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United Kingdom: Why Univ of Edinburgh will not divest from all fossil fuels

2015-05-12 18:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: How universities invest their endowment funds is not normally headline news. But universities have found themselves in an unaccustomed spotlight over the last few months as student campaigners have called on them to withdraw their investments from companies involved in the extraction of fossil fuels. That spotlight can feel harsh when media debate takes an easy, black and white line: are they divesting, or are they not? When we looked at this over the last few months at the University of Edinburgh...

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United Kingdom: Edinburgh University refuses to divest from fossil fuels

2015-05-12 16:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Student campaigners at Edinburgh University have accused staff of being in the pockets of the fossil fuel industry after the University Court refused to divest from fossil fuels, despite recommendations to pull the plug on investments in coal and tar sands. The university court, the highest decision making body in the university, was criticised on Tuesday by students, who say that it has ignored calls from students, staff and alumni to divest from fossil fuel companies. Students also accused...

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Fossil Group Rating Increased to Hold at Zacks

2015-05-09 21:31:44| Jewelry - Topix.net

Zacks' analyst wrote, "Fossil's earnings of $0.91 per share in the first quarter of 2015 comprehensively beat the Zacks Consensus Estimate, but declined 25.4% from the prior-year quarter due to higher operating expenses. Revenues missed the consensus and also declined 7% from the prior-year quarter due to currency headwinds and an extra week in the prior-year quarter.

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How to get your pension fund to divest from fossil fuels

2015-05-09 08:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: As part of the Guardians Keep it in the ground campaign, which is urging the worlds largest charitable foundations to move their money out of fossil fuels, we look at personal divestment and how you can encourage your pension scheme to shift its portfolio or offer divestment options. What you need to know 1. Can I make my pension scheme entirely divest from fossil fuels? There are no legal barriers to a pension fund selling out of fossil fuel investments. The fidicuiary duty of trustees...

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Fossil Group Price Target Cut to $75.00

2015-05-07 06:23:27| Jewelry - Topix.net

The firm currently has an "underweight" rating on the stock. Barclays' target price would indicate a potential downside of 13.25% from the company's current price.

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