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Star status among financial analysts overrated, new study says
CHAMPAIGN, Ill. – Some Wall Street analysts are hailed as stars, packing enough wallop to send stock prices soaring or tumbling as their earnings forecasts ripple through a growing landscape of financial news outlets. But while some analysts crunch numbers better than others, the gap is small and ultimately doesn’t give investors as much of […]
Round-the-clock casinos bad for society, U. of I. gambling expert says
CHAMPAIGN, Ill. – Gambling addictions and drunken driving are among life-changing problems that will worsen if Illinois allows casinos to take bets 24 hours a day, a University of Illinois professor who has studied gambling for more than two decades says. Nationally known gambling critic John W. Kindt argues the Illinois Gaming Board should be […]
U.of I. experts say overhaul proposals could worsen credit crisis
CHAMPAIGN, Ill. – The Bush administration’s sweeping plan to overhaul the nation’s financial regulatory system could compound the credit crisis it seeks to cure, two University of Illinois finance professors say. Stephen D’Arcy says regulators should let the crisis play out, learning from the lessons it provides, rather than overreacting and implementing changes that could […]
Flash Index of Illinois economy dips slightly
A key indicator of the Illinois economy has dropped to its lowest level in more than three years. The UI Flash Index for March fell to 103.4 after rising the previous two months. The Flash Index, which is the first barometer of the condition of Illinois’ economy each month, was at 104.1 in February and […]
U. of I. to host international marketing symposium
CHAMPAIGN, Ill. – Five pioneers will be honored for their contributions to the field of marketing during an international symposium April 17-19 at the University of Illinois. The Paul D. Converse Symposium is held every four years, presenting achievement awards that constitute a “Marketing Hall of Fame,” according to Fortune magazine. The U. of I. […]
New online textbooks target students raised in the computer age
CHAMPAIGN, Ill. -Textbooks have helped turn out job-ready graduates for years, but might not be the best way to connect with a new generation of tech-savvy students who carry laptop computers to class instead of pen and paper, a University of Illinois law professor says. Michael Murray is co-writing three new law textbooks that blend […]
Gloomy reports on Social Security rooted in myth, U. of I. expert says
CHAMPAIGN, Ill. – Don’t trust the glum reports that sprout like cherry blossoms in Washington every spring, forecasting the seemingly inevitable demise of Social Security’s trust fund, a University of Illinois law professor says. Truth is, the federal retirement program has no trust fund, and there are no artificial limits on what the government can […]
Obama campaign will change election strategy, U. of I. political expert says
CHAMPAIGN, Ill. – The 2008 election will carve a spot in history, whether a yet-to-be-settled Democratic primary yields the first woman presidential nominee or the first African-American. But a University of Illinois professor predicts the tradition-busting race will also leave another legacy, cementing the social networking power of the Internet into the pavement of future […]
U. of I. recognized as CFA Program Partner institution
CHAMPAIGN, Ill. – The University of Illinois Master of Science in Finance Program has been named a CFA Program Partner, joining 54 other degree programs worldwide that meet the prestigious financial institute’s professional and ethical standards. The designation signals that the 50-year-old degree program on the Urbana campus is closely tied to professional practice and […]
Medicaid is choking demand for private insurance, study indicates
CHAMPAIGN, Ill. – The nation’s flawed-but-free Medicaid program discourages most Americans from buying long-term health insurance that could provide better care and spare their life savings, a new study co-written by a University of Illinois professor says. Finance professor Jeffrey R. Brown says the study is the first to demonstrate how Medicaid stifles demand for […]
As more corn is used for ethanol, how will we make up for lost food production?
Media reports on two studies published in the journal Science in February indicated that biofuels being produced today could actually contribute to an increase – rather than a decrease – in global greenhouse-gas emissions. Other experts are concerned about long-range social and economic consequences that may result when farmers shift from production of crops for […]
Ordinary heroes abound, expansive study of U.S. rescues shows
CHAMPAIGN, Ill. – America’s heroes aren’t just in combat fatigues, fire trucks or Hollywood scripts, according to a study by a University of Illinois professor. “The country is full of ordinary heroes,” law professor David Hyman says. “This study shows that regular, everyday people routinely do just amazing things.” Hyman spent more than four years […]