PAGE 22 JULY 8, 2016 MARKETWATCH ROCHESTER BUSINESS JOURNAL

LOCAL STOCK PERFORMANCE PORTFOLIO

A weekly report compiled from the proxy statement and annual report of a publicly held company with local headquarters or a company with a major division in the area CLOSING CLOSING PERCENT ANNUAL PRICE PRICE NET CHANGE CHANGE IN P/E EARNINGS PER DIVIDEND 52 - WEEK 07-05-16 06-27-16 IN PERIOD PERIOD RATIO SHARE1 RATE2 HIGH LOW AT&T Inc. (NY-T) 42.87 42.03 0.84 2.00 18.02 2.36 1.92 43.89 30.97 Arista Power Inc. (OTC-ASPW) 0.01 0.00 0.00 21.95 0.09 0.05 NONE 0.11 0.00 Avangrid Inc. (NY-AGR)1 46.30 44.57 1.73 3.88 33.10 1.39 1.73 46.30 32.45 - New York Stock Exchange-T Bank of America Corp. (NY-BAC) 12.74 12.18 0.56 4.60 9.92 1.27 0.20 18.48 10.99 AT&T Inc. of Dallas, Texas, is a holding company whose subsidiaries offer Berry Plastics Group (NY-BERY) 38.57 35.60 2.97 8.34 48.24 0.80 NONE 40.00 27.79 communications and digital entertainment services in the U.S., Mexico and Latin America. Originally formed in 1983 as one of several regional companies created to hold AT&T Bon-Ton Stores Inc. (NAS-BONT) 1.40 1.38 0.02 1.45 LOSS -3.08 0.20 6.56 1.10 Corp.’s local telephone companies, pursuant to an anti-trust consent decree, the company has since expanded through a series of mergers and acquisitions. In 2015 the company ac- CVS Caremark Corp. (NY-CVS) 94.98 93.24 1.74 1.87 20.70 4.60 1.70 113.65 81.37 quired wireless properties in Mexico and DIRECTV, a provider of digital television entertain- ment services in the United States and Latin America. AT&T services and products are The Carlyle Group (NAS-CG) 15.69 15.48 0.21 1.36 LOSS -1.62 1.04 28.96 11.25 marketed under the AT&T, Cricket, DIRECTV, SKY, Iusacell, Unefon and Nextel Mexico Ciber Inc. (NY-CBR) 1.36 1.51 -0.15 -9.93 LOSS -1.24 NONE 3.90 0.93 brand names. The company reports financial results for four operating segments, as well as a corporate and other segment: business solutions, which provides wireless and wired Citigroup Inc. (NY-C) 40.78 38.48 2.30 5.98 8.10 5.00 0.20 60.95 34.52 services to business, governmental and wholesale customers and individual subscribers who purchase wireless services through employer-sponsored plans; entertainment group, Citizens Financial Group Inc. (NY-CFG) 18.90 18.44 0.46 2.49 11.92 1.58 0.48 28.18 18.04 providing video, internet and voice communication services to residential customers located Constellation Brands Inc. Class A (NY-STZ) 165.90 153.10 12.80 8.36 30.15 5.55 1.60 167.91 114.49 in the U.S. and in U.S. territories; consumer mobility, consisting of AT&T Mobility operations that provide voice and data services, including high speed internet, video entertainment and Constellation Brands Inc. Class B (NY-STZB) 167.23 153.91 13.32 8.65 30.15 5.55 NONE 169.00 116.22 home monitoring services to consumers and to wireless wholesale and resale subscribers located in the U.S. or in