Why Earnings Guidance Matters
Giving guidance may be tedious, but it ultimately makes markets more efficient.
What’s the Best Time to Announce Earnings?
Earnings announcements made in pre-trading hours lead to greater stock-price volatility than do those made in post-closing hours.
First Data Decline Fuels $553M Loss for KKR
KKR's largest private-equity holding lost 19% of its value in the first quarter, part of a 0.9% depreciation in KKR's private-equity portfolio.
Pension Funds: Eliminate the Negative
A new strategy reduces pension funds’ risks, but it has a cost.
The Return of Moderation: Sea of Tranquility
Volatility has disappeared from the economy and markets. That could be a problem.