21.07 2011

Southport financial advisor Ludlow in new acquisition

SOUTHPORT-BASED independent financial advisor Ludlow has acquired Newton-le-Willows financial management firm DT Lord for an undisclosed sum.

The takeover continues Ludlow’s acquisitive expansion strategy in the financial services sector.

Ludlow, which was founded in 1993, also operates in Lytham, Longridge and Blackburn, employing almost 30 staff managing more than £280m of funds.

Managing director Sid Ludlow said: “This is another notable deal for us. Not

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21.07 2011

Work Wardrobe 101

First job? New job? Old job where you aren’t moving up as fast as you like? It could be time to take a look at your clothes. Dressing the part can help you fit in and get ahead in almost any office.  You don’t have to drop hundreds of bucks today to start getting your wardrobe in order. Here are a few things I’ve learned about work clothes since grad school:

1. Dress as the natives do.
Watch what people wear around your office and dress accordingly. If your office is “business casual,” stick with slightly nicer clothes than the norm. Supervisors notice your appearance. And if they’re looking for someone to meet a client, they want to know you can rise to the occasion.

2. Go for stapl

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20.07 2011

Staples hosting national school supply drive

DoSomething.org and Staples are teaming up with the stars from ABC Family’s hit show Pretty Little Liars for the Staples for Students Do Something for kids in need national school supply drive.

All school supplies and donations will be given locally to the following charities prior to the start of the school year: Boys & Girls Club of Albany, Troy Boys & Girls Club, Boys & Girls Clubs of Schenectady, and Saratoga County Economic Opportunity Council.

Donations can be made at any local Staples store.

20.07 2011

Second phase of construction to launch at Newbury Plaza

A groundbreaking to commemorate the second phase of construction at Newbury Plaza and the arrival of anchor tenant Capital Bank will be held at 65 Wold Road in Colonie on Thursday, July 21 at 10 a.m.

The first phase of the 14,000 square-foot upscale strip mall opened in 2007. Tenants include Panera Bread, Shapes & Colours Salon and Day Spa, Private Dental Group, Knockouts, Good Feet, and Sprint.

Commercial real estate development and investment company First Columbia will launch the second phase of the project, totaling 4,300 square-feet.

Capital Bank, a division of Chemung Canal Trust Company that has five locations in the Capital Region, will occupy 2,500 feet of space in the new addition.

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20.07 2011

DAS Developments signs deal with global software provider

A CHESHIRE business founded just 18 months ago has secured a collaboration with a global organisation.

DAS Developments, based at Daresbury Science and Innovation Campus , has agreed to enter a collaborative partnership with UK-based- global software firm NorthgateArinso.

The agreement will see the development and launch of a an asset management and optimisation product, Acumen, designed by DAS and described by NorthgateArinso as “world-class”.

The two companies came together following a consultation initiative undertaken by Daresbury SIC to help find suitable partners for NorthgateArinso, which boasts a worldwide turnover in excess of £750m and has offices in 46 countries.

Roy Davies, DAS chief executive, said: “The opportunity to partner with an organisation of NorthgateArinso’s calibre and scale provides a real catalyst to realise our growth objectives.

“This partnership offers both us and our clients greater expertise.”

20.07 2011

Second Greece bailout sends Asia stocks higher

 

TOKYO (AP) — Asian shares climbed Friday after European leaders agreed on a massive new bailout plan for Greece and broader measures to deal with the continent’s debt problems.

All the region’s major markets advanced, with banks in particular benefiting from the overnight developments.

Japan’s Nikkei 225 stock average advanced 1.2 percent to 10,132.11, Hong Kong’s Hang Seng index shot up 1.7 percent to 22,361.71, and South Korea’s Kospi added 1.2 percent to 2,171.23.

At an emergency meeting in Brussels, European officials agreed to give Greece a second rescue package worth euro109 billion ($155 billion). T Read more…

19.07 2011

Chinese Tax Revenue Jumps 30% In 1H 2011

Chinese tax revenue is up 29.6% to 5 trillion yuan (US$773 billion) in the first half of this year, reports Shanghai Daily. Personal income tax revenue is up 35% and resource tax revenue rose 45%.

The government credits stable economic growth, rising company profits, and inflation with this substantial increase.

That’s really good news, given the concern over local munis and growing debts, which were at $1,650 billion at the end of last month.

Via Shanghai Daily

While a “sizable bailout” will be required, China’s “local debt problem does not have to trigger a banking crisis or a macro-economic slowdown,” Stephen Green, the Hong Kong-based head of China research at Standard Chartered Plc, said in an e-mailed note, dated Monday and received yesterday. Read more…