Ronald Kramer (business)
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Ronald Kramer (business)
Ronald J. "Ron" Kramer (born 1958) is an American business executive. He is the Chairman and CEO of Griffon Corporation, a conglomerate holding company headquartered in New York, New York. Biography Kramer received a B.S. from the Wharton School of the University of Pennsylvania in 1980 and a MBA from New York University in 1981. He started his career at Citibank and then worked as a corporate finance specialist at Ladenburg Thalmann, a New York-based investment bank, for thirteen years, becoming Chairman and CEO in 1995. In 1999, Kramer became a Managing Director and Partner at Wasserstein Perella & Co. and its successor Dresdner Kleinwort Wasserstein. Kramer left Wall Street in 2002 to become President and Director of Wynn Resorts Ltd (), a Las Vegas-based developer and operator of destination casino resorts. Kramer succeeded his father-in-law Harvey R. Blau as CEO of Griffon in 2008. To improve Griffon's balance sheet, Kramer secured a new $100 million revolving line of c ...
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University Of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universities by numerous organizations and scholars. While the university dates its founding to 1740, it was created by Benjamin Franklin and other Philadelphia citizens in 1749. It is a member of the Ivy League. The university has four undergraduate schools as well as twelve graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the School of Engineering and Applied Science, the Wharton School, and the School of Nursing. Among its highly ranked graduate schools are its law school, whose first professor wrote the first draft of the United States Constitution, its medical school, the first in North America, and Wharton, the first collegiate business school. Penn's endowment is US$20.7 billio ...
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Dresdner Kleinwort Wasserstein
Kleinwort Hambros is a private bank owned by Société Générale that offers financial services from offices throughout the United Kingdom and Channel Islands. Kleinwort Hambros focuses on private banking, providing a range of services for high net worth individuals and corporate clients, managing liquid and illiquid assets including a provision of corporate advice and private office capabilities. History In June 2016, Société Générale acquired Kleinwort Benson from Oddo et Cie. It merged Kleinwort Benson with its existing private banking subsidiary SG Hambros in November 2016 to form Kleinwort Hambros. References Economy of the City of London Investment banks Banks established in 2016 Financial services companies established in 2016 Banks of the United Kingdom {{UK-bank-stub ...
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Leap Wireless International
Leap Wireless International, Inc. was a telecommunications operator that provided wireless services to approximately 4.6 million subscribers, the 5th largest, through its subsidiary, Cricket Communications, Inc. (Cricket Wireless). It was headquartered in San Diego, California. Leap Wireless and Cricket Wireless are now subsidiaries of AT&T. Leap was founded in 1999 and was built on the premise of unlimited services with no contracts and no credit checks, providing access to wireless services to customers who couldn’t otherwise afford it, didn't want the long-term commitment of a one- or two-year contract, or had a moral or religious objection to a credit check. A credit check is normally required for contract plans offered by telecommunications companies. Leap has all-digital CDMA 1X, EV-DO and LTE networks that have expanded significantly in the past few years. On July 12, 2013, AT&T agreed to buy Leap Wireless for $1.2 billion. On March 13, 2014, the Federal Communicatio ...
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Telephonics Corporation
Griffon Corporation is a multinational conglomerate headquartered in New York City. The company conducts its operations through five subsidiaries: The AMES Companies, ClosetMaid, Clopay Building Products, CornellCookson, and Telephonics Corporation. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices. Griffon operates as a diversified management and holding company conducting business through wholly owned subsidiaries. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon focuses on acquiring, owning, and operating businesses in a variety of industries, and intends to continue the growth of its existing segments and diversify further through investments and acquisitions. Griffon's subsidiaries include: The AMES Companies is a manuf ...
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Ames True Temper
Ames True Temper is a multinational corporation headquartered in Camp Hill, Pennsylvania, USA. It is a wholly owned subsidiary of Griffon Corporation. Ames True Temper specializes in the manufacture of non-powered lawn and garden products. Their manufacturing plant is located in Harrisburg, Pennsylvania, and produces 85% of the wheelbarrows in the United States and Canada producing 1.7 million wheelbarrows each year. The Harrisburg plant has been in continual operation since 1876. Ames , which celebrated its 200th anniversary in 1974, is among the oldest still-extant business corporations in the United States. History Formation Blacksmith and pioneer Captain John Ames began making metal shovels in America in 1774. Ames underwent a merger in 1931 including Baldwin Tool Works of Parkersburg, West Virginia, the Ames Shovel and Tool Company of North Easton, Massachusetts; the Wyoming Shovel Works of Wyoming, Pennsylvania; Hubbard & Co. of Pittsburgh, Pennsylvania; and the Pittsb ...
