Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
PAR Technology wins $9.5 million subcontract award
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) today announced that BAE Systems, has awarded PAR subsidiary, Rome Research Corp. (RRC), a $9.5 million subcontract
Cornell, Iowa share $10.6 M obesity, hypertension NIH grant
ITHACA — A Cornell University researcher working with other researchers at the University of Iowa is part of a five-year, $10.6 million grant to study
New York initial unemployment claims dip slightly
In New York state, 18,627 people filed for new unemployment-insurance benefits in the week ended May 4, the lowest weekly level the state has posted
International Wire sales, profit fall in Q1
CAMDEN — International Wire Group Holdings, Inc. (Pink Sheets: ITWG), a Camden–based manufacturer and marketer of wire products, reported that its operating income fell nearly
Community Bank announces dividend, annual meeting results
DeWITT — Community Bank System, Inc. (NYSE: CBU) announced that its board of directors has declared a quarterly cash dividend of 27 cents a share.
NBT declares quarterly dividend, amends bylaws
NORWICH — The board of directors of NBT Bancorp (NASDAQ: NBTB) has again declared a quarterly cash dividend of 20 cents a share on its
Hardinge to acquire Forkardt for $34 million
ELMIRA — Hardinge Inc. (NASDAQ: HDNG), a global manufacturer of metal-cutting tools, announced today that it has agreed to acquire Michigan–based Forkardt from Illinois Tool
Carrols reports $5.2 million loss in Q1
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) today reported a first-quarter net loss from continuing operations of $5.2 million, or 23 cents a share,
New York posts drop in initial unemployment claims
In New York state, 6,443 fewer people filed for first-time unemployment-insurance benefits in the week ending April 20 compared to the week before, according to
Chemung Financial profit falls 33 percent in Q1
ELMIRA — Chemung Financial Corp., parent company of Chemung Canal Trust Co., reported that its first-quarter net income fell 33 percent to $2.4 million, or