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General Mills
GENERAL MILLS, INC., is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. It is headquartered in Golden Valley, Minnesota
Minnesota
, a suburb of Minneapolis
Minneapolis
. The company markets many well-known North American brands, such as Annie\'s Homegrown , Betty Crocker
Betty Crocker
, Yoplait, Colombo , Totino\'s , Pillsbury , Old El Paso, Häagen-Dazs, Cheerios
Cheerios
, Trix , Cocoa Puffs , and Lucky Charms
Lucky Charms
. Its brand portfolio includes more than 89 other leading U.S. brands and numerous category leaders around the world
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Types Of Business Entity
A BUSINESS ENTITY is an entity that is formed and administered as per commercial law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations , cooperatives , partnerships , sole traders , limited liability company and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country. For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, ≈ public limited company (UK, Ireland and the Commonwealth) ≈ Ltd.
Ltd.
(UK, Ireland and the Commonwealth) ≈ limited partnership = unlimited partnership = chartered company = statutory company = holding company = subsidiary company = one man company (sole proprietor ) = NGOs However, the regulations governing particular types of entity, even those described as roughly equivalent, differ from jurisdiction to jurisdiction. When creating or restructuring a business, the legal responsibilities will depend on the type of business entity chosen
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Public Company
A PUBLIC, PUBLICLY TRADED, PUBLICLY HELD COMPANY, or PUBLIC CORPORATION is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets. In some jurisdictions, public companies over a certain size must be listed on an exchange. CONTENTS * 1 History * 2 Securities of a company * 2.1 Advantages * 2.2 Disadvantages * 2.3 Stockholders * 3 General trend * 4 Privatization * 5 Trading and valuation * 6 See also * 7 References HISTORYIn the early modern period, the Dutch developed several financial instruments and helped lay the foundations of modern financial system. The Dutch East India Company (VOC) became the first company in history to issue bonds and shares of stock to the general public. In other words, the VOC was officially the first publicly traded company, because it was the first company to be ever actually listed on an official stock exchange . While the Italian city-states produced the first transferable government bonds, they did not develop the other ingredient necessary to produce a fully fledged capital market : corporate shareholders. As Edward Stringham (2015) notes, "companies with transferable shares date back to classical Rome, but these were usually not enduring endeavors and no considerable secondary market existed (Neal, 1997, p
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Ticker Symbol
A TICKER SYMBOL or STOCK SYMBOL is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market . A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker tape of a ticker tape machine. CONTENTS* 1 Interpreting the symbol * 1.1 Other identifiers * 2 Symbols by Country * 2.1 Canada * 2.2 United Kingdom
United Kingdom
* 2.3 United States
United States
* 2.3.1 Single-letter ticker symbols * 2.4 Other countries * 3 See also * 4 References INTERPRETING THE SYMBOL Stock
Stock
symbols are unique identifiers assigned to each security traded on a particular market. For example, AAPL is for Apple Inc.; OODH is for Orion DHC, Inc.; and HD is for Home Depot, Inc. A stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape , and to make it easy to recognize by traders and investors. The allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the company name where possible
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New York Stock Exchange
nyse.com New York Stock
Stock
Exchange U.S. National Register of Historic Places
National Register of Historic Places
U.S. National Historic Landmark
National Historic Landmark
Front Elevation of the New York Stock
Stock
Exchange. Show map of Lower Manhattan
Lower Manhattan
Show map of New York Show map of the US COORDINATES 40°42′24.6″N 74°0′39.7″W / 40.706833°N 74.011028°W / 40.706833; -74.011028 Coordinates : 40°42′24.6″N 74°0′39.7″W / 40.706833°N 74.011028°W / 40.706833; -74.011028 BUILT 1903 ARCHITECT Trowbridge George B. Post ARCHITECTURAL STYLE Classical Revival
Classical Revival
NRHP REFERENCE # 78001877 SIGNIFICANT DATES ADDED TO NRHP June 2, 1978 DESIGNATED NHL June 2, 1978 The NEW YORK STOCK EXCHANGE (abbreviated as NYSE and nicknamed "THE BIG BOARD" ), is an American stock exchange located at 11 Wall Street , Lower Manhattan
Lower Manhattan
, New York City
New York City
, New York . It is by far the world\'s largest stock exchange by market capitalization of its listed companies at US$21.1 trillion as of May 2017. The average daily trading value was approximately US$169 billion in 2013
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S&P 500
The STANDARD & POOR\'S 500, often abbreviated as the S&P 500, or just "the S&P", is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE
NYSE
or NASDAQ
NASDAQ
