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Fossil Group Stock Rating Reaffirmed by Piper Jaffray

2015-11-12 05:06:56| Jewelry - Topix.net

's stock had its "underweight" rating reissued by equities researchers at Piper Jaffray in a report released on Wednesday, Analyst Ratings Network.com reports. They presently have a $46.00 price objective on the stock.

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Australian fossil fuel subsidies put at $5.6bn a year in new report

2015-11-12 03:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Renew Economy: As Malcolm Turnbull heads to Turkey to attend this weekends G20 Summit in Antalya, a new international report has revealed that Australia is still subsidising fossil fuel production to the tune of a massive $A5.6 billion a year. The report, Empty promises: G20 subsidies to oil, gas and coal production, also highlights how Australian companies have received billions of dollars from other G20 governments to develop liquefied natural gas sites. And it notes that Australia also funds the industry...

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G20 spends four times more on fossil fuel output than on renewables, think tank says

2015-11-12 01:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The G20 countries spend almost four times as much to prop up fossil fuel production as they do to subsidize renewable energy, calling into question their commitment to halting climate change, a think tank said on Thursday The G20 spent an average $78 billion on national subsidies delivered through direct spending and tax breaks in 2013 and 2014, according to a report from the Overseas Development Institute (ODI) on Thursday. A further $286 billion was invested in fossil fuel production by G20...

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IEA outlines climate challenge in cheap fossil fuel world

2015-11-10 14:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Governments should ban inefficient coal power plants, International Energy Agency chief Fatih Birol said on Tuesday. They also need to boost support for renewables, regulate to improve energy efficiency and crack down on methane leaks from oil and gas production. Those were Birol`s top four recommendations to close the gap between an international goal to limit global warming to 2C and inadequate voluntary national efforts. "The IEA is ready to help the [UN climate body] and governments...

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Fossil Group Raised to "Hold" at Zacks

2015-11-09 22:35:54| Jewelry - Topix.net

According to Zacks, "Product innovation and continued momentum of the Fossil brand have been the company's growth catalysts. Fossil's connected wearables and smartwatches are also expected to bring a unique branded experience for customers.

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