M and T to buy Premier National Bancorp for 342 million
M T Bank Corp plans to acquire Premier National Bancorp of Hudson Valley for 342 million, creating the largest depository institution in the mid Hudson area once regulators approve. The deal would merge Premier National with MET, strengthening M T Bank’s regional footprint.
MENTIONED IN THIS ARTICLE
M&t
Premier National
M&t Bank Corp
Premier National Bancorp
Hudson Valley
Uivevlors
Iuink
MET
Mid- Hudson
Syracuse
OnBank
First Niagara closes purchase of CNY Financial
First Niagara Financial completes an 87.9 million acquisition of Cortland Savings Bank parent CNY Financial. Cortland First will keep its name as a subsidiary of First Niagara. The bank also plans to buy Iroquois Bancorp, parent of Cayuga Bank and The Homestead Savings Bank.
MENTIONED IN THIS ARTICLE
First Niagara Financial
Cortland Savings Bank
CNY Financial
Cortland First
Pirst Niagara
Furst. Niagara
Lockport
Iroquais Bancorp
Cayuga Bank
Homestead Savings Bank
Auburn
EADS Opens Higher Then Falls Amid Volatile Debut
European Aeronautic Defense and Space Co. known as EADS started trading at 19 euros in Paris and Frankfurt, declined to 17.25 euros by close. The stock faced profit taking despite strong demand, with initial estimates around 22 euros.
MENTIONED IN THIS ARTICLE
European Aronautic Defense and Space Co
Boeing
Paris
Frankfurt
EADS
FTC sues Toysmart.com over customer data promises
The Federal Trade Commission filed a lawsuit against Toysmart.com alleging the bankrupt online toy retailer violated a promise not to share private customer information. Toysmart, majority owned by Disney, ceased operations in May and sought bids for its assets, including customer lists and profiles.
MENTIONED IN THIS ARTICLE
Federal
Tradc Commission
Toysmart.com
Toysmart
Walt Disney Co
Executives Named To Posts At Kionix Cayuga Bank Cablexpress Thermopatch
Lloyd A Johnson joins Kionix Inc in Ithaca as vice president of operations overseeing project development orders and product quality. Jody Welke promoted to Cayuga Bank assistant manager in Auburn managing daily operations and customer service. Shelby Thayer advances to market development specialist at Cablexpress Technologies in East Syracuse to lead marketing plans. Robert M Vault promoted to manufacturing manager at Thermopatch Corp overseeing machine manufacturing assembly and finish work for textile and garment industries.
MENTIONED IN THIS ARTICLE
Lloyd A. Johnson
Manlius
Kionix Inc
Johnson
Kionix
Ithaca
Carlyle Compressor
Carrier Corp
Jody Welke
Auburn
Cayuga Bank
Wejke
Wejko
National Bank of Auburn
Shelby Thayer
East Syracuse
Cablexpress Technologies
Thayer
Compa
Thermopatch Corp
Vault
Thermopatch
Smokers seek record 196 billion in Florida tobacco trial
In the landmark class action, Florida sick smokers ask jurors for 196 billion in punitive damages against the nation's five largest cigarette makers. Closing arguments begin as the panel weighs how much punishment fits decades of alleged deceit and harm. The case follows years of court rulings, with compensatory damages already totaling 12.7 million to three plaintiffs.
MENTIONED IN THIS ARTICLE
Miami
Stanley Rosenblatt
Florida
U.S
General Motors
California
Rosenblatt
Tobacco
Wall Street
Robert Kaye
Auditing firm settles investors' suit for 11.4 million
Mahoney Cohen & Co, the New York City auditing firm, will pay 11.4 million to Bennett Funding investors after a settlement agreement noted by trustee Richard C. Breeden. The firm denies wrongdoing and pending court approvals remain as funds are distributed after legal fees. Former Bennett officers pleaded guilty in federal court to conspiracy and fraud charges connected to the 1990s scheme.
MENTIONED IN THIS ARTICLE
Bennett Companies
Bennett
New York City
Mahoney Cohen & Co
Randall Berger
Richard C. Breeden
Bennett Investments
Generali
U.S
Assicurazioni Generali Spa
Last
Bennett Funding Group
Syracuse
William Russell
U.S. Securities
U.S. District Court
Manhattan
Potter Book Boom Drives Record Bookstore Sales
Over the weekend Potter fans flocked to stores and online retailers fueling a record surge in sales for the fourth book in the series. Scholastic plans about 2 million more copies after moving 3.8 million in the first U.S. run, Barnes & Noble reported its biggest weekend ever with 502,000 copies sold, and Amazon logged 389,000 orders. FedEx delivered 250,000 copies for Amazon on Saturday.
MENTIONED IN THIS ARTICLE
New York
U.S
Golwinsche Inc
Scholastic
Barnes & Noble Inc
Iine
Cen Ai
FedEx Corp
Amazon
Onondaga Music Services to Close After 84 Years in Syracuse
Bruce E. Bush, owner since 1992, will liquidate inventory and close Onondaga Music Services of Central New York Inc. on August 3 after 84 years in business. He cites debt, reduced staff, and online competition as factors while noting customer support and community presence through the years.
MENTIONED IN THIS ARTICLE
Onondaga Music Services of
Central New York
Armory Square
Erie Blvd
Syracuse
Bush
Rochester
Onondaga Music
WVE
Gersony
Also Mentioned on This Page
First Niagara
No. 3 Aerospace Company
FTC
Dow Jones
Tate AD
Nene
Jamesville
Bruce Button
Lee Trade Shows Inc
Button
Amazon.com
Brenda Walker
Borders Books and Music Store
Barbersville
W.va
Close
Elizabeth Doran
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