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World Bank's pension investments clash with values

World Bank indirectly invests part of its $18.8 bn staff pension fund in companies in industries such as coal and tobacco.
Source: Reuters
CORRECTED-RPT-EXCLUSIVE-World Bank's pension investments clash with principles

WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...
Source: Reuters | By: Valerie Volcovici and Anna Yukhananov
EXCLUSIVE-World Bank's pension investments clash with principles

WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...
Source: Reuters | By: Valerie Volcovici and Anna Yukhananov
UPDATE 1-FDA revisits safety of healthcare antiseptics such as Purell

Since the review of healthcare antiseptics in the 1970' s, things have changed, the FDA noted, alluding to a shift in frequency of use, a hospital's infection control practices, technology and safety standards. The regulator is looking to play catch up with the scientific community after an independent panel of experts to the FDA raised similar concerns last year.
Source: Reuters | By: Natalie Grover
UPDATE 1-Alpha Natural posts bigger-than-expected adjusted loss

Alpha, which idled some of its mines in West Virginia earlier this year, said its revenue fell 24 percent to $842 million in the three months to March 31 as sales volumes dropped more than 11 percent. Peabody Energy Corp and Arch Coal Inc reported bigger-than-expected losses last week. Alpha cut its 2015 capital spending plan to $200 million- $250 million from $225...
Source: Reuters
ACI Worldwide beats 1Q profit forecasts

NAPLES, Fla. _ ACI Worldwide Inc. on Thursday reported a loss of $162,000 in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share. ACI Worldwide shares have increased nearly 10 percent since the beginning of the year.
Source: The Associated Press
Final Glance: Coal companies

Arch Coal rose$. 02 or 2.3 percent, to $1.01. Consol Energy Inc. rose $1.96 or 6.8 percent, to $30.87. Peabody Energy rose$. 14 or 3.1 percent, to $4.63.
Source: The Associated Press
Midday Glance: Coal companies

Arch Coal rose$. 02 or 2.3 percent, to $1.01. Consol Energy Inc. rose $1.87 or 6.5 percent, to $30.78. Peabody Energy rose$. 16 or 3.6 percent, to $4.65.
Source: The Associated Press
Early Glance: Coal companies

Arch Coal rose$. 02 or 2.3 percent, to $1.01. Consol Energy Inc. rose$. 54 or 1.9 percent, to $29.45. Peabody Energy rose$. 05 or 1.1 percent, to $4.54.
Source: The Associated Press
Final Glance: Coal companies

Arch Coal fell$. 01 or 1.3 percent, to $0.99. Consol Energy Inc. fell$. 97 or 3.2 percent, to $28.91. Peabody Energy rose$. 14 or 3.2 percent, to $4.49.
Source: The Associated Press