East Coast Power & Gas Buys BluCo Energy Customer Book From Vantage Commodities

East Coast Power & Gas Buys BluCo Energy Customer Book From Vantage Commodities

East Coast Power & Gas, an energyservices company (ESCO) founded in 2008, serving natural gaselectricity and renewable sources of energy to both residential and commercial customers in New York State, announced today that it has purchased the BluCo Energy customer book, a competing ESCO, from Vantage Commodities. The book contains customer contracts for both electricity and natural gas supply in New York State.

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New York Times: S.E.C. Gives Small Investors Access to Equity Crowdfunding

New York Times: S.E.C. Gives Small Investors Access to Equity Crowdfunding

By STACY COWLEY | New York Times

Entrepreneurs raising money through crowdfunding campaigns have typically rewarded their backers with early access to products and with tchotchkes like T-shirts and coffee mugs. But under new rules adopted Friday by the SEC, they will be able to offer a prize that could be more lucrative: an equity stake in their business.

 

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Forbes: How One Woman Began Picking Her Own Stocks After 60

Forbes: How One Woman Began Picking Her Own Stocks After 60

By Juliette Fairley | Forbes Personal Finance

When the stock market sank in 2009, Sandy Chaikin of Philadelphia, lost 40% of the money she’d invested in mutual funds following her financial adviser’s recommendations. “I asked my financial adviser to sell, but he suggested I ride it out,” says Chaikin, 65. That experience was enough for the veteran marketing executive to look for a new way to invest.

 

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Energy Central: Save money on heating bills this winter by switching to an ESCO

Energy Central: Save money on heating bills this winter by switching to an ESCO

By Vincent Palmieri | East Coast Power & Gas

With the end of summer, consumers need to start planning for what’s coming ahead as shorter days and chillier temperatures creep up on us. It is hard to imagine freezing temperatures when the sun is out and we are still experiencing warm weather, but this is actually the ideal time to start thinking about winter heating bills and how to keep utility costs from spiraling out of control, especially if another Polar Vortex hits New York.

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New York Times: Crowdfunding a $500 Million Ferris Wheel, With a Wall Street Spin

New York Times: Crowdfunding a $500 Million Ferris Wheel, With a Wall Street Spin

By Randall Smith | New York Times

Project leaders of the New York Wheel, which has already raised around $450 million in equity and debt, plan to seek another $30 million through North Capital Private Securities, a Utah broker-dealer that intends to sell some of the new shares via its 99Funding online crowdfunding platform and other crowdfunding sites.

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Waters Technology: Broker Commissions: The Great Unbundling

Waters Technology: Broker Commissions: The Great Unbundling

By Timothy Bourgaize Murray | Water's Technology

Handling sell-side research and commissions has typically been a mundane and relatively simple function for investment managers. But regulatory authorities in Europe are about to turn the process upside down with a little-known but potentially impactful vestige of Mifid II. Tim Bourgaize Murray explores the technological ramifications.

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Crowdfund Insider: Wheely Good Idea: $30M NYC Ferris Wheel Crowdfunding Campaign Led by North Capital Private Securities

Crowdfund Insider: Wheely Good Idea: $30M NYC Ferris Wheel Crowdfunding Campaign Led by North Capital Private Securities

By Erin Hobey | Crowdfund Insider

Wheely cool! Wheely good time! If memory serves correctly, I do not recall a Ferris Wheel in the city excepting during the summer/early fall in Central Park and, naturally, on Coney Island. This absence will change when the $500M New York Wheel project led by North Capital Private Securities rolls into Staten Island next year.

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Forbes: Crowdfunding A $500-Million Ferris Wheel

Forbes: Crowdfunding A $500-Million Ferris Wheel

By Loren Feldman | Forbes

Backers of a $500 million Ferris wheel for Staten Island plain to raise money through crowdfunding: “Jim Dowd, founder and chief executive of North Capital, said he believed that the $500 million New York Wheel project ‘is going to be the largest transaction we’re aware of that has crowdfunding.’”

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TheStreet TV: Don’t Dismiss Dark Pools Despite Scary Headlines Says Convergex CEO

TheStreet TV: Don’t Dismiss Dark Pools Despite Scary Headlines Says Convergex CEO

Interviewed by Gregg Greenberg | TheStreet TV

Dark pools are back in the headlines again following reports about Credit Suisse, Barclays and ITG settling allegations of manipulation with the government. Eric Noll, CEO of Convergex, says the current commotion is nothing new and likely won’t last long. 'This is part of a series of activities that has been going on in this space for quite a while now,' said Noll. 'I think it’s out of concern driven by the Flash Boys book and other concerns about the space, but clearly this is part of a longstanding series of investigations into the space.'

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Energy Central: Changing your energy supplier to lower bills and get green - fast, easy and seamless

Energy Central: Changing your energy supplier to lower bills and get green - fast, easy and seamless

Vincent Palmieri | Energy Central

As the Chief Operating Officer of East Coast Power & Gas, I, like my peers, in this industry must take responsibility for not doing a better job in educating consumers on how fast, easy and seamless the process is to change from one supplier to another supplier. It is a much more simple process to change energy suppliers than to change mobile providers, mortgage companies, or cable and internet providers. In fact, the consumer only has to provide approval to change suppliers and we do all the work.

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