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American Tire Distributors
American Tire Distributors (ATD) is an American distributor and retailer of automotive parts and supplies, including tires and wheels. The company has locations across the United States and Canada. History J.H. Heafner Co. was founded in Lincolnton, North Carolina in 1935. The company acquired Winston Tire Company in 1997, and moved ATD's headquarters from Lincolnton to Charlotte in 1998. Heafner Tire sold Winston Tire Company to Performance Management, Inc. in 2001. In 2000, Heafner Group acquired American Tire Distributors. Heafner Tire changed its name to American Tire Distributors (ATD) in 2002. American Tire Distributors was acquired by TPG Capital in 2010. In 2018, Goodyear Tire and Rubber Company announced that it would no longer use American Tire Distributors to distribute its products. The announcement caused the value of ATD shares to plummet. Bridgestone ended its partnership with ATD soon after Goodyear's announcement, leaving the company without two of its larges ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Huntersville, North Carolina
Huntersville is a large suburban town in Mecklenburg County, North Carolina, United States. A part of the Charlotte metropolitan area, the population was 61,376 at the 2020 census, making Huntersville the 15th largest municipality in North Carolina. It is located north of Charlotte. Etymology Originally named Craighead, the town was renamed to honor Robert Boston Hunter, a local cotton farmer and land owner. Geography According to the United States Census Bureau, the town has a total non-contiguous area of , of which is land and 0.03% is water. Huntersville is located 14 miles north of uptown Charlotte. Demographics 2020 census As of the 2020 United States census, there were 61,376 people, 20,074 households, and 14,960 families residing in the town. 2010 census As of the 2010 census, there were 46,773 people, 9,171 households, and 6,859 families residing in the town. The population density was 801.4 people per square mile (309.4/km). There were 9,859 housing units at an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lincolnton, North Carolina
Lincolnton is a city in Lincoln County, North Carolina, United States, within the Charlotte metropolitan area. The population was 10,486 at the 2010 census. Lincolnton is northwest of Charlotte, on the South Fork of the Catawba River. The city is the county seat of Lincoln County, and is the only legally incorporated municipality wholly within the county. History This area was long occupied by varying cultures of indigenous peoples. It was not settled extensively by European Americans until after the American Revolution in the late 18th century. In June 1780 during the American Revolutionary War, the future site of Lincolnton was the site of the Battle of Ramsour's Mill, a small engagement in which local Loyalist (American Revolution), Loyalists were defeated by pro-independence forces. Some historians consider the battle significant because it disrupted Loyalist organizing in the region at a crucial time. After the Revolution, the legislature organized a new county by splitt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charlotte Observer
''The Charlotte Observer'' is an American English-language newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. As of 2020, it has the second-largest circulation of any newspaper in the Carolinas. It is owned by Chatham Asset Management. Overview ''The Observer'' primarily serves Charlotte and Mecklenburg County and the surrounding counties of Iredell, Cabarrus, Union, Lancaster, York, Gaston, Catawba, and Lincoln. Home delivery service in outlying counties has declined in recent years, with delivery times growing later as the paper has outsourced circulation services outside the primary Charlotte area. Circulation at ''The Charlotte Observer'' has been declining for many years. The period of May 2011 showed that ''Charlotte Observer'' circulation totaled 155,497 daily and 212,318 Sunday. 2017 Print Circulation Daily: 69,987 and Sunday: 106,434. The newspaper has an online presence and its staff also oversees a NASCAR news we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Winston Tire Company
The Winston Tire Company was an American tire manufacturer and automotive service chain based in Burbank, California., and was founded by Sam Winston and Ray Oliver. The company was in business from 1962 to 2002 when it was acquired by the Goodyear Tire and Rubber Company. History Sam Winston began selling tires as a teenager after his father's death when his mother married Ray Oliver. Oliver teamed up with Sam to sell tires wholesale in 1962. Two years later, the two men opened their first retail store in Glendale as a Delta Tires dealer. Sam would earn a Bachelor's degree in Economics at the University of Southern California in 1964. The company's early growth got off to a slow start, with only four more additional stores opened in its first four years, However, the next two decades saw rapid expansion and further growth. In 1971, Sam would introduce his own private-label tire line, Winston, and in 1976, he began adding services such as brake and wheel alignment repairs. Sam's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TPG Capital
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. The firm was founded in 1992 by David Bonderman, James Coulter, and William S. Price III and has raised $50 billion of investor commitments across more than 18 private equity funds.Source: Preqin Private equity funds TPG has historically relied primarily on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and from other institutional investors. History and notable investments Founding Texas P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goodyear Tire And Rubber Company
The Goodyear Tire & Rubber Company is an American multinational tire manufacturing company founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm equipment and heavy earth-moving machinery. It also makes bicycle tires, having returned from a break in production between 1976 and 2015. As of 2017, Goodyear is one of the top five tire manufacturers along with Bridgestone (Japan), Michelin (France), Continental (Germany) and MRF (India). The company was named after American Charles Goodyear (1800–1860), inventor of vulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance. Though Goodyear had been manufacturing airships and balloons since the early 1900s, the first Goodyear advertising blimp flew in 1925. Today, it is one of the most recognizable advertising icons in America. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bridgestone
is a Japanese multinational tire manufacturer founded in 1931 by Shojiro Ishibashi (1889–1976) in the city of Kurume, Fukuoka, Japan. The name Bridgestone comes from a calque translation and transposition of , meaning 'stone bridge' in Japanese. As of 2021, Bridgestone/ Firestone is the largest manufacturer of tires in the world, followed by Michelin in France, Goodyear in the United States, MRF in India, Continental in Germany and Pirelli in Italy. Bridgestone Group has 181 production facilities in 24 countries as of July 2018. History Origins The history of Bridgestone America dates back to the two separate companies that merged to form Bridgestone Tire company. The first one is Firestone Tire & Rubber Company, that was founded in August 1900 by Harvey Firestone and was headquartered in Akron, Ohio. The second one is the ''Bridgestone Tire Company, Ltd.'', founded in 1931 by Shojiro Ishibashi in Japan. The first Bridgestone tire was produced on 9 April 1930, by the Jap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wells Fargo
Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank which designates its Sioux Falls, South Dakota site as its main office. It is the fourth largest bank in the United States by total assets and is also one of the largest as ranked by bank deposits and market capitalization. Along with JPMorgan Chase, Bank of America and Citigroup. Wells Fargo is one of the "Big Four Banks" of the United States. It has 8,050 branches and 13,000 ATMs. It is one of the most valuable bank brands. Wells Fargo, in its present form, is a result of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Junk Bond
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events, but offer higher yields than investment-grade bonds in order to compensate for the increased risk. Default risk As indicated by their lower credit ratings, high-yield debt entails more risk to the investor compared to investment grade bonds. Investors require a greater yield to compensate them for investing in the riskier securities. In the case of high-yield bonds, the risk is largely that of default: the possibility that the issuer will be unable to make scheduled interest and principal payments in a timely manner. The default rate in the high-yield sector of the U.S. bond market has averaged about 5% over the long term. During the liquidity crisis of 1989-90, the default rate was in the 5.6% to 7% range. During the pandemic of 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
