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Time Warner
Time Warner, Inc. is an American multinational mass media and entertainment conglomerate headquartered in New York City.[7] It is currently the world's third largest entertainment company in terms of revenue, after Comcast
Comcast
and The Walt Disney Company. It was also once the world's largest media conglomerate.[8] Time Warner
Time Warner
was first founded in 1990, with the merger of Time Inc.
Time Inc.
and Warner Communications. The current company consists largely of the assets of the former Warner Communications
Warner Communications
(as well as HBO, a Time Inc. subsidiary prior to the merger), and the assets of Turner Broadcasting (which was acquired by the company in 1996). Despite spinning off Time Inc
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Division (business)
A division of a business, sometimes called a business sector, is one of the parts into which a business, organization or company is divided.[1] The divisions are distinct parts of that business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. However, in a large organization, various parts of the business may be run by different subsidiaries, and a business division may include one or many subsidiaries. Each subsidiary is a separate legal entity owned by the primary business or by another subsidiary in the hierarchy. Often a division operates under a separate name and is the equivalent of a corporation or limited liability company obtaining a fictitious name or "doing business as" certificate and operating a business under that fictitious name. Companies often set up business units to operate in divisions prior to the legal formation of subsidiaries. Generally, only an "entity", e.g
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses.[1] It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, operating income is sometimes used as a synonym for EBIT and operating profit.[2]EBIT = revenue – operating expenses (OPEX)Operating income = revenue – operating expenses[1] A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g
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Chief Executive Officer
Chief executive officer (CEO)[1] is the position of the most senior corporate officer, executive, leader or administrator in charge of managing an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (e.g., Crown corporations). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity,[1] which may include maximizing the share price, market share, revenues, or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc
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Net Income
In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.[1] It is computed as the residual of all revenues and gains over all expenses and losses for the period,[2] and has also been defined as the net increase in shareholders' equity that results from a company's operations.[3] In the context of the presentation of financial statements, the IFRS Foundation
IFRS Foundation
defines net income as synonymous with profit and loss.[1] Net income
Net income
is the same as net profit but a distinct accounting concept from profit
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Asset
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).[1] The balance sheet of a firm records the monetary[2] value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.[1] One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets.[3] Current assets include inventory, while fixed assets include such items as buildings and equipment.[4] Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace
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United States
Coordinates: 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of AmericaFlagGreat SealMotto:  "In God
God
We Trust"[1][fn 1]Other traditional mottos  "E pluribus unum" (Latin) (de facto) "Out of many, one" "Annuit cœptis" (Latin) "He h
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Equity (finance)
In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned. It is governed by the following equation: Equity = Assets − Liabilities displaystyle text Equity = text Assets - text Liabilities For example, if someone owns a car worth $15,000 (an asset), but owes $5,000 on a loan against that car (a liability), the car represents $10,000 of equity. Equity can be negative if liabilities exceed assets. Shareholders' equity (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among shareholders of common or preferred stock. Negative shareholders' equity is often referred to as a shareholders' deficit. Alternatively, equity can also refer to the capital stock of a corporation. The value of the stock depends on the corporation's future economic prospects
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Multinational Corporation
A multinational corporation (MNC) or worldwide enterprise[5] is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.[6] A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation.[7] There are subtle but real differences between these three labels, as well as multinational corporation and worldwide enterprise. Multinational corporations are subject to criticisms for lacking ethical standards, and that this shows up in how they evade ethical laws and leverage their own business agenda with capital, and even the military backing of their own wealthy host nation-states.Contents1 Overview 2 Theoretical background 3 Transnational corporations 4 Multinational enterprise 5
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Film
A film, also called a movie, motion picture, theatrical film, or photoplay, is a series of still images that, when shown on a screen, create the illusion of moving images. (See the glossary of motion picture terms.) This optical illusion causes the audience to perceive continuous motion between separate objects viewed in rapid succession. The process of filmmaking is both an art and an industry
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Television
Television
Television
(TV) is a telecommunication medium used for transmitting moving images in monochrome (black and white), or in colour, and in two or three dimensions and sound. The term can refer to a television set, a television program ("TV show"), or the medium of television transmission. Television
Television
is a mass medium for advertising, entertainment and news. Television
Television
became available in crude experimental forms in the late 1920s, but it would still be several years before the new technology would be marketed to consumers. After World War II, an improved form of black-and-white TV broadcasting became popular in the United States and Britain, and television sets became commonplace in homes, businesses, and institutions
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S&P 500
The Standard & Poor's 500, often abbreviated as the S&P 500, or just the S&P,[6][7] 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. 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
Dow Jones Industrial Average
or the Nasdaq Composite
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
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Publishing
Publishing
Publishing
is the dissemination of literature, music, or information—the activity of making information available to the general public. In some cases, authors may be their own publishers, meaning originators and developers of content also provide media to deliver and display the content for the same. Also, the word publisher can refer to the individual who leads a publishing company or an imprint or to a person who owns/heads a magazine. Traditionally, the term refers to the distribution of printed works such as books (the "book trade") and newspapers
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New York Stock Exchange
nyse.comNew York Stock
Stock
ExchangeU.S. National Register of Historic PlacesU.S. National Historic LandmarkNYC LandmarkFront Elevation of the New York Stock
Stock
Exchange.Show map of Lower ManhattanShow map of New YorkShow map of the USCoordinates 40°42′24.6″N 74°0′39.7″W / 40.706833°N 74.011028°W / 40.706833; -74.011028Coordinates: 40°42′24.6″N 74°0′39.7″W / 40.706833°N 74.011028°W / 40.706833; -74.011028Built 1903Architect Trowbridge & Livingston; George B. PostArchitectural style Classical RevivalNRHP reference # 78001877Significant datesAdded to NRHP June 2, 1978[4]Designated NHL June 2, 1978[5]Designated NYCL July 9, 1985The New York Stock
Stock
Exchange (abbreviated as NYSE and nicknamed "The Big Board"),[6] is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York
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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.Contents1 Interpreting the symbol1.1 Other identifiers 1.2 Symbol for stock market indices2 Symbols by country2.1 Canada 2.2 United Kingdom 2.3 United States2.3.1 Single-letter ticker symbols2.4 Other countries3 See also 4 ReferencesInterpreting the symbol[edit] 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
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Public Company
A public company, publicly traded company, publicly held company, publicly listed 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
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