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Today’s Top Stories

Lending initiatives for small firms set

The New York Business Development Corp.–Business New York has introduced two pilot loan initiatives to stimulate small-business lending across the state. The first program makes a total of $2.5 million available to companies located in economic-development zones.

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Lending initiatives for small firms set

The New York Business Development Corp.–Business New York has introduced two pilot loan initiatives to stimulate small-business lending across the state. The first program makes a total of $2.5 million available to companies located in economic-development zones. The NYBDC/Bank Partnership ...

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Kodak promotes McLaughlin

Eastman Kodak Co. has named Susan McLaughlin vice president and chief operating officer of Kodak Professional. Kodak Professional is the company’s second-largest business, serving professional photography, graphic arts and printing customers. McLaughlin previously worked as vice president, and president and ...

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Personal bankruptcies
increase dramatically

Personal bankruptcy filings in Western New York shot up dramatically over the past 12 months, says Judge Michael Kaplan, chief bankruptcy judge for the Western District. The Western District encompasses the Buffalo and Greater Rochester areas as well as parts ...

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Teach-in scheduled
for labor leaders

Rochester labor leaders will head south to Geneseo tomorrow for a labor teach-in harking back to the consciousness-raising rallies that swept campuses during the Vietnam War era. The event at the SUNY College at Geneseo is timed to follow a ...

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St. Joseph’s Villa
picks up programs

St. Joseph’s Villa of Rochester will assume operation of the adolescent programs run by DePaul Community Services Inc. “DePaul recognizes that in a challenging environment, agencies need to work together to provide the most comprehensive services,” DePaul president Mark Fuller ...

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Ontario County hospitals
plan to merge

Clifton Springs Hospital & Clinic and F.F. Thompson Health System Inc. have taken the first step toward merging their operations. The hospital boards voted earlier this week to pursue development of a common parent company for both systems, the hospitals ...

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Moscom pulls plug
on Votan IPO

Moscom Corp. has called off the initial public offering of its California subsidiary, the company announced this afternoon. After the news, Moscom’s stock tumbled more than 16 percent to the $9.50 range, down from yesterday’s close of $11.38. Moscom first ...

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Kodak, Wang discuss
deal on software

By MIKE DICKINSON Rochester Business Journal Eastman Kodak Co. and Wang Laboratories Inc. are investigating a possible purchase of Wang software, an industry analyst says. Alex Henderson, a Kodak analyst for Prudential Securities, said Kodak is looking at buying Wang’s ...

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Paychex hikes quarterly dividend The Paychex Inc. board of directors has declared a 50 percent increase in the company’s quarterly dividend. The move raises the dividend to 9 cents a share from 6 cents a share, payable Nov. 25 to ...

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Kodak, Wang discuss
deal on software

By MIKE DICKINSON Rochester Business Journal Eastman Kodak Co. and Wang Laboratories Inc. are investigating a possible purchase of Wang software, an industry analyst says. Alex Henderson, a Kodak analyst for Prudential Securities, said Kodak is looking at buying Wang’s ...

Read More »

Moscom pulls plug
on Votan IPO

Moscom Corp. has called off the initial public offering of its California subsidiary, the company announced this afternoon. After the news, Moscom’s stock tumbled more than 16 percent to the $9.50 range, down from yesterday’s close of $11.38.

Read More »

Ontario County hospitals
plan to merge

Clifton Springs Hospital & Clinic and F.F. Thompson Health System Inc. have taken the first step toward merging their operations. The hospital boards voted earlier this week to pursue development of a common parent company for both systems, the hospitals ...

Read More »

St. Joseph’s Villa
picks up programs

St. Joseph’s Villa of Rochester will assume operation of the adolescent programs run by DePaul Community Services Inc. “DePaul recognizes that in a challenging environment, agencies need to work together to provide the most comprehensive services,” DePaul president Mark Fuller ...

Read More »

Teach-in scheduled
for labor leaders

Rochester labor leaders will head south to Geneseo tomorrow for a labor teach-in harking back to the consciousness-raising rallies that swept campuses during the Vietnam War era. The event at the SUNY College at Geneseo is timed to follow a ...

Read More »