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| In a lofty address that at times resembled a campaign speech, the chief executive of Wal-Mart Stores, H. Lee Scott, said that “we live in a time when people are losing confidence in the ability of government to solve problems.” But Wal-Mart, he said, “does not wait for someone else to solve problems.” Mr. Horowitz said Wal-Mart had room to improve, however. Its next goal, he said, should be to stop selling the least energy-efficient products, rather than simply introducing better models. |
| KLD Announces Social Investment Unit Trust |
| Written by David Neubert | |||
| Tuesday, 27 March 2007 15:28 | |||
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Trying to catch two waves at once, UBS, KLD, Domini and Mergent form a fund that combines popular trends: Socially responsible investing (SRI) and a focus of providing shareholder value by returning cash to shareholders via dividends. KLD, a socially responsible index provider announced the formation of a new unit trust with global banking giant UBS (UBS). The Unit Investment Trust will follow an index that includes only stocks that are part of both KLD's Domini 400 Social Index and Mergent's Dividend Achievers Index.
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| Last Updated on Tuesday, 27 March 2007 15:39 |
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