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...citing the “unusual combination of circumstances presented by this particular holding”—limited its April divestiture to PetroChina, Stanford announced that it would also pull out of three other stocks linked to the Sudanese regime, including Swiss-based engineering firm ABB Ltd., Russian state-run oil producer Tatneft, and Chinese oil company Sinopec...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: Stanford Divests From Sudan | 6/9/2005 | See Source »

Harvard’s latest filings with federal regulators revealed that the University held more than $3 million in Sinopec stock and over $2 million in Tatneft shares. The filings showed no Harvard stake in ABB –although the stock is traded on several foreign markets, and the University is only required to disclose its holdings on U.S. exchanges...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: Stanford Divests From Sudan | 6/9/2005 | See Source »

This month, Stanford’s Board of Trustees will consider a student-faculty panel’s recommendation that the University sell its shares in PetroChina, Sinopec, Tatneft, and a fourth firm, the Swiss-based power company ABB...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: University Divests From PetroChina | 6/8/2005 | See Source »

...first indication that divestment campaigns are having an impact on the Sudanese regime’s business partners, ABB Ltd.—which holds a contract to improve Sudan’s electric grid—announced in April that it is “considering whether doing business [there] is the right thing...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: University Divests From PetroChina | 6/8/2005 | See Source »

...master of the world" and published two autobiographies, one while he was CEO and a sequel after he was ousted--has been consigned to history, for now. "The extreme case of 'the company, c'est moi' is behind us," says Booz Allen's Newkirk. At engineering giant ABB, based in Zurich, Jurgen Dormann stunned senior managers by telling them in one of his first meetings after taking office in September 2002, "I don't like to work too hard or take decisions. You do that." It was a playful way of signaling that he intended to delegate operating management...

Author: /time Magazine | Title: Eurobosses: Spring Cleaning | 5/17/2004 | See Source »

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