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Five Star Bank parent company to pay Q2 dividend in early July

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the second-quarter dividend on July 3, to shareholders of record on June 15.  At the banking

Lockheed Martin

Lockheed Martin to pay Q3 dividend of $3 a share in late September

The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis.  Lockheed

Wolfspeed secures financing for expansion efforts

MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a

Area hospitals hope for employee return with end of vaccine mandate

In the wake of news that the state will no longer enforce the COVID-19 vaccine mandate for health-care workers as it works to repeal it, hospitals and health systems in our region are hopeful the news means relief to the chronic worker shortages they face. Those shortages, present before the pandemic began, only worsened as

Bassett, Hartwick partner on simulation lab for residents, nursing students

COOPERSTOWN, N.Y. — Bassett Healthcare Network and Hartwick College are launching joint simulation labs for first-year Bassett residents and nursing students. It marks the first time Bassett residents are partnering with Hartwick nursing students in simulation labs. A total of 23 first-year resident physicians from Bassett Medical Center graduate medical education programs will work with

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