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United Kingdom: Fossil fuel investing risk to pension funds, says Ed Davey

2014-12-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Investing in fossil fuels is becoming increasingly risky because global action to tackle climate change will curb demand, forcing companies to leave unprofitable reserves in the ground, Ed Davey, the energy secretary, has warned. Financial authorities must examine the risks posed by coal, oil and gas companies to prevent pension funds investing in what could become "the sub-prime assets of the future', Mr Davey said. The comments are Mr Davey's first intervention into the debate over the "carbon...

Tags: united kingdom united kingdom risk

 

Andreas Halvorsen Joins Other Gurus in Investing in Alibaba

2014-12-03 22:28:53| Chemicals - Topix.net

A look at the portfolio of Norwegian-born entrepreneur Andreas Halvorsen , founder and CIO of Viking Global Investors LP, confirms his preference for healthcare stocks - such holdings account for nearly 30% of his portfolio - but, in the third quarter, he - like many of the gurus we follow at GuruFocus - couldn't resist the temptation to invest in Alibaba when the Chinese ecommerce company had its historic IPO in September. Halvorsen bought 11,387,526 shares of Alibaba for an average price of $89.95 per share.

Tags: andreas investing alibaba joins

 
 

Investing gurus would like the road ahead for Winnebago

2014-12-03 02:10:47| Mobile Homes - Topix.net

Validea's pick of the week provides a detailed report on a company that scores well in the stock-screening service's model portfolios. On Validea.ca, investors can analyze 1,000 Canadian stocks through 12 different guru-based models and get individual reports on each company.

Tags: road ahead investing gurus

 

Larry Robbins Lives Up to Reputation for Investing in Healthcare Sector

2014-12-01 23:28:19| Industrial Machines - Topix.net

During the campaigns in the recently concluded midterm elections, incumbent Democrats were reluctant to speak of Obamacare, almost as hesitant as they were to be seen with the president, on the campaign trail. But hedge fund manager Larry Robbins , founder and CEO of Glenview Capital Management, is "the rare Wall Streeter who likes the Affordable Care Act," observed Erin Arvedlund in Barron's last year.

Tags: lives sector reputation investing

 

Daimler investing ~100M in Deutsche ACCUmotive to expand lithium-ion battery system production; stationary storage

2014-12-01 15:55:46| Green Car Congress

Tags: system production storage expand

 

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