Sentences with phrase «to divest»

DeVos did not divest of all of her investments with ties to education — most notably a company engaged in marketing a dubious «biofeedback» device.

«The federal government's job should be to invest not divest in Upstate New York's internet access.

Cambridge, MA — In a letter released today, Harvard President Drew Faust announced that the school's governing board, the Harvard Corporation, won't divest from fossil fuels.

A week later at the powerful Pathway to Paris event at New York's Carnegie Hall, as Patti Smith, Joan Baez, Talib Kweli and Michael Stipe bore witness, Bill McKibben, spoke about the urgent need for New York to lead and to do so by divesting from fossil fuels.

Less active as competitors for land and facing succession issues, US farmers are giving a jolt to the market by divesting assets, panelists said at the Agri Investor Forum.

DiNapoli and previous comptrollers have used the fund as a vehicle for social change in the past, divesting funds from South Africa during the apartheid era, and from tobacco companies, as well as freezing and then ending investments in guns manufacturers after the Sandy Hook Elementary School shooting.

Although the moral case for divesting from coal is a powerful one, the economic case for doing so is equally compelling.

The Company also divested non-core the United States onshore assets, primarily in West Texas, East Texas / Louisiana, Wyoming, and Kansas.

Over 100 MPs have already signed the pledge to Divest Parliament, but more are needed to pressure the pension fund and build support for climate action in parliament.

Trump operates a sprawling global business with real estate holdings that aren't as easily divested as stock.

ConocoPhillips is the process of divesting $ 5 - 10 billion of assets, and Mulva said those efforts are ongoing along with other 2011 - 12 initiatives previously announced.

Over the past legislative session, the issue of divesting state pension funds of fossil fuel investments received considerable debate both in the State House and around Vermont.

They also divest assets to refine their portfolio.

Bad things come to those that chase the market, investing when things are hot, and divesting when things are not.

Seven in 10 said they plan to divest businesses in 2018 because of financing needs and changes in strategy.

The last thing any entrepreneur wants is to be forced into divesting at a fire - sale price.

But Leonardo DiCaprio is arguably the celebrity doing the most in the climate movement: he's created the Leonardo DiCaprio Foundation, joined the People's Climate March, spoken at the United Nations (as a UN messenger of peace), and has pledged to completely divest from fossil fuels — just to name a few activities.

It's time for all of us to get serious about divesting from coal and transitioning to a cleaner economy, not only as a moral imperative, but as a prudent step toward avoiding financial harm.

The company operates three distinct business units not including the Intellectual Property & Science business, which it plans on divesting by the end of 2016.

The Wallace Global Fund, which began divesting from fossil - fuel companies about four years ago, also was an early - stage investor in Tesla Motors Inc., SolarCity Corp. and Nest Labs Inc., which Google Inc. is buying for $ 3.2 billion, Dorsey said.

«We agree that climate change is one of the world's most urgent and serious issues, but we respectfully disagree with Divest Harvard on the means by which a university should confront it,» Harvard spokesperson Tania deLuzuriaga said in a statement.

Other schools divesting!

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

«During his tenure, Joe focused Novartis on leading global businesses, while divesting non-core divisions,» Novartis chairman Joerg Reinhardt said in a statement, referring to Jimenez's decision to offload the company's animal health business to Eli Lilly and its vaccines and over-the-counter drugs businesses (the latter through the formation of a joint venture) to GlaxoSmithKline.

HCP reduced its dividend as part of the spinoff, and spent the next few months divesting other assets and paying down debt.

Magna is retaining its seating business, a sector Lear still participates in after divesting the remainder of its interiors division to investor Wilbur Ross, who coupled it with the remains of Collins & Aikman to form International Automotive Components Group North America in 2007.

Both the Swedish government pension fund and the Norwegian Ministry of Finance recently divested themselves of any shares of Wal - Mart on the grounds that the chain mistreats its employees.

Recently, the Rhode Island State Investment divested pension funds from Third Point LLC, a hedge fund owned by StudentsFirstNY board member Daniel Loeb.

Moreover, as recently as January, the New York City teacher pension fund divested holdings in five publicly traded firearms manufacturers, for investments valued at $ 13.5 million.

Yale University divested part of its endowment fund, and some corporations including Amica Insurance and General Electric have stopped investing in private prisons.

The campaign said Maloney — one of Congress» wealthiest members — has been in the process of divesting many of the assets she inherited from her father.

He also plans to propose spending $ 65 million to combat harmful algal blooms in Upstate New York; divesting New York state retirement funds from fossil fuel investments; and criminalizing «revenge porn» to outlaw «sextortion» and non-consensual pornography.

Barber has long since divested himself of Skip Barber Racing School, selling off controlling interest in it back in 1999.

The exit of banks from commodity trading since 2011 includes J.P. Morgan (which retained only precious - metals trading), Deutsche Bank, Barclays, and Morgan Stanley (which divested energy - related trading).

A spokeswoman for campaigners Divest London said the motion would force the mayor to reveal his position on fossil fuels and reinforce his intention to meet his commitment to reduce London's carbon emissions by 60 per cent by 2025.

Latest case in point comes from a NY Times report that de Blasio is trying to strong - arm trustees of NYC employee pension funds — who are supposed to be fiduciaries of their beneficiaries, not mayoral rubber stamps — into divesting from oil stocks:

An even better solution would be to have MVM divest all its interests in generation and distribution / supply and become a pure transmission grid company.

A Guardian article discusses how MSCI, a provider of indexes and analysis tools, found that investors who divested away from fossil fuels outperformed «conventional investors» by 13 percent to 11.8 percent.

The Guardian reports that this has been the fastest - growing divestment movement in history, and almost $ 5.5 trillion in global assets has been divested thus far.

The bank eventually divested the real estate company.

Montreal - based Saputo has conceded it will have to divest Murray Goulburn's Koroit processing plant to compete the $ 1.3 billion acquisition of the troubled dairy company.

New York state's recent criminal justice reform law — which includes closing Riker's Island, New York City divesting from banks that fund private prisons, and ending the practice of trying 16 and 17 - year - olds as adults — is a great stride forward, but as a state that has continually dragged behind in criminal justice, it's not enough.

Recently, the Rhode Island State Investment divested pension funds from Third Point LLC, a hedge fund owned by StudentsFirstNY board member Daniel Loeb.

When universities divest, they send a message about where they see the future of energy going.