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Newport Trust
The Newport Trust Company is a private company whose US address is in New York City. The Trust is controlled by the Newport Group, through a New Hampshire-chartered trust company. The Trust controls $34 billion in Assets under management on American stock exchanges, including roughly $10 billion in Boeing shares and roughly $3.77 billion in shares of General Dynamics. Its offices are based in Walnut Creek, California. History In March 2019, it held significant fractions of around four dozen major American firms, with the notable exception of the IT sector. Its fund distribution was most heavily weighted towards the industrial sector, followed in a 3:1 ratio with the telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ... sector. In April 2022, Newport Trust closed a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newport Group
Newport most commonly refers to: *Newport, Wales *Newport, Rhode Island, US Newport or New Port may also refer to: Places Asia *Newport City, Metro Manila, a Philippine district in Pasay Europe Ireland *Newport, County Mayo, a town on the island's west coast *Newport, County Tipperary, an inland town on Newport river United Kingdom = England = *Newport, Cornwall **Newport (Cornwall) (UK Parliament constituency) *Newport, Devon, in Barnstaple *Newport, East Riding of Yorkshire *Newport, Essex *Newport, Gloucestershire *Newport, Isle of Wight **Newport (Isle of Wight) (UK Parliament constituency) **Newport and Carisbrooke, a civil parish formerly called just "Newport" *Newport, Shropshire ** Newport Rural District **Newport (Shropshire) (UK Parliament constituency) * Newport, Somerset, a hamlet in the parish of North Curry * Newport, Dorset, in Bloxworth * Newport, Norfolk, in Hemsby *Newport Hundred, Buckinghamshire, a defunct hundred *Newport Pagnell, Buckinghamshire = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Hampshire
New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec to the north. Of the 50 U.S. states, New Hampshire is the List of U.S. states and territories by area, fifth smallest by area and the List of U.S. states and territories by population, tenth least populous, with slightly more than 1.3 million residents. Concord, New Hampshire, Concord is the state capital, while Manchester, New Hampshire, Manchester is the largest city. New Hampshire's List of U.S. state mottos, motto, "Live Free or Die", reflects its role in the American Revolutionary War; its state nickname, nickname, "The Granite State", refers to its extensive granite formations and quarries. It is well known nationwide for holding New Hampshire primary, the first primary (after the Iowa caucus) in the United States presidential election ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the third-largest defense contractor in the world based on 2020 revenue, and is the largest exporter in the United States by dollar value. Boeing stock is included in the Dow Jones Industrial Average. Boeing is incorporated in Delaware. Boeing was founded by William Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. Then chairman and CEO of Boeing, Philip M. Condit, assumed those roles in the combined company, while Harry Stonecipher, former CEO of McDonnell Douglas, became president and COO. The Boeing Company's corporate headquarters is in Chicago, Illi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Dynamics
General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and 5th largest in the United States by total sales. The company is a Fortune 100 company, and was ranked No. 94 in 2022. Formed in 1954 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair, the corporation today consists of ten subsidiary companies with operations in 45 countries. The company's products include Gulfstream business jets, Virginia- and Columbia-class nuclear-powered submarines, Arleigh Burke-class guided-missile destroyers, M1 Abrams tanks and Stryker armored fighting vehicles. In 2021, General Dynamics had worldwide sales of $38.85 billion and a workforce of approximately 103,000 full-time employees. The current chairman and chief executive officer (CEO) is Phebe Novakovic. History Electric Boat Ge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walnut Creek, California
Walnut Creek is a city in Contra Costa County, California, United States, located in the East Bay region of the San Francisco Bay Area, about east of the city of Oakland. With a total population of 70,127 per the 2020 census, Walnut Creek serves as a vibrant hub for its neighboring cities because of its location at the junction of the highways from Sacramento and San Jose ( I-680) and San Francisco/Oakland ( SR-24), and its accessibility by BART. Its active downtown neighborhood features hundred-year-old buildings and extensive high-end retail establishments. The city shares its borders with Clayton, Lafayette, Alamo, Pleasant Hill, and Concord. History There are three bands of Bay Miwok Native Americans associated with the area of Walnut Creek (the stream for which the city is named):Forester, 2006.Milliken, 1995 the '' Saclan'', whose territory extended through the hills east of present-day cities of Oakland, Rossmoor, Lafayette, Moraga and Walnut Creek; the ''Volv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products tend to generate h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ascensus
Ascensus, LLC. is an American financial services company. It offers savings plans of various kinds. It was founded in 1980; the head office is in Dresher, Pennsylvania. History and ownership In 2015, Ascensus was offered for sale by private equity investment firm JC Flowers. In the fourth quarter of 2015, the company was acquired by Genstar Capital and Aquiline Capital Partners. The company is a NAFCU (National Association of Federally-Insured Credit Unions) Preferred Partner. In April 2020, Kevin Cox was appointed Head of Retirement Business at Ascensus. Mr. Cox succeeds Shannon Kelly, who will take a professional Sabbatical after nearly 20 years at the company while Peg Creonte succeeds Mr. Cox as head of his business line of government savings. In 2021, Ascensus was sold by Genstar Capital and Aquiline Capital Partners to Stone Point Capital LLC and GIC for $3 billion. Retirement savings In December 2016, Ascensus was chosen to manage the Oregon Retirement Savings Plan, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Management Companies Of The United States
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
