Rochester Business Journal

Friday, January 27, 2012

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This Week

Was Kodak's plummet from the pinnacle of industry into bankruptcy court inevitable?
Duke Co. president David Terry says service is the foundation of growth.
Men are starting to pay closer attention to health issues, experts say.
A new monthly page focusing on international business debuts.
Victoria Benz-Gehrke, artist and manager, keeps Artisan Works humming.
RBJ's Giving Guide has profiles of more than 20 non-profits. Click above to read it online.

Readers divided on Kodak's emergence from bankruptcy
A slight majority of respondents to this week's RBJ Daily Report Snap Poll say it's unlikely that Eastman Kodak Co. will be able to achieve its goal of emerging from Chapter 11 as a profitable and sustainable business.
Xerox to build $4.3M center, add 500 jobs
Xerox Corp. said Thursday it will build a $4.3 million customer care center in Monroe County that will result in 500 new jobs over the next two years.
Tompkins Financial to acquire Pa.-based VIST Financial
Tompkins Financial Corp. is making its first investment beyond New York, with an agreement to buy VIST Financial Corp. in Pennsylvania, officials said Thursday.
Duffy: Mandate relief would save county $36 million
Gov. Andrew Cuomo’s mandate relief proposals would save Monroe County taxpayers $36 million over five years, and pension reforms would save the county $2.5 billion over 30 years, Lt. Gov. Robert Duffy said Thursday.
Stock jumps 23 percent on VirtualScopics alliance
VirtualScopics Inc. said Thursday it has expanded its alliance with Pharmaceutical Product Development Inc., news which sent its stock up more than 23 percent.
First Niagara reports Q4 profit up 27.5%
First Niagara Financial Group Inc. on Thursday reported its fourth-quarter profit rose 27.5 percent. The company posted net income of $58.5 million attributable to common shareholders.
RG&E seeks to removed structures from Russell Station
Rochester Gas and Electric Corp. wants to remove most of the structures and equipment at its shuttered Russell Station coal power plant, and might preserve some buildings that could support future power generation, the company states in a regulatory filing.
Q4 net income surges at Financial Institutions
Financial Institutions Inc. reported its fourth-quarter profit surged 29.5 percent.The parent of Five Star Bank in the Rochester market posted net income of $5.4 million, or 39 cents a diluted share.
Rochester Midland names new president
Rochester Midland Corp. has named a new president. Glenn Paynter replaces Michael Coyner, who has retired, the company said.
Brand Networks hires Kodak's chief listening officer
Brand Networks Inc., a social media intelligence and analytics firm based in Boston with offices in Rochester, has snagged one of Eastman Kodak Co.’s most visible employees.
Restaurant sets opening at Brookwood Inn
A grand opening is set for Feb. 10 for LaRosa’s Italian Kitchen + Bar at the Brookwood Inn in Bushnell’s Basin.

>More Opinions

Opinion

Readers divided on Kodak's emergence from bankruptcy
A slight majority of respondents to this week's RBJ Daily Report Snap Poll say it's unlikely that Eastman Kodak Co. will be able to achieve its goal of emerging from Chapter 11 as a profitable and sustainable business.

Heed Kodak's founder
Rochester does not need another George Eastman or another Kodak to ensure that it thrives in the future.

Here's why we can't wait another 20 years
It is vital that we get the attention we deserve in Albany this year.