Public Companies News
- DSS plan to regain listing compliance accepted
Document Security Systems Inc.’s plan to regain compliance with New York Stock Exchange listing rules has been accepted, NYSE MKT LLC officials said this week.
- Valeant CEO Papa calls B&L division a 'core franchise'
Valeant Pharmaceuticals International Inc. would contemplate selling off some assets but sees Bausch & Lomb Inc.’s ophthalmic division as a “core franchise” it should hang on to, Valeant chairman and CEO Joseph Papa said Monday.
- DSS reports smaller loss in first quarter
Document Security Systems Inc. shrunk its net loss by 62 percent in the first quarter, the company reported this week.
- Burns to serve as chairman of post-split document tech firm
Xerox Corp. chairman and CEO Ursula Burns will serve as chairman of the document technology company, but not its CEO, following the completion of the separation of Xerox into two independently public companies, the Xerox board of directors announced Friday.
- Portfolio: ThermoFisher Scientific - (NY-TMO)
- Monro shares fall after Q4 earnings, revenues misses
Monro Muffler Brake Inc. stocks were down more than $8 a share in early morning trading Thursday, after reporting fourth-quarter results that missed Street estimates.
- Transcat posts dip in net income in Q4
Transcat Inc. posted a drop in net income for its fiscal fourth quarter compared with fourth quarter results a year ago.
- Portfolio: Avangrid Inc. - (NY-AGR)
- No clearcut answer on employee, contractor question
- Harris segment soars
- B&L, IBM working on app for eye doctors
Bausch & Lomb Inc. and IBM Corp. are collaborating in a project to develop a “smart” iPhone and iPad app to assist eye doctors with cataract surgeries, officials of Bausch & Lomb’s parent company said Thursday.
- Portfolio: CVS Health Corp. - (NY-CVS)
- Harris segment gets $12 million Air Force order
Harris Corp.’s Communications Systems segment in Rochester has received a $12 million order to upgrade the U.S. Air Force’s tactical radios used to provide multiband communications on mine resistant ambush protected vehicles.
- Kodak posts smaller first-quarter loss, decline in revenues
Eastman Kodak Co. on Thursday afternoon reported a smaller first-quarter net loss but also a double-digit percentage decline in revenues. The per-share loss was 43 cents, compared with a loss of $1.38 a share in the first quarter of 2015.
- Frontier Communications reports widening Q1 loss
Frontier Communications Corp. reported a net loss of $186 million or 16 cents a share in its first quarter, widening the gap from last year’s net loss of $51 million or 5 cents a share a year ago.
- Harris reports increase in Q3 profit, sales
Harris Corp. continues to benefit from its multibillion acquisition last year of Exelis Inc., reporting on Tuesday increases in its year-over-year third-quarter profit and sales.
- For RBJ 75, no single benchmark of success
CEOs of region’s top employers use various performance metrics
- Companies serious about social responsibility
- Portfolio: Thermo Fisher Scientific - (NY- TMO)
- Kodak settles suit for $9.7 million