{"id":193,"date":"2018-03-29T21:16:07","date_gmt":"2018-03-29T21:16:07","guid":{"rendered":"http:\/\/forefrontnews.cn\/finance2news\/?p=193"},"modified":"2019-03-05T09:48:07","modified_gmt":"2019-03-05T09:48:07","slug":"new-jerseys-pension-sold-remaining-stake-of-weapons-maker-vista-outdoor","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=193","title":{"rendered":"New Jersey&#8217;s pension sold remaining stake of weapons maker Vista Outdoor"},"content":{"rendered":"<div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/demo6.aiwalls.comhttp:\/\/forefrontnews.cn\/finance2news\/wp-content\/uploads\/2018\/03\/New-Jerseys-pension-sold-remaining-stake-of-weapons-maker-Vista-Outdoor.jpg\" alt=\"New Jersey's pension sold remaining stake of weapons maker Vista Outdoor\" width=\"530\" height=\"298\" data-enlarged-image=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/img\/editorial\/2018\/03\/29\/105098812-GettyImages-918716592.1910x1000.jpg?v=1522353118\" \/><\/p>\n<div>Getty Images<\/div>\n<div>A file photo of semi-automatic AR-15&#8217;s for sale in Orem, Utah.<\/div>\n<\/div>\n<div>\n<p>New Jersey&#8217;s $78 billion state pension has sold its $1.9 million stake in the firearm and ammunition maker Vista Outdoor and may try to engage weapons makers and retailers to push for &#8220;positive change&#8221; in their business practices.<\/p>\n<p>&nbsp;<\/p>\n<p>The move comes just weeks after a state senator, Vin Gopal, introduced legislation to bar the state from investing in companies that make guns or ammunition. It is part of a fresh wave of activism by public pensions in response to the outcry over gun violence after the deadly shootings at a high school in Parkland, Florida, in February.<\/p>\n<p>Earlier this month, the State of Michigan Retirement System said it sold its shares of Olin Corp., a chemical company that also makes Winchester ammunition. But California&#8217;s Public Employees Retirement System, the largest U.S. public pension, voted against a similar proposal to sell stakes of rifle sellers, saying it could use its influence as a major shareholder more effectively than sending a message by divesting.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Jersey&#8217;s $78 billion state pension has sold its $1.9 million stake in the firearm and ammunition maker Vista Outdoor and may try to engage weapons makers and retailers to push for &#8220;positive change&#8221; in their business practices.<\/p>\n","protected":false},"author":1,"featured_media":194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[257],"tags":[],"views":122,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/193"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=193"}],"version-history":[{"count":1,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/193\/revisions"}],"predecessor-version":[{"id":226,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/193\/revisions\/226"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/194"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=193"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}