Rochester is leading the state in short sales of distressed homes for the third quarter of 2012, according to statistics released Wednesday by RealtyTrac, a national online marketplace for foreclosure properties. RealtyTrac Vice President Daren Blomquist said banks taking less ...

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Eastman Kodak Co. may be shedding jobs and money as the company seeks to emerge intact from bankruptcy proceedings. Based on Rochester third-quarter patent numbers — with and without Kodak factored in — the regional economy looks to be doing ...

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Constellation Brands Inc. said Thursday its third-quarter profit slumped 25 percent on weaker wine and beer sales in North America, price hikes that hurt sales of two popular wine brands and stepped-up promotional costs. The results narrowly missed Wall Street ...

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Specialty glass maker Corning Inc. said Wednesday its profit rose 3 percent in the third quarter, lifted by surging sales of glass for flat-panel televisions and optical fiber. The results handily beat Wall Street expectations. Its shares rose almost 5 percent in premarket trading.

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There was both optimism and concern among representatives of the Greater Rochester Association of Realtors, the Rochester Home Builders Association and The Mortgage Bankers Association of the Genesee Region on Friday with the release of the 2011 third quarter Rochester area housing statistics.

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Stocks rose sharply early Friday after several big U.S. companies reported solid third-quarter earnings. The Dow Jones industrial average jumped 200 points. Fast-food giant McDonald's Corp. rose 3.3 percent, the most of any stock in the Dow ...

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NEW YORK CITY — Bank of America Corp. said Tuesday it lost $7.65 billion during the third quarter due to a charge related to credit and debit card reform legislation passed over the summer.

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