Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
ConMed discloses effort to settle with Voce Capital over board-member nomination, Voce rejects
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today announced that a California–based investor rejected its offer regarding the board-member election at
Eastern Shore Associates acquires Cronk Agency of Central Square
FULTON, N.Y. — Eastern Shore Associates Insurance (ESA) has announced its acquisition of the Cronk Agency, Inc., which operates at 647 S. Main St. in
Tompkins Financial announces stock buyback program, reports earnings
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) has authorized the repurchase of up to 400,000 shares of the company’s common stock outstanding. Purchases may
Standard & Poor’s upgrades N.Y. credit rating to AA+
Standard & Poor’s (S&P) Ratings Services last week upgraded New York’s general-obligation (GO) bonds to “AA+” with stable outlook from the previous rating of “AA.”
First Niagara’s second-quarter profit edges up 4 percent
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) today reported that its second-quarter net income increased to $66.2 million, or 19 cents a
N.Y. AG: Tebb’s Head Shops owner pleads guilty in tax-evasion scheme
SYRACUSE, N.Y. — John Tebbetts, the former owner and operator of Tebb’s Headshops, today pleaded guilty to felony charges related to a five-year scheme to
Senators: Upstate steel jobs could benefit from DOC’s move against “unfairly” priced foreign imports
U.S. Customs and Border Protection is collecting cash deposits for estimated antidumping duties, making it costly for companies found dumping to export into the U.S.
POMCO trains 65 new employees to service CO-OP plan
SYRACUSE — POMCO Group, a Syracuse–based third-party administrator of self-funded health-care and risk-management plans, has added 65 new employees at its corporate headquarters as it administers a new plan offered through the Affordable Care Act. “The 65 … are hired. They are in training and they’ll be working within weeks,” says Donald Napier, senior executive
Corasanti steps down as CEO of ConMed, firm appoints interim CEO
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today announced that Joseph (Joe) Corasanti has stepped down as CEO, president, and board
Insurance agency buys Auburn office building for $350,000
AUBURN, N.Y. — John Bouck, owner/broker of Bouck Real Estate, announced the recent sale of the 4,400-square-foot office building located at 126-128 Grant Ave. in
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.