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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
May 08, 2001
Page
4
Productivity declines reported as the first drop in six years with mixed signals from sectors, while analysts warn of potential impacts on output and employment. No further details available in the fragment.
Dell, headquartered in Texas, announced a fresh round of core job cuts to be completed over the next six months. The move follows 1,700 layoffs the company announced in February and completed last month. Dell shares traded around 25.79 on Nasdaq today amid the announcement.
Sensis Corp to evaluate infrared imaging to track movement on airfields under a contract worth over 250000. DeWitt based firm will perform the test at Memphis International Airport in Q3, using heat signatures to monitor aircraft and targets. A separate Real Estate notice notes a sale at 112 Burton St Syracuse for 65200 on April 20 to Willi Jr and Florita Austin, seller listed as SOTHING Inc in error.
Lisa Belohoff Rafkis advances to account supervisor at Eric Marketing. A five-day Modern Woodmen program in Rock Island reinforces financial planning for families. Robert M. Cote joins Hiscock & Barclay as associate in public finance and tax matters. John P. Gaughan becomes associate in litigation focusing on eminent domain, labor, personal injury, and real estate disputes.
Niagara Mohawk reports first quarter earnings of 40.9 million or 26 cents a share with 12.8 million from new accounting, and 15.8 million in other charges. The utility expects to break even in 2001, seeks PSC approval to sell nuclear plants, and advances toward a 3 billion merger with National Grid planned for late 2001.
Louis and Veronica Hamilton delayed Florida trip to fly JetBlue from Syracuse for 378 dollars round trip to Orlando. JetBlue aims to grow Syracuse traffic, challenging major carriers and expanding to JFK, Buffalo, Rochester and beyond. Senator Schumer aided rights for the service.
One of Central New York's largest independent agencies, the Young Agency, 96 years old and based in Syracuse, was sold to Brown & Brown Insurance of Daytona Beach Florida for an undisclosed price. The Syracuse office will join Franklin Square operations. Roy Terry Morreff and George Schurck will lead the office as a Brown & Brown division.
Adelphia Communications Internet users in New York Ohio Pennsylvania Massachusetts Vermont and Florida lost email service starting Friday night due to a Pittsburgh server crash. Backup servers were hampered by vendor issues with iscap2 delaying restoration until Monday morning. Slow after recovery and uncertain subscriber counts were reported by company officials.
Niagara Mohawk reports higher first quarter earnings than a year earlier due to changes in tax and accounting procedures that offset some effects and may allow breakeven in 2001 after three straight annual losses.
Sithe Energies aims to begin Heritage Station in Oswego County in fall, pending taxes and alignment with IDA, GE, and a new contractor after Washington Group International issues. The 1.08 gigawatt Athens Generating Project also awaits Army Corps of Engineers permit to proceed.
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