Banks And Investors Are Still Pouring Billions Into Coal Companies

Coal is the number-one single source for increasing global temperatures, with coal-fired electricity generation accounting for 30% of the world’s carbon dioxide emissions. And yet, scores of banks and institutional investors continue to pump money into supporting and expanding this fossil fuel industry, new research finds. 

As of January 2021, institutional investors such as pension funds, asset managers and insurance companies around the world held investments worth more than $1 trillion in coal, with U.S. investors collectively holding 58% of the institutional investment in the global coal industry. 

Commercial banks, meanwhile, have increased their funding of coal companies since the 2016 signing of the Paris climate agreement, in which countries pledged to limit global warming to well below 2 degrees Celsius. 

The new research, released Thursday by Urgewald, Reclaim Finance and Rainforest Action Network along with 26 other nonprofits, examined the money flowing to 934 coal companies using information

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Should Value Investors Choose WhiteHorse Finance (WHF) Stock?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?

One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let’s put WhiteHorse Finance, Inc. WHF stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:

PE Ratio

A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a

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Investors await BlackRock earnings after blistering second quarter market rally

By Saqib Iqbal Ahmed

NEW YORK (Reuters) – Investors will watch next week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.

Most expect numbers from industry bellwether BlackRock and other asset managers to reflect the sharp stock market rebound. The S&P 500 rose 20% in the second quarter after falling as much in the first three months of 2020 as the coronavirus pandemic slammed the economy.

Since the performance of asset managers tends to be tied to how markets fare, investors see a range of risks ahead, including further acceleration of U.S. coronavirus cases and potential market volatility around the Nov. 3 presidential election.

Still, “just on a market level, the asset managers are inmuch better shape coming out of the second quarter than theywere coming out of the first quarter,” said

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