Fay's Drug Stores Reports Higher Sales But Flat Earnings
Fay's Drug Stores, Syracuse, reported a 17.4 percent rise in annual sales to 366.70 million for the year ended February 28, driven by prescription growth and new stores. Earnings rose to 8.68 million, or 42 cents a share, as promotions and opening costs for 17 new drugstores and three specialty outlets trimmed margins. Prescriptions grew 29.2 percent, while the final quarter yielded 3.33 million earnings on 109.39 million in revenue amid intensified competition and price promotions to clear inventories. Analysts note stronger drug store competition and diversified store formats as a key industry trend.
MENTIONED IN THIS ARTICLE
Atl Pays Drug Co
Syracuse
Henry A. Panasci Jr
Fay
Panasei
Panasci
Fay’s
Farmers seek stability as dairy prices shift and plans emerge
Consumers urge a stabilizing mechanism to smooth cycles of farm income. Otisco dairy farmer Dan Cummings questions Farm Bureau and Reagan positions risking farmer exits. Maureen Torrey notes vegetable growers face no price supports but can start small. Agway's Porter cites milk consumption trends and predicts 1985 levels near 590 pounds per person. RCMA proposal would require 95 percent participation to set an over order price.
MENTIONED IN THIS ARTICLE
Griffen
Otisco
Dan Cummings
Farm Bureau
Reagan
Maureen Torrey
New York
Torrey
Gilbert Porter
Agway Farm Cooperative
Porter
Gerace and
Rutherford
RCMA
Tragedy Checklist for Business Owning Widows and Spouses
A guide from Marvin A. Blumenfeld urges widows and widowers to plan for financial security after a spouse’s death. It recommends creating or reviewing a will, naming executors, learning to run the business, understanding assets and taxes, and building knowledge of payrolls, pensions, insurance, leases, loans, and security systems. The piece emphasizes proactive preparation to avoid financial catastrophe.
MENTIONED IN THIS ARTICLE
Truetale
Dun & Bradstreet
Marvin A. Blumenfeld
April Marcus
Blumenfeld
Tax cut clash as Cuomo plan comes under scrutiny
State budget projections spark tax cut debate with Senator Marchi and Comptroller Regan warning of understated revenues and urging restraint. Assembly Speaker Fink backs simpler reforms, Maura favors broader cuts funded by continued business taxes and fees.
MENTIONED IN THIS ARTICLE
State Senate Finance Committee
John Marchi
Staten Island
Cuomo
Edward Regan
Senate
Regan
Assembly
Stanley Fink
Brooklyn
Frank Maura
Fink
Senate Gop
Maure
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Trimsday
Richard Ralph
Shearson American Express
P&c
Carls
Sensi i
Serres
ST __ Bank of
Stene Eye
Chase-Lincoln
It Bank of Een
Fed
Rochester
Eiooey
Sissidoh
Ea Pop Key Bank
Handveg
Struts Boces Marine Midi
PRETO
Oneida National
Gmos Yas
Bank
Veriecht
Ekaneateles
Ape Syracuse
Farm Forum
Eta Ae
Santana
Sail
Cortland
FL Mediam Bu
TX Greed
Sigalon Gontaners GH
Red
CH. Thompson
GRACE
Acorn Bu
N.Y. Cortland
Bose
Boston
Packham
Empire
Chenny
N.C
Sylvia Poste
Mauro
S. Safina St
Warren Street
S. Warren St
University Hill
Irving Ave
Shop City
River Mall
Baldwinsville
N. Main St
Fairmount Fair
Northern Lights
Shoppingtown
Green Hills
Fayetteville Mall
Seneca Mall
Cayuga Region
Genesee Mall
Auturn
Oneida County
N. Washington St
Rome
Mohawk Acres
Mainr St
Camden
Onbank
FCC
Onondaga Savings Bank
Mer
FDIC
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