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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
ShoreGroup to expand in Onondaga County
SYRACUSE – ShoreGroup, Inc., a New York City-based information-technology company, plans to create 200 jobs new jobs in Onondaga County by the end of 2016.
Tompkins Financial plans Pa. acquisition
ITHACA — A Ithaca–based banking company is expanding into Pennsylvania with an acquisition. Tompkins Financial Corp. (NYSE Amex: TMP) announced plans today to acquire VIST
Profit tumbles more than 74 percent at Anaren
DeWITT — Profit at Anaren, Inc. (NASDAQ: ANEN) slumped nearly 75 percent in the company’s fiscal second quarter to $1.2 million, or 8 cents a
Auburn Memorial Hospital talking partnership with Rochester General Health System
AUBURN — Auburn Memorial Hospital is considering an affiliation with Rochester General Health System. The hospital and health system are starting talks to try to
First Niagara profit rises 27 percent in fourth quarter
First Niagara Financial Group (NASDAQ: FNFG) earned $58.5 million in the fourth quarter, up more than 27 percent from a year earlier. Earnings per share
StartFast accepting applications
SYRACUSE — The StartFast Venture Accelerator, set to launch in May in Syracuse, is now accepting applications for its three-month program. StartFast is part of
University Hospital gives patients remote access to EMRs
SYRACUSE — Upstate University Hospital is rolling out a new system that will allow patients to view their electronic medical records (EMR) from a computer
New Ithaca-area BJ’s Wholesale Club opens
LANSING — BJ’s Wholesale Club, Inc. has opened a new Ithaca-area location in the village of Lansing. The store, which is 85,000 square feet, is
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