Asset Managers Highlights
Boeing shares jump nearly 10% to record high   
(Thursday - July 27, 2017)
Source: CNN Money - Shares of Boeing rose nearly 10% to a record high on Wednesday, bolstered by strong demand for air travel and ongoing cost cutting efforts
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GE, Invenergy build wind farm in Oklahoma, biggest in the U.S.   
(Thursday - July 27, 2017)
Source: Reuters - Power development company Invenergy LLC and General Electric Co on Wednesday announced plans to build the largest wind farm in the United States in Oklahoma, part of a $4.5 billion project to provide electricity to 1.1 million...
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Bitcoin Exchange Was a Nexus of Crime, Indictment Says   
(Thursday - July 27, 2017)
Source: NY Times - A Russian man was charged with overseeing a black market Bitcoin exchange that helped launder billions of dollars and stood at the nexus of several criminal enterprises, according to a federal indictment.
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Ford Recalls F-150 Trucks, E-Series Vans to Fix Faulty Seat Bolts   
(Thursday - July 27, 2017)
Source: Trucks.com - Ford Motor Co. recalled 117,000 Ford F-150 pickup trucks, E-Series vans and Escape and Lincoln MKC SUVs to replace improperly tempered bolts in seats and seatbelts.
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Facebook beats Street 4Q earnings, revenue forecasts   
(Thursday - July 27, 2017)
Source: AP News - Facebook blew past Wall Street’s expectations yet again with its quarterly earnings report, despite some concerns that its “ad load,” or the number of advertisements it can show users without clogging up their feed, has reached...
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Gas to be replaced as South Australia's main electricity source within decade, analysts say   
(Thursday - July 27, 2017)
Source: The Guardian - Renewables and battery storage will replace gas as South Australia’s main source of electricity within eight years, according to industry analysts.
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Dollar steadies after Fed skid, shares hit new highs   
(Thursday - July 27, 2017)
Source: Reuters - LONDON (Reuters) - Stocks, bonds and commodities were all on a roll on Thursday, as market bulls scented a softening in the Federal Reserve's confidence on inflation that promised to keep U.S. interest rates low for longer.
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Fed, Leaving Rates Unchanged, Expects to Wind Down Stimulus ‘Relatively Soon’   
(Thursday - July 27, 2017)
Source: NY Times - WASHINGTON — The Federal Reserve moved into the ready position Wednesday for the next phase of its retreat from its post-crisis economic stimulus campaign. In a statement after a two-day meeting of its policy-making committee,...
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Traces of controversial herbicide found in Ben & Jerry's ice cream   
(Thursday - July 27, 2017)
Source: Straights Times - A growing number of foods commonly found in kitchens across America have tested positive for glyphosate, the herbicide that is the main ingredient in the popular consumer pesticide Roundup, which is widely used in agriculture....
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Investors want more women, minorities on corporate boards   
(Wednesday - July 26, 2017) Associated Profiles : State Street Global Advisors (SSgA)
Source: The Boston Globe - head of ESG Investments and Asset Stewardship at State Street Global Advisors, said in a statement. BlackRock, a New York firm with about $5.7 trillion under management, also declared this year that board diversity would be one...
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Governance & Accountability Institute is a monitoring, intelligence-gathering and knowledge management center operating at the intersection of powerful forces reshaping relationships between stockholders and stakeholders, and the public corporation. The key players transforming the markets and interacting with corporate management and boards include fund owners and asset managers and their third party advisors-in sovereign wealth funds,socially responsible investment organizations, activist hedge funds, public pension funds, labor union funds, private equity firms, investment banks...and more.

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