Local Business
Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending May 22. (Updated: 07/06/09 6:54 AM )
On the Record / July 6, 2009 Hires/Promotions/ Honors
Synacor, a Buffalo-based technology company, named Eric Wastl a developer, Tim Kuminecz a graphical user interface engineer, Jim Brandt a lead developer, and Kurt Stangl a product manager, portal components. (Updated: 07/06/09 6:54 AM )
Local focus makes for a full house at resurgent Eastern Hills Mall
A big part of the soundtrack for the recession has been the clanging shut of retail doors, with the growing list of national merchants filing for bankruptcy leaving retail centers struggling to retain occupancy. (Updated: 07/05/09 7:52 AM )
Big rebound puts some spring back in local stocks
After two devastating quarters as the stock market tanked, the Buffalo Portfolio of locally based stocks really needed a big shot in the arm. (Updated: 07/05/09 7:53 AM )
RM Headlee plans move to bigger property
Orchard Park distributor RM Headlee is moving to a larger facility further up California Road, buying a foreclosed property previously occupied by a direct- mail producer while turning its own former building over to a medical services neighbor. (Updated: 07/04/09 6:50 AM )
State hands $277,430 to Buffalo Fire Dept.
The New York State Insurance Department said it has distributed more than $48.5 million to fire departments and districts statewide — including $277,430 to Buffalo — from a program that taxes foreign insurers that write fire insurance in the state. (Updated: 07/04/09 6:50 AM )
A rebirth for Parish Commons
When fire tore through the Parish Commons office complex in the Elmwood Village in November 2007, Dr. Michael D. Calabrese was devastated. (Updated: 07/04/09 8:16 AM )
Exelon raises its offer for NRG
COLUMBUS, Ohio—Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG’s recent deal for Reliant Energy’s Texas retail business. (Updated: 07/03/09 6:56 AM )
Former HoganWillig home sold
A national doctor-owned firm that manages emergency medicine, wellness and other specialist programs has acquired the former home of law firm HoganWillig near University at Buffalo’s North Campus. (Updated: 07/03/09 6:56 AM )
On the Record / July 3, 2009
Hires/Promotions/ Honors (Updated: 07/03/09 6:56 AM )
Fairfield Inn checks in across the street from airport
Fairfield Inn & Suites Buffalo-Airport has opened across Genesee Street from the Buffalo Niagara International Airport, the latest hotel to join that lodging corridor. (Updated: 07/03/09 7:19 AM )
Factory index falls for third month
June turned out to be a terrible month for the Buffalo Niagara region’s manufacturers. (Updated: 07/03/09 6:56 AM )
Servotronics has concerns but remains optimistic
Servotronics, which will celebrate its 50th anniversary in August, is well-positioned to endure the current aerospace industry turmoil, as it supplies parts to both of the leading aircraft makers and expects orders to pick up sharply in coming years, its CEO said Thursday. (Updated: 07/03/09 7:18 AM )
Buffalo stock index declines for week, led by Danaher
NEW YORK (Bloomberg)—Buffalo stocks dropped for the second time in three weeks, led by Danaher Corp. and FMC Corp. (Updated: 07/03/09 6:56 AM )
Local banks, company hit Russell indexes
Two local banks and a manufacturer have been added to three different Russell Investments indices as of June 26, giving the stocks added visibility as part of prominent benchmarks. (Updated: 07/02/09 7:00 AM )
