Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Q1 profit moves higher at Community Bank System
DeWITT — Profit at Community Bank System, Inc. (NYSE: CBU) rose 16.5 percent in the first quarter to $18.8 million, or 48 cents per share.
Profit, sales dive again at DeWitt’s Anaren
DeWITT — Profit fell more than 41 percent in the latest quarter at Anaren, Inc. (NASDAQ: ANEN) of DeWitt. The company earned $2 million in
Weak economy pushes earnings down at Tompkins Financial
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) earned $7.8 million in the first quarter, down 11 percent from a year earlier. Earnings per share
Delta to add service to Minneapolis-St. Paul from Hancock
SYRACUSE — Delta Air Lines will launch direct service from Syracuse Hancock International Airport to Minneapolis-St. Paul International Airport in September. The service will start
Inficon profit up 3 percent in first quarter
DeWITT — Inficon (SIX Swiss Exchange: IFCN) earned $10.3 million in the first quarter, up slightly from $10 million a year earlier. Earnings per share
Key Q1 net income moves higher
Net income from continuing operations attributable to common shareholders at KeyCorp (NYSE: KEY) totaled $199 million, or 21 cents per share, in the first quarter.
Net income available to common shareholders at First Niagara Financial Group, Inc. (NASDAQ: FNFG) totaled $54.8 million in the first quarter, up from $44.9 million
CICERO — Nonprofit research and development corporation SRC, Inc. will cut 35 jobs this week as a result of delays and reductions in government contracts.
Upstate’s mood on real estate improved in Q1
Upstate consumers raised their opinion of the real estate market in the first quarter of 2012, looking forward to a brighter future despite ongoing pessimism
Net income slides in Q1 at Alliance Financial
SYRACUSE — Profit at Syracuse–based Alliance Financial Corp. (NASDAQ: ALNC) fell more than 21 percent in the first quarter to $2.6 million, or 55 cents