U.S. territories; and international, providing entertainment services The Cooper Cos. Inc. (NY-COO) 177.42 162.99 14.43 8.85 42.38 4.23 0.06 179.97 119.28 in Latin America and wireless services in Mexico. Business solutions accounted for some 49 percent of 2015 segment operating revenue, entertainment group and consumer mobility Corning Inc. (NY-GLW) 19.93 19.06 0.87 4.56 50.33 0.40 0.54 21.30 15.42 each contributed approximately 24 percent, and the international segment provided the Danaher Corp. (NY-DHR) 80.40 97.32 -16.92 -17.39 15.90 5.05 0.64 102.79 77.34 remaining 3 percent. AT&T employs some 281,450 people worldwide; AT&T Mobility employed 205 in the Delphi Automotive PLC (NY-DLPH) 60.19 59.06 1.13 1.91 10.24 5.88 1.16 88.89 55.59 Rochester area in 2013, the most recent figure available. The company reported 2015 net revenue of some $147 billion, up 11 percent from 2014. Document Security Systems Inc. (AMEX-DSS) 0.20 0.19 0.01 2.63 LOSS -0.27 NONE 0.30 0.11 Net income for 2015 was $13.3 billion, or $2.37 per share, doubling the prior year’s $6.4 Dr Pepper Snapple Group Inc. (NY-DPS) 97.34 95.85 1.49 1.55 23.52 4.12 2.12 98.07 72.00 billion, or $1.24 per share. The company’s annual dividend increased 4 cents to $1.89 per share. Net cash provided by operating activities was $36 billion; net cash used in investing EarthLink Holdings Corp. (NAS-ELNK) 6.28 5.89 0.40 6.71 LOSS -0.25 0.20 9.86 4.97 activities was $49 billion; and net cash provided by financing activities was $10 billion. The company’s fiscal year ended Dec. 31. Eastman Kodak Co. (NYS-KODK) 15.81 15.29 0.52 3.40 LOSS -0.95 NONE 17.31 7.56 EnPro Industries Inc. (NY-NPO) 43.97 42.83 1.14 2.66 LOSS -3.01 0.84 63.82 37.53 Common shares outstanding on April 30 ...... 6,156,000,000 Price per share of common stock on July 1 ...... $43.47 Exelon Corp. (NY-EXC) 36.21 34.59 1.62 4.68 18.77 1.93 1.27 36.46 25.09 Total market value on July 1 ...... $267,601,320,000 Controlled by all directors and officers as a group ...... 4,325,424 Exxon Mobil Corp. (NY-XOM) 93.02 88.86 4.16 4.68 29.90 3.10 3.00 93.98 66.55 (0.1 percent) Fairport Savings Bank (OTCBB-FSBC) 13.00 13.00 0.00 0.00 44.98 0.29 NONE 13.95 8.50 - Financial Institutions Inc. (NAS-FISI) 25.28 24.77 0.51 2.06 13.13 1.94 0.80 29.53 23.54 Performance Record First Niagara Financial Group Inc. (NAS-FNFG) 9.47 9.18 0.29 3.16 17.83 0.53 0.32 11.22 8.54 (Dollars in millions except per-share data) Frontier Communication Corp. (NAS-FTR) 2015 2014 2013 2012 2011 4.98 4.60 0.38 8.26 LOSS -0.45 0.42 5.85 3.81 Revenues $146,801 $132,447 $128,752 $127,434 $126,723 Gannett Co. Inc. (NY-GCI) 13.34 13.62 -0.28 -2.06 10.98 1.22 0.80 17.91 10.84 Net income 13,345 6,442 18,418 7,229 4,119 Net income per share 2.37 1.24 3.42 1.26 0.69 Genesee & Wyoming Inc. (NY-GWR) 58.69 52.86 5.83 11.03 14.91 3.93 NONE 76.34 41.56 Dividends per share 1.89 1.85 1.81 1.77 1.73 Total assets 402,672 