We have seen David McClain in action for the past year and a half and feel strongly that he is the right person and the best person at the right time to take the university forward.

I suspect they'll go forward. I know how they feel about David.

It became clear to us in that case there is no best practice and it is frequently something where you have to go with something that is the best for your institution.

The price action of the past 10 years shows that while Japanese investors have been sellers of foreign securities from January to March, this has not been consistent with a strengthening of the yen.

This is a new report but you should know that over the past year and a half disciplinary action has been taken and there have been cases where people have been fired for inappropriate expenses.

The action you are seeing is probably in reaction to selling that has been going on the past few days; a recovery that looks technically driven to me.