Bloomberg – It won’t surprise any market-watcher to learn that in the run-up to earnings season, companies tend to lower the bar for top and bottom line performance, thereby giving themselves better odds of exceeding analysts’ expectations.
However, a new working paper suggests that the sins of omission that occur during the corporate “cheating” season, as it was dubbed by Societe Generale Global Head of Quantitative Strategy Andrew Lapthorne, are far more insidious.
U.S. Senate Committee on Health, Education Labor & Pensions – The economic impact of investing in child care cannot be underestimated, noted Connecticut Office of Early Childhood Commissioner Dr. Myra Jones-Taylor at a recent committee hearing. Taylor referenced a study by the Connecticut Center for Economic Analysis, which found that in the city of New Haven, Conn. there was a $9.4 million macroeconomic increase and a $17 million/year tax increase when you invest in child care programs and have them stay open, stay stable, and have quality.
Westfair online – The University of Connecticut’s Stamford campus is no longer a runner-up prize for students wanting to attend the university’s main Storrs campus.
“Six years ago we had part-time MBA, two small business undergraduate programs and we were largely a feeder school for students wanting to get to Storrs,” said John A. Elliott, dean of the UConn School of Business, at the June 15 CEO Evolution panel hosted by the university in Stamford.
WNPR – The State of Connecticut operates a Veterans’ Home on 92 acres in Rocky Hill. Many of its residents were once homeless or in danger of homelessness. But a lot of the buildings are outdated and in need of major improvements.
UConn Today – Mario Leite ’98 (CLAS) never imagined he’d combine his undergraduate molecular and cell biology degree with his MBA to become an award-winning ice cream maker. But that’s exactly what the UConn grad did after he lost his banking job in August 2011.
Fairfield County Business Journal – The third annual CEO Evolution event will feature insights into the secrets of success from three CEOs from high-level national and global companies.
At the June 15 event the University of Connecticut School of Business in Stamford will host William S. Simon, former president and CEO of Walmart U.S.; Margaret Keane, president and CEO of Synchrony Financial in Stamford, and Scott Gillis, senior managing director and co-founder of the Manhattan managing consulting firm Galt & Co.
Annual Lecture Hosted by Trinity College, UConn School of Business, and Bradley, Foster & Sargent
Trinity College – Adam Andrzejewski, CEO of OpenTheBooks.com, gave a talk discussing his organization’s mission during an event hosted by Trinity College, UConn School of Business, and Bradley, Foster & Sargent at The Hartford Club on April 20.