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Biz Links: First Niagara issuing more stock.

From Business Today:


First Niagara Financial Group has priced its offering of 52.94 million shares of common stock. Common stock is priced at $8.50 per share, while preferred stock will sell for $25 per share.

First Niagara is hoping to raise $450 million from the common stock offering to partly finance its $1 billion acquisition of 195 HSBC branches.


A Long Island law firm is planning a move to Amherst in hopes of soaking up some of the foreclosure work freed up by the Baum firm's closure.

Frenkel Lambert Weiss Weisman & Gordon LLP is soliciting resumes for up to 125 open positions and has been looking for 10,000-square-feet of office space.



The computer coding problems that caused errors in calculating health plan consumer deductibles at Univera Healthcare and parent Excellus Health Plans of Rochester are still being fixed. The problem was discovered and fixed on Oct. 16, the company said, but it still needs to go back and manually review every account that might have been affected.


A Batavia-based company just received three orders worth $7 million.

Graham Corp. has been contracted to supply components for U.S. energy products, including making structural supports and assemblies for a two nuclear power plants and a steam surface condenser for a biomass plant.

Who is getting hired, promoted and honored?

$7 million is a nice paycheck. Here's another Paycheck:


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