Saturday, March 26, 2016

Big Four New York Banks (JPMorgan, Citigroup, Morgan Stanley and Goldman Sachs) Had 2015 Total Earnings of $54 Bil, Up By $12.8 Bil or Up 31% Over 2014 ..... On the Other Hand, All 357 Other New York State Companies With Market Caps Above $40 Mil Had 2015 Total Earnings Which Were Down By $22.45 Bil or Down By 14% From That in 2014 ..... 50 Largest Upstate New York Companies Had 2015 Total Earnings Which Were Down By an Even Higher 27% From 2014 ..... It Appears US Capitalism is Working Just Dandy For the Big Four New York Banks, But Not So Well For the Other 357 New York State Companies, Especially the UpState New York Companies, and Their Employees

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations, Overwhelmingly Audited By One of the Prestigious Big 4 CPA Firms, for the most recent Annual Fiscal Year End (FYE) 2015 and 2014 for each of  the 361 New York State HQed Companies with current stock market capitalizations of more than $40 mil or the equivalent and which also have reported their 2015 financial statements with the SEC:



 Annual   Annual     



2015 2014




Net Net Increase Increase


Most Income Income (Decrease) (Decrease)
New York State Largest Companies City State Recent (Loss) (Loss) Amount %
Market Cap $40 mil or More HQs HQs FYE  $ mils  $ mils  $ mils








Big Four New York Banks






JPMorgan Chase New York NY Dec 15            24,442            21,745              2,697 12%
Citigroup New York NY Dec 15            17,386              7,504              9,882 132%
Morgan Stanley New York NY Dec 15              6,295              3,681              2,614 71%
Goldman Sachs New York NY Dec 15              6,083              8,477            (2,394) -28%








