Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Pinckney Hugo marks 10 years of double-digit growth
How does a company get listed on the Inc. 5000 list six years in a row? For the Syracuse–based marketing-communications firm Pinckney Hugo Group (PHG), LLC, the answer is to post average annual, compounded revenue growth of 25 percent to 30 percent. “Capitalized billings are now $38 million with gross revenues running at $15 million […]
Anaren reports decline in sales and profit
DeWITT — A nearly 20 percent drop in sales resulted in a more than 30 percent profit plunge in the fiscal fourth quarter at Anaren, Inc. (NASDAQ; ANEN), which reported its earnings Aug. 6 after the market close. Anaren’s net sales for the quarter ending June 30 fell 19.1 percent to $38.2 million from $47.2 million
SUNY Upstate completes work on Geneva Tower residence hall
SYRACUSE — The State University of New York (SUNY) Upstate Medical University completed surgery on a high-rise in Syracuse, converting it from the vacant Townsend Tower into a residence hall it now calls Geneva Tower. The building, which officially opened Aug. 2 at 500 Harrison St., now holds 139 apartments in one-bedroom, two-bedroom, and four-bedroom
Study: In 2011, more than half of doctors adopted an EHR system
Last year, 55 percent of physicians had adopted an electronic health record (EHR) system. That’s according to a study report issued this July by the National Center for Health Statistics (NCHS) unit of the Centers for Disease Control and Prevention. Younger doctors are embracing EHR at higher rates, according to the study. It found that
New York Brace Systems bolsters doctors, patients
SYRACUSE — A new orthopedic-equipment provider in Syracuse aims to lend doctors a crutch and support patients who are learning how to strap on their knee braces. New York Brace Systems specializes in equipment ranging from splints to continuous passive-motion machines, which move joints following surgery. The equipment provider, which is located in suite 112
Financial Quarterly Investment Panel
Editor’s Note: The Investment Panel feature appears regularly in our Financial Quarterly publication, spotlighting area investment professionals and their views on the markets and investments. In this issue, we chat with Jim Burns and John Lombardo. We interviewed them separately via telephone, but asked the same questions. James (Jim) Burns, president of J.W. Burns
Beacon acquisition makes Berkshire Hills a player in Central New York
Editor’s Note: The Newsmaker Interview portion of Financial Quarterly features a conversation with a CEO of a major Central New York business every quarter. The story discusses key financial issues affecting the newsmaker’s company and industry. By Kevin Tampone Journal Staff DeWITT — A new bank is moving into the region in a
Oswego County FCU to build new branch office
OSWEGO — Oswego County Federal Credit Union (OCFCU) recently announced that it is proceeding with construction of a new office on the corner of East
Ridgeway and Conger starts My Eagle Trader.com
NEW WOODSTOCK — Broker-dealer Ridgeway and Conger, Inc. recently launched an online investment platform, My Eagle Trader.com. The platform offers home investors the resources to
IVMF at SU appoints VMI professor as senior fellow
SYRACUSE — The Institute for Veterans and Military Families (IVMF) at Syracuse University has added a senior fellow who is a professor of English and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.