The Buffalo News : Business Today

Wednesday, February 10, 2010

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Business & Finance

Five Star Bank parent reports profit

The parent of Five Star Bank swung back to a profit for the fourth quarter and full year of 2009, as total revenues, deposits and loans all rose while credit issues remained low. (Updated: 01/28/10 2:26 PM )

First Niagara profits rise 37.3% in fourth quarter to $31.3 million

First Niagara Financial Group capped off a “highly successful 2009” by posting a 37.3 percent increase in fourth-quarter operating profits, pushing income for the year over $100 million on strong loan and deposit growth and an acquisition. (Updated: 01/22/10 7:32 AM )

First Niagara ends year with soaring profits

First Niagara Financial Group capped off what it called a "highly successful 2009" by posting a 37.3 percent increase in fourth-quarter operating profits, pushing income for the year over $100 million on strong loan and deposit growth and an acquisition in Pennsylvania. (Updated: 01/21/10 11:20 AM )

Executive trading

Here are the week’s reports of trading in the stocks of local companies or in the companies that have significant local operations, by directors and executives of the companies: (Updated: 11/08/09 8:24 AM )

(Updated: 10/24/09 8:25 AM )

Seeking a break to expand

WHEATFIELD — A company that produces hydroponic equipment for greenhouses is seeking to build a larger plant with help from a tax break from the Niagara County Industrial Development Agency. (Updated: 10/21/09 7:15 AM )

E&E increases dividend 5%

Ecology&Environment has increased its semi-annual dividend by 5 percent to 21 cents per share, the Lancaster-based environmental services firm said Tuesday. (Updated: 10/21/09 6:55 AM )

Executive trading

Here are the week’s reports of trading in the stocks of local companies or in the companies that have significant local operations, by directors and executives of the companies: (Updated: 10/18/09 6:37 AM )

The Buffalo News Sports team

Join us online this Sunday just before the Bills/Browns game. (Updated: 10/11/09 7:19 AM )

GM’s U. S. sales chief leaving

DETROIT (AP)—Less than a week after reporting a sharp drop in September sales, GM said its U. S. sales chief is leaving as the automaker struggles to prop up its falling share of the market. (Updated: 10/08/09 6:50 AM )

Company items

On the Record / September 25, 2009 (Updated: 09/25/09 6:50 AM )

Cleveland BioLabs gets fund boost

Cleveland BioLabs is picking up an additional $2.3 million in funding from the federal government to help develop one of its drugs that could be used to reduce the side effects from radiation exposure. (Updated: 09/25/09 6:50 AM )

Changes to 529 plans?

WASHINGTON(AP)—The Obama administration wants states to make changes to college savings plans that it hopes will expand their use by middle class families. (Updated: 09/10/09 7:02 AM )

Citi raises salaries

WASHINGTON—Citigroup Inc. is increasing the base salaries of many employees—reportedly by as much as 50 percent for some workers—as it restructures their compensation amid government restrictions on bonuses. (Updated: 06/25/09 7:01 AM )

SBA changes policy

A permanent change to a long-standing Small Business Administration program means small companies can now refinance existing loans used to purchase real estate and other fixed assets, helping their ability to grow. (Updated: 06/25/09 7:01 AM )

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