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May
18
2007
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by Stephanie Winston Vann
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Friday, 18 May 2007 |
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May 10, 2007 (Ithaca, NY) Merrill Lynch, a major national financial services firm, has announced that it has signed a lease agreement with Bloomfield/Schon Associates to occupy space in the Cayuga Green project. The firm will expand its presence in Ithaca to 5,600 square feet. The new operation will be located in the commercial space create by the Cayuga Garage on Cayuga Street directly across from the Holiday Inn. Merrill Lynch will combine two separate operations into its new Cayuga Green space. In 2006, Merrill Lynch acquired the local Advest/J.S. Barr firm. This operation will be merged into the new Cayuga Garage location. The new, larger facility will feature state-of-the-art technology and a classroom for workshops, educational programs, and meeting rooms. Merrill Lynch in Ithaca employs 19 people and expects continued growth. Merrill Lynch was recently named "America's Most Admired Company" in the securities industry, according to Fortune Magazine's 24th annual survey of industry champions. |
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May
18
2007
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by Reprinted with permission of Investment Representative Celine Richardson of Ithaca's EdwardJones
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Friday, 18 May 2007 |
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One of the reasons you invest in bonds - perhaps the main reason - is the interest payments you'll receive. So, naturally, you'd like these payments to be as large as possible. However, "chasing" high rates may not always work out in your favor. But when buying bonds, you can hardly go wrong when you look for quality. As you may know, there's a direct - and inverse - relationship between a bond's quality and its interest rate. To attract investors, the lowest-quality bonds typically pay the highest interest rates. Conversely, high-quality bonds pay lower rates.
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May
17
2007
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by Dan Veaner
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Thursday, 17 May 2007 |
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Greg Thomas, president of Ithaca-based Performance Systems Development, joined a small group of colleagues from around the country in a webcast sponsored by the US Department of Housing and Urban Development (HUD) Thursday, May 17. The webcast focussed on energy efficiency improvements for high-rise and multi-family housing units. “There is an increasing demand for information on the best ways to retrofit and remodel multi-family residences to reduce energy use while increasing comfort and safety,” said Thomas, who has helped establish the concept of “building performance” in local, regional, and national markets. His company works with builders and contractors whose goals include increasing energy efficiency in existing structures. |
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May
11
2007
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by Doug Levine
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Friday, 11 May 2007 |
(Ithaca, NY) The Tompkins County Chamber of Commerce and Ithaca/Tompkins Convention and Visitors Bureau will conduct a special ribbon cutting ceremony today at The Dane Emerson House.
Located just south of Ithaca on Newfield Depot Road, in the town of Newfield, The Dane Emerson House Bed & Breakfast occupies a modest Queen Anne Victorian built in the year 1900. Along with a historic 1909 barn, which is listed on the Historic Registry, the timeless property sits on 55 acres of pristine land. Additions and restorations through the years have been thoughtful and well executed. Much of the original character of the building has been preserved in the oak and chestnut trim, leaded glass windows, 10’ ceilings, and walls that measure over 12” thick.
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May
11
2007
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by Reprinted with permission of Investment Representative Celine Richardson of Ithaca's EdwardJones
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Friday, 11 May 2007 |
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Investment clubs are quite popular these days. In fact, even if you aren't in a club yourself, the chances are pretty good that you know someone who is. Should you consider joining such a club? There's no one "right" answer for everyone, of course. But if you do join an investment club, you will find that there are both "pros" and "cons" involved. Let's take a quick look at a few of these. |
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