Blue Ocean’s Sarenski discusses how things have changed since recession, market downturn
SYRACUSE — Theodore (Ted) J. Sarenski, president and CEO of Blue Ocean Strategic Capital, LLC in Syracuse, says the 2007-2009 financial-market downturn, when stocks fell by more than 50 percent, cau Read More
First Niagara generates strong loan growth in second quarter
BUFFALO — First Niagara Financial Group, Inc. (NASDAQ: FNFG) generated substantial loan growth in the second quarter across its various product lines and markets, the banking company reported on July Read More
Tompkins Financial Q2 profit rises almost 19 percent
ITHACA — Tompkins Financial Corp. (NYSE: TMP) reported net income of $13.1 million in the second quarter, up nearly 19 percent from $11 million in the year-ago period. Diluted earnings per share tota Read More
Elmira Savings Bank names Carr CEO, succeeding Hosey
ELMIRA — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has appointed Thomas M. Carr as CEO. He has been serving as president and chief operating officer since April, 2013. Carr first jo Read More
Eastern Shore Associates acquires Cronk Agency of Central Square
FULTON — Eastern Shore Associates Insurance (ESA) has announced its acquisition of the Cronk Agency, Inc., which operates at 647 S. Main St. in Central Square. ESA’s acquisition included Cronk’s prop Read More
How to manage a financial windfall
People come into money in various ways, from happy winnings to uncomfortable settlements. Regardless, whether your windfall comes from a legal settlement, insurance claim, inheritance, or lottery priz Read More
The Wealth of Nations is Their Freedom
In 1776, Adam Smith in, “The Wealth of Nations,” theorized that “When institutions protect the liberty of individuals, greater prosperity results for all.” Institutions are significant national practi Read More
Oneida Wealth Management becomes independent broker dealer
CLAY — Oneida Wealth Management, Inc. is in the home stretch of a nearly two-year process to reorganize the business and become its own registered broker/dealer and investment advisory firm. That mea Read More
Small Business Lags Behind in Weak Economic Recovery
While GDP growth rebounded slightly in the second quarter, it is quite clear that 2014 will likely be just another sub-par year of growth and low small-business optimism. Consumer spending has been w Read More
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