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Keyword: divestiture

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  • Investment fund dumps 'woke' companies

    09/15/2021 3:21:44 PM PDT · by Republican Wildcat · 12 replies
    KATU-TV / SNG ^ | September 10th 2021 | LEANDRA BERNSTEIN
    WASHINGTON (SBG) — America's largest publicly traded companies are increasingly throwing their weight behind progressive social and political issues. One investment fund has rejected "woke" corporate culture and created an exchange-traded fund (ETF) for conservatives. William Flaig has worked in investment management for over 25 years and is the founder and CEO of American Conservative Values ETF (ACVF), a $25 million fund that avoids investing in large-cap companies it determines have a liberal activist agenda. "A lot of products have come out that seem to focus on issues that don't really resonate with politically conservative investors," Flaig said. So he...
  • Central Student Govt U of MI live vote on Israel Divestiture

    03/31/2015 4:51:44 PM PDT · by taildragger · 17 replies
    The Michigan Daily ^ | March 31, 2015 | Anastassios Adamopoulos
    A few hours before Central Student Government is set to consider a divestment resolution during their weekly meeting, members of the campus group Students Allied for Freedom and Equality hung a banner from a window in Mason Hall, which read “The Deaths of These Children” and included a list of names. The list names children who have allegedly died amid the conflict between Palestinians and Israelis. The banner says the deaths of these children were “sponsored by” companies such as the Boeing Company, Caterpillar Inc., G4S and United Technologies Corporation. SAFE, a Palestinian solidarity group, posted a photo of the...
  • Snoop Dogg, Aloe Blacc Want You to Divest From the Gun Industry

    03/10/2015 10:59:35 AM PDT · by rktman · 37 replies
    rollingstone.com ^ | 3/9/2015 | ryan reed
    Snoop Dogg, Aloe Blacc and Los Angeles Clippers forward Matt Barnes are among the numerous entertainers, athletes and tech leaders supporting the "#ImUnloading" movement, which calls for individuals with 401Ks to divest from the gun industry. The campaign is a partnership between Unload Your 401K and anti-violence movement No Guns Allowed.
  • Ballmer and Gates: Here's why we're not breaking up Microsoft

    11/17/2010 7:37:37 AM PST · by Still Thinking · 13 replies
    Tech Flash ^ | November 16, 2010 | Todd Bishop
    Microsoft's annual meeting of shareholders in Bellevue this morning was pretty much the standard routine -- except for one question toward the end. The company's nine-member board was reappointed and a lone shareholder proposal, to establish a board environmental committee, was rejected. CEO Steve Ballmer touted the company's revenue and earnings growth. Shareholders complained about the stagnant share price and pressed for a higher dividend. Ballmer talked about Microsoft's product pipeline and finance chief Peter Klein noted that the company has returned more than $170 billion to shareholders in the form of dividends and stock buybacks over the past decade....
  • NYT: Corzine No Longer Holds Shares in Goldman Sachs, Adviser Says (re: seeing-eye "blind" trust)

    09/28/2005 5:29:10 AM PDT · by OESY · 3 replies · 415+ views
    New York Times ^ | September 28, 2005 | DAVID W. CHEN
    It took Senator Jon S. Corzine two decades to work his way to the top of Goldman Sachs and accumulate company shares that in 2001 were valued at $270 million. But now, all that he has left in the company is - well, nothing. On Tuesday, Mr. Corzine's campaign revealed that he had completed his divestiture of his Goldman Sachs holdings. And while it was not clear when the last of the holdings was sold, Tom Shea, a senior campaign adviser, said the sale was probably completed this year, because Mr. Corzine did not list it on his 2004 tax...
  • Review of Caterpillar sales to Israel is rejected

    04/13/2005 3:31:08 PM PDT · by Piranha · 31 replies · 646+ views
    Reuters Foundation ^ | April 13, 2005 | Reuters
    CHICAGO, April 13 (Reuters) - Shareholders of Caterpillar Inc. on Wednesday rejected a proposal that the company review its sale of bulldozers used to demolish houses and other property by Israel. The proposal was rejected by parties holding 97 percent of the company's shares, the firm announced at the heavy equipment manufacturer's annual meeting in Chicago. Caterpillar Chairman James Owens told the gathering "We don't sell armored, weaponized products" and in any case with more than 2 million of its machines in use each day around the world it cannot control what happens to them. The proposal put to shareholders,...
  • UC professors join call to divest in companies supplying Israel

    06/05/2002 5:16:02 AM PDT · by randita · 17 replies · 142+ views
    SJ Mercury News ^ | 6/5/02 | Dana Hull
    UC professors join call to divest in companies supplying Israel By Dana Hull Mercury News More than 140 University of California professors have signed a petition urging the university to divest in American companies that sell arms to Israel, and similar faculty petitions are circulating at Harvard, MIT, Princeton and Tufts. The divestment drive borrows a page from the popular anti-apartheid campaigns of the 1980s, when students and professors persuaded universities to sell millions of dollars worth of holdings in companies that did business with South Africa. ``Apartheid is one form of occupation and domination, and what's happening in the...
  • Divest Fest

    04/04/2002 3:18:28 PM PST · by white trash redneck · 3 replies · 179+ views
    American Prospect ^ | 4 Apr 02 | Richard Just
    Divest Fest: The campus left's misguided crusade against Israel. Richard Just The inane campus left is at it again. From the small -- but loud -- segment of American college students that barely waited for the World Trade Center's second tower to fall before protesting the war against terrorism comes a nascent campaign to persuade universities to sever ties with companies linked to Israel. The movement's unsurprising origins are at the University of California, Berkeley, where a group called Students for Justice in Palestine has been pushing the administration to divest. In February, the organization sponsored a conference that...