““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”
Going Places: Beyond the Final Frontier
NASA's Kennedy Space Center in Cape Canaveral, Fla., will host a celebration of 50 years of space exploration, November 1 to 4. The World Space Expo uses space exploration as the springboard to showcase aeronautics, space operations, future electronics and earth and life sciences.
The event will spotlight military flying, with demonstrations by the U.S. Air Force Thunderbirds and the U.S. Army Golden Knights, the service's parachute team.
There will be plenty to see for those with their feet on the ground, as the expo brings visitors as close to space as they'll ever go, with interactive presentations supplementing historic and modern exhibits. In addition, astronauts and industry personalities will be on hand at the event's general sessions.
Visitors flying in for the event will likely find Orlando International Airport the most convenient option. Kissimmee Municipal and Orlando Sanford offer runways long enough for business jets as well as jet fuel. Rental cars are available at Orlando Sanford.
For more information about the World Space Expo, visit www.worldspace expo.com.