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John Hancock Financial
John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent American Patriot. In 2004, John Hancock was acquired by the Canadian multinational life insurance company Manulife Financial. It operates as an independent subsidiary. The company and the majority of Manulife's U.S. assets continue to operate under the John Hancock name. History On April 21, 1862, the charter of the John Hancock Mutual Life Insurance Company was approved by John A. Andrew, governor of Massachusetts. There was not always a standardization for how the company name has been referenced. For example, a John Hancock advertisement from 1912 refers to the company as "John Hancock Mutual Life Insurance Company," but some John Hancock advertisements and newspaper articles from the 1930s refer to it as the "John Hancock Life Insurance Company." However, 1940s sources again refer to the company as the "John Hancock ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, sec ...
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Companies Based In Boston
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial ...
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Financial Services Companies Established In 1862
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 ...
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John Hancock Bowl
The Sun Bowl is a college football bowl game that has been played since 1935 in the southwestern United States at El Paso, Texas. Along with the Sugar Bowl and Orange Bowl, it is the second-oldest bowl game in the country, behind the Rose Bowl. Usually held near the end of December, games are played at the Sun Bowl stadium on the campus of the University of Texas at El Paso. Since 2011, it has featured teams from the Atlantic Coast Conference (ACC) and the Pac-12 Conference. Since 2019, the game has been sponsored by Kellogg's and is officially known as the Tony the Tiger Sun Bowl, after the mascot for the company's Frosted Flakes cereal. Previous sponsors include John Hancock Financial, Norwest Corporation, Wells Fargo, Helen of Troy Limited (using its Vitalis and Brut brands) and Hyundai Motor Company. History The first Sun Bowl was the 1935 edition, played on New Year's Day between Texas high school teams; the 1936 edition, played one year later, was the first Sun Bowl co ...
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Boston Business Journal
The ''Boston Business Journal'' is a weekly, business-oriented newspaper published in Boston, Massachusetts. It is published by the American City Business Journals. The newspaper was founded by Robert Bergenheim and launched its first issue on March 2, 1981. The newspaper was originally named "P&L The Boston Business Journal" ("P&L" stood for profit and loss). However, "P&L" was later dropped from the name. Bergenheim was a former publisher of the Boston Herald. Before that, he was an editor at '' The Christian Science Monitor''. See also *List of newspapers in Massachusetts This is a list of newspapers in Massachusetts, including print and online. Daily newspapers :''This is a list of daily newspapers currently published in Massachusetts. For weekly newspapers, see List of newspapers in Massachusetts.'' No ... References Business newspapers published in the United States Newspapers published in Boston 1981 establishments in Massachusetts Newspapers esta ...
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PR Newswire
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 Wes ...
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Back Bay
Back Bay is an officially recognized neighborhood of Boston, Massachusetts, built on reclaimed land in the Charles River basin. Construction began in 1859, as the demand for luxury housing exceeded the availability in the city at the time, and the area was fully built by around 1900. It is most famous for its rows of Victorian brownstone homes—considered one of the best preserved examples of 19th-century urban design in the United States—as well as numerous architecturally significant individual buildings, and cultural institutions such as the Boston Public Library, and Boston Architectural College. Initially conceived as a residential-only area, commercial buildings were permitted from around 1890, and Back Bay now features many office buildings, including the John Hancock Tower, Boston's tallest skyscraper. It is also considered a fashionable shopping destination (especially Newbury and Boylston Streets, and the adjacent Prudential Center and Copley Place malls) and home ...
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Seaport District
The Seaport District, or simply the Seaport, is a neighborhood in Boston, Massachusetts. It is part of the larger neighborhood of South Boston, and is also sometimes called the Innovation District. The Seaport is a formerly industrial area that has undergone an extensive redevelopment effort in recent years. It is bordered by the Fort Point Channel to the west, Boston Harbor to the north and east, and the historic residential neighborhood of South Boston to the south. It is officially referred to by the City of Boston as The South Boston Waterfront. The Seaport District is at extreme risk of climate-related flooding over the next 30 years. Name The section of South Boston north of First Street was targeted for massive redevelopment by the administration of Mayor Thomas Menino and the Boston Planning and Development Agency. Initially referred to as the Seaport District by the BRA, the area was officially restyled the "South Boston Waterfront" after virulent protest from natives an ...
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200 Clarendon Street
200 Clarendon Street, previously John Hancock Tower and colloquially known as The Hancock, is a 60-story, skyscraper in the Back Bay neighborhood of Boston. It is the tallest building in New England. The tower was designed by Henry N. Cobb of the firm I. M. Pei & Partners and was completed in 1976. The building is widely known for its prominent structural flaws, including an analysis that the entire building could overturn under certain wind loads—as well as a prominent design failure of its signature blue windows, which allowed any of the 500-lb. window panes to detach and fall—up to the full height of the building—endangering pedestrians below. In 1977, the American Institute of Architects presented the firm with a National Honor Award for the building, and in 2011 conferred on it the Twenty-five Year Award. It has been the tallest building in Boston and New England since 1976. The street address is 200 Clarendon Street, but occupants also use "Hancock Place" as a ...
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CBC News
CBC News is a division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation's English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC.ca. Founded in 1941, CBC News is the largest news broadcaster in Canada and has local, regional, and national broadcasts and stations. It frequently collaborates with its organizationally separate French-language counterpart, Radio-Canada Info. History The first CBC newscast was a bilingual radio report on November 2, 1936. The CBC News Service was inaugurated during World War II on January 1, 1941, when Dan McArthur, chief news editor, had Wells Ritchie prepare for the announcer Charles Jennings a national report at 8:00 pm. Readers who followed Jennings were Lorne Greene, Frank Herbert and Earl Cameron. ''CBC News Roundup'' (French counterpart: ''La revue de l'actualité'') started on August 16, 1943, at 7:45 pm, being replaced by ...
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The Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in U.S. history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The newspaper has been noted as "one of the nation's most prestigious papers." In 1967, ''The Boston Globe'' became the first major paper in the U.S. to come out against the Vietnam War. The paper's 200 ...
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