Home Must Reads Portland jettisons Walmart investments from portfolio

Portland jettisons Walmart investments from portfolio

| Print |  Email
Must Reads
Friday, May 16, 2014

The Rose City will not purchase Walmart holdings as five bonds in the current portfolio mature.

Commissioner Steve Novick has led the drive to eliminate the retailer from city treasury holdings. The Portland City Council adopted socially responsible investment principles last October.

The final Walmart bond among the five the city currently holds will expire in April 2016. At that point, the city will have eliminated $36 million worth of investments in the company, according to a release.

Read more at Portland Business Journal

 

Comments   

 
Guest
0 #1 Tommy B.Guest 2014-05-16 18:20:03
Perhaps the City of Portland can find some outstanding Enron bonds in which to invest?
Quote | Report to administrator
 

More Articles

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

The 100 Best Nonprofits to Work for in Oregon 2014

October 2014
Thursday, September 25, 2014
BY KIM MOORE

Proud, diverse and underpaid.

Pride in their organizations’ mission, fairness in the treatment of women and ethnic minorities, flexible work schedules — these are just a handful of workplace characteristics that employees of this year’s 100 Best Nonprofits appreciate about their organizations.


Read more...

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


Read more...

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS