Standard & Poor's Inc. lowered corporate credit, secured bank loan and senior unsecured debt ratings deeper into junk bond status a day after the company announced third-quarter earnings. S&P cited "reduced confidence" on Kodak's profitability and cash flow stemming from the shift into digital imaging.

Victor-based . has scored a major investment for its push into the exploding market for cell phone cameras. The company, which makes miniature motors, will receive an equity investment of $700,000 from a group of investors, including the Trillium Group's university technology seed fund and individuals from the Rochester Angel Network.

The will hold its 2005 Equality Leadership Conference, focusing on workplace issues, at 7:30 a.m. today at the Hyatt Regency Hotel, 125 E. Main St. downtown. The keynote luncheon speaker is Margaret Stumpp, who will talk about "Transitioning in the workplace as a senior VP of a major financial company."

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