. The S&P 500 index components and their weightings are determined by S&P Dow Jones Indices . It differs from other U.S. stock market indices, such as the Dow Jones Industrial Average or the Nasdaq Composite index, because of its diverse constituency and weighting methodology . It is one of the most commonly followed equity indices, and many consider it one of the best representations of the U.S. stock market, and a bellwether for the U.S. economy. The National Bureau of Economic Research has classified common stocks as a leading indicator of business cycles. The S&P 500 was developed and continues to be maintained by S&P Dow Jones Indices, a joint venture majority-owned by S&P Global . S&P Dow Jones Indices publishes many stock market indices such as the Dow Jones Industrial Average , S&P MidCap 400 , the S&P SmallCap 600 , and the S&P Composite 1500 . It is a free-float capitalization-weighted index , and has many ticker symbols , such as: ^GSPC, INX, and $SPX
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Food Processing
FOOD PROCESSING is the transformation of raw ingredients , by physical or chemical means into food , or of food into other forms. Food processing combines raw food ingredients to produce marketable food products that can be easily prepared and served by the consumer. Food processing typically involves activities such as mincing and macerating , liquefaction , emulsification , and cooking (such as boiling, broiling, frying, or grilling); pickling , pasteurization , and many other kinds of preservation ; and canning or other packaging
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Minneapolis
US: 46th MN: 1st • DENSITY 7,535/sq mi (2,909/km2) • METRO 3,551,036 (US: 16th ) • DEMONYM Minneapolitan TIME ZONE CST ( UTC−6 ) • SUMMER (DST ) CDT ( UTC−5 ) ZIP CODES 55401 – 55488 (range includes some zip codes which are for Minneapolis suburbs) AREA CODE(S) 612 FIPS CODE 27-43000 GNIS FEATURE ID 0655030 WEBSITE www.MinneapolisMN.govMINNEAPOLIS (/ˌmɪniˈæpəlɪs/ ( listen )) is the county seat of Hennepin County , and the larger of the Twin Cities , the 16th-largest metropolitan area in the United States . As of 2015, Minneapolis is the largest city in the state of Minnesota and 46th-largest in the United States with a population of 410,939. Minneapolis and Saint Paul anchor the second-largest economic center in the Midwest , after Chicago . Minneapolis lies on both banks of the Mississippi River , just north of the river's confluence with the Minnesota River , and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with 13 lakes , wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway . It was once the world's flour milling capital and a hub for timber
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Minnesota
MINNESOTA (/ˌmɪnᵻˈsoʊtə/ (_ listen ); locally ) is a state in the midwestern and northern regions of the United States . Minnesota was admitted as the 32nd U.S. state on May 11, 1858, created from the eastern half of the Minnesota Territory . The state has a large number of lakes, and is known by the slogan "Land of 10,000 Lakes". Its official motto is L'Étoile du Nord_ (French : _Star of the North_). Minnesota is the 12th largest in area and the 21st most populous of the U.S. states; nearly 60 percent of its residents live in the Minneapolis–Saint Paul metropolitan area (known as the "Twin Cities"), the center of transportation, business, industry, education, and government and home to an internationally known arts community. The remainder of the state consists of western prairies now given over to intensive agriculture; deciduous forests in the southeast, now partially cleared, farmed and settled; and the less populated North Woods , used for mining, forestry, and recreation. Minnesota is known for its progressive political orientation and its high rate of civic participation and voter turnout. Until European settlement, Minnesota was inhabited by the Dakota and Ojibwe / Anishinaabe . During the 19th and early 20th centuries, a large number of European settlers entered the state who had mainly emigrated from Scandinavia and Germany
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United States
Coordinates : 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of America _ Flag Great Seal MOTTO: " In God We Trust " Other traditional mottos _ * " E pluribus unum " ( Latin
Latin
) (de facto) "Out of many, one" * " Annuit c
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Cadwallader C. Washburn
CADWALLADER COLDEN WASHBURN (April 22, 1818 – May 14, 1882) was an American businessman , politician , and soldier noted for founding what would later become General Mills
General Mills
. He was a U.S. Congressman and governor of Wisconsin
Wisconsin
. CONTENTS * 1 Education and early career * 2 Business * 2.1 Land speculation and banking * 2.2 Minneapolis Mill Company * 2.3 Lumber * 2.4 Flour
Flour
* 3 Politics and military career * 4 Family life * 5 Later life * 6 Legacy * 7 See also * 8 Notes * 9 Other references * 10 External links EDUCATION AND EARLY CAREERWashburn was born in Livermore (in modern-day Maine
Maine
, then a part of Massachusetts
Massachusetts
), the son of Martha (née Benjamin) and Israel Washburn. He was one of seven brothers, who included Israel Washburn, Jr. , Elihu B. Washburne , William D. Washburn , and Charles Ames Washburn . Washburn attended school in Wiscasset, Maine
Maine
, and later taught there in 1838–1839
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John Crosby (General Mills)
JOHN CROSBY (November 1, 1828 – December 29, 1887) was a businessman and early partner in the Washburn-Crosby Company (the forerunner of General Mills ). LIFE AND CAREERCrosby was born in Hampden, Maine . After attending school, he became involved in the family's paper mill business as well as an iron foundry and machine shop in nearby Bangor, Maine . While working in Bangor he married Olive Muzzy, daughter of Franklin Muzzy . Crosby moved to Minneapolis, Minnesota
