Martha Stewart Omnimedia
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Martha Stewart Omnimedia
Martha Stewart Living Omnimedia Inc. (MSLO) is a diversified media and merchandising company founded by Martha Stewart and owned by Marquee Brands LLC since April 2019. It is organized into four business segments: publishing, Internet, broadcasting media platforms, and merchandising product lines. MSLO's business holdings include a variety of print publications, television and radio programming, and e-commerce websites. History The company was founded in 1997 by Martha Stewart as an umbrella for the various media and merchandising ventures linked to the Martha Stewart brand. It went public on the New York Stock Exchange (NYSE) on October 19, 1999. The stock opened at US$18 a share, but shot up to $38 a share, making Stewart an instant billionaire. On August 6, 2002, a class action was filed against Martha Stewart Living Omnimedia, Inc. for misleading investors by issuing materially false and misleading statements, and its officers using insider information to avoid losses. A s ...
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Privately-held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ...
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Billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine ''Forbes'' produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". As of 2021, eight people have reached the status of USD hectobillionaires, meaning that each has had a net worth of at least $100 billion. Current U.S. dollar billionaires According to the ''UBS/PwC Billionaires Report ...
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BCBG Max Azria
Max Azria (January 1, 1949 – May 6, 2019) was a Tunisian-Jewish-born American fashion designer who founded the contemporary women's clothing brand BCBG MAX AZRIA. Azria was also the designer, chairman and CEO of the BCBG Max Azria Group,Mustafa, Nadia (Fall 2006). "Bon Business", ''Time Style & Design'', 81. a global fashion house that encompassed over 20 brands.Edelson, Sharon (June 3, 2009). "Miley Cyrus, Max Azria Sign Deal To Launch Line", ''Women's Wear Daily'', 12. Azria left BCBG in 2016. BCBG Max Azria filed for bankruptcy in 2017 and was sold to Marquee Brands and Global Brands Group. Later Azria served as the CEO of ZappLight. Early life and education Max Azria was born in Sfax, TunisiaMustafa, Nadia (Fall 2006). "Bon Business", ''Time Style & Design'', 82. as the youngest of six children to a Sephardic Jewish ( Tunisian-Jewish) family. As a child, Azria was educated in southeastern France before his family relocated to Paris, France in 1963. His brother is Serge ...
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Meal Kit
A meal kit is a subscription service–foodservice business model where a company sends customers pre-portioned and sometimes partially-prepared food ingredients and recipes to prepare homecooked meals. Services that send pre-cooked meals are called meal delivery services. This subscription model has been cited as an example of the personalization of the food and beverage industry that has become more popular and widespread. A meal kit is not to be confused with convenience food, which is actually cooked and "prepared" at a kitchen facility before shipment—typically in a refrigerated container. History The business model originated in Sweden, and conflicting sources credit either Kicki Theander's launch of Middagsfrid (roughly translated as “dinnertime bliss”) in 2007, or Linas Matkasse, launched in 2008 by siblings Niklas Aronsson and Lina Gebäck. Middagsfrid quickly spread to several other Northern European countries, and inspired a range of competitors. Three ...
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Common Stock
Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. They are known as equity shares or ordinary shares in the UK and other Commonwealth realms. This type of share gives the stockholder the right to share in the profits of the company, and to vote on matters of corporate policy and the composition of the members of the board of directors. The owners of common stock do not own any particular assets of the company, which belong to all the shareholders in common. A corporation may issue both ordinary and preference shares, in which case the preference shareholders have priority to receive dividends. In the event of liquidation, ordinary shareholders receive any remaining funds after bondholders, creditors (including employees), and preference shareholders are paid. When the liquidation happens through bankruptcy, the ordinary shareholders typically receive nothing. ...
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Delisting (stock)
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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Suspend Trading
A trading halt occurs in the U.S. when a stock exchange stops trading on a specific security for a certain time period. The halt, which can happen a few times a day per security if FINRA deems it, usually lasts for one hour, but is not limited to that. Trading halts can happen any time of day. The listed company is supposed to call the exchange where it is listed, 10 minutes prior to any material news that they are releasing, in order for the exchange to halt the stock before the news is released. The first 5 minutes of a halt is for "news pending" before any information is released that could affect a stock significantly, also known as the "5 minute window". Trading halts usually occur when a publicly traded company is going to release significant news about itself. The halt in trading for the affected security gives investors time to review the news and assess its impact. Another situation in which a trading halt might occur is when the exchange is uncertain "whether the secur ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Emeril Live
''Emeril Live'' is a television program that aired on Food Network from October 6, 1997, to December 11, 2007, and then on Fine Living (now The Cooking Channel) from July 7, 2008, to December 14, 2010. Hosted by Emeril Lagasse, ''Emeril Live'' featured many of the same elements as Emeril's other program, ''Essence of Emeril'' and often had a Creole theme. The program was taped in front of a live audience in New York City and featured music played by Doc Gibbs and the ''Emeril Live'' Band. In 2004, the program moved to Chelsea Market. ''Emeril Live'' began production in 1997, and won a CableACE Award for "Best Informational Show" later that year. The program featured a wide variety of cuisine from cajun to stir-fry and often featured well-known chefs as guests who cook alongside Emeril. Some of the celebrities that appeared on the program include Charlie Daniels, Patti LaBelle, Michael McDonald, Joe Perry, Sammy Hagar, Aretha Franklin, Patton Oswalt, and Jimmy Buffett. On Novem ...
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Essence Of Emeril
''Essence of Emeril'' (1994–96, 2000–2007) is a Food Network show hosted by chef Emeril Lagasse. In each episode, Emeril shares with his viewers some of his 'kicked-up' recipes, similar to those on ''Emeril Live'', but with a far calmer demeanor and quieter tone, and usually without the trademark apron An apron is a garment that is worn over other clothing to cover the front of the body. The word comes from old French ''napron'' meaning a small piece of cloth, however over time "a napron" became "an apron", through a linguistics process cal ... that has become his ''Emeril Live'' uniform starting with the 2000 season. In addition, unlike ''Emeril Live'', there is no studio audience. On some of the episodes, some of Emeril's friends/workers make an appearance. An example was when he invited three of his workers from his Homebase in Louisiana to cook up some healthy recipes. His "Essence of Emeril" set has a wine cabinet, a built-in deep fryer, and other appliances. ...
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Emeril Lagasse
Emeril John Lagassé III ( ; born October 15, 1959) is an American celebrity chef, restaurateur, television personality, cookbook author, and National Best Recipe award winner for his "Turkey and Hot Sausage Chili" recipe in 2003. He is a regional James Beard Award winner, known for his mastery of Creole and Cajun cuisine and his self-developed "New New Orleans" style. He is of Portuguese descent on his mother’s side, while being of French heritage through his father. He has appeared on a wide variety of cooking TV shows, including the long running Food Network shows ''Emeril Live'' and ''Essence of Emeril'', and is associated with several catchphrases, including "Kick it up a notch!" and "Bam!" Lagasse's portfolio of media, products, and restaurants generates an estimated US$150 million annually in revenue. Early life Emeril John Lagasse III was born on October 15, 1959, in Fall River, Massachusetts, to a French-Canadian family from Quebec. His parents are Emeril John Laga ...
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Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ...
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