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Texas Gulf Sulphur Company
The Texas Gulf Sulphur Company was one of the largest sulfur mining companies in the world from 1919 to 1981. By 1925 the company controlled 40% of the U.S. sulfur market. It was formed in 1909 and acquired in 1981, after expanding across the United States from Texas into Mexico, Canada, and Ethiopia. SEC v. Texas Gulf Sulphur Co in 1981 was the first insider trading case on the federal level in the country. History Founding and early mines (1909-1959) The Gulf Sulphur Company was formed on December 23, 1909, by a group of investors from St. Louis and Texas.Kutney, G. (2007). Sulfur: History, Technology, Applications & Industry. ChemTec Publishing; 2 edition. . The company was formed to exploit the newly discovered sulfur deposit in the Big Hill salt dome near Matagorda, Texas,Hudgins, M.R. (2007). Handbook of Texas Online, "TexasGulf". The Texas State Historical Association. https://tshaonline.org/handbook/online/articles/dktgq using the Frasch process. With the Frasch method, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas
Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by both List of U.S. states and territories by area, area (after Alaska) and List of U.S. states and territories by population, population (after California). Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexico, Mexican States of Mexico, states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest; and has a coastline with the Gulf of Mexico to the southeast. Houston is the List of cities in Texas by population, most populous city in Texas and the List of United States cities by population, fourth-largest in the U.S., while San Antonio is the second most pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newgulf, Texas
Newgulf (or New Gulf) is an unincorporated community in Wharton County, Texas, United States. According to the Handbook of Texas, the community had a population of ten in 2009. It is located within the Greater Houston metropolitan area. History Newgulf was founded as a company town for the Texas Gulf Sulfur Company in 1928 and is reportedly the largest sulfur deposit in the world. Seth Ingram developed a land grant for the community. While it was being built, employees of the sulfur company held a contest to name the community, with Marie Ertz, who worked at the Houston office, as the winner. There were 400 dwellings, with an average of three bedrooms, built in the community as homes for the employees and their families. There were 15 businesses in the downtown area of Newgulf with a single four-lane avenue lined with stores. Businesses in the community during its peak of prosperity included a cafe, two dry-goods and grocery stores, two pharmacies, a barbershop, a tailor and clean ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Mergers And Acquisitions
The following tables list the largest mergers and acquisitions by decade of transaction. Transaction values are given in the US dollar value for the year of the merger, adjusted for inflation. , the largest ever acquisition was the 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($ billion adjusted for inflation). AT&T appears in these lists the most times with five entries, for a combined transaction value of $311.4 billion. Mergers and acquisitions are notated with the year the transaction was initiated, not necessarily completed. Mergers are shown as the market value of the combined entities. Free market enterprises 1870s Top M&A deal worldwide by value from 1870 to 1879: 1900s Top 3 M&A deals worldwide by value from 1900 to 1909: 1910s Top 3 M&A deals worldwide by value from 1910 to 1919: 1920s Top 5 M&A deals worldwide by value from 1920 to 1929: 1930s Top 5 M&A deals worldwide by value from 1930 to 1939: 1940s Top 5 M&A deals worldwide b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commonl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario, Canada
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kidd Mine
Kidd Mine or Kidd Creek Mine is an underground base metal mine north of Timmins, Ontario, Canada. It is owned and operated by Swiss multinational Glencore Inc. The mine was discovered in 1963 by Texas Gulf Sulfur Company. In 1981 it was sold to Canada Development Corporation, then sold in 1986 to Falconbridge Ltd., which in 2006 was acquired by Xstrata, which in turn merged with Glencore in 2013. Ore from the Kidd Mine is processed into concentrate at the Kidd Metallurgical Site, located southeast of the mine, which until 2010 also smelted the ore and refined the metal produced. Following the closure of the majority of the Met Site, concentrate is now shipped to Quebec for processing. Kidd Mine is the world's deepest copper-zinc mine. History An aerial geophysical survey, conducted by Texas Gulf Sulphur Company in March 1959, indicated an anomaly in the Kidd-55 segment warranting ground investigation. A ground electromagnetic survey was conducted in Oct 1963 and a drill rig sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopia
Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east and northeast, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia has a total area of . As of 2022, it is home to around 113.5 million inhabitants, making it the 13th-most populous country in the world and the 2nd-most populous in Africa after Nigeria. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African and Somali tectonic plates. Anatomically modern humans emerged from modern-day Ethiopia and set out to the Near East and elsewhere in the Middle Paleolithic period. Southwestern Ethiopia has been proposed as a possible homeland of the Afroasiatic langua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopian Birr
The birr ( am, ብር) is the unit of currency in Ethiopia. It is subdivided into 100 ''santim''. In 1931, Emperor Haile Selassie I formally requested that the international community use the name ''Ethiopia'' (as it had already been known internally for at least 1,600 years) instead of the exonym ''Abyssinia'', and the issuing ''Bank of Abyssinia'' also became the ''Bank of Ethiopia''. Thus, the pre-1931 currency could be considered the ''Abyssinian birr'' and the post-1931 currency the ''Ethiopian birr'', although it was the same country and the same currency before and after. 186 billion birr were in circulation in 2008 ($14.7 billion or €9.97 billion). History First birr, 1800–1936 In the 18th and 19th centuries, Maria Theresa thalers and blocks of salt called "amole tchew" (አሞሌ) served as currency in Ethiopia. The ''thaler'' was known locally as the ''Birr'' (literally meaning "silver" in Ge'ez and Amharic) or ''talari'' (ታላሪ). The Maria Theresa ''thal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coatzacoalcos
Coatzacoalcos () is a major port city in the southern part of the Mexican state of Veracruz, mostly on the western side of the Coatzacoalcos River estuary, on the Bay of Campeche, on the southern Gulf of Mexico coast. The city serves as the municipal seat of the municipality of the same name. It is the state's third largest city, after Veracruz City and Xalapa. Etymology Coatzacoalcos comes from a Nahuatl word meaning "site of the Snake" or "where the snake hides." According to the legend, this is where the god Quetzalcoatl made his final journey to the sea in around 999 and he made his promise to return. History Coatzacoalcos sits within the Olmec heartland. Excavations in 2008 for a tunnel under the Coatzacoalcos River indicate a substantial pre-Hispanic population. By the time of the Spanish arrival the area was under Mayan influence. In 1522, Hernán Cortés ordered Gonzalo de Sandoval to fund a settlement near Guazacualco. Sandoval named it Villa del Espíritu Santo. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wharton County, Texas
Wharton County is a county located in the U.S. state of Texas. As of the 2020 census, its population was 41,570. Its county seat is Wharton. The county was named for brothers William Harris Wharton and John Austin Wharton. Wharton County comprises the El Campo, TX Micropolitan Statistical Area, which is also included in the Houston- The Woodlands, TX Combined Statistical Area. Geography According to the U.S. Census Bureau, the county has a total area of , of which is land and (0.8%) is water. The county is about southeast of Austin. Adjacent counties * Austin County (north) * Fort Bend County (northeast) * Brazoria County (east) * Matagorda County (southeast) * Jackson County (southwest) * Colorado County (northwest) Demographics ''Note: the US Census treats Hispanic/Latino as an ethnic category. This table excludes Latinos from the racial categories and assigns them to a separate category. Hispanics/Latinos can be of any race.'' As of the census of 2000, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
