Sentences with phrase «divesting $»

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.

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.

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.

A hedge fund says the Japanese conglomerate need no longer divest its $ 18 bln memory unit after raising $ 5 bln in equity.

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.

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.

NYC will divest $ 5bn from fossil fuels and launches litigation against some of the world largest oil companies.

Since November, divestment campaigns have spread to 210 universities in the United States and Canada, and to the city of Seattle, the first municipality seeking to divest its $ 1.9 billion pension fund.

Seattle City Council Member Kshama Sawant said, «In Seattle, Indigenous activists, the NoDAPL movement, 350 Seattle, socialists and I came together to oppose the Dakota Access Pipeline and forced the City Council to divest $ 3 billion from Wells Fargo.

Supran: So just like at Harvard and around the country, at MIT we are calling on our administration to divest our $ 12.5 billion endowment from the fossil fuel industry.

Berlin, Germany voted to divest its $ 750 million public pension from oil, coal and gas companies, while Stockholm, Sweden, Sydney, Australia and San Francisco, California have joined a growing number of cities making similar commitments.

In January, New York City announced its intention to divest $ 5 billion in fossil fuel investments from its pension funds within five years.

, one of the world's biggest insurance companies announced at the Macron summit today to divest $ 3.4 bn from coal and tar sands.

Shell had publicly pledged to divest $ 30bn worth of assets to help fund the $ 54bn acquisition that was completed in February 2016 — a seemingly strenuous task.

Not exact matches

Tutu, a Nobel peace prize - winner, joined with other Nobel laureates this week to demand that the $ 350m Nobel foundation fund divest from fossil fuels.

The company, which has been selling non-core assets, said it had divested the North American rights to the hereditary angioedema drug, Ruconest, to Netherlands - based Pharming Group NV in deal worth up to $ 165 million.

Just five days after the merger closed, they divested the company's enterprise content management division (which makes software that organizes companies» internal documents), selling it to OpenText, a Canadian software company, for $ 1.62 billion.

These businesses, which represent approximately $ 278 million of the company's 2017 revenue, are part of the previously announced Conduent plan to divest up to $ 500 million in revenue in 2018 associated with non-core assets across the company.

BOSTON, March 28 - A member of a Harvard University oversight board made a rare public call for the school to divest itself from fossil fuel stocks, a move that shows continuing divisions on the issue as a new president takes over at the institution and its leading $ 37.1 billion endowment.

It divested itself of the red - hot «Fresh Mexican» concept in 2006 for a tidy profit of $ 1.5 billion.

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.

Boston - based GE is divesting about $ 20 billion in assets in an effort to reduce costs and boost profits as part of a three - year restructuring plan under...

Boston - based GE is divesting about $ 20 billion in assets as tries to reduce costs and boost profits as part of a three - year restructuring plan under...

The business is the seventh to be divested from the group and, with turnover in excess of $ 600 million, was the largest in the group.

The company will also consider divesting some nonstrategic assets, by which it said it could generate $ 1 billion or more in cash.

These businesses, which generate approximately $ 43 million in revenue are part of the announced Conduent plan to divest up to $ 500 million in revenue in 2018 associated with non-core assets across the company.

There student activists persuaded the school's chief investment officer, David Swensen, a widely respected noncorrelated investing leader, to partially divest Yale's $ 25.6 billion endowment from the fossil fuel industry.

Pfizer has struggled to divest the business for as much as $ 20 billion, after Reckitt Benckiser dropped out last month and Johnson & Johnson stepped away in January.

And so in maybe 2014 I announced a $ 10 billion restructuring program some of which was divesting slow - growth businesses.

Not only is Valeant collecting no upfront payment for divesting Sprout, it is actually the one paying, agreeing to loan Sprout $ 25 million to help get its operations up and running again.

National Australia Bank's MLC - home to the country's largest retail superannuation fund and $ 199 billion in assets under management - officially joined the bulging list of financial services sector initial public offering candidates on Thursday morning, when NAB chief executive Andrew Thorburn flagged intentions to divest the business.

WASHINGTON, May 3 AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV unit or Turner networks as part of approving its proposed $ 85.4 billion acquisition of Time Warner Inc..

WASHINGTON AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV unit or Turner networks as part of approving its proposed $ 85.4 billion acquisition of Time Warner Inc..

For Q1 of FY» 13, assuming neither Cole Haan nor Umbro is divested during the quarter, we estimate a consolidated pretax loss from these businesses of approximately $ 30 million, including costs of preparing for the divestitures.

Remington also borrowed $ 175 million to buy out investors that wanted to divest.

AT&T (T) told a federal judge that it should spurn any request by the U.S. Justice Department to make it divest its DirecTV business or Turner networks as part of approving its proposed $ 85.4 B takeover of Time Warner (TWX), Reuters reports.

** Abu Dhabi asset manager Invest AD said it has divested its 38 percent stake in Airport International Group (AIG), the developer and operator of Jordan's Queen Alia International Airport, for $ 230 million.

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.

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

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

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.

Francisco Moya (D - Queens), speaking at a rally in midtown Manhattan with dozens of immigration and affordable housing activists, said he would soon introduce a bill to require the state to divest its more than $ 178 billion pension fund from corporations that back Trump's agenda — including banks that finance immigration detention centers, and contractors involved with the proposed U.S. - Mexico border wall.

Sen. Gustavo Rivera, who received $ 2,500 from Kruger, was the first lawmaker to announce he would divest himself of the scandal - scarred Brooklyn lawmaker's contributions.

The Rockefellers, who made their vast fortune on oil, and other philanthropies and high - wealth individuals on Monday will announce pledges to divest a total of $ 50 billion from fossil fuel investments.

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.

Publicly - listed Group 1 Automotive Inc. has divested itself of three dealerships on the East Coast representing $ 160 million in trailing twelve - month revenues, including Mercedes - Benz and Vo... Read more

Non - Irish / UK assets have now been divested ($ 16 mio realized from Nigeria).

At the United Nations COP21 climate conference of 2015, RBF was touting a new report that investors across the world with $ 3.4 trillion in assets have pledged to divest from fossil fuel companies.

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.