AMHERST, Mass. - Researchers at the University of Massachusetts say company stock prices drop sharply following rejection of new drugs by the federal Food and Drug Administration (FDA), and that the announcement of the rejection made by the company, not the agency, apparently prompts instances of illegal insider trading. With Congress investigating alleged insider trading by officials at ImClone Systems following FDA rejection of an important cancer-fighting drug, the UMass team says its initial findings are timely and significant.

AMHERST, Mass. - Most people lie in everyday conversation when they are trying to appear likable and competent, according to a study conducted by University of Massachusetts psychologist Robert S. Feldman and published in the most recent Journal of Basic and Applied Social Psychology.

AMHERST, Mass. - It wasn’t your imagination: last winter really was one of the mildest on record, says Frank Keimig, a climatologist and manager of the Climate System Research Center at the University of Massachusetts. Keimig recently compiled information on last year’s winter weather, and compared those statistics with the numbers from anaverage winter in western Massachusetts.

AMHERST, Mass. - Charles Schewe, professor of marketing at the University of Massachusetts and business consultant and author, says his research into seven generational cohorts living in the U.S provides a powerful tool not only for business, but also in social research and public policy analysis.