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SourceMedia
Arizent, formerly known as SourceMedia, is a mid-sized diversified business-to-business digital media company owned by Observer Capital, which acquired the company from Investcorp in August 2014. Formerly the Thomson Media division of The Thomson Corporation, SourceMedia was spun off and sold by Thomson to Investcorp in 2004 for $350 million. Headquarters Based in New York City, SourceMedia has offices in the Washington suburb of Arlington, Virginia and Atlanta. SourceMedia employs approximately 400 people. In 2009 Investcorp split the company into two, creating Accuity as a semi-autonomous unit within SourceMedia. Accuity was the Registrar of Routing Numbers for the American Bankers Association, responsible for the assignment of routing numbers for banks in the United States, and was a leading worldwide provider of payment routing data, software and services. In 2011, Accuity was sold to Reed Elsevier for $530 million. On February 1, 2012, SourceMedia announced the adoptio ...
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American Banker
''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ''American Banker'' was published in 1885, though it has been considered a continuation of the earlier '' Thompson's Bank Note Reporter'', a bank note reporter which began publication in 1842. Although often confused with the American Bankers Association or other industry trade groups, ''American Banker'' is unaffiliated with any portion of the banking industry. History ''American Banker'' claims descent from '' Thompson's Bank Note Reporter'', a periodical published by John Thompson. For this reason, ''American Banker''s masthead gives a founding date of 1836, though the best available evidence suggests that Johnson's paper began publication in 1842. During the free banking era, ''Thompson's Bank Reporter'' was the most widely read ...
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National Mortgage News
''National Mortgage News'' is a digital media website covering the mortgage sector in the United States. Its editor is Austin Kilgore, and its publisher is Dennis Strong. ''National Mortgage News'' is owned by SourceMedia. History ''National Mortgage Newss predecessor, ''National Thrift News'', was founded in 1976 by Stan Strachan, Wesley Lindow, and John R. Glynn. In 1988 ''National Thrift News'' won the Polk Award in Financial Reporting for its coverage of the savings and loan crisis; in September 1987 it had been the first media outlet to break the Keating Five story. p. 185. In 1989, it was the first to report on political considerations having delayed the closing of the Neil Bush-directed Silverado Savings and Loan in Denver. Subsequently, as thrift institutions began failing, it changed its name to ''National Thrift and Mortgage News'', and then in 1992 to ''National Mortgage News''. In 1995 Faulkner and Gray, which itself was part of the Thomson Corporation, acquired ''N ...
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Accounting Today
''Accounting Today'' is a trade magazine servicing the public accounting profession in the United States. Started in 1987, it grew to a circulation of more than 30,000. The parent company of ''Accounting Today'' is SourceMedia. With over 400 employees Source Media is the publisher of more than 30 periodical brands including several major financial magazines. SourceMedia publications include ''American Banker'', '' The Bond Buyer'', ''Employee Benefit News'', and ''Financial Planning''. ''Accounting Today'' is one of SourceMedia's flagship products, and in 2009 the company merged the brand with two of their other existing accounting titles, ''Accounting Technology'' and ''Practical Accountant''. This increased the brand's print circulation to its current level, as of October 2012, of about 60,000.http://www03.entrepreneur.com/tradejournals/article/203026182.html ''Accounting Today's'' website is at accountingtoday.com. Accounting Today's web site tracks related accounting news a ...
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The Thomson Corporation
The Thomson Corporation was one of the world's largest information companies. It was established in 1989 following a merger between International Thomson Organisation Ltd (ITOL) and Thomson Newspapers. In 2008, it purchased Reuters Group to form Thomson Reuters. The Thomson Corporation was active in financial services, healthcare sectors, law, science and technology research and tax and accounting sectors. The company operated through five segments (2007 onwards): Thomson Financial, Thomson Healthcare, Thomson Legal, Thomson Scientific and Thomson Tax & Accounting. Until 2007, Thomson was also a major worldwide provider of higher education textbooks, academic information solutions and reference materials. On 26 October 2006, Thomson announced the proposed sale of its Thomson Learning assets. In May 2007, Thomson Learning was acquired by Apax Partners and subsequently renamed Cengage Learning in July. The Thomson Learning brand was used to the end of August 2007. Subsequently, ...
