Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
International Wire sales, profit fall in Q1
CAMDEN — International Wire Group Holdings, Inc. (Pink Sheets: ITWG), a Camden–based manufacturer and marketer of wire products, reported that its operating income fell nearly
Community Bank announces dividend, annual meeting results
DeWITT — Community Bank System, Inc. (NYSE: CBU) announced that its board of directors has declared a quarterly cash dividend of 27 cents a share.
NBT declares quarterly dividend, amends bylaws
NORWICH — The board of directors of NBT Bancorp (NASDAQ: NBTB) has again declared a quarterly cash dividend of 20 cents a share on its
Hardinge to acquire Forkardt for $34 million
ELMIRA — Hardinge Inc. (NASDAQ: HDNG), a global manufacturer of metal-cutting tools, announced today that it has agreed to acquire Michigan–based Forkardt from Illinois Tool
Carrols reports $5.2 million loss in Q1
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) today reported a first-quarter net loss from continuing operations of $5.2 million, or 23 cents a share,
New York posts drop in initial unemployment claims
In New York state, 6,443 fewer people filed for first-time unemployment-insurance benefits in the week ending April 20 compared to the week before, according to
Chemung Financial profit falls 33 percent in Q1
ELMIRA — Chemung Financial Corp., parent company of Chemung Canal Trust Co., reported that its first-quarter net income fell 33 percent to $2.4 million, or
Community Bank profit rises almost 8 percent in Q1
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported first-quarter net income of $20.2 million, up 7.5 percent from $18.8 million in the year-ago period
Tompkins Financial profit rises in first quarter
ITHACA — Tompkins Financial Corp. (stock ticker: TMP) reported net income of $11.5 million in the first quarter, up 47 percent from $7.8 million a
Bonadio Group makes first acquisition outside New York state
The Bonadio Group, which has used acquisitions to grow to become upstate New York’s largest independent accounting firm, is acquiring a Vermont firm for its