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Latest CalPERS Stories

2010-10-19 11:48:00

WASHINGTON, Oct. 19 /PRNewswire-USNewswire/ -- JunkScience.com has learned that California Treasurer Bill Lockyer is retaliating against two Texas-based refiners that are supporting Proposition 23, the California ballot initiative to rollback the state's global warming law until unemployment (now at 12.4 percent) recedes to 5.5 percent. According to Climatewire, "State Treasurer Bill Lockyer, a former attorney general, urged the state's largest public employee investment funds to divest...

2010-10-18 13:11:00

Consumer Group Calls On Pension Funds to Divest From Prop 23 Backers Tesoro, Valero SANTA MONICA, Calif., Oct. 18 /PRNewswire-USNewswire/ -- Consumer advocates revealed an investor slide presentation by Texas-based oil company Tesoro explaining that oil refiners keep gasoline supplies especially tight on the West Coast to keep profits high through higher pump prices. The slides were included in a letter from Consumer Watchdog to California's large public pension funds, known as CalPERS...

2010-10-06 07:45:00

Shareowners to Vote at Special Meeting on October 6 HARRISBURG, Pa., Oct. 6 /PRNewswire-USNewswire/ -- An investor coalition, comprising seven public pension funds, is urging shareowners to vote their shares at Massey Energy Company's special meeting. Some of the proposals call for improved corporate governance practices, including instituting annual elections of directors, the elimination of supermajority voting requirements, and allowing shareholders to call special meetings. The...

2010-07-12 11:00:00

WOODLAND HILLS, Calif., July 12 /PRNewswire/ -- According to US Department of Health and Human Services, compared with urban Americans, rural residents have higher poverty rates, have fewer doctors, hospitals, and other health resources, and face more difficulty getting to health services. Beginning 2014, when health care reform becomes effective, an estimated 2.4 million Californians will be newly-eligible for Medi-Cal. However, many families who reside in rural areas and depend on state...

2010-04-19 09:00:00

"Blue Ribbon" recognition program will enable Blue Shield of California members to quickly find quality data about doctors online SAN FRANCISCO, April 19 /PRNewswire-USNewswire/ -- For the first time, Californians will have access to information identifying physicians who scored highly on evidence-based performance measures under a new program announced today by Blue Shield of California and the Pacific Business Group on Health. The groundbreaking healthcare quality transparency...

2009-09-11 07:00:00

TOKYO, Sept. 11 /PRNewswire/ -- The Taiyo Fund announced today that it has accumulated a position in excess of 5% in ULVAC Inc. (6728) to become its second largest shareholder. The Taiyo Fund is known for its cooperative investment style working with senior management to enhance shareholder value. Brian K. Heywood, Chief Executive Officer and Managing Partner of Taiyo Pacific Partners, said, "We are impressed by management's foresight to leverage its core expertise in LCD and SPE...

2009-07-21 17:42:00

- Lower Rate Plan Now Available in Imperial, San Francisco, San Mateo and San Luis Obispo Counties - SAN FRANCISCO, July 21 /PRNewswire-USNewswire/ -- Blue Shield of California announced today that it will expand the California Public Employees' Retirement System (CalPERS) NetValue(SM) service area as of January 1, 2010 to include the counties of Imperial, San Francisco, San Luis Obispo and the northern part of San Mateo. First offered in 2008, the NetValue HMO plan offers CalPERS...

2009-07-21 18:39:54

California's two government pension funds reported nearly $100 billion in losses Tuesday, amounting to about a quarter of their portfolio values. The California Public Employees' Retirement System, the largest in the nation, posted a preliminary drop of $56.2 billion for the fiscal year that ended June 30. No. 2 California State Teachers' Retirement System said its preliminary loss was $43.4 billion. The two losses combined amount to $99.6 billion. The tremendous drop in value is expected to...

2009-06-17 07:00:00

CalPERS, Anthem Blue Cross, Medco Health Solutions, and Blue Shield of California Look to Promote Adoption Among Physicians SACRAMENTO, Calif., June 17 /PRNewswire-FirstCall/ -- The State of California's efforts to move into the age of wired health care received a shot in the arm today as The California Public Employees' Retirement System (CalPERS) joined with Anthem Blue Cross, Medco Health Solutions, Inc., and Blue Shield of California to launch the state's largest electronic prescribing...

2009-03-28 13:57:59

The California public pension Calpers is demanding that the hedge funds in which it invests give it better terms, such as lower prices, a memo indicates. The move by the giant pension fund, which has $5.9 billion in hedge fund investments, shows how financial backers of the formerly high-flying investment vehicles are unhappy because they have failed to live up to their promises of making handsome returns in good times or bad, The Wall Street Journal reported Saturday. Calpers' demands,...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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