Total all Big Four New York Banks


           54,206            41,407            12,799 31%








Rest of New York Companies






American Intl Group New York NY Dec 15              2,222              7,574            (5,352)
Hess Corp New York NY Dec 15            (2,959)              1,692            (4,651)
IBM Armonk NY Dec 15            13,364            15,751            (2,387)
Pfizer New York NY Dec 15              6,975              9,119            (2,144)
The Blackstone Group LP New York NY Dec 15              1,624              3,696            (2,072)
Voya Financial Inc New York NY Dec 15                 539              2,533            (1,994)
Icahn Enterprises LP New York NY Dec 15            (2,127)               (529)            (1,598)
Macquarie Infrastructure New York NY Dec 15               (114)              1,039            (1,153)
Corning Corning NY Dec 15              1,339              2,472            (1,133)
Constellation Brands Victor NY Feb 15                 836              1,943            (1,107)
Loews New York NY Dec 15                 287              1,353            (1,066)
Pepsico Purchase NY Dec 15              5,501              6,558            (1,057)
MetLife New York NY Dec 15              5,322              6,339            (1,017)
First Data Corp New York NY Dec 15            (1,268)               (265)            (1,003)
Time Inc New York NY Dec 15               (881)                   87               (968)
FXCM Inc New York NY Dec 15               (815)                   16               (831)
Colgate-Palmolive New York NY Dec 15              1,548              2,339               (791)
American Express New York NY Dec 15              5,163              5,885               (722)
National Fuel Gas Co Williamsville NY Sep 15               (379)                 299               (678)
Thomson Reuters New York NY Dec 15              1,311              1,959               (648)
Take-Two Interactive Software New York NY Mar 15               (279)                 362               (641)
Philip Morris New York NY Dec 15              7,032              7,658               (626)
HRG Group New York NY Sep 15               (512)                 102               (614)
J Crew Group New York NY Jan 16            (1,243)               (658)               (585)
Och-Ziff Capital Management Group LLC New York NY Dec 15                 167                 711               (544)
New York Community Bancorp Westbury NY Dec 15                 (47)                 485               (532)
Viacom New York NY Sep 15              2,002              2,464               (462)
Avon Products Inc New York NY Dec 15               (797)               (345)               (452)
Greenlight Capital Re Ltd New York NY Dec 15               (332)                 113               (445)
Bristol-Myers Squibb New York NY Dec 15              1,631              2,029               (398)
MBIA Inc Purchase NY Dec 15                 180                 569               (389)
Apollo Global Management LLC New York NY Dec 15                 350                 730               (380)
Coach Inc New York NY Jun 15                 402                 781               (379)
Alcoa New York NY Dec 15               (197)                 177               (374)
News Corp New York NY Jun 15                 (78)                 294               (372)
L-3 Communications Holdings New York NY Dec 15                 297                 645               (348)
Chimera Investment Corp New York NY Dec 15                 250                 589               (339)
Outfront Media Inc New York NY Dec 15                 (29)                 307               (336)
Assurant New York NY Dec 15                 142                 471               (329)
Iconix Brand Group Inc New York NY Dec 15               (189)                 119               (308)
Arch Capital Group Ltd White Plains NY Dec 15                 527                 821               (294)
MUFG America Hldgs (UnionBanCal) New York NY Dec 15                 528                 797               (269)
Travelers New York NY Dec 15              3,439              3,692               (253)
Ares Capital Corp New York NY Dec 15                 379                 591               (212)
Apollo Investment Corp New York NY Mar 15                   75                 271               (196)
Time Warner Cable New York NY Dec 15              1,844              2,031               (187)
NBTY Inc Bohemia NY Sep 14                 (44)                 129               (173)
Paramount Group Inc New York NY Dec 15                   21                 182               (161)
New Residential Investment Corp New York NY Dec 15                 282                 442               (160)
Cowen Group New York NY Dec 15                   59                 183               (124)
IAC/InterActiveCorp New York NY Dec 15                 113                 235               (122)
PennantPark Investment Corp  New York  NY Sep 15                 (10)                 111               (121)
Cablevision Systems Bethpage NY Dec 15                 188                 309               (121)
KKR & Co LP New York NY Dec 15              5,275              5,395               (120)
Alleghany Corp New York NY Dec 15                 562                 680               (118)
Estee Lauder New York NY Jun 15              1,093              1,209               (116)
Apollo Residential Mortgage Inc New York NY Dec 15                 (12)                   96               (108)
NorthStar Realty Europe New York NY Dec 15               (144)                 (37)               (107)
Gramercy Property Trust New York NY Dec 15                 (50)                   55               (105)
Time Warner New York NY Dec 15              3,795              3,894                 (99)
Blackrock Capital Investment Corp New York NY Dec 15                   39                 137                 (98)
AG Mortgage Investment Trust Inc New York NY Dec 15                   14                 109                 (95)
