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Kodak Reports 1st Q Loss, But Much Improved from 2007
Rochester, N.Y., May 1 – In its first quarter report released Thursday, Eastman Kodak Company reported a 35 percent, or $61 million, improvement in its loss compared to last year.
Corning 1Q profit surges
Rochester, N.Y. (AP) - Corning Inc. says its first-quarter profit more than tripled, exceeding Wall Street's expectations on strong demand for glass used in flat-screen televisions and computers.
Xerox First Quarter Earnings Up; But Litigation Fees Cause Loss
Stamford, Conn. -- The first quarter report from Xerox Corporation shows a loss of 27 cents per share, which includes a 54 cents per share charge to settle a securities lawsuit from 2000.
Widmer Cutting 30 Jobs
Naples, N.Y. -- Parent company Constellation Brands says the cuts are due to the company discontinuing some of its "value brands" of lower-priced wines.
Energy East Buyout in Question
Albany, N.Y. (AP) -- The chairman of Iberdrola, the Spanish utility seeking to buy Energy East, says what he calls "unreasonable conditions" imposed by the New York energy regulators could scuttle the proposed $4.5 billion dollar deal.
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