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Atlas Corporation
The Atlas Corporation is an American investment firm that was formed in 1928. Atlas invested in and managed a number of major US companies during the 20th century and has a number of investments in natural resources. History Atlas corporation was formed in 1928, in a merger of the United Corporation, an investment firm started in 1923 with $40,000, with Atlas Utilities and Investors Ltd. The corporation specialized in capital formation and management. In 1929, Atlas was a $12,550,000 investment trust. The company was able to shrewdly weather the Wall Street Crash of 1929, and continue to grow through the 1930s and 1940s. The corporation was founded by Floyd Odlum and his brother-in-law Boyd Hatch. With Floyd Odlum as president and Boyd Hatch as vice-president, Atlas invested, managed or controlled numerous industries, including Greyhound Lines, Bonwit Teller (acquired 1934) and Franklin Simon & Co. (acquired 1936) ladies' apparel stores, Madison Square Garden, and various m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Firm
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the Investment Company Act of 1940. Investment companies invest money on behalf of their clients who, in return, share in the profits and losses. Investment companies are designed for long-term investment, not short-term trading. Investment companies do not include brokerage companies, insurance companies, or banks. In United States securities law, there are at least three types of investment companies: * Open-End Management Investment Companies (mutual funds) *Face amount certificates companies: very rare. *Management companies * Closed-End Management Investment Companies (closed-end funds) * UITs (unit investment trusts): only issue redeemable units. In general, each of these investment companies must register under the Securities Act of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard Hughes
Howard Robard Hughes Jr. (December 24, 1905 – April 5, 1976) was an American business magnate, record-setting pilot, engineer, film producer, and philanthropist, known during his lifetime as one of the most influential and richest people in the world. He first became prominent as a film producer, and then as an important figure in the aviation industry. Later in life, he became known for his eccentric behavior and reclusive lifestyle—oddities that were caused in part by his worsening obsessive-compulsive disorder (OCD), chronic pain from a near-fatal plane crash, and increasing deafness. As a film tycoon, Hughes gained fame in Cinema of the United States, Hollywood beginning in the late 1920s, when he produced big-budget and often controversial films such as ''The Racket (1928 film), The Racket'' (1928), ''Hell's Angels (film), Hell's Angels'' (1930), and ''Scarface (1932 film), Scarface'' (1932). He later acquired the RKO Pictures film studio in 1948, recognized then as one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Of The United States
{{disambiguation ...
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Companies Of The United States
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1928
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Mercury
Project Mercury was the first human spaceflight program of the United States, running from 1958 through 1963. An early highlight of the Space Race, its goal was to put a man into Earth orbit and return him safely, ideally before the Soviet Union. Taken over from the US Air Force by the newly created civilian space agency NASA, it conducted 20 uncrewed developmental flights (some using animals), and six successful flights by astronauts. The program, which took its name from Roman mythology, cost $ (adjusted for inflation). The astronauts were collectively known as the "Mercury Seven", and each spacecraft was given a name ending with a "7" by its pilot. The Space Race began with the 1957 launch of the Soviet satellite Sputnik 1. This came as a shock to the American public, and led to the creation of NASA to expedite existing US space exploration efforts, and place most of them under civilian control. After the successful launch of the Explorer 1 satellite in 1958, crewed spacef ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convair
Convair, previously Consolidated Vultee, was an American aircraft manufacturing company that later expanded into rockets and spacecraft. The company was formed in 1943 by the merger of Consolidated Aircraft and Vultee Aircraft. In 1953, it was purchased by General Dynamics, and operated as their Convair Division for most of its corporate history. Convair is best known for its military aircraft; it produced aircraft such as the Convair B-36 Peacemaker and Convair B-58 Hustler strategic bombers, and the Convair F-102 Delta Dagger and Convair F-106 Delta Dart interceptors. It also manufactured the first Atlas rockets, including the rockets that were used for the crewed orbital flights of Project Mercury. The company's subsequent Atlas-Centaur design continued this success and derivatives of the design remain in use as of 2020. The company also entered the jet airliner business with its Convair 880 and Convair 990 designs. These were smaller than contemporary aircraft like ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Press Of Kentucky
