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Odwalla HQ
Odwalla Inc. () was an American food product company selling fruit juices, smoothies and food bars founded in Santa Cruz, California in 1980 and from 1995–2020 was headquartered in Half Moon Bay, California. Odwalla's products included juices, smoothies, soy milk, bottled water, organic beverages, and several types of energy bars, known as "food bars". The company experienced strong growth after its incorporation in 1985, expanding its distribution network from California to most of North America, and went public in 1993. A period of decline occurred as the result of a fatal outbreak of ''E. coli'' O157:H7 in 1996 that was caused by using bruised fruit that had been contaminated. Odwalla originally sold unpasteurized juices, claiming that the process of pasteurization altered the flavor of the juice. Following the ''E. coli'' outbreak and the death of at least one child, Odwalla adopted flash pasteurization and other sanitization procedures. Odwalla recalled its juices an ...
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Wholly Owned Subsidiary
A subsidiary, subsidiary company or daughter company is a company (law), 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 company, 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 ar ...
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Dinuba, California
Dinuba is a city in Tulare County, California, United States. The population was 21,453 at the 2010 census. It is part of the Visalia-Porterville metropolitan statistical area. The Alta District Museum is located in Dinuba in a restored railroad station; the museum has a collection of materials that illustrate local history. The name of the city is of unknown origin. While various theories about the origin exist, none have been verified. It probably is a fanciful name applied by railroad construction engineers at the time the branch line was built in this area. The city's original name was Sibleyville, named for James Sibley, who deeded 240 acres to the Pacific Improvement Company (Southern Pacific Company). Geography Dinuba is located at (36.544898, -119.389260). According to the United States Census Bureau, the city has a total area of , all of it land. The general topography is quite level ground, at an elevation of approximately above mean sea datum. The gradient i ...
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Christopher Drew (reporter)
Christopher Drew is an American investigative reporter for ''The New York Times'' . He has written on the U.S. Navy SEALS' role in Afghanistan, on submarine espionage, on presidential campaigning, and other topics. Career Drew was a recipient of a George Polk Award in 2016 for reporting on the SEALS' SEAL Team 6 and on the killing of an Afghan in 2012. According to James Barron, the journalists "wrote that SEAL teams had carried out thousands of dangerous raids but “also spurred recurring concerns about excessive killing and civilian deaths.”" He shared the award with journalists Nicholas Kulish, Mark Mazzetti, Matthew Rosenberg, Serge F. Kovaleski, Sean D. Naylor and John Ismay. He spent two years in Afghanistan with two co-authors investigating the role of U.S. Navy SEALS. Drew reported from Washington D.C. for ten years, twice winning White House Correspondents' Association awards for national reportage. He covered presidential candidate Barack Obama in 2008. His boo ...
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Colorado
Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. Colorado is the eighth most extensive and 21st most populous U.S. state. The 2020 United States census enumerated the population of Colorado at 5,773,714, an increase of 14.80% since the 2010 United States census. The region has been inhabited by Native Americans and their ancestors for at least 13,500 years and possibly much longer. The eastern edge of the Rocky Mountains was a major migration route for early peoples who spread throughout the Americas. "''Colorado''" is the Spanish adjective meaning "ruddy", the color of the Fountain Formation outcroppings found up and down the Front Range of the Rocky Mountains. The Territory of Colorado was organized on February 28, 1861, and on August 1, 1876, U.S. President Ulyss ...
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Pacific Northwest
The Pacific Northwest (sometimes Cascadia, or simply abbreviated as PNW) is a geographic region in western North America bounded by its coastal waters of the Pacific Ocean to the west and, loosely, by the Rocky Mountains to the east. Though no official boundary exists, the most common conception includes the U.S. states of Oregon, Washington (state), Washington, and Idaho, and the Canadian province of British Columbia. Some broader conceptions reach north into Alaska and Yukon, south into northern California, and east into western Montana. Other conceptions may be limited to the coastal areas west of the Cascade Mountains, Cascade and Coast Mountains, Coast mountains. The variety of definitions can be attributed to partially overlapping commonalities of the region's history, culture, geography, society, ecosystems, and other factors. The Northwest Coast is the coastal region of the Pacific Northwest, and the Northwest Plateau (also commonly known as "British Columbia Interi ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Davenport, California
Davenport is a census-designated place (CDP) in Santa Cruz County, California. Davenport sits at an elevation of . The 2020 United States census reported Davenport's population was 388. Situation Davenport lies along the coast of the Pacific Ocean, situated about 9 miles north of Santa Cruz, on Highway One. Originally on the banks of San Vicente Creek, the town expanded to the north during the twentieth century. The town is presently noted for the spectacular cliffs and bluffs above the Pacific, beaches in between cliffs, surfing opportunities, the cement plant run by Cemex (shuttered in January 2010), and the former headquarters of Odwalla, a company that makes fruit juices. History A whaling captain named John Pope Davenport settled at , about half a mile from today's town, in 1867. Davenport built a 400-foot wharf at the mouth of Agua Puerca Creek ("agua puerca" translates to "muddy water"). This wharf was built to load the lumber brought down from the hills for shipment ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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Hambrecht & Quist
Hambrecht & Quist (H&Q) was an investment bank based in San Francisco, California noted for its focus on the technology and Internet sectors. H&Q was founded by Bill Hambrecht and George Quist in California, in 1968. H&Q was an early player in the technology sector, underwriting initial public offerings (IPOs) for Apple Computer, Genentech, and Adobe Systems in the 1980s. In the 1990s, H&Q also backed the IPOs of Netscape, MP3.com, and Amazon.com. Competition in the investment banking industry in the late 1990s limited H&Q's ability to grow as an independent firm, and in 1999, Hambrecht & Quist was acquired for $1.35 billion by Chase Manhattan Bank. H&Q was originally to be renamed "Chase Securities West" but ultimately was renamed "Chase H&Q" after marketing research revealed the H&Q brand name was still valuable. This unit eventually lost the H&Q name and became part of JPMorgan Chase. The H&Q name lives on in the closed-end healthcare funds managed by Hambrecht & Quist ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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Incorporation (business)
Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town. In the United States Specific incorporation requirements in the United States differ on a state by state basis. However, there are common pieces of information that states require to be included in the certificate of incorporation. *Business purpose *Corporation name *Registered agent *Inc. *Share par value *Number of authorized shares of stock *Directors *Preferred shares *Officers *Legal address A business purpose describes the incorporated tasks a company has to do or provide. The purpose can be general, indicating that the budding company has been formed to carry out "all lawful business" in the region. Alternatively, the purpose can be specific, furnishing a more detailed explanation of the products and/or services to be offered by their company. The chosen name should be followed with a corporate iden ...
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