Giving guidance may be tedious, but it ultimately makes markets more efficient.
Earnings announcements made in pre-trading hours lead to greater stock-price volatility than do those made in post-closing hours.
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.
A new strategy reduces pension funds’ risks, but it has a cost.
Volatility has disappeared from the economy and markets. That could be a problem.
Fewer and fewer large companies have chief operating officers, meaning CFOs are getting more operational responsibility. That should position them as CEO candidates — someday.
