Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
What's New
Upcoming Events
CNYBJ Job Board
Industries
D’Arcangelo & Co. merges with Syracuse accounting firm
UTICA — It started as a casual encounter at a Syracuse Chiefs game, but the end result is the merger of two established Central New
Oneida Financial’s quarterly, annual earnings rise
ONEIDA — Earnings rose in the fourth quarter and for all of 2011 at Oneida Financial Corp. (NASDAQ: ONFC) as interest income and non-interest income both increased and credit quality improved. Oneida Financial, the parent company for the Oneida Savings Bank, reported fourth-quarter net income of $1.7 million, or 24 cents per share, up from $1.5
Mang Insurance acquires agency in Montgomery County
FORT PLAIN — NBT Bancorp subsidiary Mang Insurance Agency, LLC has acquired Harvey-Triumpho Insurance Agency of Fort Plain. Going forward, the agency will do business
Berkshire Hills Bancorp profit jumps
Fourth-quarter earnings per share rose nearly 54 percent at Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB), as the company generated organic growth and reaped the benefits
NBT profit dips in 4th quarter, but annual net income rises
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out 2011 with the second-highest annual earnings in the company’s history, but saw its earnings slip in the fourth quarter. For the fourth quarter of 2011, NBT reported net income of $13.7 million, or 41 cents per share, down 4.9 percent from $14.4 million, or 42 cents,
U.S. Green Building Council head to attend Hotel Skyler LEED ceremony
SYRACUSE — The head of the U.S. Green Building Council will be on hand in mid-February to help recognize Hotel Skyler for its green design and construction. S. Richard Fedrizzi, the founding chair of the Washington, D.C.–based Green Building Council and the organization’s president and CEO, will help honor Hotel Skyler for receiving the council’s
Anaren cuts jobs as profit, sales decline
DeWITT — Declining sales and profit forced job cuts at DeWitt–based Anaren, Inc. (NASDAQ: ANEN) in recent months. The company has reduced its workforce of 1,000 employees by 15 percent since July, saving about $5 million on salaries and benefits. Anaren, which has locations in the Syracuse area, New Hampshire, Colorado, and China, did not
Tompkins Financial makes push into SE Pennsylvania market
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) has some specific qualities it looks for in acquisitions, President and CEO Stephen Romaine says. “Things that are five or 10 years, short-lived, or things that are white hot,” Romaine explains. “Those are things that are not really on our radar screen.” Instead, the Ithaca–based banking company
First Niagara plans pause in acquisitions
First Niagara Financial Group, Inc. (NASDAQ: FNFG) plans to slow down its recent run of acquisitions and focus on running its business more effectively and efficiently. “It’s time for us to hit the pause button on M&A and ensure we deliver on the promise,” President and CEO John Koelmel said during a Jan. 26 conference
Report: Health-care law increased insurance coverage of 19- to 25-year-olds
The 2010 federal health-care reform law has increased the portion of young adults with health-insurance coverage, according to a national report from the Employee Benefit Research Institute (EBRI). The percentage of individuals ages 19-25 with private health-insurance coverage rose from 51 percent in 2010 to 55.8 percent in the first six months of 2011, according
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.