Barbato, who runs ...

Read More »

Local stations’ owner plans
move into radio’s top ranks

American Radio Systems and EZ Communications today announced a merger agreement that would create one of the top five radio broadcasting companies in the country. ARS also is in the process of buying the Lincoln Group L.P., a move that ...

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British conglomerate might divest interest in Rank Xerox

Xerox Corp. still is interested in buying the 20 percent stake the Rank Organisation PLC holds in Rank Xerox Ltd., Xerox’s European subsidiary–providing Rank wants to sell, a Xerox spokesman said today. London-based Rank, an entertainment conglomerate, is scheduled Thursday ...

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MCC earns national recognition Community College Week says Monroe Community College ranks ninth in the nation among two-year colleges in the number of associate degrees conferred. Seven of the eight colleges ahead of MCC on the list have larger enrollments. ...

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Monroe Title profits in quarter

Monroe Title Insurance Corp. today reported second-quarter and first-half earnings, bouncing back from posting red ink for the comparable periods in 1995. Headquartered in Rochester, Monroe Title is a full-service title insurance and abstract company with 17 offices scattered in ...

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Firm seeks workers’ comp tie-in

State Workers’ Compensation Board chairman Robert Snashell plans to be in Rochester Friday to meet with the head of a local safety equipment firm. Dean Ashton, president of Ashton Safety Inc., said Snashell’s visit could lead to the state offering ...

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Web Sights

How much should you try to save on a computer? Do banks give sound financial advice? Should you buy a service contract? These questions and more are answered in Fearless Factoids, daily tips sent out by Stephen Wershing, a Fairport ...

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