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The Bond Buyer
''The Bond Buyer'' is a century-old daily national trade newspaper based in New York City and focused on covering the municipal bond industry. It is published Monday through Friday, except holidays. The newspaper is printed on tabloid-sized paper and typically features three to four stories on the front page. The paper focuses on different regions of the United States each day and maintains news bureaus in Washington, D.C., Chicago, Florida, Atlanta, Dallas and San Francisco. The news organization maintains a website, which provides breaking-news updates throughout trading days as well as archives and statistics. The website, like the paper, is viewable to paid subscribers. Notes * The Milford Wind The Milford Wind Corridor Project, also called Milford Wind, is a 306 megawatt (MW) wind farm spanning Beaver and Millard County north of Milford, Utah. It became the state's largest wind facility when the first phase was completed in 200 ... Corridor Phase I project was n ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Reed Elsevier
RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; decision-making tools; and organise exhibitions. It operates in 40 countries and serves customers in over 180 nations. It was previously known as Reed Elsevier, and came into being in 1993 as a result of the merger of Reed International, a British trade book and magazine publisher, and Elsevier, a Netherlands-based scientific publisher. The company is publicly listed, with shares traded on the London Stock Exchange, Amsterdam Stock Exchange and New York Stock Exchange (ticker symbols: London: REL, Amsterdam: REN, New York: RELX). The company is one of the constituents of the FTSE 100 Index, Financial Times Global 500 and Euronext 100 Index. History The company, which was previously known as Reed Elsevier, came into being in 1993, as a re ...
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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 c ...
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Municipal Bond
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation. Typically, only investors in the highest tax brackets benefit from buying tax-exempt municipal bonds instead of taxable bonds. Taxable equivalent yield calculations are required to make fair comparisons between the two categories. The U.S. municipal debt market is relatively small compared to the corporate market. Total municipal debt outstanding was $4 trillion as of the first quarter of 2021, compared to nearly $15 trillion in the corporate and foreign markets. Local authorities in many other countries in the world issue similar bonds, sometimes called local authority bonds or other names. History Municipal debt predates corporate debt by several centuries—the early Rena ...
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Mergers & 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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ABA Routing Transit Number
In the United States, an ABA routing transit number (ABA RTN) is a nine-digit code printed on the bottom of checks to identify the financial institution on which it was drawn. The American Bankers Association (ABA) developed the system in 1910 to facilitate the sorting, bundling, and delivering of paper checks to the drawer's (check writer's) bank for debit to the drawer's account. Newer electronic payment methods continue to rely on ABA RTNs to identify the paying bank or other financial institution. The Federal Reserve Bank uses ABA RTNs in processing Fedwire funds transfers. The ACH Network also uses ABA RTNs in processing direct deposits, bill payments, and other automated money transfers. Management Since 1911, the American Bankers Association has partnered with a series of registrars, currently Accuity, to manage the ABA routing number system. Accuity is the Official Routing Number Registrar and is responsible for assigning ABA RTNs and managing the ABA RTN system. Acc ...
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American Bankers Association
The American Bankers Association (ABA) is a Washington, D.C.-based trade association for the U.S. banking industry, founded in 1875. They lobby for banks of all sizes and charters, including community banks, regional and money center banks, savings associations, mutual savings banks, and trust companies. The average member bank having approximately $250 million in assets. ABA is considered the largest financial trade group in the United States. The group offers training, certification, news, research, advocacy, and community for bankers and members of the financial services in America. History The origins of the American Bankers Association are in the Panic of 1873, when St. Louis, Missouri banker James Howenstein found himself in "a tight squeeze," with only a few hundred dollars in funds and millions of deposits to pay. Relying on help and intelligence from peer bankers in the form of frequent correspondence, Howenstein escaped his dilemma and realized the value of a bank ...
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