296,834 281,423 275,834 273,467 Graham Corp. (NY-GHM) 19.00 18.55 0.45 2.43 30.82 0.97 0.36 20.47 14.39 Long-term debt 118,515 75,778 69,091 66,152 61,091 HSBC Holdings PLC (NY-HSBC) 30.30 29.38 0.92 3.13 10.28 2.90 2.55 46.38 28.62 Stockholders’ equity 123,640 90,270 94,610 95,653 105,797 Operating cash flow 35,880 31,338 34,796 39,176 34,473 Harris Corp. (NY-HRS) 81.54 78.49 3.05 3.89 92.35 0.88 2.00 89.78 70.10 Investing cash flow (loss) (49,144) (18,337) (23,124) (19,680) (21,250) Financing cash flow (loss) 9,782 (7,737) (13,201) (17,673) (11,649) IEC Electronics Corp. (AMEX-IEC) 4.30 4.16 0.14 3.37 LOSS -0.08 NONE 4.99 2.59 ITT Corp. (NY-ITT) 30.74 30.53 0.21 0.69 7.91 3.84 0.50 40.98 29.15 1 International Business Machines Corp. (NY-IBM) 151.68 143.50 8.18 5.70 11.46 13.19 5.60 173.78 116.90 Directors Number of common shares Randall Stephenson, 55, chairman, president and CEO ...... 1,975,568 J.C. Penney Co. Inc. (NY-JCP) 8.66 8.43 0.23 2.73 LOSS -1.41 NONE 11.99 6.00 Glenn Hutchins, 60, co-founder, Silver Lake ...... 103,322 JPMorgan Chase & Co. (NY-JPM) 59.55 57.61 1.94 3.37 10.03 5.90 1.92 70.61 50.07 Matthew Rose, 56, chairman and CEO, Burlington Northern Santa Fe LLC ...... 91,000 Scott Ford, 53, member and CEO, Westrock Group LLC ...... 66,319 Kohl's Corp. (NY-KSS) 36.74 36.50 0.24 0.66 12.26 2.96 2.00 65.20 33.87 John McCoy, 72...... 31,584 Michael McAllister, 63 ...... 28,048 Kraft Heinz Co. (NAS-KHC) 88.74 83.63 5.11 6.11 166.24 0.53 2.30 89.49 61.42 Samuel Di Piazza Jr., 65 ...... 26,790 Jon Madonna, 72 ...... 14,573 Level 3 Communications Inc. (NAS-LVLT) 50.58 47.43 3.15 6.64 5.29 9.52 NONE 56.11 40.86 Beth Mooney, 61, chairman and CEO, KeyCorp ...... 12,600 112.87 108.78 4.09 3.76 15.51 7.25 2.80 134.00 100.08 Joyce Roché, 68 ...... 6,328 M&T Bank Corp. (NY-MTB) Cynthia Taylor, 54, president and CEO, Oil States International Inc...... 5,718 Macy's Inc. (NY-M) 33.10 31.71 1.39 4.38 10.80 3.06 1.51 73.61 29.94 Richard Fisher, 66 ...... 0 William Kennard, 59 ...... 0 Manning & Napier (NY-MN) 8.94 9.60 -0.66 -6.88 10.85 0.82 0.64 11.40 5.60 Laura D’Andrea Tyson, 68, professor, Haas School of Business, University of California at Berkeley ...... 0 Metlife Inc. (NY-MET) 37.85 36.53 1.32 3.61 8.03 4.66 1.60 58.13 35.00 Monro Muffler Brake Inc. (NAS-MNRO) 64.43 63.67 0.76 1.19 32.40 2.00 0.68 77.00 56.15 Parker Hannifin Corp. (NY-PH) 107.07 100.53 6.54 6.51 19.74 5.39 2.52 117.78 83.32 Executive Compensation Officer 2015 compensation2 Paychex Inc. (NAS-PAYX) 60.09 54.27 5.82 10.72 28.94 2.09 1.68 60.99 41.59 Randall Stephenson, chairman, CEO and president ...... $25,145,914 Ralph de la Vega, CEO, AT&T business solutions and AT&T International LLC .... 10,086,702 SPX Flow Inc. (NY-FLOW) 24.07 24.80 -0.73 -2.94 29.75 0.80 NONE 42.06 14.85 John Stankey, CEO, AT&T entertainment group ...... 