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KeyCorp’s Q3 profit jumps 55 percent, beats analysts’ expectations

KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income. KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks […]

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NBT Bancorp boosts quarterly dividend by nearly 4 percent

NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the fourth quarter. The payment is unchanged from the last quarter but up by 3.7 percent from 27 cents a share in the fourth quarter of 2020.  The Norwich–based

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CCNY Tech leases more than 16,000 square feet of space in New Hartford

NEW HARTFORD, N.Y. — CCNY Tech recently leased 16,099 square feet of space for its headquarters at 145 New Hartford St. in New Hartford. Mike Conley, Jeff D’Amore & James Furney from Cushman & Wakefield/Pyramid Brokerage Company helped negotiate the lease and arrange the transaction. Conley represented the landlord, while D’Amore and James Furney represented

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Auburn’s new public-safety building project was a long-term effort

AUBURN, N.Y. — Auburn Mayor Michael Quill said the city’s new $10 million shared public-safety building has been “many, many years in the making.” Auburn, a 2018 winner of the state’s Downtown Revitalization Initiative (DRI), used a portion of its $10 million prize to “make it happen” Quill said. “With this project, we have moved

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Golden Artist Colors becomes 100-percent employee-owned

COLUMBUS, N.Y. — Golden Artist Colors, Inc., a global manufacturer of professional artist paints, recently announced that it has become a 100-percent employee-owned company. This transaction, which went into effect on Oct. 1, concludes a plan put in place in 2002, when the company implemented an employee stock-ownership plan (ESOP) for staff. By May 2010,

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Airtonomy looks ahead after winning Genius NY’s top prize

SYRACUSE, N.Y. — A business from Grand Forks, North Dakota recently captured the $1 million grand prize in round five of the Genius NY accelerator competition.  Genius NY stands for Growing ENtrepreneurs & Innovators in UpState New York. The firm called Airtonomy, which was started in 2018 and has 25 employees, enables anyone to collect

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Rampage Strength & Conditioning finds permanent home

EAST SYRACUSE, N.Y. — Less than a day after seeing the potential permanent home for Rampage Strength and Conditioning for the first time, Ben Rayland, business owner and personal trainer, put in an offer.  Rayland signed a seven-year lease on the 6,000-square-foot facility at 6519 Basile Row in East Syracuse in June and has been

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Community Foundation appoints three to Black Equity & Excellence Fund Advisory Council

SYRACUSE, N.Y. — The Central New York Community Foundation recently announced it has welcomed three new members to its Black Equity & Excellence Advisory Council — Me’Shae Brooks-Rolling, Cal Corriders, and Lekia K. Hill.  The advisory council is charged with reviewing grant proposals and making funding recommendations as well as “identifying gaps and opportunities to

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