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Tompkins Financial boosts quarterly dividend by 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 60 cents a share, up 5.3 percent from 57 cents last quarter. The new dividend is payable on Nov. 15, to common shareholders of record on Nov. 8. At Tompkins’ […]
Dannible & McKee completes acquisition of Auburn CPA firm
SYRACUSE, N.Y. — Dannible & McKee, LLP, a Syracuse–based accounting firm, on Monday said it has completed its acquisition of a firm in Cayuga County.
ConMed sales rise more than 10 percent in Q3
ConMed Corp. (NYSE: CNMD) on Wednesday reported that its net sales rose 10.6 percent to $275.1 million in the third quarter, boosted by acquisitions it
Hamilton College names new chief investment officer
CLINTON, N.Y. — Hamilton College has appointed Lauren Jacobson as chief investment officer to manage its more than $1.3 billion endowment. Jacobson will start in
Lockheed Martin boosts quarterly dividend for Q4
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a fourth-quarter, 2022 dividend of $3 per share, up 7.1 percent from the $2.80 a share that the defense contractor paid in the third quarter of this year. The new dividend is payable on Dec. 30, to holders of record as of the close
Berkshire Bank parent starts search for new CFO
BOSTON — Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent company of Berkshire Bank, has launched a search for a new chief financial officer after CFO
Pinnacle Investments names chief compliance officer
SYRACUSE, N.Y. — Pinnacle Investments, a financial-services firm headquartered in Syracuse, announced it has promoted Monica Coles to chief compliance officer. Prior to joining Pinnacle
Haylor, Freyer & Coon is sold to national insurance firm
SYRACUSE, N.Y. — Haylor, Freyer & Coon, Inc., a 94-year-old Syracuse–based insurance agency, has been sold to Alera Group, an independent national insurance and wealth
First Source’s DeMetri named to American Heart Association’s local board and Circle of Red co-chair
NEW HARTFORD, N.Y. — The American Heart Association’s local board of directors has appointed Amy DeMetri, executive VP of First Source Federal Credit Union, as a board member. In addition, she has been appointed to a leadership role for this year’s Go Red for Women’s “Circle of Red” committee, according to a First Source news
Consumer debt increases as pandemic winds down
New York has the fourth highest houshold debt in the nation, with average debt climbing to $53,830 at the end of 2021, according to a recent report by New York State Comptroller Thomas P. DiNapoli. National household debt totaled $15.6 trillion with New York households accounting for $869.4 billion, or 5.6 percent, of that. That places the Empire
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