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AKRON• Vacant Land/Cedar St., Ann M. Childs to Charles McConnaughey, $60,000.ALDEN• 12300 Cary Road, Tara L. Lesniak; Dennis M. Lesniak to Victoria A. Williams; Christopher M. Williams, $347,500.• 2577 Peters Corners Road, Susan L. Sponholz; Craig A. Sponholz to Alecia Barrett; Jason J. Barrett, $174,500.• 12291 Westwood Road, Amanda M. Snell to Decarlo Charity, $127,200.•…

Nobody heard the bulls coming down Wall Street.Heading into last year, our panel of investment advisers was expecting 2013 to be pretty standard, maybe even a little below average, with their predictions of a 7 percent rise in both the Dow Jones industrial average and the Nasdaq Composite index.They weren’t even close, not with the Dow surging by almost 26 percent this yea…

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Robert Holliday has seen the wireless industry grow exponentially from its infancy, and he believes even bigger things are coming.“I think the next five years of innovation will exceed the last 10, and the last 10 was like the world has never seen,” said Holliday, vice president and general manager of AT&T in upstate New York.He has 30 years of experience in the communicat…

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Don’t expect another sizzling year for the stock market in 2014.After a dazzling rally this year that left the Dow Jones industrial average with its biggest annual gain in a decade, several local investment advisers are predicting a less-than-stallar 2014, with below-average gains of 7 percent in both the Dow and Nasdaq Composite index.The main reason: The Federal Reserve …

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Developer Sam Savarino and investor FFZ Holdings are asking the Erie County Industrial Development Agency for sales and mortgage tax breaks to transform the sprawling former F.N. Burt Co. factory into a mixed-use facility that Savarino says will “rescue an important and historic community asset.”Savarino and the three principals of FFZ – David and Dennis Franjoine and Robe…

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Twenty years after Kevin Michael Patrick Curry and Paul Michael Bliss teamed up to create what they called an “elite” new residential and commercial construction company, the last vestiges of their Patrick Homes and Patrick Group have been sold off.Iskalo Development Corp. earlier this month completed its purchase of the former headquarters of the luxury homebuilder, closi…

U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of children’s apparel and jewelry, MasterCard Advisors SpendingPulse said.Sales of holiday-related categories, such as clothing, electronics and luxury goods, rose 2.3 percent from Nov. 1 through Dec. 24 compared with a year earlier, the Purchase-based re…

Twitter Inc. fell the most since it debuted on the New York Stock Exchange after Macquarie Capital downgraded the social-networking company, saying the stock has gone “too far, too fast.”The shares of the microblogging service fell 13 percent to $63.75 on Friday. The stock had almost tripled through Thursday since a Nov. 6 initial public offering.Ben Schachter, an analyst …

Stocks fell, with the Standard & Poor’s 500 Index trimming a weekly gain, after benchmark indexes rallied to all-time highs Thursday amid optimism over the economic recovery.Textron Inc. rose 1.1 percent after the manufacturer of Cessna aircraft said it will buy Beechcraft Corp. for $1.4 billion. FirstEnergy Corp. added 2.3 percent after the utility company was upgraded at…

Hires/Promotions/HonorsDan Meyers was named marketing and promotions director at WGRZ-TV. Meyers has been commercial production director at the station and previously marketing & promotions director at WIVB-TV for 12 years....Tracy Almeter of CIR Electrical Construction Corporation has been recognized as a NABCEP certified PV (photovoltaic) installation professional throug…

There’s always plenty to do around the holidays, so Consumer Reports asked its cleaning and textile experts how to make the prep work easier and faster. Here’s their advice: • Freshening up sheets, towels and linens. There’s no need to rewash clean guest room sheets and towels that haven’t been used in months. Just toss them in the dryer on low heat for 15 minutes. If you …

Mortgage rates in the U.S. were little changed as lenders absorbed news that the Federal Reserve plans to taper bond purchases that have helped support the real estate market.The average rate for a 30-year fixed mortgage was 4.48 percent this week, up from 4.47 percent, according to a statement Thursday from Freddie Mac. The average 15-year rate climbed to 3.52 percent fro…

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The failure of United Parcel Service Inc. and FedEx Corp. to deliver packages in time for Christmas has exposed the perils of retailers promising to get last-minute gifts to customers.Chains from Kohl’s Corp. to Amazon.com Inc. to 1-800- Flowers.com Inc. offered gift cards and refunds after angry shoppers took to social media to vent their frustrations at the missed shipme…

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After two years of uncertainty, the future of the former Bristol-Myers Squibb site on Forest Avenue in Buffalo now looks much brighter.While a North Carolina company prepares to build student housing on one half of the property, a North Buffalo-based warehouse and distribution firm that handles shipping between here and New York City is taking over the rest.Regional Integr…

Fewer Americans than projected filed applications for unemployment benefits last week, indicating the U.S. labor market is improving.Jobless claims declined by 42,000 to 338,000 in the week ended Dec. 21, a Labor Department report showed Thursday in Washington. The median forecast of 42 economists surveyed by Bloomberg called for a drop to 345,000. Continuing claims rose.T…