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Icahn Enterprises
Icahn Enterprises L.P. is an American conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The company is controlled by Carl Icahn, who owns 88% of it. History The company was incorporated on February 17, 1987. In 2006, the company sold the Sands Atlantic City hotel in Atlantic City, New Jersey and several of the adjacent lots for $274.8 million to Pinnacle Entertainment. In April 2007, the company sold its American Casino & Entertainment Properties to an affiliate of Goldman Sachs, for $1.3 billion. In September 2007, American Real Estate Partners, another entity controlled by Icahn, merged with the firm and changed its name to Icahn Enterprises L.P. In 2008, the company acquired PSC Metals for $335 million. In February 2016, Icahn Enterprises purchased Trump Entertainment Resorts, which owned the Hard Rock Hotel & Casino ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Master Limited Partnership
In the United States, a master limited partnership (MLP) or publicly traded partnership (PTP) is a publicly traded entity taxed as a partnership. It combines the tax benefits of a partnership with the liquidity of publicly traded securities. To obtain the tax benefits of a pass through, MLPs must generate at least 90% or more of their income from qualifying sources such as from production, processing, storage, and transportation of depletable natural resources and minerals. In addition, real property rents also qualify. While the "MLP" and "PTP" terms are commonly used interchangeably, MLPs are technically a type of limited partnership that conducts its operations through subsidiaries, and are not always publicly traded. While most PTPs are organized as MLPs, a PTP may be organized as a limited liability company that elects to be taxed as a partnership. History In 1981, Apache Corporation formed the United States' first MLP, Apache Petroleum Company (APC). Apache’s success d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WestPoint Home
WestPoint Home, Inc., is a supplier of fashion and core home textile products. WestPoint Home is headquartered in New York City with manufacturing and distribution facilities in the United States and overseas."WestPoint Home to Shutter Greenville, Ala., FacilityTextile World February 8, 2011, 11/17/11"WestPoint Stevens to Open Shanghai Office, Receives Filing Extension"Textile World June 2004, 11/17/11Brent Felgner"Why Icahn Needs Westpoint"Home Textiles Today March 6, 2008, 11/17/11 Their products include a diverse range of home fashion textile products including: towels, fashion bedding, sheets, comforters, blankets, mattress pads, pillows and more. Some brands that they offer include: Martex, Izod, Ralph Lauren, Hanes, Stay Bright, Vellux, Patrician, Lady Pepperell, and Utica Cotton Mills. Products from Westpoint Home are found in retail stores throughout the United States. WestPoint Home, Inc. as it is known today is the result of the mergers of three of the oldest compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Seabury, Massachusetts
New Seabury is a census-designated place (CDP) in the town of Mashpee in Barnstable County, Massachusetts, United States, on Cape Cod. The area consists primarily of summer homes for wealthy families. Attractions include county cluband the Fells Pond, Daniels Island, and Littleneck Bay neighborhoods. The population of the CDP was 717 at the 2010 census. The community is located on the historic home of the Wampanoag Nation. Native American Site New Seabury came into being during the vacation-home boom for upper-income retirees, self-employed, and long-distance commuters, who fled to coastal areas of New England during the 1960s and 1970s. What was once an almost exclusively Native American populated area, became predominately white populated. Before the construction of the New Seabury Condominiums, the Wampanoag population of the area regarded land as they always had: communal. With the vacation-home boom, "the newcomers sezied control of town government and began erecting physi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vero Beach, Florida
Vero Beach is a city in and the seat of Indian River County, Florida, United States. Vero Beach is the second most populous city in Indian River County. Abundant in beaches and wildlife, Vero Beach is located on Florida's Treasure Coast. It is thirty-four miles south of Melbourne, Florida. According to the U.S. Census Bureau's 2010 data, the city had a population of 15,220. History Pre-Columbian Parts of a human skeleton were found north of Vero in association with the remains of Pleistocene animals in 1915. The find was controversial, and the view that the human remains dated from much later than the Pleistocene prevailed for many years. In 2006, an image of a mastodon or mammoth carved on a bone was found in vicinity of the Vero man discovery. A scientific forensic examination of the bone found the carving had probably been done in the Pleistocene. Archaeologists from Mercyhurst University, in conjunction with the Old Vero Ice Age Sites Committee (OVIASC), conducted excavations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Viskase
