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Rockefeller Family Fund Blasts Exxon Mobil, Pledges Divestment From Fossil Fuels

2016-03-25 12:05:44| Chemicals - Topix.net

The heirs of John D. Rockefeller attacked Exxon Mobil this week, a company that is also a descendant of the famed oil baron. The Rockefeller Family Fund has announced that it will divest its assets from fossil fuels.

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Rockefeller Fund Divests From Fossil Fuels, Slams Exxon

2016-03-24 14:23:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The Rockefeller Family Fund will divest from fossil fuels and ditch its holdings of ExxonMobil, citing the oil giants morally reprehensible stance on climate change issues. John D. Rockefeller, the funds founding father, made his fortune on Exxons predecessor, Standard Oil, but spokespeople for Rockefeller stated, "There is no sane rationale for companies to continue to explore for new sources of hydrocarbons." Why a Rockefeller Donated $400,000 in Exxon Shares to Nonprofits Fighting Climate...

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Rockefeller Family Fund divests from fossil fuels, which built family's fortune

2016-03-24 07:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Age: The Rockefeller Family Fund has said that it will divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp, saying the oil company associated with the family fortune has misled the public about climate change risks. Though only a sliver of the endowment's modest $US130 million ($171 million) in assets is invested in fossil fuels, the move is notable because a century ago John D. Rockefeller snr made a fortune running Standard Oil, a precursor to Exxon Mobil....

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Fossil Group Inc (FOSL) Stock Rating Upgraded by Vetr Inc.

2016-03-24 05:57:38| Jewelry - Topix.net

The firm currently has a $39.50 price target on the stock. Vetr 's target price would suggest a potential downside of 9.38% from the stock's previous close.

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Rockefeller family charity to withdraw all investments in fossil fuel companies

2016-03-23 22:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A charitable fund of the Rockefeller family who are sitting on a multibillion-dollar oil fortune has said it will withdraw all its investments from fossil fuel companies. The Rockefeller Family Fund, a charity set up in 1967 by descendants of John D Rockefeller, said on Wednesday that it would divest from all fossil fuel holdings as quickly as possible. The fund, which was founded by Martha, John, Laurance, Nelson and David Rockefeller, singled out ExxonMobil for particular attention...

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