Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York asks to use federal Medicaid savings on health-care reforms
New York State is asking for permission to use federal Medicaid savings sparked by the state’s Medicaid Redesign Team (MRT) to put that team’s action
Greek Peak files for bankruptcy protection
VIRGIL — Greek Peak Mountain Resort is seeking Chapter 11 bankruptcy protection as it continues its search for a lender to replace the shuttered Tennessee
PAR posts second quarter loss, but revenue improves
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) lost $511,000 from continuing operations in the second quarter. That’s improved from a net loss of $17.5
First Niagara swings to loss with HSBC acquisition costs
First Niagara Financial Group, Inc. (NASDAQ: FNFG) posted a loss during the second quarter thanks mainly to the costs associated with its acquisition of HSBC’s
ConMed Q2 profit jumps, but firm lowers sales forecast slightly
UTICA — Medical technology company ConMed Corp. (NASDAQ: CNMD) reported a 19 percent increase in net income and 20 percent rise in earnings per share in the second quarter on a 3.5 percent increase in total sales. Sales were driven higher by a 7.5 percent climb in revenue from single-use surgical products. However, the Utica–based
PAR leaders optimistic despite Q2 loss
NEW HARTFORD — Despite a second-quarter loss, leaders at PAR Technology Corp. (NYSE: PAR) remain encouraged by the company’s future prospects. PAR lost $511,000 from
PJ Green adds new printing press to enhance offerings
The growing company approaches the 100-employee mark UTICA — A new printing press at PJ Green, Inc. not only allows the company to provide
Oneida Financial profit rises 12 percent, led by rising non-banking revenue
ONEIDA — Net income rose 12 percent in the second quarter at Oneida Financial Corp. (NASDAQ: ONFC), driven primarily by rising fee and commission income
Oswego’s Midtown Plaza sold to Syracuse group
OSWEGO — A real estate development group in Syracuse has acquired Midtown Plaza in Oswego. Sutton Real Estate will manage and lease the property for
SU administrator named to board of national group
SYRACUSE — The secretary to the Syracuse University (SU) board of trustees and the school’s vice president of principal gifts has been elected to the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.