BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Al Gore's fund closes after attracting $5 billion]]>http://www.bloggingstocks.com/2008/03/11/al-gores-fund-closes-after-attracting-5-billion/http://www.bloggingstocks.com/2008/03/11/al-gores-fund-closes-after-attracting-5-billion/http://www.bloggingstocks.com/2008/03/11/al-gores-fund-closes-after-attracting-5-billion/#commentsFiled under: , , , ,

Former Vice President Al Gore is doing quite nicely staying out of the current political fray.

Generation Investment Management Ltd., which he co-founded with ex-Goldman Sachs Group (NYSE: GS) banker David Blood in 2004, attracted nearly $5 billion to its main Global Equity Fund and is probably restricting inflows into the fund next month, according to Bloomberg News.

The fund has some pretty high ideals according to its Web site: "We focus on the economic, environmental, social, and governance risks and opportunities that can materially affect a company's ability to sustain profitability and deliver returns. Our research plays an important role in forming our views on the quality of the business, the quality of management, and valuation."

So how does that translate in the real world? Al Gore isn't providing performance details, according to the Bloomberg story. It's kind of weird for Gore to be so mum considering that its biggest holding Novo Nordisk (NYSE: NVO) is up more than 60% over the past year in U.S. trading.

Continue reading Al Gore's fund closes after attracting $5 billion

Al Gore's fund closes after attracting $5 billion originally appeared on BloggingStocks on Tue, 11 Mar 2008 17:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>al goreAlGoredemocratsGeneration Investment Management LtdGenerationInvestmentManagementLtdgsjohnson controlsJohnsonControlsnesnnestle saNestleSanvoTue, 11 Mar 2008 17:45:00 EST<![CDATA[Justice Department probes chocolate makers]]>http://www.bloggingstocks.com/2007/12/21/justice-department-probes-chocolate-makers/http://www.bloggingstocks.com/2007/12/21/justice-department-probes-chocolate-makers/http://www.bloggingstocks.com/2007/12/21/justice-department-probes-chocolate-makers/#commentsFiled under: , ,

Last month, Canadian regulators began an investigation into allegations of price-fixing involving Hershey Co. (NYSE: HSY), Cadbury Schweppes PLC (NYSE: CSG) Mars Inc. and Nestlé SA (VTX: NESN).

Now our own Justice Department is looking into the issue as well. Chocolatiers have been battling with surging dairy prices and there have been allegations that various firms colluded to fix prices. Ontario's Superior Court of Justice has granted search warrants for the above candy makers, but no charges have been filed.

According (subscription required) to the Wall Street Journal, "It isn't clear precisely what the Justice Department is looking into or whether the preliminary inquiry will become a formal criminal investigation. Price fixing can be a serious offense, leading to heavy fines and, in some cases, jail terms for executives."

The legal issues aside, does anyone really think that lack of access to affordable chocolate is a serious problem in the United States? Judging from The US of A's collective waistline, a little price fixing and consumer gouging could do our body mass indexes a bit of good.

Justice Department probes chocolate makers originally appeared on BloggingStocks on Fri, 21 Dec 2007 12:33:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>antitrustCadbury Schweppes PLCCadburySchweppesPlcChocolatecsgdepartment of justiceDepartmentOfJusticehersheyhsyinthenewsmars incMarsIncnestle saNestleSaontariovesnFri, 21 Dec 2007 12:33:00 EST