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Clopay Building Products
Griffon Corporation is a multinational conglomerate headquartered in New York City. The company conducts its operations through five subsidiaries: The AMES Companies, ClosetMaid, Clopay Building Products, CornellCookson, and Telephonics Corporation. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices. Griffon operates as a diversified management and holding company conducting business through wholly owned subsidiaries. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon focuses on acquiring, owning, and operating businesses in a variety of industries, and intends to continue the growth of its existing segments and diversify further through investments and acquisitions. Griffon's subsidiaries include: The AMES Companies is a manuf ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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Senior Debt
In finance, senior debt, frequently issued in the form of senior notes or referred to as senior loans, is debt that takes priority over other unsecured or otherwise more "junior" debt owed by the issuer. Senior debt has greater seniority in the issuer's capital structure than subordinated debt. In the event the issuer goes bankrupt, senior debt theoretically must be repaid before other creditors receive any payment. Senior debt is often secured by collateral on which the lender has put in place a first lien. Usually this covers all the assets of a corporation and is often used for revolving credit lines. It is the debt that has priority for repayment in a liquidation. It is a class of corporate debt that has priority with respect to interest and principal over other classes of debt and over all classes of equity by the same issuer. Limitations to seniority Secured parties may receive preference to unsecured senior lenders Notwithstanding the senior status of a loan or other d ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Revolving Line Of Credit
Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Credit cards are an example of revolving credit used by consumers. Corporate revolving credit facilities are typically used to provide liquidity for a company's day-to-day operations. They were first introduced by the Strawbridge and Clothier Department Store. It is an arrangement which allows for the loan amount to be withdrawn, repaid, and redrawn again in any manner and any number of times, until the arrangement expires. Credit card loans and overdrafts are revolving loans, also called evergreen loan. Typical characteristics * The borrower may use or withdraw funds up to a pre-approved credit limit. * The amount of available credit decreases and increases as funds are borrowed and then repaid. * The credit may be used repeatedly. * The borrower makes payments based only on the amount he or she has actually used or withdrawn, plus interest. * The borrower may ...
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Newsday
''Newsday'' is an American daily newspaper that primarily serves Nassau and Suffolk counties on Long Island, although it is also sold throughout the New York metropolitan area. The slogan of the newspaper is "Newsday, Your Eye on LI", and formerly it was "Newsday, the Long Island Newspaper". The newspaper's headquarters is in Melville, New York, in Suffolk County. ''Newsday'' has won 19 Pulitzer Prizes and has been a finalist for 20 more. As of 2019, its weekday circulation of 250,000 was the 8th-highest in the United States, and the highest among suburban newspapers. By January 2014, ''Newsday''s total average circulation was 437,000 on weekdays, 434,000 on Saturdays and 495,000 on Sundays. As of June 2022, the paper had an average print circulation of 97,182. History Founded by Alicia Patterson and her husband, Harry Guggenheim, the publication was first produced on September 3, 1940 from Hempstead. For many years until a major redesign in the 1970s, ''Newsday'' copied ...
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Harvey R
Harvey, Harveys or Harvey's may refer to: Arts, entertainment, and media * Harvey (play), ''Harvey'' (play), a 1944 play by Mary Chase about a man befriended by an invisible anthropomorphic rabbit * Harvey Awards ("Harveys"), one of the most important awards in American comic industry, founded in 1988 * "Harvey", a song by Her's off the album ''Invitation to Her's'', 2018 Films * Harvey (1950 film), ''Harvey'' (1950 film), a 1950 film adapted from Mary Chase's play, starring James Stewart * Harvey (1996 film), ''Harvey'' (1996 film), a 1996 American made-for-television film * ''Harvey'' (Hallmark), a 1972 adaptation of Mary Chase's play for the ''Hallmark Hall of Fame'' Characters * Harvey (Farscape), Harvey (''Farscape''), a character in the TV show ''Farscape'' * Harvey, a crane engine in ''List of Thomas & Friends characters#Railway vehicles, Thomas & Friends'' * Harvey Beaks, in the Nickelodeon animated series ''Harvey Beaks'' * Harvey Birdman, title character from the t ...
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