(Bloomberg) -- Texas’ biggest pension fund has divested its direct ownership stakes in BlackRock Inc. and several other financial firms to comply with a state law prohibiting investing in companies deemed to be discriminatory against the oil and gas industry.Most Read from BloombergQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid FlowsTurkey’s South Hit by a Second High-Magnitude EarthquakeDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesUS Moves to Recover Chinese Balloon While
(Bloomberg) -- Cash flows into US sustainable funds plummeted last year as the broader market took a beating and anti-ESG crusaders targeted money managers including BlackRock Inc. for “woke capitalism.” Most Read from BloombergQuake Toll Hits 4,000 in Turkey and Syria as Rescue Teams ArriveTurkey’s South Hit by a Second High-Magnitude EarthquakeDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesUS Moves to Recover Chinese Balloon While Weighing RetaliationChina Moves From Contrite to Co
Shares of advertising-technology (adtech) company PubMatic (NASDAQ: PUBM) were up 19.7% in January, according to data provided by S&P Global Market Intelligence. The news was surprisingly thin for PubMatic in January. In early January, much of PubMatic's management exercised stock options and sold shares, which occasionally concerns investors.