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.
Finance Professor Finds Inconsistency in California’s Earthquake Insurance Charges
Are some California homeowners subsidizing others for earthquake insurance due to policies that unfairly lump together insurance premiums for both high- and low-risk property owners?
The answer appears to be “yes,” based on new research by UConn finance professor Xiao “Joyce” Lin, a former California resident who is interested in earthquake insurance pricing and demand.Continue Reading
The Register Citizen – Once an avid player, Canaan’s Paul Ramunni hadn’t picked up an accordion for 42 years.
“I played the instrument from age 10 to 17. When I went to Fairfield University, the accordion went into the closet. In mid-2008, I woke up one morning and inexplicably had the urge to play again,” said the 67-year-old, who had a CPA firm in Canaan for 35 years before selling it five years ago. He now teaches accounting and financial literacy courses full time for the University of Connecticut.
UConn School of Business and EC-Council Partner To Train, Certify Next Generation of Cybersecurity Experts
The University of Connecticut School of Business has partnered with the EC-Council Foundation to offer three distinctive courses for information technology experts who want to be certified in the high-demand field of cybersecurity.Continue Reading
School Honors Three Top Business Leaders Who Also Make Time to Give Back
The UConn School of Business honored three of its top alumni on May 6, inducting them into the School’s Hall of Fame during an elaborate and festive ceremony at the Hartford Marriott Downtown.
Those honored included: Continue Reading
New York Life President John Y. Kim ’87 MBA Delivers Light-hearted, Advice-Filled Commencement Speech
Be kind to your siblings and your co-workers, never show up at a celebration empty handed, and listen to your mothers.
That was some of the advice that alumnus John Y. Kim ’87 MBA, the president and CIO of New York Life, offered to School of Business graduates during commencement on May 8. Continue Reading
Having a strong network of colleagues and friends is crucial in every business, but especially in commercial real estate.
“The professors really preached to us that it is important to maintain your friends and network with your classmates,” said Brendan Moore ’16. “It is such a big industry, but everyone is connected in some aspect.”
Moore, a native of Trumbull, was namedContinue Reading
Andrea Jimenez: Financial Management
Graduate Took Time to Reflect on Family’s Sacrifices That Provided Her with a Brighter Future
It would be an understatement to say that earning her college degree was profoundly important to Andrea Jimenez ’16.
“Graduation is such a special moment and it has made me reflect on where I came from and what previous generations did to allow me to be here,” said Jimenez, a native of Mexico, who has earned a bachelor’s degree in financial management.
Jimenez has lived in Connecticut since she was 2. But several years ago, Continue Reading