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For the 2014-2015 state budget, nearly $140 billion was recently completed on time. $33 million of that plan was carved out to help NY State finish acquiring approximately 1,250 acres in Genesee County, as well as to prepare those grounds for the construction of a new business park. The industrial...

For years, Rochester has been Buffalo's, let's say, ugly cousin, when it comes to state aid. On Friday, Rochester welcomed a state agreement that will send an additional $6 million to the city, pushing total state aid to $94 million this year. The additional aid came as a result of final budget neg...

Last week, Eastman Kodak released their 2013 financial results. After emerging from a 20-month Chapter 11 bankruptcy in September, Kodak largely looks like a new company with a new CEO, new ticker symbol, and a new business strategy. However, they still remain an unfinished project with the goal of...

As traditional pensions become less prevalent, it is forcing individuals and families to save enough to fund their own retirement years. Over the past few years, we have seen both Democrats and Republicans agree on the need to reduce the growth of Social Security benefits. Recently, we have seen som...

Five years ago this past Monday, the S&P hit rock bottom during the financial crisis, closing at 676.53. Since that time, despite the Fiscal Cliff, a goby-the-numbers-happy-birthday-bull-market/vernment shutdown and near default, a debt crisis in Europe, as well as a slew of other setbacks, the S&P...

Brighton Securities is celebrating our 45th anniversary! As such, we have arranged for a month-long celebration where our firm, with its three office locations, has been divided into four teams responsible for planning activities each week of this month. I was assigned to Team Pink and we were resp...

With the Ukraine crisis escalating, markets turned sharply negative on Monday. Investors fled from stocks and other assets into safer investments like Treasuries and metals. As we continue to watch how this progresses, analysts and world leaders are considering how this political unrest could potent...

Inevitably, at least once or twice per day over the past several months I found that the topic of Bitcoins has arisen in both discussions with clients as well everyday conversation. My replay has been quite simple - a borrowed phrase, one that I've come to know from George Conboy - Caveat Emptor , o...

Sounds simple, right? 'Buy low, sell high' is the classic model in the financial world. Once you see a company at its lowest value, buy it, and sell it right before the price begins to fall again. Unfortunately for all of us, investing isn't that simple. The major flaw in timing the market is that y...

Allow for a moment of celebration with the news that 401(k) balances have risen to new highs, thanks in large part to the stellar performance of the stock market in 2013. I wrote about this same topic nearly a year ago, when the average balance had reached $80,000. Today, depending on who you ask,...