Rochester Business Journal

• Veramark terminates merger pact, agrees to new acquisition deal
  Veramark Technologies Inc. has terminated its merger agreement with Varsity Acquisition LLC and All Big Ten Holdings Inc., announced in early May, in favor of a more lucrative deal with Hubspoke Holdings Inc. and TEM Holdings Inc.
• Sonic to expand into Rochester market
  Sonic Corp., the largest chain of drive-in restaurants in the nation, said Monday it is planning five locations in the Rochester market in the next four years.
• EarthLink to acquire West Coast firm
  EarthLink Inc. on Monday announced an agreement to acquire CenterBeam Inc., a privately held information technology service provider based in Silicon Valley, for $22 million.
• Brooks Court development opens in 19th Ward
  The Brooks Court housing development in the 19th Ward was christened Monday, with a new street and 11 single-family, owner-occupied homes completed.
• N.Y. manufacturing survey delivers mix results
  Conditions for New York manufacturers improved modestly in June, the Federal Reserve Bank of New York’s Empire State Manufacturing Survey shows.
• NYSE accepts IEC plan to meet listing requirements
  IEC Electronics Corp. said Monday the New York Stock Exchange has accepted the company’s plan to regain compliance with the continued listing requirements of the exchange.
• RF Communications gets multimillion deals
  Harris Corp.’s RF Communications division in Rochester announced two multimillion deals this week.
• Total compensation for Constellation CEO exceeds $8M in 2013
  Constellation Brands Inc.’s president and CEO saw a slight drop in his base salary in fiscal 2013 over fiscal 2012. Salaries of top executives at Victor-based Constellation Brands were included in a filing for the company’s annual meeting.
• LaserMax hires former IEC president as COO
  LaserMax Inc. has named Jeffrey Schlarbaum to the newly created position of chief operating officer, effective immediately.
• Most back surveillance to fight terrorism
  While the majority of respondents to this week's RBJ Daily Report Snap Poll supports surveillance to combat terrorism, more than 70 percent say such programs should be more transparent. See dozens of comments from readers.
• RF Communications gets $36 million in orders
  Harris Corp.’s RF Communications division in Rochester has received $36 million in orders from U.S. Special Operations Command to accelerate its deployment of an advanced wideband tactical communications system.
• Funding application workshops scheduled
  The first of four Consolidated Funding Application workshops by the Finger Lakes Regional Economic Development Council is slated for Tuesday in Rochester, officials said this week.
• Real estate firm forms alliance
  A Rochester area real estate firm has formed an alliance with a company in the Capital Region that will specialize in the condominium and homeowner association segment.

New York State Headlines

• States Scramble to Attract Suddenly Hot Cybersecurity Firms
• Cuomo's appointee wish list
• Costly mistakes at agency
• Bill hikes film credits for region
• Sex abuse stats skewed by law

US/World Headlines

• Audio experts testify in Zimmerman trial, again (6/17/2013 11:37:24 PM)
• Heat have no room for error versus Spurs in Game 6 (6/17/2013 11:37:02 PM)
• Russia to close paper mill on Lake Baikal (6/17/2013 11:32:19 PM)
• Rask shuts down Blackhawks as Bruins take 2-0 lead (6/17/2013 11:32:19 PM)
• Egypt investment minister aims for 7 pct growth in two years (6/17/2013 11:31:20 PM)