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Saturday, February 04, 2012
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Breaking News

Comptroller: Recovery seems to be weakening in New York

by Rick Seltzer


New York state’s economic recovery may be slowing, according to a report released this morning by Comptroller Thomas DiNapoli.

Upstate consumer confidence rises again in January

by Rick Seltzer
Consumer confidence increased for the third straight month in upstate New York in January as consumers indicated a growing willingness to spend under current conditions.

Oneida Financial Q4 profit rises nearly 11 percent

by Traci DeLore

ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), parent company of Oneida Savings Bank,  reported that its fourth-quarter profit rose almost 11 percent as net interest income and non-interest income increased and credit quality improved.

New York dairy farmers receive lower prices for milk in January

by Journal Staff
Dairy farmers in the Empire State received an average of $20.30 per hundredweight of milk sold during January, down 40 cents from December, but still $2.50 higher than the year-ago period. That’s according to a report today from the U.S. Department of Agriculture’s National Agricultural Statistics Service, New York Field Office. 

First Niagara profit rises 27 percent in fourth quarter

by Kevin Tampone


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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