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St. Joseph’s ready to open emergency services building
SYRACUSE — St. Joseph’s Hospital Health Center prepared to open a new emergency services building by holding a ribbon cutting and blessing ceremony this morning.
Gentiva Health Services moving Oswego office
OSWEGO — Gentiva Health Services will relocate its Oswego office in February. Gentiva, a national home health and hospice company based in Atlanta, will move
Profit at Alliance unchanged in Q4, earnings rise in 2011
SYRACUSE – Alliance Financial Corp. (NASDAQ: ALNC) earned $2.8 million in the fourth quarter, unchanged from a year earlier. Earnings per share in the period
NBT profit slips in 4th quarter, but annual net income rises
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out 2011 with the second-highest annual earnings in the company’s history, but saw its earnings slip in the fourth quarter. For the fourth quarter of 2011, NBT reported net income of $13.7 million, or 41 cents per share, down 4.9 percent from $14.4 million, or 42 cents,
Coughlin & Gerhart opens consolidated Bainbridge office
BAINBRIDGE — Coughlin & Gerhart, L.L.P. has combined its Afton and Unadilla branches into one new location at 29 N. Main St. in Bainbridge in the former offices of attorney David DeClue. The new centrally located office will better serve clients in the tri-town area, company officials said in a news release, announcing the change.
CPC closes on $9 million loan to transform former mill building in Frankin Square
SYRACUSE — The Community Preservation Corporation (CPC) has closed on a $9 million Freddie Mac loan for Franklin View Apartments, a former mill building that was transformed into a mixed-use complex of rental apartments and office/warehouse space. Located at 717 N. Clinton St. in the Lakefront area of Franklin Square, the complex is comprised of
Brand-Yourself named a finalist for SXSW event
SYRACUSE — Syracuse–based startup Brand-Yourself is one of 56 finalists in the fourth annual SXSW Accelerator program.Accelerator is part of the SXSW Interactive Festival, the technology focused piece of the sprawling annual SXSW event, which also covers film and music. The events will all take place in March in Austin, Texas.The Accelerator companies will present
M&T profit slips in 4th quarter
A combination of one-time items helped push profit down at M&T Bank Corp. (NYSE: MTB) in the fourth quarter, but full-year earnings for 2011 rose more than 16 percent. Buffalo–based M&T earned $148 million, or $1.04 per share, in the fourth quarter, down from $204 million, or $1.59 per share, a year earlier. For the
HSBC, First Niagara deal is ‘attractive,’ CEO says
DeWITT — The addition of 19 branches from HSBC and First Niagara Financial Group, Inc. will strengthen core upstate New York markets for Community Bank System, Inc. (NYSE: CBU), the company’s CEO said. DeWitt–based Community Bank System announced plans Jan. 20 to acquire the 19 branches for a deposit premium of 3.22 percent. The deal,
New branches to boost Key in upstate New York
The acquisition of 37 HSBC branches in the Buffalo and Rochester areas will strengthen KeyBank’s business in upstate New York, KeyCorp (NYSE: KEY) Chairwoman and CEO Beth Mooney said in a conference call Jan. 24. Increasing market share and its physical presence in markets over time helps the bank add new clients, increase revenue, and enhances its
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