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American Real Estate Partners
Icahn Enterprises L.P. is an American publicly traded master limited partnership and conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The company is controlled by Carl Icahn, who owns 86 percent of it. History The company was incorporated on February 17, 1987. In 2006, the company sold the Sands Atlantic City hotel in Atlantic City, New Jersey and several of the adjacent lots for $274.8 million to Pinnacle Entertainment. In April 2007, the company sold its American Casino & Entertainment Properties to an affiliate of Goldman Sachs, for $1.3 billion. In September 2007, American Real Estate Partners, another entity controlled by Icahn, merged with the firm and changed its name to Icahn Enterprises L.P. In 2008, the company acquired PSC Metals for $335 million. In February 2016, Icahn Enterprises purchased Trump Enter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ferrous Resources
Ferrous Resources Ltda. is a Brazilian mining company engaged in the research, exploration, exploitation, processing and marketing of iron ore. Founded in 2007, Ferrous Resources is based in Belo Horizonte (MG). Ferrous has five mines in Minas Gerais and is currently exploring the viability of a potential mineral asset in Bahia. The company is also working on the implementation of an integrated logistics system, which includes the development of a significant slurry pipeline across three Brazilian states, as well as the construction of a new port terminal in Espírito Santo. __TOC__ Performance and geographical footprint Ferrous’ mineral assets are located in the Iron Quadrangle in Minas Gerais and in Coração de Maria, Bahia. They are accessed and processed by the following mines: * Serrinha and Esperança in the city of Brumadinho (MG) * Viga, in Congonhas (MG) * Viga Norte, in Itabirito (MG) * Santanense, in Itatiaiuçu (MG) * Jacuípe, in Coração de Maria (BA) The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Car And Foundry Company
ACF Industries, originally the American Car and Foundry Company (abbreviated as ACF), is an American manufacturer of railroad railroad car, rolling stock. One of its subsidiaries was once (1925–54) a manufacturer of Motor bus, motor coaches and trolleybus, trolley coaches under the brand names of (first) ACF and (later) J. G. Brill Company, ACF-Brill. Today, the company is known as ACF Industries LLC and is based in St. Charles, Missouri. It is owned by investor Carl Icahn. History The American Car and Foundry Company was originally formed and incorporated in New Jersey in 1899 as a result of the merger of thirteen smaller railroad car manufacturers: Later in 1899, ACF acquired the Bloomsburg Car Manufacturing Company of Bloomsburg, Pennsylvania. Orders for new freight cars were made very quickly, with several hundred cars ordered in the first year alone. Two years later, ACF acquired the Jackson and Sharp Company (founded 1863 in Wilmington, Delaware) and the Common Sense ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Class-action Lawsuit
A class action is a form of lawsuit. Class Action may also refer to: * ''Class Action'' (film), 1991, starring Gene Hackman and Mary Elizabeth Mastrantonio * Class Action (band), a garage house band * "Class Action" (''Teenage Robot''), a 2002 episode of ''My Life as a Teenage Robot'' *''Class Action'', a play by Brad Slaight *''Class Action'', a 2002 book that was the basis for the film '' North Country'' *''Cla$$ Action'', a 2005 novel by Henry Denker {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ponzi Scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays Profit (accounting), profits to earlier investors with Funding, funds from more recent investors. Named after Italians, Italian confidence artist Charles Ponzi, this type of scheme misleads investors by either falsely suggesting that profits are derived from legitimate business activities (whereas the business activities are non-existent), or by exaggerating the extent and profitability of the legitimate business activities, leveraging new investments to fabricate or supplement these profits. A Ponzi scheme can maintain the illusion of a sustainable business as long as investors continue to contribute new funds, and as long as most of the investors do not demand full repayment or lose faith in the non-existent assets they are purported to own. Some of the first recorded incidents to meet the modern definition of the Ponzi scheme were carried out from 1869 to 1872 by Adele Spitzeder in German Empire, Germany and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hindenburg Research
Hindenburg Research LLC was a U.S. investment research firm with a focus on activist short-selling founded by Nathan Anderson in 2017. Named after the 1937 ''Hindenburg'' disaster, which they characterize as a human-made avoidable disaster, the firm generated public reports via its website that allege corporate fraud and malfeasance. Companies that were the subjects of their reports include Super Micro Computer, Adani Group, Nikola, Clover Health, Block, Inc., Kandi, and Lordstown Motors. The reports also featured defenses of the practice of short-selling and explanations of how short-sells "play a critical role in exposing fraud and protecting investors." The firm disbanded in January 2025 with a note on its website from Anderson. At the time, the ''Wall Street Journal'' described it as "Wall Street’s Pre-Eminent Short Seller". In January 2025, Hindenberg Research shut down. Carvana was the subject of Hindenburg's final report. Operations Hindenburg Research prepared i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a wholly owned subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation ( Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fontainebleau Resort Las Vegas
The Fontainebleau Las Vegas is a luxury resort and casino on the Las Vegas Strip in Winchester, Nevada. It is owned and operated by Fontainebleau Development and is a sister property to Fontainebleau Miami Beach, and sits on the site previously occupied by the El Rancho Hotel and Casino and the Algiers Hotel. Ownership and development has changed several times since the project was announced in May 2005. It was originally proposed by developer Fontainebleau Resorts, owned by Jeff Soffer. The project was designed by Carlos Zapata Studio with Bergman Walls and Associates as the executive architect. Construction began in February 2007, and the hotel tower was topped off on November 14, 2008. The tower rises 67 stories, standing high. As completed, it is the tallest occupiable building in Nevada. A group of banks had agreed to finance the project, but was sued by Fontainebleau in April 2009, after it cut off funding. Construction was put on hold two months later, when the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PRNewswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Western Union to distribute content to a dozen news organizations in New York. Its first customer was Trans World Airlines. In 1963, Muschel recruited David Steinberg of the New York Herald Tribune to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal-Mogul
Federal-Mogul Corporation is an American developer, manufacturer, and supplier of products for automotive, commercial, aerospace, marine, rail, and off-road vehicles, as well as industrial, agricultural, and power-generation applications. It was acquired in February 2022 by Apollo Global Management. Federal-Mogul operated two independent business divisions, Federal-Mogul Powertrain and Federal-Mogul Motor-Parts. The two divisions each had their own chief executive officer. History Origins Federal-Mogul was founded in 1899 in Detroit by J. Howard Muzzy and Edward F. Lyon as the Muzzy-Lyon Company. Muzzy and Lyon went into business together, producing mill supplies and rubber goods. In addition, the partners formed a subsidiary called the Mogul Metal Company, where they launched bearing innovations. Muzzy Lyon began producing bearings made from their own Babbitt metal called ''Mogul'', an alloy of tin, antimony and copper. The product was trademarked under the names "Mogul" and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