Atlas Air Worldwide Holdings Inc Purchase NY Dec 15                     7                 102                 (95)
Weight Watchers Intl Inc New York NY Dec 15                   33                 118                 (85)
American Realty Capital Hospitality Trust New York NY Dec 15                 (95)                 (15)                 (80)
CA Inc New York NY Mar 15                 810                 887                 (77)
Sothebys New York NY Dec 15                   43                 118                 (75)
Intra-Cellular Therapies Inc New York NY Dec 15               (105)                 (31)                 (74)
Ralph Lauren New York NY Mar 15                 702                 776                 (74)
Loral Space & Communications Ltd New York NY Dec 15                 (70)                   (1)                 (69)
Turtle Beach Corp Valhalla NY Dec 15                 (83)                 (15)                 (68)
Medley Capital Corp New York NY Sep 15                 (15)                   52                 (67)
Jefferies Group LLC New York NY Nov 15                   95                 161                 (66)
SL Green Realty New York NY Dec 15                 303                 364                 (61)
Fortress Investment Group LLC New York NY Dec 15                 182                 240                 (58)
New York Mortgage Trust Inc New York NY Dec 15                   78                 136                 (58)
Moody's New York NY Dec 15                 950              1,006                 (56)
Kate Spade & Co New York NY Dec 15                   22                   77                 (55)
Evercore Partners Inc New York NY Dec 15                   58                 107                 (49)
Medley Management Inc New York NY Dec 15                   21                   69                 (48)
Newcastle Investment Corp New York NY Dec 15                   21                   68                 (47)
Party City Holdco Inc Elmsford NY Dec 15                   10                   56                 (46)
Resource Capital Corp New York NY Dec 15                   17                   62                 (45)
Akari Therapeutics New York NY Dec 15                 (45)                   (2)                 (43)
Progenics Pharmaceuticals Inc Tarrytown NY Dec 15                 (39)                     4                 (43)
Arbor Realty Trust Inc Uniondale NY Dec 15                   53                   93                 (40)
Seritage Growth Properties New York NY Dec 15                 (39)                     0                 (39)
DHI Group Inc New York NY Dec 15                 (11)                   28                 (39)
Etsy Inc Brooklyn NY Dec 15                 (54)                 (15)                 (39)
China XD Plastics Co Ltd New York NY Dec 15                   84                 121                 (37)
New Senior Investment Group Inc New York NY Dec 15                 (82)                 (46)                 (36)
TAL Intl Group Inc Purchase NY Dec 15                   88                 124                 (36)
Ann Inc New York NY Jan 15                   68                 102                 (34)
Fortress Biotech New York NY Dec 15                 (54)                 (20)                 (34)
Garrison Capital Inc New York NY Dec 15                   (4)                   30                 (34)
KCAP Financial New York NY Dec 15                 (19)                   15                 (34)
Solar Capital Ltd New York NY Dec 15                   14                   48                 (34)
Assured Guaranty Ltd New York NY Dec 15              1,056              1,088                 (32)
Fortress Transportation and Infrastructure Investors New York NY Dec 15                 (29)                     3                 (32)
W P Carey Inc REIT New York NY Dec 15                 179                 211                 (32)
Omnicom Group New York NY Dec 15              1,203              1,233                 (30)
istar Inc New York NY Dec 15               (100)                 (74)                 (26)
MDC Partners Inc New York NY Dec 15                 (22)                     4                 (26)
Moog Inc East Aurora NY Sep 15                 132                 158                 (26)
E*TRADE New York NY Dec 15                 268                 293                 (25)
Everyday Health New York NY Dec 15                 (12)                   13                 (25)
Kingold Jewelry New York NY Dec 15                   22                   47                 (25)
Interpublic Group of Companies New York NY Dec 15                 481                 505                 (24)
HSBC USA (Republic NY Corp) New York NY Dec 15                 330                 354                 (24)
Verint Systems Inc Melville NY Jan 15                   36                   59                 (23)
Synergy Pharmaceuticals Inc New York NY Dec 15               (118)                 (96)                 (22)
Tiffany & Co New York NY Jan 16                 464                 484                 (20)
Tonix Pharmaceuticals Holding Corp New York NY Dec 15                 (48)                 (28)                 (20)
Tremor Video New York NY Dec 15                 (43)                 (23)                 (20)
LivePerson Inc New York NY Dec 15                 (26)                   (7)                 (19)
Gamco Investors Inc Rye NY Dec 15                   87                 106                 (19)
Greenhill & Co Inc New York NY Dec 15                   26                   43                 (17)
Volt Information Sciences Inc New York NY Oct 15                 (20)                   (3)                 (17)
Lion Biotechnologies Inc New York NY Dec 15                 (28)                 (12)                 (16)
Systemax Port Washington NY Dec 15                 (48)                 (32)                 (16)
ABM Industries New York NY Oct 15                   54                   67                 (13)
Empire Resorts Monticello NY Dec 15                 (37)                 (24)                 (13)
