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Today’s Top Stories

Rochester HMOs earn recognition from U.S. News

Blue Choice and Preferred Care have received the highest rating in a national ranking, the second high rating this summer from a national magazine for Blue Choice. U.S. News & World Report presents its first HMO Honor Roll in the ...

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Gleason Corp. returns
to acquisition pursuit

Gleason Corp. today said it has reached an agreement with Hermann Pfauter GmbH & Co. to acquire all Pfauter Group operations. Terms of the deal were not disclosed. The acquisition–Gleason’s second purchase of a German cylindrical-gear firm in little more ...

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Hatch-Leonard reorganizes management Hatch-Leonard/Markin-Shaw Inc. announced that President Robert French will assume the position of chairman of the board. The responsibilities associated with the president’s post have been turned over to the firm’s executive committee. The executive committee consists of: ...

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Gleason Corp. returns
to acquisition pursuit

Gleason Corp. today said it has reached an agreement with Hermann Pfauter GmbH & Co. to acquire all Pfauter Group operations. Terms of the deal were not disclosed. The acquisition–Gleason’s second purchase of a German cylindrical-gear firm in little more ...

Read More »

Rochester HMOs earn recognition from U.S. News

Blue Choice and Preferred Care have received the highest rating in a national ranking, the second high rating this summer from a national magazine for Blue Choice. U.S. News & World Report presents its first HMO Honor Roll in the ...

Read More »

CPAC investors, firm
involved in stock deals

Two major stock deals unfolded this week at CPAC Inc. CPAC Investors LLC, the firm’s majority shareholder, has sold its 1.25 million shares of common stock to two large institutional investors and a number of existing private shareholders, the company ...

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Consulting firm dissolving

Partners in the Great Lakes Leadership Group Inc. consulting firm say they are dissolving the company. However, the move is not a breakup of their eight-year partnership, said Great Lakes principals John Engels and Frank Staropoli.

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The Loop

Power of the pen A letter to the editor in the Sept. 2 issue of Business Week isn’t George Tomczyk’s first, by any means. The Simon School director of media relations says he gets two or three published each month, ...

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Cooper Cos. boosts earnings estimate

Daily Edition The Cooper Cos. Inc. has revised its year-end earnings estimate after third-quarter net income jumped 87 percent over the same quarter last year, the company announced today. For the quarter ended July 31, the company reported net income ...

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Local Keane Inc.
office drives deal

Daily Edition The Rochester office of Keane Inc., a Boston-based software consulting firm, was the driving force behind nabbing a $4.1 million outsourcing contract awarded by New York State Electric & Gas Corp. Work began earlier this month on a ...

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SUNY Brockport president to retire

Daily Edition The president of SUNY College at Brockport today announced that he will retire next summer. “My years at SUNY Brockport have been full and fulfilling, and have passed by at a gallop,” said John Van de Wetering during ...

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Paychex closes merger deal Paychex Inc. has closed on its agreement to merge with National Business Solutions Inc. of St. Petersburg, Fla. The outstanding shares of NBS were exchanged for 2,934,496 shares of Paychex common stock. The transaction is being ...

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SUNY Brockport president to retire

Daily Edition The president of SUNY College at Brockport today announced that he will retire next summer. “My years at SUNY Brockport have been full and fulfilling, and have passed by at a gallop,” said John Van de Wetering during ...

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Local Keane Inc.
office drives deal

Daily Edition The Rochester office of Keane Inc., a Boston-based software consulting firm, was the driving force behind nabbing a $4.1 million outsourcing contract awarded by New York State Electric & Gas Corp. Work began earlier this month on a ...

Read More »

Cooper Cos. boosts earnings estimate

Daily Edition The Cooper Cos. Inc. has revised its year-end earnings estimate after third-quarter net income jumped 87 percent over the same quarter last year, the company announced today. For the quarter ended July 31, the company reported net income ...

Read More »