Sentences with phrase «divested holdings»

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.

Last year, after the mass shooting in San Bernardino, California, Mayor Bill de Blasio called on the other three of the city's five pension funds to further divest their holdings in companies that manufacture weapons and ammunition.

Fitzgerald had been under pressure for months for the length of time it was taking her to divest holdings that presented financial conflicts, which required her to recuse herself from some CDC decision - making.

While she was a student, Marshall became active in the U.S. - based anti-apartheid movement, demanding that universities and churches divest their holdings in companies doing business in apartheid South Africa and demanding that banks extend loans to the South African government.

announced its new fossil fuel divestment policy, the resolution stated that the UUA would divest its holdings in the

When the Unitarian Universalist Association announced its new fossil fuel divestment policy, the resolution stated that the UUA would divest its holdings in the Carbon Tracker 200 within five years.

Drawing comparisons to the anti-apartheid effort, McKibben urged a mass movement pressuring universities, colleges, churches and local governments to divest their holdings in fossil fuel companies.

As part of the Indigenous - led DC Reinvest Coalition, we're working to pressure the DC Government to divest its holdings and banking operations from Wells Fargo, which is among the biggest funders of the Keystone XL and Dakota Access pipelines, a major investor in for - profit prisons, and an institution with a long history of racist lending.

Our movement needs to convince cities, states, and major pension funds to divest their holdings in fossil fuels as well.

Students from Barnard Columbia Divest hold up the front page of the New York Times business section «The Divestment Brigade -...

Spurred in part by a Rolling Stone article authored by Bill McKibben of 350.org published last summer, students on U.S. campuses are organizing to pressure their colleges and universities to divest their holdings in fossil fuel companies.

For example, a judge should resign as a trustee if it would result in detriment to the trust to divest holdings whose retention would require frequent disqualification of the judge in violation of Canon 4D (3).

Not exact matches

Loads of illiquid assets like real estate holdings are slowing efforts by Trump's cabinet officials to divest, limiting the scope of the work they can do in the meantime.

But having divested most of the family's fossil fuel assets in the late 1990s to set up private conglomerate Coril Holdings Ltd., Ron may not have been feeling the same pain as those in the audience.

Qalaa will divest a number of its non-core assets over the next five years and reinvest the money into the five key sectors it is now focusing on, says Ahmed Heikal, chairman and founder of Qalaa Holdings.

RUSAL: The U.S. Treasury gave investors an additional month to divest or transfer their holdings in sanctions targets major aluminium producer United Company Rusal Plc, En + Group Plc and GAZ Group.

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

The move rattled investors because the sanctions require that U.S. citizens must divest of any stocks, bonds or other holdings in the targeted firms by May 7.

Cohn and his family members held about $ 220 million in Goldman stock, which he had to divest in order to resolve possible conflicts of interest before becoming White House economic adviser.

Finally, the firm has been moving to divest itself of assets in places like Egypt and the Gulf of Mexico, to focus more on its onshore North American holdings.

RBS had also contemplated seeking to keep Henry Bath as a merchant deal after buying into the Sempra Commodities business in 2008, but ultimately decided that it would be better to divest Henry Bath than hold it at arm's length, according to a person familiar with the decision.

But, according to media reports, the proposed merger has a key fact in its favor: Time Warner holds only a single broadcast license — for an Atlanta TV station — which means the companies might avoid the FCC altogether altogether by divesting the TV station.

To hold off a pending liquidity crisis, Wanda this week divested a 14 % stake in its commercial properties arm.

In a report Tuesday, the research firm IHS Markit said that the world's biggest oil companies have divested offshore holdings and become less active in acquiring new tracts.

In September of last year, the household products division was sold, and then in January of this year, its stake in Asia Satellite Telecom Holdings was divested.

Restructuring efforts to divest assets were met with strong support from investors, and favorable production data from some of its holdings showed that the company had plenty of good future prospects.

The potential for a profitable relationship with HUD underscores a central problem with Trump's refusal to fully divest from his holdings before entering office.

