Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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
Community Bank profit rises almost 8 percent in Q1
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported first-quarter net income of $20.2 million, up 7.5 percent from $18.8 million in the year-ago period
Tompkins Financial profit rises in first quarter
ITHACA — Tompkins Financial Corp. (stock ticker: TMP) reported net income of $11.5 million in the first quarter, up 47 percent from $7.8 million a