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Law, Accounting & Taxes

PAR Technology net loss widens in first quarter

Casciano discusses revenue trends on conference call NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) on May 1 reported a net loss from continuing operations of $989,000, or 6 cents per share, in the first quarter that ended March 31. That figure was worse than the net loss from continuing operations of $369,000, or 2 […]

First Niagara says private insurance exchange will give employer clients more options

BUFFALO — First Niagara Benefits Consulting (FNBC), a division of First Niagara Risk Management, Inc., last month announced its launch of a private-insurance exchange. FNBC will offer the First Niagara Benefits Exchange to companies that employ 100 people or more. The exchange “can accommodate a wide range of employer-contribution approaches to offering employee benefits,” First

Former Upstate Medical in-house attorney joins Bond, Schoeneck & King

SYRACUSE — Regina Spause McGraw, former senior managing counsel at SUNY Upstate Medical University, has joined Bond, Schoeneck & King PLLC. McGraw, who is also a registered nurse, will work in the Syracuse–based law firm’s health-care practice group. As an in-house lawyer for an academic medical center, she brings broad experience on a wide range

Prudential Empire State Agency receives President’s Trophy for third year

DeWITT — The Prudential Empire State Agency announced it has received the President’s Trophy, a distinction given to the top agency in the Prudential Insurance Company’s national sales organization The Empire State Agency said it won the honor for the third straight year for its “outstanding sales performance and service to the community.” The President’s

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Mirabito acquires Manley’s Mighty Marts

BINGHAMTON — The Mirabito family of companies has acquired the Manley’s Mighty Marts convenience store and gas station chain in the Southern Tier.  The acquisition closed on April 28, says Jason Mirabito, vice president of sales and marketing at Mirabito. Financial terms were not disclosed. “We’re acquiring the operations,” he says, noting the details of

Siena survey: New York real-estate sentiment ‘strong’

New York state consumers’ assessment of the real-estate market remains “strong” and they expect further growth in property values. That’s according to Donald Levy, director of the Siena (College) Research Institute (SRI), which released its latest survey report of consumer real-estate sentiment in the Empire State on April 17. “Looking back over the last year,

Chase creates new upstate market, names market leader

SYRACUSE — JPMorgan Chase Bank recently reunited upstate communities into its new upstate New York market and tapped William Dehmer to lead the new market. The commercial banking middle market region combines seven markets — Albany, Syracuse, Rochester, Buffalo, Elmira, Western New England, and Northern Pennsylvania. The move makes sense for a number of reasons,

Chase business leaders survey shows optimistic outlook

The 2014 Chase Business Leaders Outlook shows increased optimism from U.S. and New York business leaders, which should translate into an equally optimistic outlook for the banking industry, the banking company says. Chase surveyed 3,500 business leaders and found that 73 percent of middle market companies (those with annual revenue between $20 million and $500

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