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Amrep Corporation
AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States, and was founded in 1961 as The American Realty and Petroleum Corporation. Subsidiaries AMREP operates its businesses through two subsidiaries, AMREP Southwest Inc. and Kable Media Services, Inc. Land development AMREP Southwest Inc. operates AMREP's land development division. Shortly after its incorporation, the company purchased of land just north of Albuquerque, New Mexico, dubbing the new town Rio Rancho, New Mexico. It planned to subdivide and resell it to retirees and out-of-state vacationers. Rio Rancho slowly grew to a population of 1,000 by 1970. In 1971, it purchased an additional adjacent to the original purchase. Initially, the company used an aggressive sales approach to reselling the land. They would buy potential customers dinner and show a short video entitled ''"Your Golden Future"'' displaying a picturesque retirement. However, the brunt of the ...
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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 ...
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Russell Microcap Index
The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market. It includes 1,000 of the smallest securities in the Russell 2000 Index based on a combination of their market cap and current index membership and it also includes up to the next 1,000 stocks. , the weighted average market capitalization for a company in the index was $535 million; the median market cap was $228 million. The market cap of the largest company in the index was $3.6 billion. The index, which was launched on June 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RUMIC. Records In February 2021, during the everything bubble, a record 14 members of the index exceeded the market capitalization of the smallest member of the S&P 500 Index. Investing The Russell Microcap Index is tracked by the iShares Micro-Cap Exchange-traded fund, ETF (). Top 10 holdings *Mer ...
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Princeton, New Jersey
The Municipality of Princeton is a Borough (New Jersey), borough in Mercer County, New Jersey, United States. It was established on January 1, 2013, through the consolidation of the Borough of Princeton, New Jersey, Borough of Princeton and Princeton Township, New Jersey, Princeton Township, both of which are now defunct. As of the 2020 United States census, the borough's population was 30,681, an increase of 2,109 (+7.4%) from the 2010 United States census, 2010 census combined count of 28,572. In the 2000 United States census, 2000 census, the two communities had a total population of 30,230, with 14,203 residents in the borough and 16,027 in the township. Princeton was founded before the American Revolutionary War. The borough is the home of Princeton University, one of the world's most acclaimed research universities, which bears its name and moved to the community in 1756 from the educational institution's previous location in Newark, New Jersey, Newark. Although its associ ...
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Real Estate Developer
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of development from beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchas ...
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United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Land Development
Land development is the alteration of landscape in any number of ways, such as: * Changing landforms from a natural or semi-natural state for a purpose such as agriculture or House, housing * subdivision (land), Subdividing real estate into Lot (real estate), lots, typically for the purpose of building homes * Real estate development or changing its purpose, for example by converting an unused factory complex into a Condominium (living space), condominium History Land development has a history dating to Neolithic times around 8,000 BC. From the dawn of civilization, the process of land development has elaborated the progress of improvements on a piece of land based on codes and regulations, particularly housing complexes. Economic aspects In an economic context, land development is also sometimes advertised as land improvement or land amelioration. It refers to investment making land more usable by humans. For accounting purposes, it refers to any variety of projects that increas ...
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Albuquerque, New Mexico
Albuquerque ( ; ), also known as ABQ, Burque, the Duke City, and in the past 'the Q', is the List of municipalities in New Mexico, most populous city in the U.S. state of New Mexico, and the county seat of Bernalillo County, New Mexico, Bernalillo County. Founded in 1706 as ' by Santa Fe de Nuevo México governor Francisco Cuervo y Valdés, and named in honor of Francisco Fernández de la Cueva, 10th Duke of Alburquerque and List of viceroys of New Spain, Viceroy of New Spain, it was an Old Town Albuquerque, outpost on Camino Real de Tierra Adentro, El Camino Real linking Mexico City to the northernmost territories of New Spain. Located in the Albuquerque Basin, the city is flanked by the Sandia Mountains to the east and the West Mesa to the west, with the Rio Grande and bosque flowing north-to-south through the middle of the city. According to the 2020 United States census, 2020 census, Albuquerque had 564,559 residents, making it the List of United States cities by population ...
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Rio Rancho, New Mexico
Rio Rancho () is the largest and most populous city in Sandoval County, part of the expansive Albuquerque metropolitan area, in the U.S. state of New Mexico. A small portion of the city extends into northern Bernalillo County. It is the third-largest city in New Mexico, and one of the most rapidly growing. As of the 2020 census, Rio Rancho had a population of 104,046. The name ''Rio Rancho'' derives from ''Los Ranchos'', the Spanish colonial ranches established along the Rio Grande in the Albuquerque Basin, and throughout historic Nuevo México. There were large ranches also in neighboring Corrales. Since the late 20th century, it has developed as a suburb of Albuquerque. History The great majority of the territory of Rio Rancho was originally part of the Town of Alameda Grant, which was founded by Spanish colonial settlers in 1710. It was acquired by the United States in 1848, after it defeated Mexico in the Mexican-American War. (Mexico had been independent of Spain ...
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Amrep Corporation
AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States, and was founded in 1961 as The American Realty and Petroleum Corporation. Subsidiaries AMREP operates its businesses through two subsidiaries, AMREP Southwest Inc. and Kable Media Services, Inc. Land development AMREP Southwest Inc. operates AMREP's land development division. Shortly after its incorporation, the company purchased of land just north of Albuquerque, New Mexico, dubbing the new town Rio Rancho, New Mexico. It planned to subdivide and resell it to retirees and out-of-state vacationers. Rio Rancho slowly grew to a population of 1,000 by 1970. In 1971, it purchased an additional adjacent to the original purchase. Initially, the company used an aggressive sales approach to reselling the land. They would buy potential customers dinner and show a short video entitled ''"Your Golden Future"'' displaying a picturesque retirement. However, the brunt of the ...
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Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) United States antitrust law, antitrust law and the promotion of consumer protection. It shares jurisdiction over federal civil antitrust law enforcement with the United States Department of Justice Antitrust Division, Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 by the Federal Trade Commission Act of 1914, Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Antitrust Act of 1914, Clayton Act, a key U.S. antitrust statute, as well as the provisions of the FTC Act, et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promul ...
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Companies Listed On The New York Stock Exchange
Companies listed on the New York Stock Exchange are in the following lists, alphabetically. * Companies listed on the New York Stock Exchange (0–9) * Companies listed on the New York Stock Exchange (A) * Companies listed on the New York Stock Exchange (B) * Companies listed on the New York Stock Exchange (C) * Companies listed on the New York Stock Exchange (D) * Companies listed on the New York Stock Exchange (E) * Companies listed on the New York Stock Exchange (F) * Companies listed on the New York Stock Exchange (G) * Companies listed on the New York Stock Exchange (H) * Companies listed on the New York Stock Exchange (I) * Companies listed on the New York Stock Exchange (J) * Companies listed on the New York Stock Exchange (K) * Companies listed on the New York Stock Exchange (L) * Companies listed on the New York Stock Exchange (M) * Companies listed on the New York Stock Exchange (N) * Companies listed on the New York Stock Exchange (O) * Companies listed ...
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