Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Dupli acquires PCI Paper Conversions, will move to PCI office in DeWitt
SYRACUSE, N.Y. — Syracuse–based Dupli Envelope & Graphics has announced the acquisition of PCI Paper Conversions, Inc., which is headquartered in DeWitt. The deal did
Pathfinder says success of stock offering confirms its strategy
OSWEGO — In October, Pathfinder Bancorp, Inc. offered more than 2.6 million shares of its common stock for sale at $10 a share as it pursues its business-diversification strategy. The offering was oversubscribed, generating $37.6 million, and signaled that investors approve of the company’s business direction, according to its leader. Proceeds above the $26.4 million maximum
Lawmakers: Defense bill would give Congress more oversight on DFAS workers in Rome
A defense bill under consideration on Capitol Hill includes language that could alleviate the concerns of hundreds of people who work for the Defense Finance
Bank marketing: What happened to the toasters?
The year was 1979. President Jimmy Carter appointed Paul Volcker as chairman of the board of governors for the Federal Reserve System. Volcker’s challenge was to tame the “stagflation” crisis, which he did by raising the federal funds rate from 11 percent in 1979 to 20 percent in 1981. In the same year, the prime
Community Bank System to pay dividend of 30 cents a share
DeWITT, N.Y. —– Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 30 cents a share on its
Chemung Financial declares dividend of 26 cents
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced Monday that its board of directors has approved a quarterly cash dividend of 26 cents a
People news: Tompkins Trust Company appoints Barreiro as senior trust counsel
ITHACA, N.Y. — Tompkins Trust Company has named Alyssa M. Barreiro as vice president, senior trust counsel for the banking company. She is based at
First Niagara boosts accounting charge to $1.1 billion
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) has increased the non-cash accounting charge it took against its third-quarter earnings to $1.1 billion,
People news: First Niagara names Dempsey corporate controller
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) announced it has named Brian M. Dempsey senior vice president and corporate controller. Dempsey will
Greater Utica Chamber announces 2014 Business of the Year Finalists
UTICA, N.Y. — The Greater Utica Chamber of Commerce announced Monday that it has selected the 10 finalists for the 2014 “Business of the Year
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.