Welcome Aboard!
Published August 18, 2014 7113 Views
"Change," it's inevitable; we think you would all agree. Things change for countless reasons, but change they do. With that in mind, it is with great pleasure we introduce our new Chief Executive Officer, Jai Ramachandran. Jai joins Brighton Securities from Oppenheimer & Co., where he was a Dire...
Death of Corporate Pensions: So What?
Published August 15, 2014 6757 Views
Xerox and Kodak announced changes in their retirement plans. There's no surprise here that both corporations are freezing any already non-frozen pension plans. Xerox and Kodak are following suit with other corporations in their industries.
Truth be told, Xerox and Kodak are late to the game in thi...
Oil, Gas, & National Economic Development
Published August 12, 2014 6338 Views
I'm willing to bet that if you've picked up a newspaper within the past five years, you are aware of the recent surge in domestic oil production. You may have heard of names such as Bakken Shale, Eagle Ford, and Marcellus Shale; as well as terms such as hydraulic fracturing, horizontal drilling,...
What would you do with $4.2 billion?
Published August 11, 2014 6136 Views
Due to large settlements with major banks and insurance companies, New York State has received an unanticipated cash increase of $4.2 billion. The largest settlement came from French bank, BNP Paribas, which will pay the state $3.6 billion for claims that it filtered money through New York entities...
Long-term Care Planning & Family Dynamics: What does this mean for Women?
Published August 7, 2014 6251 Views
Are women really at a financial disadvantage? Research from the Journal of Women and Aging suggests that, "women are at a financial disadvantage because of fewer years in the workforce, more disruptive life events [such as childrearing] in their work history, and because the likelihood of jobs with...
Scoreboard!
Published August 6, 2014 6481 Views
The former sports anchor in me says that the sale of the Buffalo Bills is still wide open. That Donald Trump and the Bon Jovi/Toronto Group could still outbid Sabres owner Terry Pegula for ownership of the team. After reading the news that Pegula freed up $1.75 billion by selling some of his land, t...
How to Sell an NFL Team.
Published August 4, 2014 6785 Views
Ever since the Buffalo Bills longtime owner, Ralph Wilson, passed away in March, there has been a lot of speculation regarding who would buy the storied franchise. The sale of the Bills moved to the next stage last Tuesday when Morgan Stanley received three bids to purchase the team; one from Terren...
People + Numbers
Published August 1, 2014 6508 Views
We cannot simply evaluate companies based only on their financial metrics and innovations. Rather, we must consider who is behind the brand and how they work. This additional layer of analysis provides insights for holistic decision making when it comes to which companies you want to own now and in...
Stagnant Earnings.
Published July 28, 2014 6216 Views
Xerox built a strong presence in the Rochester area for their paper copiers and printers; they have been working to transition towards a company focused on document management, IT services, and bill processing. Last week, Xerox reported earnings for the second quarter of 2014. The story of year-over...
Watch Out Marlboro.
Published July 21, 2014 6397 Views
Altria, the maker of Marlboro cigarettes, found a stronger No. 2 competitor last week as a deal was announced to merge Reynolds American and Lorillard. The $27.4 billion merger brings the No. 2 and No. 3 largest U.S. cigarette makers into one company. The combined company will keep the Reynolds Amer...