Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed Martin expects to close Sikorsky acquisition on Friday
Lockheed Martin Corp. (NYSE: LMT) anticipates closing its acquisition of Sikorsky Aircraft Corp. on Friday. The ministry of commerce of the People’s Republic of China
On Point for College names Rowser executive director
SYRACUSE, N.Y. — On Point for College — a Syracuse–based, nonprofit organization that helps inner-city youth overcome personal and financial hurdles to attend and succeed
Carrols posts Q3 profit, raises guidance
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the world’s largest Burger King franchisee, reported net income of $7.2 million, or 16 cents per
Lockheed to use $4.6M contract to help develop small unmanned-aircraft system
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) will use a $4.6 million federal contract for the “continued development” of a maritime, canister-launched small unmanned-aircraft
Entergy to close Fitzpatrick nuclear-power plant in Oswego County
SCRIBA, N.Y. — Entergy Corp. (NYSE: ETR) will close the James A. FitzPatrick Nuclear Power Plant in Scriba in late 2016 or early 2017. The
After the incidents of Legionnaires’ disease at St. Joseph’s Hospital Health Center and elsewhere in New York, at least one federal lawmaker wants more federal
Tompkins Financial boosts quarterly dividend by 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced that its board of directors has increased its regular quarterly cash dividend to 44 cents per
Chemung Financial posts Q3 profit of nearly $2.5 million
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported net income of $2.45 million, or 52 cents a
KeyCorp to acquire First Niagara Financial Group in $4 billion deal
KeyCorp (NYSE: KEY) has agreed to acquire First Niagara Financial Group Inc. (NASDAQ: FNFG) in a cash and stock transaction valued at about $4.1 billion.
DeWITT, N.Y. — Construction continues on the facility that will house Soraa, a light-emitting diode (LED) lighting company relocating from California to DeWitt. The
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.