Blog

Today Eastman Kodak reported third quarter financial results. It comes I'm sure as no surprise that once again Kodak lost money on their operating businesses - $220 million over the last 90 days. Losses were bad enough, but all eyes were on the cash balance: $862 million, down from $957 at June 30....

That might seem like a sarcastic title, but I don't mean it that way. Weather is a great example. We just enjoyed a beautiful fall weekend, great for driving through the Finger Lakes to see the foliage, or getting a gallon of fresh pressed cider. For last-minute shoppers, plenty of pumpkins were ava...

Toward the end of the year we frequently hear financial advisors talk about "harvesting" capital losses (or gains). Investors who have realized gains (or losses) may want to off-set them before the end of the tax year. This year there are some additional considerations, especially for lower income...

I can't always understand just what it is the Occupy Wall Street protesters want. The New York Times had a piece last week that suggests the protesters themselves aren't always sure. I have some suggestions, few of which would be well received and none of which will be listed here, since no doubt th...

Earlier this month Collins Ink, supplier of ink for Kodak's high speed Versamark printers, cancelled their supply agreement. Collins cited Kodak's recent credit rating downgrade, and it reasonable for any Kodak creditor to be a little nervous about getting paid. It could also be that Collins may vie...

Most of you have heard the news that the more than 60 million Americans who are receiving social security will get an increase of 3.6 percent in 2012. The government is also providing some inflation relief for many tax benefits in 2012. Here are some of the changes: Your personal exemption is in...

There is no lack of scary economic news this year. The steady drumbeat of unemployment and bad-banking stories is enough to make you think we're headed for a dreaded "double-dip" recession. I don't believe it. Growing companies create jobs. One good sign of a growing company is higher earnings, a...

Doug Hendee is quoted in this morning's Democrat & Chronicle in a piece about home improvement retailer Lowe's. GTC (This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. T...

There are two good local stories in the national media today, both worthy of a look (or listen): Deep Lakes, Icy Climate, Great Wine Here's a piece from today's New York Times about our booming Finger Lakes wine region. The well-written article has a slide show attached and quotes local news a...

I don't mean the weather here, of course. We just had one of the most beautiful Indian Summer weekends I can remember. Nor am I referring to the Buffalo Bills, with 4 wins in their first 5 games this season. No, that cold wind blowing this fall is for America's banks. Over the next few weeks, ban...