10,040,810 Sears Holding Corp. (NAS-SHLD) 12.98 12.56 0.42 3.34 LOSS -12.16 NONE 44.72 10.52 John Donovan, chief strategy officer and group president, AT&T technology and operations ...... 9,738,406 Seneca Foods Corp. Class A (NAS-SENEA) 36.38 34.98 1.40 4.00 6.68 5.42 NONE 36.20 25.85 John Stephens, senior executive vice president and chief financial officer ...... 9,598,681 Above executive officers as a group ...... $64,610,513 Seneca Foods Corp. Class B (NAS-SENEB) 36.83 36.83 0.00 0.00 6.65 5.42 NONE 44.88 32.00 Footnotes: Shiseido Co. Ltd. (OTC-SSDOY) 27.75 25.01 2.74 10.96 39.36 0.70 0.18 27.75 18.10 1Includes shares that may be acquired through the exercise of stock options, shares held in an employee benefit plan and shares over which voting and investment power is shared with another Stantec Inc. (NY-STN) 24.08 23.38 0.70 2.99 19.76 1.21 0.35 29.47 20.71 person Staples Inc. (NAS-SPLS) - 2Includes salaries, bonuses, value of stock and option awards, non-equity incentive plan 8.55 8.07 0.48 5.95 15.27 0.59 0.48 15.65 8.04 compensation, change in pension value and non-qualified deferred compensation earnings, and all Stewart Information Services Corp. (NY-STC) 42.10 39.27 2.83 7.21 LOSS -0.21 1.20 44.01 30.34 other compensation Synnex Corp. (NY-SNX) 92.23 90.32 1.91 2.11 18.22 5.24 0.80 102.83 71.00 Target Corp. (NY-TGT) 69.74 69.45 0.29 0.42 12.93 5.32 2.40 85.31 65.50 Stock Performance Thermo Fisher Scientific Inc. (NY-TMO) 147.25 140.93 6.32 4.48 29.52 4.97 0.60 154.81 117.10 Thomson Reuters Corp. (NY-TRI) 40.45 38.55 1.90 4.93 25.69 1.56 1.36 42.43 33.96 Cumulative Total Return for AT&T Common Stock Tompkins Financial Corp. (AMEX-TMP) 63.68 63.59 0.09 0.14 15.92 3.97 1.76 69.13 49.05 (versus S&P 500 Index and S&P 500 Integrated Telecom Index) Torvec Inc. (OTCQB-TOVC) 0.41 0.41 0.00 0.00 LOSS -0.08 NONE 0.76 0.19 $200 Transcat Inc. (NAS-TRNS) 10.24 10.00 0.24 2.40 17.66 0.58 NONE 11.85 8.70 Ultralife Corp. (NAS-ULBI) 4.85 4.55 0.30 6.59 29.57 0.16 NONE 7.61 3.73 $180 United Technologies Corp. (NY-UTX) 100.62 97.21 3.41 3.51 11.72 8.53 2.64 112.36 83.39 - $160

Valeant Pharmaceuticals International Inc. (NY-VRX) 19.95 18.73 1.22 6.51 LOSS -2.21 NONE 263.81 18.55 $140 Verizon Communications Inc. (NY-VZ) 55.97 54.74 1.23 2.25 12.62 4.41 2.26 56.95 38.06 $120 Vuzix (NAS-VUZI) 6.87 5.85 1.02 17.44 LOSS -0.97 NONE 8.56 3.61 Wal-Mart Stores Inc. (NY-WMT) 73.14 71.50 1.64 2.29 16.28 4.52 2.00 74.14 56.30 $100 2010 2011 2012 2013 2014 2015 Windstream Holdings Inc. (NAS:WIN) 9.21 8.44 0.77 9.12 LOSS -2.20 0.60 9.50 4.42 Xerox Corp. (NY-XRX) 9.24 8.88 0.36 4.05 36.63 0.25 0.31 11.46 8.48 AT&T S&P 500 Index S&P 500 Integrated Telecom Index Closing prices adjusted for dividends and splits

1 Earnings per share are for the company's most recent four quarters. 2 Researched by Andrew Green © 2016 Rochester Business Journal Annual dividend rates are annual disbursements based on the last monthly, quarterly, semiannual or annual declaration.