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Fossil fuel divestment: climate change activists take aim at Australia's banks

2014-10-18 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Climate change activists will aim to give the big banks a $200m bloody nose on Saturday, in the latest round of what has been an increasingly bitter campaign to force the divestment of companies with fossil fuel interests. A national day of divestment will see more than 1,000 bank customers switch their accounts away from the big four banks: ANZ, Westpac, Commonwealth Bank and NAB. Campaign organisers Market Forces and 350.org claim that the major banks have already lost $250m worth of...

Tags: change aim banks fuel

 

Banks feel the heat on carbon

2014-10-13 16:26:19| Automakers - Topix.net

Banks should be forced to disclose how much of their lending goes to companies exposed to action on climate change, according to resolutions proposed by the Australasian Centre for Corporate Responsibility ahead of the big banks' annual general meetings. ANZ Banking Group, Commonwealth Bank of Australia and National Australia Bank have a "material exposure" to companies linked with fossil fuel extraction whose businesses could be impacted by limits to emissions, says a report by ACCR, a Canberra-based lobby group on shareholder empowerment.

Tags: feel heat banks carbon

 
 

Deutsche Banks Downgrades TransDigm Group Incorporated, Sees Time For Profit-Taking

2014-10-09 21:14:43| Logistics - Topix.net

Deutsche Bank downgraded TransDigm Group Incorporated on Wednesday from Buy to Hold and maintained a price target of $190. Analyst Myles Walton explained that "Transdigm continues to have one of the best business models we've found in commercial aerospace .

Tags: time group incorporated deutsche

 

Christopher & Banks cuts third-quarter outlook

2014-10-07 19:54:32| Apparel - Topix.net

Christopher & Banks Corp. on Tuesday cut its sales projections for the third quarter, saying that customer traffic in shopping malls remains soft. The retailer, which is trying to remake itself after an ill-fated expansion a few years back, said in a statement it now expects sales to range between $114 million to $118 million for the quarter.

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Christopher & Banks cuts outlook on lower sales

2014-10-07 17:55:00| Daily apparel & textile news and comment - from just-style.com

Women's wear retailer Christopher & Banks has lowered its third-quarter outlook, blaming continued softness in mall traffic and lower-than-expected sales from its September fashion show.

Tags: sales lower banks christopher

 

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