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Skechers settles for $40M over deceptive ads

By The Associated Press
POSTED: May 16, 2012
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WASHINGTON, D.C. — Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission that the footwear company made unfounded claims that its Shape-ups shoes would help people lose weight and strengthen their butt, leg and stomach muscles. Kim Kardashian, Brooke Burke and other celebrities endorsed the shoes in Skechers ads. [...]

Genesee Cream Ale returns to its roots

By Daily Record Staff
POSTED: May 14, 2012
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Genesee Cream Ale is returning to its roots with the original packaging that once made it famous. The beer, according to Janine Schoos, brand manager for the Genesee Family of Beers, was an overnight success among beer drinkers thirsty for something a little different when it was first introduced in 1960. She said the beer [...]

Nixon Peabody attorneys talk about doing business in Europe (access required)

By Denise M. Champagne
POSTED: May 3, 2012
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There are a lot of things to consider when doing business in Europe. To help clients looking to expand, Nixon Peabody LLP hosted a Global Economic and Legal Forum with a European focus Wednesday at its Rochester offices. The firm opened a Paris office about four years ago, which office Managing Partner Carolyn G. Nussbaum [...]

Legal marketers discover QR codes (access required)

By Dolan Media Newswires
POSTED: April 30, 2012
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You’ve seen them everywhere. Funny square boxes with squiggles in black and white. They are QR, or “Quick Response,” codes, one of the tools that marketers use in the new field of mobile marketing. Where Web advertising was once the frontier of the marketing industry, more and more tech-savvy consumers have migrated to a newer [...]

Shutterfly stock flies on Eastman Kodak deal

By The Associated Press
POSTED: April 25, 2012
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NEW YORK — Shutterfly’s stock climbed after the online photo publishing company emerged as the sole and thus the likely winning bidder for Eastman Kodak’s online photo services business. The company says no other offers have emerged for Kodak Gallery. Pending final approval by a bankruptcy court, the business will be Shutterfly’s for $23.8 million. [...]

Thomson Reuters to sell healthcare unit for $1.25B

By The Associated Press
POSTED: April 23, 2012
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NEW YORK — Thomson Reuters Corp., one of the world’s largest news and information companies, on Monday said that it would sell its health care analytics division to Veritas Capital for $1.25 billion in cash. The division helps hospitals, employers and government agencies improve health care efficiency and find savings. Veritas is a New York-based [...]

Rochester patent applications up in 1Q (access required)

By Todd Etshman
POSTED: April 17, 2012
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Rochester area inventors in Monroe and Ontario counties received more patent approvals from the U.S. Patent and Trade Office in the first quarter of 2012 than in any quarter of 2011. Total Rochester area patent approvals, including Kodak and Xerox, rose to 534 in the first quarter of 2012, a significant increase over the 446 [...]

Law firm press releases: How to stand out (access required)

By Dolan Media Newswires
POSTED: April 15, 2012
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Firing off a press release about your law firm’s latest news and sending it to a bunch of media outlets might seem like a simple thing, but there’s more to it than you think, says Gina Rubel, the author of “Everyday Public Relations for Lawyers.” One of the most overlooked questions a law firm should [...]

Kodak plans to lay off 91 workers in Rochester

By The Associated Press
POSTED: April 10, 2012
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Eastman Kodak Co. plans to lay off 91 workers at its Rochester operations in June. The Democrat and Chronicle reports that the company has filed a Worker Adjustment and Retraining Notification Act notice with the state Labor Department about the layoffs. According to the filing, 26 jobs are to be cut on June 17 and [...]

Moody’s raises Constellation Brands rating

By The Associated Press
POSTED: April 10, 2012
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NEW YORK — Moody’s Investors Service is raising Constellation Brands Inc.’s corporate family rating, due to improving profitability over the past few years and the streamlining of its business. The Victor, wine and spirits company has been pruning itself methodically for five years to focus on higher-margin wines and revive profits in a choppy economy. [...]

FFG acquires insurance company

By Daily Record Staff
POSTED: April 9, 2012
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Foundation Financial Group has acquired Assured Insurance Services. Financial terms of the transaction were not disclosed. Foundation Financial Group announced the opening of its insurance division in January 2011. In January 2012, Foundation Financial Group acquired Florida-based B&R Insurance. More information is available at www.ffg.com.  

Carestream names MVP Health Care top supplier

By Daily Record Staff
POSTED: April 5, 2012
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Carestream Health, a worldwide provider of dental and medical imaging systems and healthcare IT solutions, recently named MVP Health Care a “Quality Supplier of the Year.” MVP, which has held a “certified supplier” designation from Carestream since 2008, serves the health benefits needs of more than 5,500 Carestream employees and their family members. “We are [...]

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