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## Introduction espite great interest in the effect of government announcements on financial D markets, there are no empirical tests of whether futures markets react efficiently to predictable errors in government announcements of economic data. Efficient markets theory suggests that the predictab
Most of us in the industrial world who use large quantities of natural gas have been able to do little more than react over the past 10 years. As a user of natural gas in five states, Allegheny Ludlum Steel Corporation has, with regard to energy, reacted to the changing regulatory climate, to the ch
This study examines whether the appointment of women into senior leadership positions has a more positive effect on share price than the appointment of men into equivalent positions. Our dependent variable is the degree of change in share price following the announcement of men and women into senior