Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Berkshire Bank makes major move in Utica–Rome banking market
UTICA — Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, is about to become a major player in the Utica–Rome banking market. On
Oneida Financial Q2 net income fall 21 percent on higher costs
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC) reported that its net income fell 21 percent to $1.5 million in the second quarter from $1.9 million
Pathfinder Bancorp 2nd-quarter profit rises 14 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $823,000 in the second quarter, up 14 percent from
Lockheed Martin cuts 114 jobs in Salina, 25 in Owego
SALINA — Defense contractor Lockheed Martin Corp. (NYSE: LMT) Thursday told 114 employees at its Salina plant and 25 workers at its Owego facility that
New York’s initial unemployment claims tumble in latest week
The number of people applying for new unemployment-insurance benefits in New York state in the week ending July 20, fell by 14,966, or 43 percent,
Pathfinder Bancorp Q2 profit rises on gain from sale of loan portfolio
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $823,000 in the second quarter, up 14 percent from
Chemung Financial Q2 profit rises almost 9 percent
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, reported that its second-quarter net income rose nearly 9 percent
New York’s initial jobless claims drop 12 percent
The number of people applying for new unemployment-insurance benefits in New York state in the week ended July 13, fell by 4,743, or 12 percent,
Berkshire Bank to acquire 11 Bank of America branches in Utica–Rome area
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its banking subsidiary, Berkshire Bank, has agreed to acquire 20 retail bank branches in New York
NBT Bancorp net income jumps in second quarter
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) reported net income of $16.9 million in the second quarter, up from $7.6 million in the first quarter