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BNY Mellon’s Central New York region has a new top executive. Frank Behlmer was recently appointed to the newly created role of regional executive for the area, which includes oversight of BNY Mellon operations in Oriskany, Utica, and Syracuse. Behlmer will also continue to serve the company as chief operating officer for global operations.
Alliance Financial Corp. (NASDAQ: ALNC) earned $2.8 million in the fourth quarter, unchanged from a year earlier. Earnings per share in the period totaled 60 cents, up from 59 cents in the fourth quarter of 2010. For the full year in 2011, Alliance earned $13.3 million, or $2.80 per share, up more than 14 percent from 2010.
First Niagara Financial Group (NASDAQ: FNFG) earned $58.5 million in the fourth quarter, up more than 27 percent from a year earlier. Earnings per share in the period totaled 19 cents, up from 22 cents in the fourth quarter of 2010. For the full year in 2011, First Niagara earned $173.9 million, or 64 cents a share, compared with $140.4 million, or 70 cents a share, in 2010.
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Remember the heady days before the dotcom tech bubble broke in 2000? Investors were throwing dollars at any high-tech startup that had a business plan.
As we begin 2012, an election year, the United States faces many difficult economic and financial issues, even amid recent signs of improvement. The tough issues include national debt of $15.2 trillion and rising, 8.5 percent unemployment that would be even higher if the labor force was growing, flat wage growth, and rising levels of poverty.
CONSTRUCTION
Keystone Associates Architects, Engineers and Surveyors, LLC has announced that Garri R. Webb has joined the firm as senior construction manager.
Top Ranks Lists The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.
