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Executive trading

Here are the past two week's reports of trading in the stocks of local companies or in the companies that have significant local operations, by directors and executives of the companies:

AES Corp.: Woodruff, Mark, officer, exercised an option for 23,042 shares of common between $2.83 and $8.97 each on Dec. 20, immediately sold 23,042 shares of common at $11.74 each, and now directly and indirectly holds 57,605.

American Axle & Mfg.: Dauch, Richard E., chief executive officer, sold 209,000 shares of common between $13 and $13.18 each on Jan. 3 and now directly and indirectly holds 5,711,810.

Astronics Corp.: McKenna, Robert J., director, exercised an option for 9,940 shares of common between $5.97 and $8.08 each on Jan. 3.

Bank of America Corp.: Darnell, David C., officer, sold 7,695 shares of common at $13.34 each on Dec. 31 and now directly and indirectly holds 118,562. Price, Joe L., officer, sold 9,387 shares of common at $13.34 each on Dec. 31 and now directly and indirectly holds 97,283. Desoer, Barbara J., officer, sold 7,062 shares of common at $13.34 each on Dec. 31 and now directly and indirectly holds 269,651.

Cameron International Corp.: Chiasson, Glenn J., officer, sold 500 shares of common at $50.88 each on Dec. 30 and now directly and indirectly holds 21,938.

Community Bank System: Dicerbo, Nicholas A., director, exercised an option for 5,600 shares of common at $13.10 each on Dec. 23. Parente, Charles E., director, exercised an option for 12,285 shares of common at $23.04 each on Dec. 31, immediately sold 2,688 shares of common at $27.77 each, and now directly and indirectly holds 388,164.

CSX Corp.: Ward, Michael J., chief executive officer, exercised an option for 100,000 shares of common at $16.07 each on Jan. 3, immediately sold 100,000 shares of common at $65.55 each on Jan. 3 and now directly and indirectly holds 324,582. Mancini, Lisa A., officer, sold 700 shares of common at $66 each on Jan. 3 and now directly and indirectly holds 40,696. Munoz, Oscar X., chief financial officer, sold 25,000 shares of common at $65.05 each on Jan. 3 and now directly and indirectly holds 173,862.

E.I. Du Pont De Nemours & Co.: Sager, Thomas L., general counsel, exercised an option for 40,000 shares of common between $37.75 and $44.50 each on Dec. 21, immediately sold 40,000 shares of common at $50 each. He exercised an option for 9,400 shares of common between $37.75 and $42.50 each on Dec. 29, immediatley sold 9,400 shares of common at $50 each, and now directly and indirectly holds 22,161.

Financial Institutions: Dambra, Barton P., director, exercised an option for 200 shares of common at $14.13 each on Jan. 3.

First Niagara Financial Group: Philip, George M., director, purchased 226 shares of common at $14.11 each on Dec. 29 and now directly and indirectly holds 23,883. Baker, Thomas E., director, purchased 792 shares of common at $14.11 each on Dec. 29 and now directly and indirectly holds 37,682. Jeremiah, Barbara S., director, purchased 630 shares of common at $14.11 each on Dec. 29 and now directly and indirectly holds 5,581.

Gannett Co.: Horning, Roxanne V., officer, sold 1,282 shares of common at $15.31 each on Dec. 20 and now directly and indirectly holds 7,695.

General Mills: Hope-Richards, Judith Coleman, director, exercised an option for 20,000 shares of common at $22.10 each on Jan. 4, immediately sold 20,000 shares of common at $35.61 each, and now directly and indirectly holds 63,483. O'Grady, Shawn P., officer, exercised an option for 85,000 shares of common at $20.24 each on Jan. 3, immediately sold 85,000 shares of common between $35.69 and $35.72 each, and now directly and indirectly holds 177,086.

General Motors Co.: Cyprus, Nicholas S., officer, sold 2,418 shares of common at $36.77 each on Dec. 31.

Ingram Micro: Humes, William David, chief financial officer, exercised an option for 7,250 shares of common at $16.42 each on Dec. 29, immediately sold 7,250 shares of common at $19.25 each , and now directly and indirectly holds 109,231.

Norfolk Southern Corp.: Correll, Alston D., director, sold 7,578 shares of common at $62.82 each on Dec. 31 and now directly and indirectly holds 8,000.

Prepared by First Call/Thompson Financial of Boston, Mass., from Securities and Exchange Commission filings.

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