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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 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
Latest class graduates from FLH College of Nursing
GENEVA, N.Y. — A total of 56 students were pinned and graduated as part of the 14th class of Finger Lakes Health (FLH) College of Nursing & Health Sciences. FLH held its pinning and commencement ceremonies on May 21 at the Smith Center for the Arts in Geneva. The ceremonies were also live streamed on
Guthrie acquisition of Lourdes Hospital to close by early 2024
BINGHAMTON, N.Y. — Guthrie Clinic’s deal to acquire Binghamton’s Our Lady of Lourdes Memorial Hospital (Lourdes Hospital) is expected to close by early 2024, subject to standard regulatory approvals. The purchase includes Our Lady of Lourdes locations and related physician practices. Until that time, Guthrie and Lourdes will continue to operate independently. Sayre, Pennsylvania–based Guthrie
MMRI announces summer fellows at research lab
UTICA, N.Y. — The Masonic Medical Research Institute (MMRI) recently announced the participants in its 2023 summer fellowship program. The scholarship-based program gives college students the opportunity to work at a laboratory while learning from scientists whose biomedical research focuses on cardiovascular, neurological, and autoimmune disorders. “We are thrilled to have these talented students with
Collins named Geneva General Hospital medical-staff chief
GENEVA, N.Y. —Dr. Craig Collins was recently elected chief of staff for the Geneva General Hospital medical staff through April 2025. He will also sit on the board of directors for Finger Lakes Health, the hospital’s parent organization. Collins is a fellow of the American College of Surgeons and the American Society of Colon and
Schumer proposal would mean federal investment for Upstate industrial sites
Schumer spoke at Chapman Park at 1463 Route 31 in the Bridgeport area of the town of Sullivan in Madison County. Schumer said that this
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