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News & Updates

August 17, 2015 Asian stocks steadier on yuan; Japan rises on stimulus hope

Source: Times Union

HONG KONG — Japanese stocks rose after poor quarterly economic data raised hopes of fresh economic stimulus while other Asian indexes were steadier as the yuan stabilized after last week's shock devaluation

August 17, 2015 Morningstar unveils ESG score

Investor Daily - According to Morningstar, scores will be based on ESG company ratings from îSustainalyticsî. This will allow investors to compare funds and relevant ESG factors. Morningstar director of manager...

August 17, 2015 Drought's silver lining: Attracting investors to sustainability

Source: GreenBiz

Earlier this summer, California Gov. Jerry Brown announced mandatory water restrictions that renewed concerns about water availability in California and the potential economic impacts of the restrictions.

August 14, 2015 Morningstar to Launch ESG Scores for Mutual Funds & ETFs

Think Advisor - Morningstar will base the scores on ESG company ratings from îSustainalyticsî, a leading provider of ESG and corporate governance ratings and research for more than 20 years....

August 14, 2015 GE to Sell U.S. Online Deposit Platform to Goldman Sachs Bank USA

Source: MarketWatch

FAIRFIELD, Conn.-- GE GE, -0.27% announced today an agreement to sell GE Capital Bank’s U.S. online deposit platform along with all deposits of GE Capital Bank, including online savings accounts, online CDs and brokered CDs, to...

August 14, 2015 What's Behind the Parade of Poor Earnings at Department Stores

Source: The Street

Retail sales at department stores are down 2% this year, according to the latest data from the Census Bureau. That represents the second-worst sales performance on an unadjusted basis behind the 19.7% plunge at gas stations, due...

August 14, 2015 Euro-Area Fragility Shown as Germany, France Fall Short

Source: Bloomberg

Euro-area economic growth unexpectedly slowed last quarter as expansion in its three largest economies fell short of estimates, highlighting the fragility of the recovery amid uncertainty surrounding the global outlook.

August 14, 2015 U.S. crude oil hits six and a half year low on high stocks, China

Source: Reuters

U.S. crude oil fell to its lowest in almost six-and-a-half years on Friday as huge stockpiles and refinery shutdowns added to concerns about global oversupply and slowing economies in Asia.

August 13, 2015 Frankfurt Prosecutors Charge Eight Bankers Over Carbon Taxes

Source: Bloomberg

The case is part of the biggest crackdown on emissions-related tax crimes since Europe began its cap-and-trade system in 2005 and saw police raid Deutsche Bank. Six men, with ties to Germany’s largest bank, were found guilty in...

August 13, 2015 Oil price slump weighs on Gulf Arab Islamic banks: report

Xinhua News Agency - DUBAI, Aug. 12 (Xinhua) -- Rating agency îStandard and Poor'sî said here on Wednesday Islamic banks in the Gulf region face a gradually weakening operating outlook in the rest of this year and the...

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