Joymain International Development Group New York NY Apr 15                 (13)                   (0)                 (13)
Alcentra Capital Corp New York NY Dec 15                   13                   25                 (12)
Cohen & Steers Inc New York NY Dec 15                   64                   76                 (12)
Keryx Biopharmaceuticals New York NY Dec 15               (123)               (112)                 (11)
Solar Senior Capital Ltd New York NY Dec 15                     1                   12                 (11)
Tiptree Financial Inc New York NY Dec 15                 (14)                   (3)                 (11)
American Farmland Co New York NY Dec 15                   (9)                     1                 (10)
PJT Partners Inc New York NY Dec 15                   (6)                     4                 (10)
OHA Investment Corp New York NY Dec 15                 (31)                 (22)                   (9)
Tyme Technologies New York NY Dec 15                 (12)                   (3)                   (9)
Pzena Investment Management Inc New York NY Dec 15                   47                   55                   (8)
Stemline Therapeutics New York NY Dec 15                 (37)                 (29)                   (8)
Astoria Financial Corp Lake Success NY Dec 15                   88                   96                   (8)
Trinity Place Holdings New York NY Dec 15                   (7)                     0                   (7)
Oppenheimer Holdings Inc  New York NY Dec 15                     3                   10                   (7)
TG Therapeutics New York NY Dec 15                 (63)                 (56)                   (7)
Acorda Therapeutics Inc Ardsley NY Dec 15                   11                   18                   (7)
Manning and Napier Fairport NY Dec 15                 117                 124                   (7)
Harris & Harris Group New York NY Dec 15                 (20)                 (14)                   (6)
Ohr Pharmaceutical New York NY Sep 15                 (15)                   (9)                   (6)
AngioDynamics Inc Latham NY May 15                   (3)                     3                   (6)
Axsome Therapeutics New York NY Dec 15                 (11)                   (6)                   (5)
Dipoexium Pharmaceuticals New York NY Dec 15                 (19)                 (14)                   (5)
Standard Motor Products Long Island City NY Dec 15                   48                   53                   (5)
MSC Industrial Direct Co Melville NY Aug 15                 231                 236                   (5)
Vuzix Corporation West Henrietta NY Dec 15                 (13)                   (8)                   (5)
Assembly Biosciences New York NY Dec 15                 (28)                 (24)                   (4)
Intralinks Holdings Inc New York NY Dec 15                 (30)                 (26)                   (4)
Seneca Foods Corp Marion NY Mar 15                   10                   14                   (4)
Harvest Capital Credit Corp New York NY Dec 15                     6                     9                   (3)
Computer Task Group Buffalo NY Dec 15                     7                   10                   (3)
Allied Motion Technologies Amherst NY Dec 15                   11                   14                   (3)
Columbus McKinnon Amherst NY Mar 15                   27                   30                   (3)
Five Oaks Investment Corp New York NY Dec 15                     0                     3                   (3)
Anavex Life Sciences Corp New York NY Sep 15                 (12)                 (10)                   (2)
Shutterstock Inc New York NY Dec 15                   20                   22                   (2)
Travelzoo Inc New York NY Dec 15                   11                   13                   (2)
Varonis Systems Inc New York NY Dec 15                 (21)                 (19)                   (2)
Yangtze River Development Ltd New York NY Dec 15                   (6)                   (4)                   (2)
Comtech Telecommunications Corp Melville NY Jul 15                   23                   25                   (2)
CONMED Corp Utica NY Dec 15                   30                   32                   (2)
TrustCo Bank Corp NY Glenville NY Dec 15                   42                   44                   (2)
Diligent Corp New York NY Dec 15                     8                     9                   (1)
MFA Financial Inc New York NY Dec 15                 313                 314                   (1)
Chembio Diagnostics Medford NY Dec 15                   (2)                   (1)                   (1)
Frequency Electronics Mitchell Field NY Apr 15                     3                     4                   (1)
Acadia Realty Trust Rye NY Dec 15                 150                 151                   (1)
Financial Institutions Inc Warsaw NY Dec 15                   28                   29                   (1)
Grow Solutions Holdings New York NY Dec 15                   (1)                   (0)                   (1)
Medallion Financial Corp New York NY Dec 15                   29                   29                    -  
Silvercrest Asset Management Group New York NY Dec 15                   11                   11                    -  
Value Line Inc New York NY Apr 15                     7                     7                    -  
One Group Hospitality New York NY Dec 15                     7                     7                    -  
Ark Restaurants Corp New York NY Sep 15                     6                     6                    -  
Transcat New York NY Mar 15                     4                     4                    -  
One Liberty Properties Inc Great Neck NY Dec 15                   22                   22                    -  
Long Island Iced Tea Hicksville NY Dec 15                   (3)                   (3)                    -  
