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Buffalo Business Report - Thursday, February 27th 2014

KeyCorp is still feeling the affects of its mid-2012 purchase of thirty-seven HSBC Bank branches and credit card assets.  Business First reports expenses attributable to the branch and credit-card acquisitions increased $40 million in 2013.  The good news is that net income attributable to common KeyCorp shareholders came in at 93 cents per share for 2013, an increase of six cents per share over the previous year.

The Village of Williamsville has set a 4 pm, March 24th deadline for any other bids for the Water Mill properties.  An offer of $450,000 from Sweet Jenny's has already been offered for a pair of adjoining buildings on East Spring Street.

SUNY Fredonia has been named one of the “25 Best College Values Under $30,000 a Year” by the editors of Kiplinger’s Personal Finance magazine.

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