New England Real Estate Journal – The Connecticut/Western Massachusetts Chapter of the Society of Industrial and Office Realtors (SIOR) has named the University of Connecticut Scholarship recipients for the 2015/2016 academic year.
Finance
Investing in Business Climate Will be a Tall Order for CT
The CT Mirror – It’s relatively easy to find consensus on where Connecticut must invest to improve its business climate. The bigger challenge for state government, said economists and business leaders Wednesday, will be to find the resources to invest — in transportation, information technology and higher education — as the cost of public-sector retirement benefits spikes over the next decade to 15 years.
Possible GE Departure Called a ‘Glaring Black Eye’ for State
Stock Prices Affected by NFL Game Outcomes
KCBS – Ever wonder what the payoff is—other than increased name recognition—for those companies that pay millions of dollars to put their name on a sports facility? New research has found that those companies and their investors can reap rewards or suffer losses depending upon the outcomes of the high interest games in those stadiums.
For a closer look, KCBS chats with Assaf Eisdorfer, associate professor of finance at the University of Connecticut School of Business:
Year in Review
top1000funds.com – A research paper that concludes that the funds recommended to institutional investors by investment consultant do not add value, has won the Commonfund Prize, awarded for original research relevant to endowment and foundation asset management. The paper, by academics at Saïd Business School, Oxford University and University of Connecticut School of Business, found that…
50 Classes of Teens – Changing the World in a Matter of Weeks
Leadership Greater Hartford – 50 classes of high school students are changing the world through Leadership Greater Hartford’s (LGH) Common Ground program, one of the region’s most significant youth leadership programs.
Economist Fred Carstensen: No Public Investment in R&D, Infrastructure Destroys U.S. Growth, Competitiveness
Seeking Alpha –
Summary
- The Fed’s small rate hike won’t affect much, except strengthening the dollar.
- 150,000 to 250,000 new jobs a month not the gains of our historic recoveries.
- Chinese slowdown lops half a percent off U.S. growth
Do Managers Seek Control and Entrenchment?
The CLS Blue Sky Blog – Do managers seek control of the firm, or the level of ownership consistent with entrenchment? Entrenched managers own shares within a range which is high enough to give them control, but sufficiently low to make other shareholders bear the brunt of their non-value maximizing actions. There is a large literature on how entrenched managers can benefit themselves by extracting wealth from other shareholders, but conclusive evidence that managers seek entrenchment is currently lacking.
How the NFL Moves the Stock Market
Ozy.com- For years it has been a widely held superstition among sports fans that the outcome of key games has an effect on the stock market. With the Super Bowl, it’s called the halo effect — a solid 80 percent of the time, the Dow declines for a year after the AFC team wins, and goes up, also for a year, when the NFC team wins. But, hey, investors: The pundits may be telling it all wrong.
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