Associated Capital Group Inc Rye NY Dec 15                   (1)                   (1)                    -  
Greene County Bancorp Catskill NY Jun 15                     7                     7                    -  
Evans Bancorp Angola NY Dec 15                     8                     8                    -  
Canandaigua National Corp Canandaigua NY Dec 15                   21                   21                    -  
Community Bank System Inc Dewitt NY Dec 15                   91                   91                    -  
Lake Shore Bancorp Dunkirk NY Dec 15                     3                     3                    -  
Research Frontiers Woodbury NY Dec 15                   (4)                   (4)                    -  
Dime Community Bancshsres Inc Brooklyn NY Dec 15                   45                   44                     1
J.W. Mays Inc Brooklyn NY Jul 15                     2                     1                     1
Shake Shack Inc New York NY Dec 15                     3                     2                     1
RenovaCare New York NY Dec 15                   (1)                   (2)                     1
United-Guardian Hauppauge NY Dec 15                     5                     4                     1
Steven Madden Ltd Long Island City NY Dec 15                 114                 113                     1
Applied DNA Sciences Stony Brook NY Sep 15                 (12)                 (13)                     1
Albany Molecular Research Inc Albany NY Dec 15                   (2)                   (3)                     1
Trans World Entertainment Corp Albany NY Jan 16                     3                     2                     1
Chemung Financial Corp Elmira NY Dec 15                     9                     8                     1
Taylor Devices North Tonawanda NY May 15                     2                     1                     1
NBT Bancorp Inc Norwich NY Dec 15                   76                   75                     1
Griffin Industrial Realty Inc New York NY Nov 15                     0                   (1)                     1
Handy & Harman Ltd White Plains NY Dec 15                   17                   15                     2
Inter Parfums Inc New York NY Dec 15                   39                   37                     2
TheStreet New York NY Dec 15                   (2)                   (4)                     2
Napco Security Technologies Inc Amityville NY Jun 15                     5                     3                     2
Flushing Financial Corp Lake Success NY Dec 15                   46                   44                     2
Fonar Corp Melville NY Jun 15                   15                   13                     2
Espey Mfg & Electronics Saratoga Springs NY Jun 15                     3                     1                     2
Arrow Financial Corp Glen Falls NY Dec 15                   25                   23                     2
Kingstone Companies Inc Kingston NY Dec 15                     7                     5                     2
Xcel Brands New York NY Dec 15                     3                     0                     3
Reis Inc New York NY Dec 15                     8                     5                     3
Scholastic Corp New York NY May 15                   16                   13                     3
Sequential Brands Group Inc  New York  NY Dec 15                     2                   (1)                     3
First of Long Island Corp Glen Head NY Dec 15                   26                   23                     3
Suffolk Bancorp Riverhead NY Dec 15                   18                   15                     3
Xylem Inc Rye Brook NY Dec 15                 340                 337                     3
PAR Technology New Hartford NY Dec 15                     4                     0                     4
Actinium Pharmaceuticals New York NY Dec 15                 (21)                 (25)                     4
Intl Flavors & Fragrances New York NY Dec 15                 419                 415                     4
Mesabi Trust New York NY Jan 15                   25                   21                     4
You On Demand Holdings New York NY Dec 15                   (9)                 (13)                     4
Misonix Inc Farmingdale NY Jun 15                     5                     1                     4
Aceto Corp  Port Washington  NY Jun 15                   33                   29                     4
Cedar Realty Trust Inc Port Washington NY Dec 15                   22                   18                     4
Nathan's Famous Inc Westbury NY Mar 15                   12                     8                     4
XO Group Inc New York NY Dec 15                     5                     0                     5
Castle Brands Inc New York NY Mar 15                   (3)                   (8)                     5
ContraFect Yonkers NY Dec 15                 (25)                 (30)                     5
G-III Apparel Group Ltd New York NY Jan 16                 114                 109                     5
BioSpecifics Technologies Corp Lynbrook NY Dec 15                   10                     5                     5
FalconStor Software Melville NY Dec 15                   (2)                   (7)                     5
Prestige Brands Holdings Tarrytown NY Mar 15                   78                   73                     5
1-800-Flowers.com Inc  Westbury  NY Jun 15                   19                   14                     5
Graham Corp Batavia NY Mar 15                   15                   10                     5
22nd Century Group Clarence NY Dec 15                 (11)                 (16)                     5
Hardinge Inc Elmira NY Dec 15                     3                   (2)                     5
Ecology and Environment Inc Lancaster NY Jul 15                     4                   (1)                     5
Ultralife Corp Newark NY Dec 15                     3                   (2)                     5
