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| Today's Top Stories |
UPDATED 12:00 AM EST
MAY 09, 2008
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IEC Electronics Corp. plans
to acquire Val-U-Tech in Victor
IEC Electronics Corp. has signed a letter of intent to acquire Val-U-Tech Corp., a privately held supplier of wire harness assemblies in Victor, the Newark firm announced Thursday.
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Consumer confidence hits record low
Overall confidence among upstate consumers again mirrored statewide confidence, falling to a record low in April, the survey by the Siena Research Institute shows.
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VirtualScopics sees stock rise 3%
VirtualScopics Inc.’s stock was up nearly 3 percent Thursday, following the medical analysis firm’s annual meeting of shareholders. The company’s shares midday were trading at 69 cents, up from Wednesday’s close of 67 cents a share.
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Cuomo fines firm in fraud investigation
Buffalo-based law firm Hodgson Russ LLP has been fined $50,000 for improper employment arrangements with several school districts and Boards of Cooperative Educational Services, including Monroe 2 BOCES in Spencerport, state Attorney General Andrew Cuomo announced Thursday.
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DSSI secures financing for court battle
To help fuel its ongoing court battles against the European Central Bank, Document Security Systems Inc. on Thursday announced $500,000 in interim financing.
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Golden Horseshoe set for Tuesday
Winners of area entrepreneurship competitions will compete Tuesday in Rochester for the Golden Horseshoe Business Challenge, with a prize of $100,000 to start the winning business.
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Zapata reports loss in Q1
Zapata Corp. reported a drop in net income in the first quarter. The Brighton-based holding firm reported net income of $320,000, or 2 cents a diluted share, compared with net income of $466,000, or 2 cents a diluted share, for last year’s quarter.
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PDMA cancels conference
The Product Development and Management Association of Western New York’s spring conference scheduled for Tuesday at Rochester Institute of Technology has been canceled.
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Top Stories
RIT mulls school of architecture
Rochester Business Hall of Fame taps six for class of 2008
Buffalo firm buys Kodak property for $11 million
Court panel rules against Greece on polluted parcel
Seattle-based shareholder pressures Veramark
Other Highlights
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