Viskase (formerly Visking) is a global corporation based out of Lombard, Illinois, United States that supplies plastic, cellulose, and fibrous film and packaging to the food service industry, including casings for processed meats such as hot dogs and sausages. Viskase has manufacturing facilities in the United States, Mexico, Brazil and France, as well as sales offices located around the world. Viskase is a publicly traded company, using the stock symbol . Company history Origins Edwin O. Freund founder of what would become Viskase sought a readily available replacement for animal intestine casing. Upon creating a cellulose casing, using the "viscose" process (also used in rayon) he realized the product stuffed well, linked, and was able to withstand the smokehouse. Quite by accident, he discovered that when the casing was removed from the product the sausages retained their shape and were firm. This was the beginning of the skinless frankfurter or hot dog. In the 1950s, V ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Car And Foundry Company
ACF Industries, originally the American Car and Foundry Company (abbreviated as ACF), is an American manufacturer of railroad rolling stock. One of its subsidiaries was once (1925–54) a manufacturer of motor coaches and trolley coaches under the brand names of (first) ACF and (later) ACF-Brill. Today, the company is known as ACF Industries LLC and is based in St. Charles, Missouri. It is owned by investor Carl Icahn. History The American Car and Foundry Company was originally formed and incorporated in New Jersey in 1899 as a result of the merger of thirteen smaller railroad car manufacturers. The company was made up of: Later in 1899, ACF acquired the Bloomsburg Car Manufacturing Company of Bloomsburg, Pennsylvania. Orders for new freight cars were made very quickly, with several hundred cars ordered in the first year alone. Two years later, ACF acquired the Jackson and Sharp Company (founded 1863 in Wilmington, Delaware) and the Common Sense Bolster Company (of Chica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fontainebleau Resort Las Vegas
The Fontainebleau Las Vegas (formerly The Drew Las Vegas) is a hotel and casino currently under construction on the Las Vegas Strip in Winchester, Nevada. It is on the site previously occupied by the El Rancho Hotel and Casino and the Algiers Hotel. The project was announced as Fontainebleau Las Vegas in May 2005, with initial plans to begin construction by March 2006, and to have the resort opened by 2008. It was intended to be a sister property to the Fontainebleau Miami Beach hotel. It would be developed by Fontainebleau Resorts, which was owned by Jeff Soffer. Construction began in February 2007, and the hotel tower was topped off on November 14, 2008. A group of banks had agreed to provide financing, but the group was sued by Fontainebleau in April 2009, after it refused to continue funding the project. Construction was slowed down considerably, and was eventually put on hold in June 2009, when the project went into Chapter 11 bankruptcy. The project was 70-percent complete ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PRNewswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal-Mogul
Federal-Mogul Corporation is an American developer, manufacturer and supplier of products for automotive, commercial, aerospace, marine, rail and off-road vehicles; and industrial, agricultural and power-generation applications. It was acquired in February 2022 by Apollo Global Management. Federal-Mogul operated two independent business divisions, Federal-Mogul Powertrain and Federal-Mogul Motorparts. The two divisions each had their own chief executive officer. History Origins Federal-Mogul was founded in Detroit in 1899 by J. Howard Muzzy and Edward F. Lyon as the Muzzy-Lyon Company. Muzzy and Lyon went into business together producing mill supplies and rubber goods. In addition, the partners formed a subsidiary called the Mogul Metal Company where they launched various bearing innovations. Muzzy Lyon began producing bearings made from their own Babbitt metal called ''Mogul'', an alloy of tin, antimony and copper. The product was trademarked under the names of "Mogul" and "D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
