It's
divesting from fossil fuels.
Presumably that means
divesting from companies that are engaged directly in coal, gas, and oil exploration and production, though not their use.
After all, the latter would entail
divesting from the modern economy as a whole, since so many companies gain a distinct advantage from using gas - powered trucks rather than horse - drawn wagons, thus profiting from the production of fossil fuels.
On the other hand, many pages are spent
divesting the biblical picture of the Second Coming of any taint of supernaturalism.
Americans should care because the community, whose membership exceeds tens of millions in 194 countries around the globe, is one of the leading movements in Islam to bring Muslims out of the dark ages —
divesting them of the fanatical beliefs that have been the source of so much bloodshed and violence in the world today.
The US banking sector underwent intensive reforms following the global financial crisis, cutting costs, shedding risk and
divesting or restructuring underperforming assets.
We provide complete transaction evaluation for companies interested in
divesting oil and gas properties, from initial consultation to deal closing.
But this time, it's trying to make a big decision about whether to split itself up by
divesting of its consumer healthcare business, including over-the-counter (OTC) products such as Advil and Centrum vitamins.
GE has been slowly
divesting GE Capital's assets to reduce over exposure to one industry (it was their down fall in the crash of 2008 - 09).
The concept of
divesting became mainstream in the United States during the climate change debate.
Primarily to address distressed balance sheets, media companies have been
divesting assets.
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.
Investing for impact in public equities can include
divesting from companies considered harmful to the environment, as embodied by 350.org's fossil fuel divestment campaign.
At the 39:40 mark, Ross explains why he will not be
divesting from Diamond S. Shipping.
In mid-January 2016, with that verdict still pending, it announced that it was considering
divesting itself of its US life insurance unit, a plan which could undermine the US government's efforts to increase oversight of nonfinancial firms that are considered «too big to fail.»
Divesting DirecTV would eliminate the price decrease for millions of DirecTV consumers predicted by the government itself, and
divesting Turner would eliminate the content innovations and the advertising benefits that put downward pressure on Turner prices,» AT&T said in a court filing.
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:
«It (the distributor) is slowly but surely
divesting itself of everything that is not ABI.
Do the Investment Math: Building a Carbon Free Portfolio calculates the incremental risk of
divesting from coal and major carbon - producing industries and finds that such divestment does not increase portfolio risk.
The deal marks another step by Chicago - based Conagra, which has been
divesting many of its private label and condiment businesses to become a branded foods - only company.
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.
Or take Rex Tillerson, Mr. Trump's pick to be secretary of state, who will be
divesting his shares in Exxon Mobil.
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.
In any case, i have no idea about denver specifically, but if you are concerned, then you need to start
divesting slowly.
And so in maybe 2014 I announced a $ 10 billion restructuring program some of which was
divesting slow - growth businesses.
It is also considering
divesting some of its non-core downtown Toronto assets, primarily office space, located on prime commercial land.
The government will now move forward on
divesting those assets.
As Valeant's problems got worse, leading to the ouster of its CEO and an aggressive turnaround plan that called for
divesting assets to pay down debt, Addyi languished.
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.
This contradicts reports by outlets like Reuters and the New York Times, which have suggested AT&T could duck FCC review altogether by
divesting the Atlanta TV station.
When an employee takes a government job that requires
divesting of assets in order to prevent conflicts of interest — as the role of Treasury Secretary certainly would, and did for the current holder of that office, Steven Mnuchin — J.P. Morgan's policy fast - tracks the vesting of the employee's stock awards.
We expect the company will continue targeting small and midsize acquisitions to widen its geographic reach, in addition to larger acquisitions from large oil companies
divesting their noncore branded retail outlets.
The last thing any entrepreneur wants is to be forced into
divesting at a fire - sale price.
The company will also consider
divesting some nonstrategic assets, by which it said it could generate $ 1 billion or more in cash.
Some university endowments are considering
divesting fossil - fuel stocks.
Hit hard by falling oil prices, Marathon resorted to
divesting assets,
Investing in the Mirzas» sales team in India and
divesting in Dallas would allow them to target companies doing business in and between South America and India and China.
Packaged food companies have seen their sales slow as consumers prefer fresh foods and have reacted by cutting costs,
divesting underperforming businesses and increasing...
LONDON, April 12 - GlaxoSmithKline is
divesting its rare disease gene therapy drugs to Orchard Therapeutics, it said on Thursday, as Chief Executive Emma Walmsley makes good on her promise to prune the drugmaker's pharmaceuticals portfolio.
Many government and private ethics watchdogs said he should have gone further,
divesting himself of assets that could cause a conflict of interest.
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...
LONDON, April 12 - GlaxoSmithKline is
divesting its rare disease gene therapy drugs to private biotech company Orchard Therapeutics as Chief Executive Emma Walmsley makes good on her promise to prune the drugmaker's pharmaceuticals portfolio.
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...
After
divesting most if its finance arm, GE Capital, in 2015, the company is paring the business further and could even consider selling it off, the Wall Street Journal said.
In March of this year he launched Stocksy as a co-op on an agrarian model, one that pays contributors 50 % off the bat and then pays dividends at the end of the year,
divesting 90 % of its profits.
But taking share — a.k.a. growing the business — and
divesting assets aren't necessarily aligned.
The state government has begun the tender process to find a lead financial adviser as it plans to move ahead with
divesting a portion of Keystart's loan book to the private sector.
Divesting assets also leaves Barrick with less cash coming in on a recurring basis.
Groups from the U.K., the United States, Australia and Italy were also among
those divesting.
The brothers are already asserting their influence by
divesting the family's luxury jet business.