Manchester Stock Exchange
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Manchester Stock Exchange
The Manchester Stock Exchange, later a branch of the Northern Stock Exchange, is now a Grade II listed hotel. at 2–6 Norfolk Street, Manchester. It was built at a cost of £86,000, between 1904 and 1906 by Bradshaw, Gass and Hope, the Bolton architectural practice responsible for many of Manchester's iconic buildings. Description A three-storey rectangular Edwardian Baroque building on an island site, the Manchester Stock Exchange is built in Portland stone. The ground floor displays the same channelled rock face rustication as at Stockport Central Library. There is a strong cornice and two further floors, with the central five bays having oriel windows surmounted by colonnaded windows. The end two bays are open pedimented with coupled columns, and the square headed doors feature carved shields in their pediments. Pevsner described the interior as having "a magnificent hall with a dome supported at the corners by pilasters clad in sensuous green and cream marble." History ...
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Manchester Stock Exchange 1
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort (''castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchester's unplan ...
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Pilasters
In classical architecture, a pilaster is an architectural element used to give the appearance of a supporting column and to articulate an extent of wall, with only an ornamental function. It consists of a flat surface raised from the main wall surface, usually treated as though it were a column, with a capital at the top, plinth (base) at the bottom, and the various other column elements. In contrast to a pilaster, an engaged column or buttress can support the structure of a wall and roof above. In human anatomy, a pilaster is a ridge that extends vertically across the femur, which is unique to modern humans. Its structural function is unclear. Definition In discussing Leon Battista Alberti's use of pilasters, which Alberti reintroduced into wall-architecture, Rudolf Wittkower wrote: "The pilaster is the logical transformation of the column for the decoration of a wall. It may be defined as a flattened column which has lost its three-dimensional and tactile value." A pil ...
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Homeless
Homelessness or houselessness – also known as a state of being unhoused or unsheltered – is the condition of lacking stable, safe, and adequate housing. People can be categorized as homeless if they are: * living on the streets, also known as rough sleeping (primary homelessness); * moving between temporary shelters, including houses of friends, family, and emergency accommodation (secondary homelessness); and * living in private boarding houses without a private bathroom or security of tenure (tertiary homelessness). * have no permanent house or place to live safely * Internally Displaced Persons, persons compelled to leave their places of domicile, who remain as refugees within their country's borders. The rights of people experiencing homelessness also varies from country to country. United States government homeless enumeration studies also include people who sleep in a public or private place, which is not designed for use as a regular sleeping accommodation for hum ...
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Ryan Giggs
Ryan Joseph Giggs (né Wilson; 29 November 1973) is a Welsh association football, football coach and former player. Regarded as one of the greatest players of his generation, Giggs played his List of one-club men in association football, entire professional career for Manchester United F.C., Manchester United and briefly served as the club's interim manager. The son of rugby union and Wales national rugby league team, Wales international rugby league footballer Danny Wilson (rugby league), Danny Wilson, Giggs was born in Cardiff but moved to Manchester at the age of six when his father joined Swinton Lions, Swinton RLFC. Predominantly a Midfielder#Wide midfielder, left midfielder, he began his career with Manchester City F.C., Manchester City, but joined Manchester United on his 14th birthday in 1987. He made his professional debut for the club in 1991 and spent the next 23 years in the first team. Towards the end of the 2013–14 Manchester United F.C. season, 2013–14 season ...
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Gary Neville
Gary Alexander Neville (born 18 February 1975) is an English football pundit and former player. He is also a co-owner of English Football League club Salford City. After retiring from football in 2011, Neville went into punditry and was a commentator for Sky Sports, until he took over the head coach position at Valencia in 2015. After being sacked by the club in 2016, he returned to his position as a pundit for Sky Sports later that year. He was also assistant manager for the England national team from 2012 to 2016. As a player, Neville played as a right-back and spent his entire playing career with Manchester United, making him a one-club man. At the time of his retirement in 2011, he was the second-longest-serving player at the club behind long-time teammate Ryan Giggs, and had served as club captain for five years. He is one of the most decorated English and European footballers of all time, having won a total of 20 trophies, including eight Premier League titles and two ...
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Manchester United F
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort (''castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchester's unpla ...
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Open Outcry
Open outcry is a method of communication between professionals on a stock exchange or futures exchange, typically on a trading floor. It involves shouting and the use of hand signals to transfer information primarily about buy and sell orders. floor trading hand signals  The part of the trading floor where this takes place is called a ''pit''. In an open outcry auction, bids and offers must be made out in the open market, giving all participants a chance to compete for the order with the best price. New bids or offers would be made if better than previous pricing for efficient price discovery. Exchanges also value positions marked to these public market prices on a daily basis. In contrast, over-the-counter markets are where bids and offers are negotiated privately between principals. Since the development of the stock exchange in the 17th century in Amsterdam, open outcry was the main method used to communicate among traders. This started changing in the latter half o ...
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Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ...
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Railway Mania
Railway Mania was an instance of a stock market bubble in the United Kingdom of Great Britain and Ireland in the 1840s. It followed a common pattern: as the price of railway shares increased, speculators invested more money, which further increased the price of railway shares, until the share price collapsed. The mania reached its zenith in 1846, when 263 Acts of Parliament for setting up new railway companies were passed, with the proposed routes totalling . About a third of the railways authorised were never built—the companies either collapsed due to poor financial planning, were bought out by larger competitors before they could build their line, or turned out to be fraudulent enterprises to channel investors' money into other businesses. Causes The world's first recognizably modern inter-city railway, the Liverpool and Manchester Railway (the L&M), opened its railway in 1830 and proved to be successful for transporting both passengers and freight. In the late 1830s an ...
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Listing (finance)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are officially traded on a stock exchange. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channels. Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own listing requirements or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Share (finance)
In finance, financial markets, a share is a unit of Equity (finance), equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Valuation Shares are valued according to the various principle ...
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