The University Press of Kentucky (UPK) is the scholarly publisher for the Commonwealth of Kentucky, and was organized in 1969 as successor to the University of Kentucky Press. The university had sponsored scholarly publication since 1943. In 1949, the press was established as a separate academic agency under the university president, and the following year Bruce F. Denbo, then of Louisiana State University Press, was appointed as the first full-time professional director. Denbo served as director of UPK until his retirement in 1978, building a small but distinguished list of scholarly books with emphasis on American history and literary criticism. Since its reorganization, the Press has represented a consortium that now includes all of Kentucky's state universities, seven of its private colleges, and two historical societies. UPK joined the Association of University Presses in 1947. The press is supported by the Thomas D. Clark Foundation, a private nonprofit foundation establis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SM-65 Atlas
The SM-65 Atlas was the first operational intercontinental ballistic missile (ICBM) developed by the United States and the first member of the Atlas rocket family. It was built for the U.S. Air Force by the Convair Division of General Dynamics at an assembly plant located in Kearny Mesa, San Diego. Atlas became operational in October 1959, but was soon made obsolete as an ICBM by new development, and was retired from this role by 1965. Atlas required long preparation times which made it unsuitable for a quick launch ICBM. However, this was not a requirement for planned space launches, and so Atlas-derived launch vehicles served a long history as space launchers. Even before its ICBM use ended in 1965, Atlas had placed four Project Mercury astronauts in orbit and was becoming the foundation for a family of successful space launch vehicles, most notably Atlas Agena and Atlas Centaur. Mergers led to the acquisition of the Atlas Centaur line by the United Launch Alliance. Tod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RKO Pictures
RKO Radio Pictures Inc., commonly known as RKO Pictures or simply RKO, was an American film production and distribution company, one of the "Big Five" film studios of Hollywood's Golden Age. The business was formed after the Keith-Albee-Orpheum (KAO) theater chain and Joseph P. Kennedy's Film Booking Offices of America (FBO) studio were brought together under the control of the Radio Corporation of America (RCA) in October 1928. RCA chief David Sarnoff engineered the merger to create a market for the company's sound-on-film technology, RCA Photophone, and in early 1929 production began under the RKO name (an abbreviation of Radio-Keith-Orpheum). Two years later, another Kennedy holding, the Pathé studio, was folded into the operation. By the mid-1940s, RKO was controlled by investor Floyd Odlum. RKO has long been renowned for its cycle of musicals starring Fred Astaire and Ginger Rogers in the mid-to-late 1930s. Actors Katharine Hepburn and, later, Robert Mitchum had the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hortense Odlum
Hortense McQuarrie Odlum (July 1891 – January 12, 1970) was the first woman president of Bonwit Teller Department Store in New York City and the first wife of financier Floyd Odlum. Biography Hortense McQuarrie was born in St. George, Utah, the daughter of Ella Carr (Gardner) and Hector Allen McQuarrie. She married Floyd Odlum when he was a law clerk. They moved to New York City when he accepted a position with a New York law firm in 1916. Mr. Odlum became president of Atlas Corporation, which took over Bonwit Teller in 1934. Mr. Odlum appointed his wife as president. She always maintained: :"I was forced to take the job." The store was confronted with enormous financial problems bordering on bankruptcy. However, within her first two years, the volume of business doubled, and during the third it tripled. She made major rearrangements of boutiques and salons, introduced a bright, cheerful decor and focused on customer relations. She once said: :"I worked like a Trojan Troj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Formation
Capital formation is a concept used in macroeconomics, national accounts and financial economics. Occasionally it is also used in corporate accounts. It can be defined in three ways: *It is a specific statistical concept, also known as net investment, used in national accounts statistics, econometrics and macroeconomics. In that sense, it refers to a measure of the ''net additions'' to the (physical) capital stock of a country (or an economic sector) in an accounting interval, or, a measure of the amount by which the total physical capital stock ''increased'' during an accounting period. To arrive at this measure, standard valuation principles are used. *It is used also in economic theory, as a modern general term for capital accumulation, referring to the total "stock of capital" that has been formed, or to the growth of this total capital stock. *In a much broader or vaguer sense, the term "capital formation" has in more recent times been used in financial economics to refer to s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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