Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
First Niagara profit climbs in the first quarter
First Niagara Financial Group (NASDAQ: FNFG) today reported net income available to common shareholders of $59.7 million, or 17 cents per share, in the first
Brown & Brown advises clients on health-care reform, adds employees
SYRACUSE — Brown & Brown Empire State, a unit of Florida–based Brown & Brown, Inc. (NYSE: BRO), has added employees to its Syracuse office in the past nine months. And the firm is also guiding its employee-benefits clients on dealing with the national health-care reform law. The Central New York Business Journal (CNYBJ) spoke separately
State Comptroller stops $21 million in ‘dubious’ tax refunds
The office of New York State Comptroller Thomas DiNapoli announced that it has halted more than $21 million in “questionable” personal-income tax refunds after uncovering
Nationwide Credit to add 300 jobs in Vestal
VESTAL — Nationwide Credit, Inc. (NCI), an Atlanta–based collection agency, today announced plans to add 300 customer-service jobs in Vestal.NCI, a subsidiary of Altisource Portfolio Solutions S.A. (NASDAQ: ASPS), already employs about 400 at its service center in Vestal.As part of Altisource’s customer-solutions group, NCI serves companies in the financial and energy sectors.NCI describes itself
KeyCorp profit edges up in first quarter
KeyCorp (NYSE: KEY), which has a major presence in Central New York, earned net income from continuing operations of $196 million, or 21 cents per
Anaren forms committee to review purchase offer
DeWITT — Anaren, Inc. (NASDAQ: ANEN) today announced it has formed a committee of independent directors to review and evaluate the recent purchase offer it
Alto Cinco to open a second restaurant in downtown Syracuse
SYRACUSE — Alto Cinco, a popular Mexican restaurant in the Syracuse University hill area since 1995, will open a second eatery in downtown Syracuse this
Florida investment firm offers to buy Anaren
DeWITT — Anaren, Inc. (NASDAQ: ANEN) has received a purchase offer from one of its investors, according to a document filed Monday with the U.S.
Tompkins Financial names Gruber as new president of VIST Bank
ITHACA — Tompkins Financial Corp. (NYSE MKT: TMP) has named Scott L. Gruber president and chief operating officer of VIST Bank, a subsidiary headquartered in
Mohawk Global Logistics acquires Chicago company
SALINA — Mohawk Global Logistics has acquired a Chicago competitor, OEC Freight Chicago, Inc., the local company announced. Neither business released financial terms of the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.