Zions Bancorporation
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Zions Bancorporation
Zions Bancorporation is a bank holding company headquartered in Salt Lake City, Utah. Zions Bancorporation originated as Keystone Insurance and Investment Co., a Utah Corporation, in April 1955. In April 1960, Keystone, together with several individual investors, acquired a 57.5 percent interest in Zions First National Bank from The Church of Jesus Christ of Latter-day Saints. In 1965, the name of the company was changed to Zions Bancorporation. (However, it operated as Zions Utah Bancorporation from 1966 to 1987.) The first public offering of shares in Zions Bancorporation was made in January 1966. There continued to be some minority shareholders until April 1972, when the company exchanged the remaining minority shares for common shares. In 2018, Zions Bancorporation merged into its bank subsidiary, ZB, N.A., which was then renamed Zions Bancorporation, N.A. Zions Bancorporation now operates as a national bank doing business under eight local brands, rather than as a holding co ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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The Church Of Jesus Christ Of Latter-day Saints
The Church of Jesus Christ of Latter-day Saints, informally known as the LDS Church or Mormon Church, is a nontrinitarian Christian church that considers itself to be the restoration of the original church founded by Jesus Christ. The church is headquartered in the United States in Salt Lake City, Utah, and has established congregations and built temples worldwide. According to the church, it has over 16.8 million members and 54,539 full-time volunteer missionaries. The church is the fourth-largest Christian denomination in the United States, with over 6.7 million US members . It is the largest denomination in the Latter Day Saint movement founded by Joseph Smith during the early 19th-century period of religious revival known as the Second Great Awakening. Church theology includes the Christian doctrine of salvation only through Jesus Christ,"For salvation cometh to none such except it be through repentance and faith on the Lord Jesus Christ." Book of Mormon ...
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Deseret News
The ''Deseret News'' () is the oldest continuously operating publication in the American west. Its multi-platform products feature journalism and commentary across the fields of politics, culture, family life, faith, sports, and entertainment. The ''Deseret News'' is based in Salt Lake City, Utah and is published by Deseret News Publishing Company, a subsidiary of Deseret Management Corporation, which is owned by the Church of Jesus Christ of Latter-day Saints. The publication's name is from the geographic area of Deseret identified by Utah's pioneer settlers, and much of the publication's reporting is rooted in that region. On January 1, 2021, the newspaper switched from a daily to a weekly print format while continuing to publish daily on the website and Deseret News app. As of 2022, ''Deseret News'' develops daily content for its website and apps in addition to weekly print editions of the Deseret News Local Edition and the Church News. Deseret News publishes 10 editions of D ...
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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 Financial contagion, economic contagion began around September and led to the Wall Street Crash of 1929, 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, 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 t ...
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Heber J
:''See entry for Eber, (great-grandson of Noah's son Shem and the father of Peleg and Joktan, sometimes also known as "Heber" in English.)'' Heber may be: Religious traditions *Heber (biblical figure), minor character in the Book of Genesis *Heber the Kenite, mentioned in the Book of Judges 4:17 of the Hebrew Bible as Jael's husband *"Heber" (Hebrew spelling עבר), found once in Luke in the New Testament, referring to Eber of the Old Testament *The Islamic prophet Hud (prophet), also called Heber *According to some British traditions, the name of a people descending from Baath, the first son of Magog, who were supposed to have occupied the Iberian Peninsula and Ireland (Hibernia) prior to arriving at their final destination in the Hebrides, leaving their name in each location People Given name * Heber (given name), the origin of the given name and a list of those who bear it * Héber (footballer) (born 1991), Brazilian footballer known mononymously as Héber Surname * Albert ...
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Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ...
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Panic Of 1907
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year. The panic occurred during a time of economic recession, and there were numerous runs on banks and on trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. The primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shops. The panic was triggered by the failed attempt in October 1907 to corner the market on stock of the United Copper Company. When that bid failed, banks that had lent money to the cornering scheme suffered runs that later spread to affiliated banks and trusts, leading a w ...
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Questar Corporation (gas Company)
Questar Corporation was a natural gas public utility based in Salt Lake City, Utah. In September 2016, the company was acquired by Dominion Resources. History Questar Corporation was organized in Utah in 1984 as the holding company for Mountain Fuel Supply Company. In 1922, the Ohio Oil Company discovered natural gas near Rock Springs, Wyoming. Ohio Oil merged with two other companies to form the Western Public Service Corporation in October 1928. Mountain Fuel Supply Company became the company's hydrocarbon exploration and production affiliate. During the Great Depression, its stock price fell from $46/share in September 1929 to $3/share in 1932 as most families could not afford natural gas. In 1935, the shareholders voted to reorganize the company, merging it with its subsidiaries and moving its headquarters from Pittsburgh to Salt Lake City. Mountain Fuel Supply Company became the name of the reorganized consolidated company. In the mid-1930s, the company discovered n ...
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Rocky Mountain Power
PacifiCorp is an electric power company in the western United States. PacifiCorp has two business units: # Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington. # Rocky Mountain Power, a regulated electric utility with service territory throughout Utah, Wyoming, and southeastern Idaho. PacifiCorp operates one of the largest privately held transmission systems in the U.S. within the western Energy Imbalance Market. Pacific Power and Rocky Mountain Power combined serve over 1.6 million residential customers, 202,000 commercial customers, and 37,000 industrial and irrigation customers - for a total of approximately 1,813,000 customers. The service area is . The company owns and maintain of long distance transmission lines, of distribution lines, and 900 substations. History Pacific Power & Light was formed in 1910 from the merger of several financially troubled utilities in Oregon and Washington ...
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