Still, Trump's deal with Carrier demonstrates the unprecedented challenge the president's conflicts of interest create: Unless he either puts his holdings in a truly blind trust or divests completely, a significant number of the decisions he makes will involve some level of financial incentive for himself as well as for the country.

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.

After just a year, XLFS was shut down, deemed unnecessary since the better - established XLF had divested its real estate holdings and now provided almost the exact same exposure.

He was assigned by Pandit in April 2009 to divest $ 573 billion of assets as permanent head of the Citi Holdings unit, which held unwanted businesses.

And finally, now that The Washington Post Company has divested itself of its namesake, money - losing newspaper, it has officially announced that it will be changing its name to Graham Holdings.

Loop Capital's David Miller said he would not be surprised to see if Regal Entertainment Group (NYSE: RGC) bulk buys theaters that AMC Entertainment Holdings Inc (NYSE: AMC) is seeking to divest to gain Department of Justice approval for its acquisition of Carmike Cinemas, Inc. (NASDAQ: CKEC...

Climate change activists around the city, including the leader of a Sunset Park group, are praising a decision by the de Blasio administration to divest $ 5 billion in pension holdings from companies dealing in fossil fuel.

Fresenius Medical Care today announced an important strategic step to sharpen its U.S. Care Coordination profile with the signing of a definitive agreement to divest its controlling interest in Sound Inpatient Physicians Holdings, LLC to an investment consortium led by Summit Partners, for total transaction proceeds of...

Shell, which has been slowly divesting its Woodside holding, initially said its Shell Energy Holdings Australia Limited (SEHAL) unit had struck a deal with two investment banks to sell 71.6 million Woodside shares for A$ 31.10 ($ 23.79) apiece.

Shervin Pishevar of Sherpa Capital, Ron Burkle of Yucaipa Companies and Adam Leber of Maverick sent Benchmark a letter accusing the firm of holding Uber employees hostage, and asking the firm to divest its shares.

Chinaglia quietly began to divest himself of his Italian holdings.

The board of the New York City Employees Retirement System, the city's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer said.

A recent decision by the federal Department of Justice to scale back and eventually end the use of private prisons indirectly impacted New York City's pension funds, reducing holding values by millions of dollars and leading to renewed calls from activists for the city to divest from the for - profit corporations that operate these prisons.

Hours later, over 100 New Yorkers rallied at Comptroller Scott Stringer's office, delivering a divestment valentine with thousands of petition signatures urging the City's pension funds to divest coal, oil and gas holdings.

Also at 11 a.m., Sen. Liz Krueger and Assemblyman Felix Ortiz host a forum on divesting the State Common Retirement Fund from fossil fuel holdings, Legislative Office Building, Room 944A, Albany.

The worldwide push for government entities to drop investments in fossil fuels comes home to roost in the Empire State: this week New York legislators, led by Senator Liz Krueger, introduced the Fossil Fuel Divestment Act, which would require Comptroller Tom DiNapoli to divest the Common Retirement Fund's holdings in the top 200 fossil fuel companies by 2020.

The board of the New York City Employees Retirement System, the city's largest pension fund, voted to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer said.

«While there are no immediate plans to divest our energy holdings, I welcome the opportunity to partner with Governor Cuomo and with the proposed advisory council to identify additional ways to continue our progress in achieving investment returns, while contributing to the emerging low - carbon economy,» DiNapoli said in a statement.

Frank Wolak, an economics professor at Stanford University, which has pledged to divest its coal holdings, responded that MIT's endowment, one of the biggest in the world, is a blip in the $ 60 trillion pool of public equities sloshing around worldwide, and the cost of divesting would be negligible.

Yet at this forum, an on - campus debate at the Massachusetts Institute of Technology over whether the university should divest the fossil fuel holdings within its $ 11 billion endowment, might not have happened if market forces properly priced the economic and environmental costs of climate change, a theme that Anthony Cortese, the event moderator, alluded to at the outset.

To divest or vote stock holdings?

While District Attorney Larry Krasner has made significant progress in his mandate to challenge mass incarceration, our coalition recognizes there are other political actors who hold the power to divest from prisons and invest in people.

However, the rule states that if a fund's holdings were to grow above the 15 % threshold, it does not have to divest to meet the requirements.