Still Life

Firefighters battled a controlled blaze on the tarmac at Penn State's University Park Airport on May 23 during a full-scale emergency exercise. The exercise was designed to provide real-time training and recertification for emergency response personnel from around the Centre Region.

University Park Airport Emergency Response Exercise

A moment of levity: Penn State Lehigh Valley graduates celebrated with the Nittany Lion after commencement ceremonies, held May 5 at Stabler Arena in Bethlehem, Pa.

Commencement across Penn State: Spring 2012

New graduates of Penn State's Eberly College of Science listened to the commencement address provided by United States Secretary of Energy Steven Chu during spring 2012 graduation ceremonies held May 5 at the Bryce Jordan Center on the University Park campus.

Spring commencement 2012 under way

A Moroccan farmer taught Penn State students about the properties of vetiver grass, including its ability to clean wastewater. The grass could be used as part of a solution to water-quality problems being experienced in Assoul, Morocco, where students spent time recently.

Penn State, Moroccan students problem-solve together

Anjelica Fortunato, left, and Jeffrey Lu reviewed for their Anatomy 129 final exam on May 1 on the HUB-Robeson Center Lawn on Penn State's University Park campus. Penn State students are preparing for and taking final exams throughout the week as spring semester 2012 comes to a close.

Finals Week Spring Semester 2012

Featured Video

Painting the Lines at Beaver Stadium

Painting the Lines at Beaver Stadium

Did They Get It Right? - RedTails

Did They Get It Right? - RedTails

Iconic Penn State elm taken down over spring break 2012

Iconic Penn State elm taken down over spring break 2012

We ... are Penn State (December 19, 2011)

We ... are Penn State (December 19, 2011)

Disease stricken matching elm tree slated for removal

Disease stricken matching elm tree slated for removal

Penn State's creamery, from the cow to the cone

Penn State's creamery, from the cow to the cone

Updates:
Penn State Promise

Board of Trustees launches new website

Faculty Senate recaps 2011-12 activity for Board of Trustees

Frazier provides update on Special Investigations Task Force

Board of Trustees meeting to be streamed live

Penn State donates more than $2.6 million to abuse prevention efforts

merger announcementsmerger announcements Feed

Business mergers announced on Fridays draw less investor attention

Tuesday, August 17, 2010

Announcing a merger on a Friday may not be the best idea if you want people to pay attention. Research by two Penn State accounting professors suggests that investor inattention results in lower trading reactions to Friday merger announcements. In a forthcoming issue of Management Science, Henock Louis, associate professor of accounting at the Penn State Smeal College of Business, and Amy Sun, assistant professor of accounting at Smeal, detail the impact of this inattentiveness on acquirers' trading volumes and returns around merger announcements. (more)