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DealBook: A New Divestment Focus: Fossil Fuels

2013-09-05 22:58:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: In the 1980s, it was South Africa. In the 1990s, it was tobacco. Now fossil fuels have become the focus of those who would change the world through the power of investing. A student movement has gathered momentum at more than 300 campuses over the last year. Members have encouraged college and university endowments to divest themselves of their holdings of companies in the fossil fuel business to avoid profiting from the release of carbon associated with the risk of global warming. While...

Tags: focus fossil fuels divestment

 

DealBook: 2 JPMorgan Directors Resign

2013-07-20 10:31:56| Chemicals - Topix.net

Two directors at JPMorgan Chase, who have received lackluster support from shareholders, resigned on Friday, the latest change in the aftermath of a multibillion-dollar trading loss last year.

Tags: directors resign jpmorgan dealbook

 
 

DealBook: S.E.C. Rejects Its Own Deal With Hedge Fund Manager

2013-07-19 20:08:51| Agriculture - Topix.net

The Securities and Exchange Commission overruled its own enforcement division's decision to settle a civil case with the high-flying money manager Philip A. Falcone and his flagship hedge fund, a rare reversal that signals a broader crackdown by the agency.

Tags: manager deal sec fund

 

DealBook: Loblaw to Buy Shoppers Drug Mart in Canada

2013-07-15 13:52:59| Grocery - Topix.net

The Loblaw Companies, Canada's largest food retailer, announced on Monday that it would acquire Shoppers Drug Mart, the country's biggest pharmacy chain, for $11.9 billion in cash and stock.

Tags: buy canada drug mart

 

DealBook: Thomson Reuters to Suspend Early Peeks at Key Index

2013-07-08 04:25:07| IT Services - Topix.net

Over the last several years, an exclusive group of investors has paid a steep premium to receive the results of a closely watched economic survey a full two seconds before its broader release.

Tags: index key early thomson

 

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