A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Over time, companies have evolved to have following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation.
The land along the Houston Ship Channel is a heavily industrialized area, with numerous oil refineries. In the late 1980s and early 1990s, several large industrial disasters occurred in the area, with the largest being the Phillips disaster of 1989, a refinery explosion that resulted in 23 deaths and over 100 injuries. In the community of Channelview, ACC operated a petrochemical plant that was the world's largest producer of the fuel additive methyl tert-butyl ether. On July 5, 1990, employees at the plant were working on restarting a compressor for a 900,000 US gal (3.4-million L) wastewater storage tank at the facility. The tank held wastewater that contained hydrocarbons until it could be deposited in a disposal well. Because the hydrocarbons in the tank could vaporize, the tank had an oxygen analyzer that kept track of the oxygen concentration in the tank and had a nitrogen sweep system to keep the gas inert. However, unbeknownst to the employees, the oxygen analyzer had malfunctioned and as a result, the oxygen level in the tank was at a dangerous level. While restarting the compressor, the gas ignited and caused a large explosion. The explosion completely destroyed the tank and some of the surrounding facility infrastructure, affecting an area the size of a city block. (Full article...)
Image 430 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world’s second-largest reinsurance company.
Image 11The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
Corporate finance is the area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to maximize or increase shareholder value.
Correspondingly, corporate finance comprises two main sub-disciplines. Capital budgeting is concerned with the setting of criteria about which value-adding projects should receive investment funding, and whether to finance that investment with equity or debt capital. Working capital management is the management of the company's monetary funds that deal with the short-term operating balance of current assets and current liabilities; the focus here is on managing cash, inventories, and short-term borrowing and lending (such as the terms on credit extended to customers). (Full article...)
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Panavision is an American motion picture equipment company founded in 1954 specializing in cameras and lenses, based in Woodland Hills, California. Formed by Robert Gottschalk as a small partnership to create anamorphic projection lenses during the widescreen boom in the 1950s, Panavision expanded its product lines to meet the demands of modern filmmakers. The company introduced its first products in 1954. Originally a provider of CinemaScope accessories, the company's line of anamorphic widescreen lenses soon became the industry leader. In 1972, Panavision helped revolutionize filmmaking with the lightweight Panaflex35 mmmovie camera. The company has introduced other cameras such as the Millennium XL (1999) and the digital video Genesis (2004).
Panavision operates exclusively as a rental facility—the company owns its entire inventory, unlike most of its competitors. (Full article...)
PT Alumindo Light Metal Industry Tbk, or also known simply as Alumindo, is the largest flat rolled aluminium manufacturer in South East Asia, and a publicly-traded subsidiary of Maspion which was founded in 1978 and started to become a commercial company in 1983. The company is headquartered in Surabaya, East Java. Initially, each year the company was able to produce around 4,800 tons of aluminum sheet which is usually used as the main ingredient in the manufacture of household appliances, transportation equipment, as well as building materials. Alumindo also produces 12 thousand tons of tin sheet which is the main ingredient in the packaging industry. (Full article...)
... that in September 2008, the Abu Dhabi Media Company established Imagenation, a subsidiary with access to more than US$1 billion with which to finance film production?
... that although the Brooklyn Union Gas Company's original building, next to its replacement, was once described as having been "miraculously saved", the older building was demolished in 2004 without protest?
... that the launch of a Florida TV station was brought forward nearly two months because the local ABC affiliate stopped airing more than half of its prime-time shows?
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