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Don't Be Misled By Exxon Mobil's Safe Haven Appeal

2016-02-01 03:01:20| Chemicals - Topix.net

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Last time, when I wrote an analysis piece about Exxon Mobil in July 2015, my cautious approach towards the world's largest publicly traded energy company was met with strong criticism.

Tags: safe haven appeal exxon

ACCC says LG misled Aussies over TV rights

2015-12-15 05:32:54| Electronics - Topix.net

The consumer watchdog is taking LG Electronics to the Federal Court for the second time in a decade, this time for misleading Australians over their rights over faulty TVs. The Australian Competition and Consumer Commission says the South Korean firm made false or misleading representations when it told customers they had no rights once the manufacturer's warranty had expired.

Tags: rights tv misled aussies

One of the Worlds Largest Coal Companies Misled Investors About Climate Change Risk

2015-11-10 15:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Newsweek: Just days after President Barack Obama rejected the Keystone XL pipeline, environmentalists were handed another victory Monday morning when New York State Attorney General Eric Schneiderman released the results of an investigation that found one of the world's largest coal companies had misled the public and its shareholders about the risks climate change could pose to its bottom line. After several years of investigations, Schneiderman reached an agreement with Peabody Energy that won't require...

Tags: change companies risk largest

One of the worlds largest coal companies misled investors about climate change risk

2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mother Jones: Climate change could pose a serious risk to investors in publicly-traded fossil fuel companies, as governments around the world move to restrict carbon emissions. Many climate change advocacy groups say those companies have an obligation to their shareholders to be transparent about how demand for their product could diminish in the near future. Although Peabody escaped financial penalties this time around, it could still face litigation from aggrieved shareholders. According to Schneiderman's...

Tags: change companies risk largest