This study demonstrates that a plant closing announcement provides information not just for the plant being closed but also for other operations and the firm as a whole. An examination of changes in firm financial condition following the announcement indicates problems that are firm-wide, not...

Significant insider selling continues after a seasoned equity offering (SEO) is announced. This finding is consistent with earlier studies that equity offerings are undertaken by companies whose stock is overpriced. The study also suggests that the stock of firms that employ SEOs stays...