Fuel Systems Solutions Inc New York NY Dec 15                 (47)                 (53)                     6
Hudson Technologies Inc Pearl River NY Dec 15                     5                   (1)                     6
AllianceBernstein Holding LP New York NY Dec 15                 188                 181                     7
Medidata Solutions Inc New York NY Dec 15                   13                     6                     7
New York & Company New York NY Jan 16                 (10)                 (17)                     7
Virtu Financial Inc New York NY Dec 15                 197                 190                     7
Bridge Bancorp Inc Bridgehampton NY Dec 15                   21                   14                     7
Planet Payment Inc Long Beach NY Dec 15                   10                     3                     7
Tompkins Financial Corp Ithaca NY Dec 15                   59                   52                     7
Balchem Corp New Hampton NY Dec 15                   60                   53                     7
Enzo Biochem Farmingdale NY Jul 15                   (2)                 (10)                     8
Monro Muffler Brake Rochester NY Mar 15                   62                   54                     8
Lakeland Industries Inc  Ronkonkoma  NY Jan 15                     8                   (0)                     8
Ambac Financial Group Inc New York NY Dec 15                 493                 484                     9
Arc Logistics Partners LP New York NY Dec 15                   11                     1                   10
Bankrate Inc New York NY Dec 15                   18                     8                   10
Empire State Realty Trust Inc New York NY Dec 15                   80                   70                   10
Be Active Holdings New York NY Dec 15                   (3)                 (13)                   10
Lifetime Brands Garden City NY Dec 15                   12                     2                   10
Synacor Inc Buffalo NY Dec 15                   (3)                 (13)                   10
Ophthotech Corp New York NY Dec 15               (106)               (117)                   11
Sirona Dental Systems Long Island City NY Sep 15                 188                 177                   11
Astronics Corp East Aurora NY Dec 15                   67                   56                   11
IEC Electronics Newark NY Sep 15                   (4)                 (15)                   11
Bovie Medical Corp Purchase NY Dec 15                   (5)                 (17)                   12
CIFC LLC New York NY Dec 15                     1                 (12)                   13
Vince Holding Corp New York NY Jan 15                   36                   23                   13
Brookfield DTLA Fund Office Trusty New York NY Dec 15                 (40)                 (53)                   13
GrubHub Inc New York NY Dec 15                   38                   24                   14
Nasdaq Inc New York NY Dec 15                 427                 413                   14
M&T Bank Buffalo NY Dec 15              1,080              1,066                   14
Bluerock Residential Growth REIT Inc New York NY Dec 15                     8                   (7)                   15
BRT Realty Trust Great Neck NY Sep 15                   (2)                 (18)                   16
On Deck Capital Inc New York NY Dec 15                   (2)                 (19)                   17
Sirius XM Holdings New York NY Dec 15                 510                 493                   17
Ares Commercial Real Estate Corp New York NY Dec 15                   43                   25                   18
Hudson Global New York NY Dec 15                     2                 (16)                   18
Wins Finance Holdings New York NY Jun 15                   26                     8                   18
Henry Schein Melville NY Dec 15                 523                 505                   18
Minerals Technologies Inc New York NY Dec 15                 112                   93                   19
Revlon Inc New York NY Dec 15                   59                   40                   19
WisdomTree Investments Inc New York NY Dec 15                   80                   61                   19
Apollo Commercial Real Estate Finance Inc New York NY Dec 15                 103                   83                   20
ExlService Holdings Inc New York NY Dec 15                   52                   32                   20
Universal American Corp White Plains NY Dec 15                   (5)                 (25)                   20
Getty Realty Corp Jericho NY Dec 15                   40                   20                   20
Foot Locker New York NY Jan 16                 541                 520                   21
MarketAxess Holdings New York NY Dec 15                   96                   75                   21
Maiden Holdings Ltd New York NY Dec 15                 124                 102                   22
NeuLion Inc Plainview NY Dec 15                   26                     4                   22
WebMD Health Corp New York NY Dec 15                   64                   41                   23
Broadridge Financial Solutions Lake Success NY Jun 15                 287                 263                   24
Sovran Self Storage Williamsville NY Dec 15                 113                   89                   24
VOXX Intl Corp Hauppauge NY Feb 15                   (1)                 (27)                   26
Prospect Capital Corp New York NY Jun 15                 346                 319                   27
Hain Celestial Group Lake Success NY Jun 15                 168                 141                   27
New York Times New York NY Dec 15                   63                   33                   30
CPI Aerostructures Edgewood NY Dec 15                     5                 (25)                   30
Msci Inc New York NY Dec 15                 230                 199                   31
Leucadia National Corp New York NY Dec 15                 247                 215                   32
