““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 ”
Slimmer SKYLink Brings Broadband to More Aircraft
Arinc's new, slimmer Ku-band antenna design for its SKYLink satellite in-flight broadband service is now available. The original antenna, created for Gulfstream, allows a fit in a wider range of tail-mounted radomes on other aircraft, including the Dassault Falcon Jet line and Bombardier's Global and Challenger models. The structure of the antenna is the only change from the original SKYLink package. Broadband will offer the same connection speeds as with the original antenna package-an aircraft-to-ground data rate of 128 kilobits per second and a ground-to-aircraft data rate varying from 512 kbps to 3.5 mbps.