Ohio urges ban on int'l firms that trade with Iran

By
May 10, 2007 18:44

State pension plans in Ohio would sell their stock in companies including Nestle, Siemens AG, and Honda Manufacturing of America under a proposal to divest from international companies doing business in Iran, according to a news report. The state's five retirement funds would pull investments in about 140 companies that employ 51,740 state residents, according to the research for the State Teachers Retirement System by Institutional Shareholders Services of Rockville, Maryland, the Beacon Journal newspaper reported.


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