““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 ”
Satcom Direct Offers New Service
Satcom Direct (
www.satcomdirect.com), a provider of satellite voice, fax and Internet data services, has introduced a plan called Satcom On Site (SOS). SOS includes the company's Global One Number phone service, 24/7 technical support, the most recent satcom system configurations, access to the company's Plane Simple account-management program, ATS position reporting and full activation and system setup.
A premier-level plan covers the same benefits, plus technical and IT support and customized training at the customer's facility. System installation authorization includes Swift64, Swiftbroadband and router configuration, as well as operational checkout and setup.