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Berkshire Bank parent lowers Q2 earnings forecast, stock falls
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), holding company for Berkshire Bank, said it expects to report core earnings of 48 cents a share in the
New York’s initial unemployment claims jump by 62 percent in latest week
The number of people applying for new unemployment-insurance benefits in New York state in the week ended July 6, soared by 15,163, or 62 percent,
Elmira Savings Bank Q2 profit edges up 1 percent
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) reported that its net income inched up 1 percent in the second quarter, led by a reduction in
NYISO names Cheryl Hussey chief financial officer
The board of directors of the New York Independent System Operator (NYISO), the nonprofit that operates New York state’s power grid, has named Cheryl Hussey
M&T Bank profit jumps nearly 50 percent
M&T Bank Corp., Central New York’s largest bank ranked by deposit market share, today reported that its second-quarter net income increased 49 percent, boosted by
Lockheed Martin announces 300 layoffs companywide
SALINA — Defense contractor Lockheed Martin Corp. (NYSE: LMT) today announced it is cutting 300 jobs in its Mission Systems and Training business in the
Elmira’s Chemung Canal to acquire six Bank of America branches in CNY
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) today announced that its banking subsidiary, Chemung Canal Trust Co., has agreed to buy six Bank of America
St. Joseph’s Hospital to join No. 2 Catholic health-care system in U.S.
SYRACUSE — St. Joseph’s Hospital Health Center announced it has agreed to join the second-largest Catholic health-care system in the country, as it seeks to
Planned job cuts rise 8 percent in June compared to May, Challenger report says
U.S. employers announced workforce reductions totaling 39,372 jobs in June, up 8.2 percent from 36,398 job cuts in May and almost 5 percent higher than
TI Fishing Charters casts an alternative corporate outing
CLAY — Patrick (PJ) Tucci has a message to business and nonprofit managers planning a corporate outing for employees or clients or setting up a