Jerry Zremski - The Buffalo News

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Jerry Zremski

Jerry Zremski is the Washington bureau chief for The Buffalo News. He joined the News in 1984 as a business reporter and moved to Washington in 1989. Zremski served as president of the National Press Club in 2007 and won a Nieman fellowship in journalism at Harvard University in 1999. A native of Elkland, Pa., he is a graduate of Syracuse University.


Computer Task Group Inc. Thursday announced a 24 percent increase in net income for the third quarter, as the company's stock continued a roller-coaster ride that saw it reach new highs Wednesday and then plummet.After closing Tuesday at $15 1/2 a share, CTG's stock opened Wednesday at $16 and rose to a 52-week high of $17 1/4 . Then the stock retreated as far as…

Ecology & Environment Inc. of Lancaster reported Wednesday that its net earnings remained flat during its fourth quarter, which ended July 31. Net income for the quarter was $764,000, equal to 19 cents a share, compared to $759,000, or 19 cents a share, a year earlier. Quarterly revenues increased 16 percent to $15 million from $13 million in the fourth quarter of 198…

AT THE Broadway Market, it's 10 o'clock on a Friday morning and, by the looks of things, sometime in the early part of the 20th Century.Little old ladies in long dresses shuffle from the produce stand to the sausage shop to the bakery. Gray-haired men in work clothes sit at tables out front, sipping coffee. And behind a meat counter, Petru Lupas chops away at huge chu…

IT'S OCTOBER -- for investors, time to commiserate a most unhappy anniversary.And there's no better way to do that than to read "Markets," a new book by financial writer Martin Mayer.Mayer set out to write the definitive story of how modern capitalism works, but the crash sidetracked him just a bit. Suddenly he had to fit Black Monday into his framework, and say ho…

WHY NOT the best?Remember that line? Jimmy Carter used it to get elected as president in 1976 and, while you might say that it was false advertising for Carter, it's not a bad slogan to live by.And it's not a bad slogan for the Horizons Waterfront Commission to follow in picking an executive director. After all, that executive director probably will have a bigger role…

YOU, TOO, can profit from insider trading.No, not the kind of insider trading that got Ivan Boesky and countless other treacherous Wall Streeters in trouble -- the kind that's practiced legally every day.Yes, there is a legal form of insider trading. It takes place every time a corporate "insider" -- a top executive, director or shareholder -- buys or sells the stock …

Computer Task Group Inc. of Buffalo announced Tuesday that it has acquired a small competing firm based in Charlotte, N.C. CTG said it has purchased Ap plied Management Systems Inc., which has offices in Charlotte, Winston-Salem and Raleigh in North Carolina and in Greenville and Columbia, S.C.Terms of the sale were not dis closed. CTG also would not dis close the ann…

WHEN KEVIN D. Keeley first became president of the Bridgeport Regional Business Council in Connecticut, the businessmen he worked for called him "the paid fireman at the firehouse."That's because he was busy putting out a potentially catastrophic blaze: a $380,000 deficit at an organization with annual revenues of $500,000.Now Keeley is coming to Buffalo to fight what…

Four years after his company's sales hit an all-time record of nearly $35 million, Sal H. Alfiero finds himself as the chairman of a $1.3 billion company. So now it's time for him and his long-time partner, Clement R. Arrison, to ask the question:What now?The answer is a long one. First and foremost, of course, the answer is to continue what has been Alfiero's goal fo…

Mark IV Industries Inc. of Amherst, which shortly will become Buffalo's first Fortune 500 company in a decade thanks to a pending acquisition, Thursday reported an increase in net income for the second quarter. The gain was due mainly to the sale of assets and securities.Net income for the quarter ending Aug. 31 increased 12 percent to $6.14 million or 57 cents a shar…

Kevin D. Keeley is a nice, trustworthy guy who just turned around a troubled chamber of commerce in Connecticut.And that made him the best choice to take over the controversy-plagued Greater Buffalo Chamber of Commerce, according to the members of the search committee that selected Keeley from 175 candidates for the job."Kevin has extremely good interpersonal skills" …