Minneapolis, Minnesota
in 1877 and became involved in the city's milling industry. He purchased an interest in the Washburn "B" Mill and developed a business partnership with Cadwallader C. Washburn , forming the Washburn-Crosby Company. Crosby oversaw the company's expansion and remained one of the company's partners until his death in 1887. REFERENCES * ^ Atwater, Isaac , ed. (1893). History of the City of Minneapolis, Minnesota, Part II. New York: Munsell & Company. pp. 609–610. This Minnesota
Minnesota
-related article is a stub . You can help by expanding it . * v * t * e Retrieved from "https://en.wikipedia.org/w/index.php?title=John_Crosby_(General_Mills) additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy .® is a registered trademark of the Wikimedia Foundation, Inc
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James Ford Bell
JAMES FORD BELL (August 16, 1879 – May 7, 1961) was an American business leader and philanthropist who served as president of General Mills from 1928 to 1934 and chairman from 1934 to 1948. Born in Philadelphia
Philadelphia
, Pennsylvania
Pennsylvania
, he moved with his family to Minneapolis
Minneapolis
, Minnesota
Minnesota
. During World War I
World War I
he was appointed by the Food and Drug Administration as chairman of the Milling Division. In 1918 he assisted Herbert Hoover
Herbert Hoover
's European Hunger Relief Mission and was awarded the Belgian Order of the Crown and membership in the French Legion of Honor
French Legion of Honor
. His red-roofed mansion still stands high on a hill overlooking Lake Minnetonka
Lake Minnetonka
. GENERAL MILLSHe founded General Mills in 1928 to consolidate many regional grain milling concerns. The James Ford Bell
James Ford Bell
Foundation was established in 1955. His collection of rare books devoted to the history of early modern trade comprises the basis for the James Ford Bell Library at the University of Minnesota
Minnesota
. REFERENCES * ^ Staff report (May 8, 1961)
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Golden Valley, Minnesota
GOLDEN VALLEY is a city in Hennepin County , Minnesota
Minnesota
, United States . It is a western suburb of Minneapolis
Minneapolis
and is the main corporate headquarters of General Mills and Pentair
Pentair
. Golden Valley is also the home of NBC
NBC
affiliate KARE
KARE
, the Perpich Center for Arts Education and Breck School . The population was 20,371 at the 2010 census . CONTENTS * 1 History * 2 Geography * 3 Education * 4 Economy * 4.1 Top employers * 5 Demographics * 5.1 2010 census * 5.2 2000 census * 6 Government * 7 Politics * 8 Notable people * 9 References * 10 Further reading * 11 External links HISTORYTribes of Chippewa
Chippewa
and Sioux
Sioux
had encampments on nearby Medicine Lake. The first white settlers arrived in the early 1850s. Golden Valley was incorporated December 17, 1886. In the early twentieth century, it was mostly a farming community. GEOGRAPHYAccording to the United States
United States
Census
Census
Bureau , the city has a total area of 10.55 square miles (27.32 km2), of which 10.20 square miles (26.42 km2) is land and 0.35 square miles (0.91 km2) is water. The 45th parallel north runs through Golden Valley, coinciding approximately with Duluth Street
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Ken Powell
KENDALL J. POWELL (born c. 1954) is an American businessman, chief executive officer of General Mills since September, 2007. Since joining the company in 1979, he has held various positions, including president and chief operating officer. He also serves on the board of the medical technology company Medtronic, Inc. Born in Denver
Denver
, Powell graduated from Harvard University
Harvard University
in 1976, and three years later earned an MBA from Stanford University . COMPENSATIONWhile CEO of General Mills in 2009, Powell received total compensation of $9,221,035, which included a base salary of $959,583, a cash bonus of $1,910,770, stocks granted of $3,720,566, options granted of $2,276,223, and other compensation of $353,893. His 2011 total compensation of $8,609,199 included a base salary of $973,042, a cash bonus of $1,926,622, stocks granted of $3,724,528, options granted of $1,705,426, and other compensation of $278,981. REFERENCES * ^ "Forbes.com Kendall Powell Profile". * ^ McKinney, Matt. "Sanger ends 12-year General Mills reign", Star Tribune , September 24, 2007. * ^ "Newsmakers Buy Small, Returns Big". * ^ 2009 CEO Compensation for Kendall J. Powell, Equilar * ^ 2011 CEO Compensation for Kendall J. Powell, Equilar This article about a chief executive from the United States is a stub . You can help by expanding it
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Chairman
The CHAIRMAN (also CHAIRPERSON, CHAIRWOMAN or CHAIR) is the highest officer of an organized group such as a board , a committee , or a deliberative assembly . The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an orderly fashion. When the group is not in session, the officer's duties often include acting as its head, its representative to the outside world and its spokesperson. In some organizations, this position is also called _president _ (or other title), in others, where a board appoints a president (or other title), the two different terms are used for distinctly differe