Plug Power Inc Latham NY Dec 15                 (56)                 (88)                   32
Griffon Corp  New York  NY Sep 15                   34                   (0)                   34
Veeco Instruments Inc Plainview NY Dec 15                 (32)                 (67)                   35
INTL Fcstone Inc  New York  NY Sep 15                   56                   20                   36
Sterling Bancorp Montebello NY Dec 15                   66                   28                   38
Carrols Restaurant Group Inc Syracuse NY Dec 15                     0                 (38)                   38
Investment Technology Group New York NY Dec 15                   92                   51                   41
Paychex Rochester NY May 15                 675                 628                   47
Ladder Capital Corp New York NY Dec 15                 146                   98                   48
CBS Corp New York NY Dec 15              1,403              1,354                   49
National General Holdings Corp New York NY Dec 15                 156                 105                   51
Global Net Lease Inc New York NY Dec 15                   (2)                 (54)                   52
New York REIT Inc New York NY Dec 15                 (40)                 (94)                   54
Eastman Kodak Company Rochester NY Dec 15                 (67)               (122)                   55
Intercept Pharmaceuticals Inc New York NY Dec 15               (226)               (283)                   57
Park Electrochemical Corp Melville NY Feb 15                   20                 (42)                   62
AmTrust Financial Services Inc New York NY Dec 15                 511                 447                   64
Lexington Realty Trust New York NY Dec 15                 113                   48                   65
New Media Investment Group Inc  New York  NY Dec 15                   68                   (3)                   71
Morgans Hotel Group New York NY Dec 15                   22                 (50)                   72
Signature Bank New York NY Dec 15                 373                 297                   76
Madison Square Garden New York NY Jun 15                 (41)               (117)                   76
Multi-Packaging Solutions Intl New York NY Jun 15                     7                 (75)                   82
Barnes & Noble Inc  New York  NY Apr 15                   37                 (47)                   84
Brixmor Property Group New York NY Dec 15                 198                 113                   85
Moelis & Co New York NY Dec 15                 120                   33                   87
BlackRock New York NY Dec 15              3,352              3,264                   88
Steel Partners Holdings LP New York NY Dec 15                   70                 (18)                   88
Town Sports International Holdings New York NY Dec 15                   21                 (69)                   90
Rouse Properties Inc New York NY Dec 15                   42                 (52)                   94
NorthStar Asset Management Group Inc New York NY Dec 15                 121                   19                 102
Gibraltar Industries Inc Buffalo NY Dec 15                   23                 (82)                 105
Blackstone Mortgage Trust Inc New York NY Dec 15                 212                 100                 112
AMC Networks New York NY Dec 15                 382                 268                 114
Northstar Realty Finance Corp New York NY Dec 15               (159)               (276)                 117
ITT Corp White Plains NY Dec 15                 312                 191                 121
PVH Corp New York NY Jan 16                 572                 439                 133
MSG Networks Inc New York NY Jun 15                 255                 115                 140
Marsh & McLennan New York NY Dec 15              1,636              1,471                 165
Gener8 Maritime Inc New York NY Dec 15                 130                 (47)                 177
MasterCard Purchase NY Dec 15              3,808              3,617                 191
Nielsen Holdings New York NY Dec 15                 575                 381                 194
MPM Holdings Inc New York NY Dec 15                 (83)               (347)                 264
Bunge Ltd White Plains NY Dec 15                 755                 485                 270
BGC Partners Inc New York NY Dec 15                 268                   (4)                 272
JetBlue Airways Corp Long Island City NY Dec 15                 677                 401                 276
Regeneron Pharmaceuticals Tarreytown NY Dec 15                 636                 338                 298
COTY Inc New York NY Jun 15                 259                 (64)                 323
Two Harbors Investment New York NY Dec 15                 492                 167                 325
Vornado Realty Trust New York NY Dec 15                 807                 423                 384
Kimco Realty New Hyde Park NY Dec 15                 774                 385                 389
Overseas Shipholding Group Inc New York NY Dec 15                 284               (152)                 436
Lazard Ltd New York NY Dec 15                 993                 434                 559
Bank New York Mellon New York NY Dec 15              3,222              2,651                 571
First Niagara Financial Group Buffalo NY Dec 15                 224               (715)                 939
XL Group plc New York NY Dec 15              1,313                 269              1,044
Annaly Capital Management Inc New York NY Dec 15                 466               (842)              1,308
McGraw Hill Financial New York NY Dec 15              1,268               (191)              1,459
Twenty-First Century Fox New York NY Jun 15              8,604              3,917              4,687
Verizon Communications New York NY Dec 15            18,375            11,956              6,419








