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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Apr 25, 2001
Page
10
Lockheed Martin reports a 22 cent per share loss for Q1 2007 on $3.69 billion in losses, while Lucent records 37 cents per share in operating income and a year earlier profit of 23 cents. Analysts had forecast different outcomes, reflecting uneven early 2007 performance.
Julie Moorehead Clark of Camillus and Joseph J. Salvatore of Syracuse are named top New York Life agents for 2000. Clark, a Le Moyne College graduate, has been with NYL since January 2000. Salvatore, with two years in insurance and prior 26 years at Deluxe Check Printers, joins NYLIFE and NYLIFE Securities. Sharon E. Fanelli becomes Cayuga Bank vice president of finance and administration after serving as Homestead Savings CFO until its merger. Aldeff Rysinski joins Photon Vision Systems as design engineer. Andrew Picco named VP mid market development at Hurbon of Syracuse to lead Workplace Furnishings initiatives. Suse Royal
Trustee Gi cpiv criticizes an expensive consultant for Crouse during a session. The board discusses possible appointments and questions the value of the disclosed fees amid ongoing budget concerns. Local oversight and governance priorities are highlighted as trustees seek clarity on the consultant's role.
ABC and Walt Disney Co report Who Wants to Be a Millionaire as the most profitable TV program, noting about 1 billion in revenue and multiple cash streams from ads, licensing, games, and online editions. Despite ratings dips, weekly viewership remains strong and ancillary ventures expand global deals and spin offs.
The Conference Board reports April consumer confidence at 109.2 as worries over jobs and the economy rise. Analysts say higher energy and financial market concerns are dimming the outlook, with the April survey completed April 17, just before the Fed surprised markets with a rate cut.
State officials trimmed 13 prospective fab sites to five as IBM chose a Orange County site for a new chip plant. Onondaga County has acquired 67 acres of the 245 acre Clay site with plans to take majority ownership to speed development and attract a manufacturer after state incentives and local Eminent Domain powers align with a smaller rival field. The effort hinges on making the Clay site shovel ready and drawing a producer to a now tighter New York landscape.
County officials work to acquire 2.45 acres in Clay for a potential computer chip plant. The site is one of five locations in the state’s semiconductor initiative, aiming to attract a major manufacturer to locate there.
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