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Steven M. Rales
Steven M. Rales (born March 31, 1951) is an American businessman, film producer and chairman of Danaher Corporation. In 2022 Forbes listed him as the 75th richest person in America, with a net worth of $7.8 billion. Steven Rales and his brother Mitchell acquired a REIT in 1983 and merged it into their firm Danaher, named after a Montana creek. Focused on tax avoidance and cash flow, they acquired more than three dozen companies and turned Danaher into a diversified fir Early life and education Raised in a Jewish American, Jewish family, Rales is one of four sons of Ruth (née Abramson) and Norman Rales. His father was raised in an orphanage, the Hebrew Orphan Asylum in New York City, and became a businessman, who sold his building supply company in Washington, D.C. to his employees in what was the first employee stock ownership plan (ESOP) transaction in the U.S. His father was also a philanthropist, founding the Norman and Ruth Rales Foundation and the Ruth Rales Jewish Family ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DePauw University
DePauw University is a private liberal arts university in Greencastle, Indiana. It has an enrollment of 1,972 students. The school has a Methodist heritage and was originally known as Indiana Asbury University. DePauw is a member of both the Great Lakes Colleges Association and the North Coast Athletic Conference. The Society of Professional Journalists was founded at DePauw. History Indiana Asbury University was founded in 1837 in Greencastle, Indiana, and was named after Francis Asbury, the first American bishop of the Methodist Episcopal Church. The people of Greencastle raised $25,000 to entice the Methodists to establish the college in Greencastle, which was little more than a village at the time. It was originally established as an all-men's school but began admitting women in 1867. In 1884 Indiana Asbury University changed its name to DePauw University in honor of Washington C. DePauw, who made a sequence of substantial donations throughout the 1870s, which culmina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Junk Bonds
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events, but offer higher yields than investment-grade bonds in order to compensate for the increased risk. Default risk As indicated by their lower credit ratings, high-yield debt entails more risk to the investor compared to investment grade bonds. Investors require a greater yield to compensate them for investing in the riskier securities. In the case of high-yield bonds, the risk is largely that of default: the possibility that the issuer will be unable to make scheduled interest and principal payments in a timely manner. The default rate in the high-yield sector of the U.S. bond market has averaged about 5% over the long term. During the liquidity crisis of 1989-90, the default rate was in the 5.6% to 7% range. During the pandemic of 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Darjeeling Limited
''The Darjeeling Limited'' is a 2007 American comedy-drama film directed by Wes Anderson, which he co-produced with Scott Rudin, Roman Coppola, and Lydia Dean Pilcher, and co-wrote with Roman Coppola and Jason Schwartzman. The film stars Owen Wilson, Adrien Brody, and Schwartzman as three estranged brothers who agree to meet in India a year after their father's funeral for a "spiritual journey" aboard a luxury train. The cast also includes Waris Ahluwalia, Amara Karan, Barbet Schroeder, and Anjelica Huston, with Natalie Portman, Camilla Rutherford, Irrfan Khan, and Bill Murray in cameo roles. The film was released on October 26, 2007 by Fox Searchlight Pictures. The film received generally favorable reviews from critics and earned $35 million on a $17.5 million budget. The film premiered at the 64th Venice International Film Festival in competition for the Golden Lion and was named among the Top Films of the Year at the 2007 NYFCO Awards. Anderson's ''Hotel Chevalier'', s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Paintbrush (production Company)
Indian Paintbrush is an American film production company founded in 2006 by businessman Steven M. Rales. It is based in Santa Monica, California. Indian Paintbrush specializes in the production and distribution of mainly comedy-drama and romantic films. Since 2007 with ''The Darjeeling Limited'', Indian Paintbrush has had a production credit for each of filmmaker Wes Anderson's films, including ''The Grand Budapest Hotel'' which was nominated at the Academy Awards for Best Picture. Furthermore, Indian Paintbrush has a long-term deal with Searchlight Pictures. Other films produced include '' Like Crazy'', '' Stoker'', ''Me and Earl and the Dying Girl'', and ''Seeking a Friend for the End of the World ''Seeking a Friend for the End of the World'' is a 2012 American apocalyptic romantic comedy-drama film, written and directed by Lorene Scafaria, in her feature directorial debut. The film stars Steve Carell and Keira Knightley as a pair of st ...''. List of releases Rel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richmond, Virginia
(Thus do we reach the stars) , image_map = , mapsize = 250 px , map_caption = Location within Virginia , pushpin_map = Virginia#USA , pushpin_label = Richmond , pushpin_map_caption = Location within Virginia##Location within the contiguous United States , pushpin_relief = yes , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = U.S. state, State , subdivision_name1 = , established_date = 1742 , , named_for = Richmond, London, Richmond, United Kingdom , government_type = , leader_title = List of mayors of Richmond, Virginia, Mayor , leader_name = Levar Stoney (Democratic Party (United States), D) , total_type = City , area_magnitude = 1 E8 , area_total_sq_mi = 62.57 , area_land_sq_mi = 59.92 , area_ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colfax Corporation
