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New York’s initial jobless claims drop 12 percent
The number of people applying for new unemployment-insurance benefits in New York state in the week ended July 13, fell by 4,743, or 12 percent,
Berkshire Bank to acquire 11 Bank of America branches in Utica–Rome area
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its banking subsidiary, Berkshire Bank, has agreed to acquire 20 retail bank branches in New York
NBT Bancorp net income jumps in second quarter
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) reported net income of $16.9 million in the second quarter, up from $7.6 million in the first quarter
Berkshire Bank parent lowers Q2 earnings forecast, stock falls
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), holding company for Berkshire Bank, said it expects to report core earnings of 48 cents a share in the
New York’s initial unemployment claims jump by 62 percent in latest week
The number of people applying for new unemployment-insurance benefits in New York state in the week ended July 6, soared by 15,163, or 62 percent,
Elmira Savings Bank Q2 profit edges up 1 percent
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) reported that its net income inched up 1 percent in the second quarter, led by a reduction in
NYISO names Cheryl Hussey chief financial officer
The board of directors of the New York Independent System Operator (NYISO), the nonprofit that operates New York state’s power grid, has named Cheryl Hussey
M&T Bank profit jumps nearly 50 percent
M&T Bank Corp., Central New York’s largest bank ranked by deposit market share, today reported that its second-quarter net income increased 49 percent, boosted by
Lockheed Martin announces 300 layoffs companywide
SALINA — Defense contractor Lockheed Martin Corp. (NYSE: LMT) today announced it is cutting 300 jobs in its Mission Systems and Training business in the
Elmira’s Chemung Canal to acquire six Bank of America branches in CNY
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) today announced that its banking subsidiary, Chemung Canal Trust Co., has agreed to buy six Bank of America