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Saudi Arabia Says It's Ditching Fossil FuelsKinda

2015-05-29 14:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Vice: Saudi Arabia seems to see the writing on the wall when it comes to climate change, but experts think the Kingdom's oil exports are too profitable for it to ever abandon the fossil fuel industry entirely. In comments to a recent gathering of business and political leaders in Paris, Saudi Arabia's oil minister, Ali al-Naimi, suggested that his nation would phase out domestic consumption of fossil fuels by the middle of the century. He also declared that Saudi Arabia would become a major producer...

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Fossil Group PT Set at $65.00 by Piper Jaffray

2015-05-28 22:35:06| Jewelry - Topix.net

The firm currently has a a "sell" rating on the stock. Piper Jaffray's target price points to a potential downside of 8.15% from the company's current price.

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Fossil: A Joel Greenblatt Bargain Stock

2015-05-28 20:37:34| Jewelry - Topix.net

Fossil Group designs, markets and distributes consumer fashion accessories. Founded in 1984, Fossil offers men's and women's fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, soft accessories and select apparel.

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Norway fund could trigger wave large fossil fuel divestments, say experts

2015-05-28 17:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Norways decision to dump all coal-focused investments from its $900bn sovereign wealth fund could unleash a wave of divestment from other large funds, according to investment experts. The fund, the largest in the world, is one of the top 10 investors in the global coal industry. The move, agreed late on Wednesday, is one of the most significant victories to date for a fast-growing and UN-backed fossil-fuel divestment campaign. It will affect $9bn-$10bn (5.8-6.5bn) of coal-related investments,...

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Here's a Reason Fossil (FOSL) Stock is Slumping

2015-05-27 20:40:44| Jewelry - Topix.net

Earnings missed estimates by one cent and revenue was in-line with expectations. The company also posted its slowest sales growth in 3 ½ years and guided below estimates for the full year.

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