Enovis (formerly Colfax Corporation) is a medical technology company, with a particular focus in orthopedics. Headquartered in Wilmington, Delaware, the company is listed on the NYSE as ENOV. The company has over 5,000 employees operating at 12 sites around the world. The Company has two reported segments: Reconstructive (Recon) and Prevention and Recovery (P&R). History Enovis was created in April 2022 when Colfax Corporation spun-off its industrial business, ESAB Corporation, and renamed itself Enovis to reflect the focus in the medical technology space. The spin-off was the final action taken to transform the portfolio of businesses from purely industrial to medical technologies. These actions included divesting the fluid handling and air and gas handling businesses in 2017 and 2019, respectively, and acquiring DJO Global in 2019. Colfax was originally founded in 1995 by brothers Steven and Mitchell Rales. who had previously founded Danaher Corporation. In August 1997, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1992 In Radio
The year 1992 in radio involved some significant events. __TOC__ Events * January - KUBE/Seattle completes its shift from Mainstream Top 40 to Rhythmic CHR. * January 15 - AC-formatted KZOL/Salt Lake City flips to modern rock as KXRK * January 22 – Rebel forces occupy Zaire's national radio station in Kinshasa and broadcast a demand for the government's resignation. * February - WPLJ in New York City completes its shift from Top 40 to Hot adult contemporary. In addition, the station rebrands from "Mojo Radio" to the current "95-5 PLJ." * February 12 – Washington, D.C. area Top 40 radio station WAVA-FM changes to a religious format, which continues to this day. * February 18 – After over two decades as Baltimore's premier Top 40/CHR outlet (including a brief stint with disco and a few name and call letter changes), WBSB flips to Gold-based Hot AC as "Variety 104.3." * February 18 - The "Young Country" format debuts with KRSR 105.3 in Dallas dropping its hot AC format to b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WTEM
WTEM (980 AM) is a commercial sports radio station licensed to serve Washington, D.C. Owned by Audacy, Inc., the station services the Washington metropolitan area as the flagship station of the Washington Wizards. WTEM is also the co-flagship station of the Maryland Terrapins (shared with Audacy-owned WJZ-FM in Baltimore), and is the Washington affiliate of Fox Sports Radio. History WRC era The station was originally licensed in April 1923 as WRC—the call sign having represented the original owner's name, the Radio Corporation of America (RCA). The station's original frequency was 469 meters (equal to 640 kHz). It was shared time with another Washington station, WCAP. The time-sharing arrangement between the two stations continued until 1926, when RCA purchased WCAP's share. WRC was a charter network affiliate of the National Broadcasting Company when it launched in November 1926. NBC split its programming into two networks two months later and WRC was assigned to the R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Rights Plan
A shareholder rights plan, colloquially known as a "poison pill", is a type of defensive tactic used by a corporation's board of directors against a takeover. In the field of mergers and acquisitions, shareholder rights plans were devised in the early 1980s as a way to prevent takeover bids by taking away a shareholder's right to negotiate a price for the sale of shares directly. Typically, such a plan gives shareholders the right to buy more shares at a discount if one shareholder buys a certain percentage or more of the company's shares. The plan could be triggered, for instance, if any one shareholder buys 20% of the company's shares, at which point every shareholder (except the one who possesses 20%) will have the right to buy a new issue of shares at a discount. If all other shareholders are able to buy more shares at a discount, such purchases would dilute the bidder's interest, and the cost of the bid would rise substantially. Knowing that such a plan could be activated, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethan Allen (furniture Company)
Ethan Allen Interiors Inc. is an American furniture chain with about 300 stores (called Design Centers) across the United States, Canada, Europe, the Middle East and Asia. It was founded in 1932 by two brothers-in-law, Nathan S. Ancell and Theodore Baumritter. Operations As of 2020, Ethan Allen has 304 design centers domestically and abroad, nine manufacturing facilities in the United States, Mexico, and Honduras, and 14 retail delivery centers located across the United States and Canada as of 2019, along with sales of $589.8 million. It is one of the largest furniture companies in the United States. The company makes customized furniture domestically (Maiden, NC), such as upholstered furniture, sofas, and chairs, custom made in a selected fabric. History The company was started as a housewares manufacturer in 1932 by Theodore Baumritter and his brother-in-law Nathan S. Ancell. They bought a bankrupt furniture factory in Beecher Falls, Vermont, in 1936 and adopted the name "Et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Converse (shoe Company)
Converse () is an American lifestyle brand that markets, distributes, and licenses footwear, apparel, and accessories. Founded in 1908 as the Converse Rubber Shoe Company, it has been acquired by several companies before becoming a subsidiary of Nike, Inc. in 2003. Converse initially produced winterized rubber-soled shoes and boots. During World War II, it shifted manufacturing to make footwear for the military. Initially, it was one of the few producers of athletic shoes and dominated the U.S. market, but lost its position in the 1970s as competitors presented their styles. Converse's portfolio includes products under the Chuck Taylor All-Star, Cons, Jack Purcell, One Star, and Star Chevron trademarks. It frequently collaborates on special-edition product releases with other brands such as John Varvatos. As of 2019, Converse sold products through 109 company-owned retail stores in the United States and 63 stores in international markets. The growth of Converse as a casual fash ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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