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GateHouse Media reports Q3 loss
FAIRPORT — GateHouse Media, Inc. a Fairport–based media company that owns The Observer-Dispatch in Utica, reported a bigger loss and lower revenue in the third quarter. Total revenue declined 3.4 percent to $120.8 million, down from $125 million a year ago, even though the company grew its digital revenue by 27.9 percent. The company posted […]
Sales increase, earnings slip at PAR Technology
NEW HARTFORD — Sales were up for the third quarter at PAR Technology Corp. (NYSE: PAR), but income was down as the company said it
Impairment slows earnings at Oneida Financial
ONEIDA — Third-quarter earnings fell at Oneida Financial Corp. (NASDAQ: ONFC) thanks to an asset impairment, decreased interest income, and an increased provision for loan
Testing chambers give Air Innovations new selling point
CICERO — A pair of cargo containers is helping the environmental control system manufacturer Air Innovations impress clients. They’re not just cargo containers, though. The two 160-square-foot shells have been outfitted as a psychrometric testing facility for analyzing equipment at temperatures ranging from 0 degrees to 120 degrees Fahrenheit. “It goes a long way in
Tech law center aims for permanent funding
SYRACUSE — The New York State Science and Technology Law Center at the Syracuse University (SU) College of Law is campaigning to gain permanent funding from the state. The center has been funded since 2004 through a series of legislative member items secured by Assemblyman William Magnarelli, says Theodore Hagelin, a professor at the law school
Laboratory Alliance opens Cazenovia patient-service center
CAZENOVIA — Laboratory Alliance of Central New York, LLC is watching the number of people walking in the door of a patient-service center it recently opened in Cazenovia. “Every week we’re looking at patient volumes,” says Anne Marie Mullin, senior vice president of Laboratory Alliance, which is based in suite 300 at 1304 Buckley Road
BlueRock expands in Buffalo, prepares to launch in Pa.
SYRACUSE — BlueRock Energy, Inc. is expanding its business in the Buffalo market and is on track to push into Pennsylvania in 2013. The company added a new energy supply consultant, Tim Neal, in Buffalo in October after splitting the market into two territories because of growth. The firm now has two employees in Buffalo
NBT Bancorp had its eye on Syracuse market before acquisition
Editor’s Note: The Newsmaker Interview portion of Financial Quarterly features a conversation with a CEO of a major Central New York business every quarter. The story discusses key financial issues affecting the newsmaker’s company and industry. SYRACUSE — Leaders at NBT Bancorp, Inc. (NASDAQ: NBTB) have long had their eyes on the Syracuse
Editor’s note: The Investment Q&A feature appears regularly in our Financial Quarterly publication, spotlighting area investment professionals and their views on the markets and investments. In this issue, Jim Burns, president of J.W. Burns & Company in DeWitt, chatted with Adam Rombel, editor-in-chief, via phone on Nov. 2, several days before the presidential and Congressional
Delmonico turns to small, family businesses for growth
SYRACUSE — A focus on the family has helped Delmonico Insurance Agency grow — a focus on family-owned businesses that is. “It’s client acquisition, picking
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