Southwestern Family Of Companies
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Southwestern Family Of Companies
Southwestern is a diversified, international, employee-owned family of companies. History In 1855, Southwestern Publishing House was established in Nashville, Tennessee. The company's name was chosen because, at that time, Nashville was in the southwestern part of the United States. Founded by the Baptist minister James Robinson Graves, Southwestern originally published ''The Tennessee Baptist'', a Southern Baptist newspaper, and religious booklets which were Mail order, sold by mail for 20¢ and 30¢ each. Before the American Civil War, Civil War, most bibles were printed in the North, rather than the Southern United States, South. Graves acquired stereotype plates from the North and began printing bibles for sale in August 1861. He also produced and sold educational books. After the 1864 Battle of Nashville resulted in a Union (American Civil War), Union victory, Graves relocated to Memphis, Tennessee, Memphis, as he felt vulnerable because of articles he had published against ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Companies Based In Nashville, Tennessee
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Torchmark Corporation
Globe Life is a financial services holding company listed on the New York Stock Exchange (GL) which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. The company is based in McKinney, Texas. History The original core of Globe Life, Liberty National Life Insurance Company was founded in 1900 as the Heralds of Liberty, a fraternal benefit society. The company was headquartered in Birmingham, Alabama until 2006 when it moved to McKinney, Texas. In 1980, Liberty National acquired Globe Life And Accident Insurance Company and formed the holding company, Torchmark Corporation.Best's Insurance Reports Life/Health United States & Canada 2008 Edition Volume I In 1981, TMK acquired United Investors Life Insurance Company (UIL), United American Insurance Company, and Waddell and Reed Financial. In 1994, TMK acquired American Income Life Insurance Company; In 1998, TMK spun off Waddell and Reed Financial, a mu ...
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Summer Work Travel Program
The Summer Work Travel Program (colloquially known in Asia as ''Summer Work and Travel'') is a program founded and maintained by the United States Department of State, which determines the number of students that have a right to take part each year. The program works with private companies that register students into the program and help to provide information and get the necessary documents, including the J-1 visa. Some agencies also help program participants to plan their journey to their future place of work, giving the possibility of purchasing international airline tickets on students tariffs. Program details The Summer Work Travel Program is intended for students who wish to familiarize themselves with the culture of the United States and to work during their summer vacation. Terms of the program, work placement, conditions, and payment are arranged in advance of the trip. Upon completion, students are free to travel throughout the United States. State Department conducts t ...
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Raymond James
Raymond James Financial, Inc. is an American multinational independent investment bank and financial services company providing financial services to individuals, corporations, and municipalities through its subsidiary companies that engage primarily in investment and financial planning, in addition to investment banking and asset management. Headquartered in St. Petersburg, Florida, Raymond James is one of the largest banking institutions in the United States. History Raymond James was founded in 1962 when St. Petersburg broker, Robert James, formed Robert A. James Investments. In 1964, it merged with Raymond & Associates, founded by Edward Raymond in 1963, to form Raymond James & Associates. Robert James' son, Tom James, joined in 1966 and assumed leadership of the firm in 1970. The firm planned to go public in 1969, but market conditions delayed its plan until 1983. Tom turned over the CEO's post to Paul Reilly in 2010, and his title as Chairman of the Board to Paul Reil ...
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Executive Search
Executive search (informally called headhunting) is a specialized recruitment service which organizations pay to seek out and recruit highly qualified candidates for senior-level and executive jobs across the public and private sectors, as well as non-profit organizations (e.g., President, Vice-president, CEO, and non-executive-directors). Headhunters may also seek out and recruit other highly specialized and/or skilled positions in organizations for which there is strong competition in the job market for the top talent, such as senior data analysts or computer programmers. The method usually involves commissioning a third-party organization, typically an executive search firm, but possibly a standalone consultant or consulting firm, to research the availability of suitable qualified candidates working for competitors or related businesses or organizations. Having identified a shortlist of qualified candidates who match the client's requirements, the executive search firm may ac ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Times-Mirror
The Times Mirror Company was an American newspaper and print media publisher from 1884 until 2000. History It had its roots in the Mirror Printing and Binding House, a commercial printing company founded in 1873, and the ''Los Angeles Times'' (originally the ''Los Angeles Daily Times''), which was first published in 1881 and printed by the aforementioned company. The two operations were purchased and combined in 1884 to form the Times Mirror Company. In 1960, Times Mirror acquired the New American Library (NAL) and later sold it in 1983 to Odyssey Partners, a private investing group, and Ira J. Hechler, a private investor. Times Mirror acquired the World Publishing Company in 1962."Ben Zevin Dies at 88; Leader Of World Publishing Company,"
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Spencer Hays
Spencer Hays (July 14, 1936 – March 1, 2017) was an American businessman and art collector. He was the majority owner and chairman of the executive committee of Southwestern family of companies. With his wife, he made the largest foreign donation to the Musée d'Orsay since its opening in 1986. Early life Spencer Hays was born in Ardmore, Oklahoma. He grew up in Gainesville, Texas. Hays played basketball in high school. He attended Texas Christian University on a basketball scholarship. Career As a student at TCU, Hays started his career with Southwestern Advantage in 1956. He became vice president of sales in 1966, executive vice president in 1971, and president in 1973. As Southwestern Advantage expanded into Southwestern Family of Companies, Hays became the chairman of its executive committee starting in 1983. He was the majority owner of Southwestern Family of Companies until the time of his death. Additionally, Hays founded Tom James Co., a fine clothing firm, in 1 ...
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Times-Mirror Company
The Times Mirror Company was an American newspaper and print media publisher from 1884 until 2000. History It had its roots in the Mirror Printing and Binding House, a commercial printing company founded in 1873, and the ''Los Angeles Times'' (originally the ''Los Angeles Daily Times''), which was first published in 1881 and printed by the aforementioned company. The two operations were purchased and combined in 1884 to form the Times Mirror Company. In 1960, Times Mirror acquired the New American Library (NAL) and later sold it in 1983 to Odyssey Partners, a private investing group, and Ira J. Hechler, a private investor. Times Mirror acquired the World Publishing Company in 1962."Ben Zevin Dies at 88; Leader Of World Publishing Company,"
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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