Total all 357 Other New York Companies


         134,530          156,980          (22,450) -14%


The 50 Upstate New York Companies had their 2015 Total Audited Earnings of $4.657 Bil decline by a hefty 27% from that in 2014.  These 50 Upstate New York Companies 2015 Total Earnings comprised a meager 2.5% of Total 2015 Audited Earnings of $188.736 Bil for all 361 New York State Companies with Market Caps above $40 Mil:



 Annual   Annual     



2015 2014




Net Net Increase Increase


Most Income Income (Decrease) (Decrease)
Upstate New York State Largest Companies City State Recent (Loss) (Loss) Amount %
Market Cap $40 mil or More HQs HQs FYE  $ mils  $ mils  $ mils








Corning Corning NY Dec 15              1,339              2,472            (1,133)
Constellation Brands Victor NY Feb 15                 836              1,943            (1,107)
National Fuel Gas Co Williamsville NY Sep 15               (379)                 299               (678)
Party City Holdco Inc Elmsford NY Dec 15                   10                   56                 (46)
Moog Inc East Aurora NY Sep 15                 132                 158                 (26)
Empire Resorts Monticello NY Dec 15                 (37)                 (24)                 (13)
Manning and Napier Fairport NY Dec 15                 117                 124                   (7)
AngioDynamics Inc Latham NY May 15                   (3)                     3                   (6)
Vuzix Corporation West Henrietta NY Dec 15                 (13)                   (8)                   (5)
Seneca Foods Corp Marion NY Mar 15                   10                   14                   (4)
Computer Task Group Buffalo NY Dec 15                     7                   10                   (3)
Allied Motion Technologies Amherst NY Dec 15                   11                   14                   (3)
Columbus McKinnon Amherst NY Mar 15                   27                   30                   (3)
CONMED Corp Utica NY Dec 15                   30                   32                   (2)
TrustCo Bank Corp NY Glenville NY Dec 15                   42                   44                   (2)
Financial Institutions Inc Warsaw NY Dec 15                   28                   29                   (1)
Greene County Bancorp Catskill NY Jun 15                     7                     7                    -  
Evans Bancorp Angola NY Dec 15                     8                     8                    -  
Canandaigua National Corp Canandaigua NY Dec 15                   21                   21                    -  
Community Bank System Inc Dewitt NY Dec 15                   91                   91                    -  
Lake Shore Bancorp Dunkirk NY Dec 15                     3                     3                    -  
Research Frontiers Woodbury NY Dec 15                   (4)                   (4)                    -  
Albany Molecular Research Inc Albany NY Dec 15                   (2)                   (3)                     1
Trans World Entertainment Corp Albany NY Jan 16                     3                     2                     1
Chemung Financial Corp Elmira NY Dec 15                     9                     8                     1
Taylor Devices North Tonawanda NY May 15                     2                     1                     1
NBT Bancorp Inc Norwich NY Dec 15                   76                   75                     1
Espey Mfg & Electronics Saratoga Springs NY Jun 15                     3                     1                     2
Arrow Financial Corp Glen Falls NY Dec 15                   25                   23                     2
Kingstone Companies Inc Kingston NY Dec 15                     7                     5                     2
PAR Technology New Hartford NY Dec 15                     4                     0                     4
Graham Corp Batavia NY Mar 15                   15                   10                     5
22nd Century Group Clarence NY Dec 15                 (11)                 (16)                     5
Hardinge Inc Elmira NY Dec 15                     3                   (2)                     5
Ecology and Environment Inc Lancaster NY Jul 15                     4                   (1)                     5
Ultralife Corp Newark NY Dec 15                     3                   (2)                     5
Tompkins Financial Corp Ithaca NY Dec 15                   59                   52                     7
Balchem Corp New Hampton NY Dec 15                   60                   53                     7
Monro Muffler Brake Rochester NY Mar 15                   62                   54                     8
Synacor Inc Buffalo NY Dec 15                   (3)                 (13)                   10
Astronics Corp East Aurora NY Dec 15                   67                   56                   11
IEC Electronics Newark NY Sep 15                   (4)                 (15)                   11
M&T Bank Buffalo NY Dec 15              1,080              1,066                   14
Sovran Self Storage Williamsville NY Dec 15                 113                   89                   24
Plug Power Inc Latham NY Dec 15                 (56)                 (88)                   32
Carrols Restaurant Group Inc Syracuse NY Dec 15                     0                 (38)                   38
Paychex Rochester NY May 15                 675                 628                   47
Eastman Kodak Company Rochester NY Dec 15                 (67)               (122)                   55
Gibraltar Industries Inc Buffalo NY Dec 15                   23                 (82)                 105
First Niagara Financial Group Buffalo NY Dec 15                 224               (715)                 939








Total all 50 Upstate New York Companies


             4,657              6,348            (1,691) -27%