The State University of New York (SUNY) Upstate Medical University today announced its acquisition of two vacant apartment complexes on Harrison Street in downtown Syracuse.

The acquisition of Townsend Tower at 500 Harrison St. and Harrison House, located across the street from Townsend Tower, is part of the medical school's plan to offer additional student housing.

Earnings per common share in the period totaled 3 cents, compared with a loss of 68 cents a share in the second quarter of 2009. Earnings per share from continuing operations in the period totaled 6 cents.

Earnings per share in the period totaled 10 cents, up from 8 cents a year ago. Operating income, which excludes nonrecurring items, was $44.9 million, up from $25.5 million in the second quarter of 2009.

Earnings per share totaled $1.46, up from 36 cents a share in the second quarter of 2009. Analysts were expecting earnings of $1.01 per share, according to Reuters.

Earnings per share totaled 83 cents in the period, up from 69 cents in the second quarter of 2009. Analysts were expecting earnings per share of 78 cents, according to Reuters.