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Monday, February 08, 2010
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ConMed profit plummets

by Traci DeLore

Despite strong fourth-quarter sales at ConMed Corp. (NASDAQ: CNMD) that were higher than last year, profit fell 40.4 percent at the medical-device manufacturer.

ConMed reported net income of about $5 million, or 17 cents per share, on sales of $190.6 million in the fourth quarter of 2009, compared with net income of $8.31 million, or 29 cents per share, on sales of $179.2 million in the year-ago period.

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	Dunkin' Donuts opens in Adams by Traci DeLore
	ADAMS - The village of Adams has its first Dunkin' Donuts location. Managed by Watertown Food Service Group, LLC, the 2,000-square-foot restaurant employs 20 people. Ed Wolak, Roy Clark, and Tom Santurri own the franchise.

	Bonadio Group rolls out Personal CFO service by Eric Reinhardt
	The Bonadio Group today launched a Personal Chief Financial Officer (Personal CFO) service through its wealth-advisors team. The Bonadio Group, a Rochester-based accounting, and business-advisory firm, operates six offices in upstate New York, including Syracuse and Albany.

	Paterson nominates Cornell grad for labor commissioner by Eric Reinhardt
	Gov. David Paterson today announced the nomination of Colleen Crawford Gardner as commissioner of labor. She would replace M. Patricia Smith, who the U.S. Senate today confirmed as solicitor for the U.S. Department of Labor.

	MDA, chamber merger plan heads to members by Kevin Tampone
	The boards of the Metropolitan Development Association of Syracuse and Central New York and the Greater Syracuse Chamber of Commerce have both approved a proposed merger of the two groups. The MDA board voted today and the chamber board on Jan. 25. Both votes were unanimous.

	New nonprofit aims to spark growing firms by Kevin Tampone
	A new nonprofit group has launched to encourage the development and growth of more small, innovative companies in upstate New York. The organization, Upstate Venture Connect, aims to increase connections among mentors, entrepreneurs, and those interested in working for young, growth-oriented firms. Group leaders also want to spark more collaboration among business groups, universities, and economic development organizations.

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Featured Channel

	Banking/Finance Bonadio Group rolls out Personal CFO service
	The Bonadio Group today launched a Personal Chief Financial Officer (Personal CFO) service through its wealth-advisors team. The Bonadio Group, a Rochester-based accounting, and business-advisory firm, operates six offices in upstate New York, including Syracuse and Albany.

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OPINIONS

From The Publisher

	Head Start: $151.7 billion down the drain
	We must eliminate “... government programs shown to be wasteful or ineffective … there will be no sacred cows or pet projects.” — President Barack Obama, weekly address (4/18/09) According to the U.S. Government Accountability Office, the federal government spent $25 billion in fiscal year 2008 on 69 early education and child-care programs. The best-known program is Head Start, which currently serves approximately 900,000 pre-school children at an annual cost of $7 billion.

Rombel on business blog

	The deceiving blowout GDP number
	The nation's GDP jumped 5.7 percent in the fourth quarter of 2009, the U.S. government reported this morning. Great news, right? The number is not as strong as it seems.

VIEWPOINTS/OP-EDS

	Reflecting on 2009 Returns Provides Lessons Going Forward
	Many are breathing a sigh of relief after participating in the largest stock-market roller coaster since the Great Depression. Others bailed out at the wrong time and are unsure whether they will ever recover their nest egg. A valuable exercise early in a new year is to review your investment returns in light of what occurred in the broader asset classes.

On The Move

	PEOPLE ON THE MOVE - GB - 2-1-2010
	ARCHITECTS Bearsch Compeau Knudson Architects & Engineers PC had two projects selected for publication in the American School & University 2009 Architectural Portfolio. The projects — Vestal High School additions and alterations and DCMO BOCES additions and alterations — were featured in the November 2009 edition of the magazine and also on the Web at www.SchoolDesigns.com. Submissions were evaluated by a jury of American Institute of Architects Committee on Architecture for Education members and education administrators.

Market Research

Top Ranks Lists
The 2008 Book of Lists electronic edition may be downloaded in Excel format. These 57 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.

Keuka College

American heart Vertical