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Stirling Homex Corporation
The Stirling Homex Corporation was an American manufacturing company based in Avon, New York. It produced modular prefabricated homes. It went bankrupt in 1972. History Stirling Homex Corporation was a company founded by two brothers, David and William Stirling. It manufactured and located modular homes. It became a publicly-traded company on February 20, 1970. At its initial public offering, the company's stock sold at $16.50 per share. By the middle of March, its stock traded at $51 per share. Stirling Homex misled investors by inflating its reported revenue, stating in its consolidated financial statements that the value of completed housing modules which were assigned to contracts were counted as revenue and asserting that said contracts were backed by the United States Department of Housing and Urban Development. In reality, most contracts were not backed by the federal department and revenue was reported for homes which were not paid for and which had not been turned over to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avon, New York
Avon () is a town in Livingston County, New York, United States. It is south of Rochester. The town population was 7,146 at the 2010 census. The town was named after the River Avon in England. The village of Avon is in the northwest part of the town. History The area around and including what would become Avon village was inhabited for millennia by Paleo-Indians and later by the Seneca people, the western-most tribe of the Iroquois Confederacy. After the Iroquois title to the land was extinguished in 1788 with the Phelps and Gorham Purchase, white and Black settlement of the area began. In 1789, Dr. Timothy Hosmer, Maj. Isaiah Thompson, William Wadsworth, and others from Hartford, Connecticut, purchased a tract east of the Genesee River and named it "Hartford" after their homeland. The town was organized in 1797. The town's name was changed to "Avon" in 1808 to avoid confusion with another Hartford in Washington County, New York. In 1818, part of the town was removed to fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Modular Building
A modular building is a prefabricated building that consists of repeated sections called modules. Modularity involves constructing sections away from the building site, then delivering them to the intended site. Installation of the prefabricated sections is completed on site. Prefabricated sections are sometimes placed using a crane. The modules can be placed side-by-side, end-to-end, or stacked, allowing for a variety of configurations and styles. After placement, the modules are joined together using inter-module connections, also known as inter-connections. The inter-connections tie the individual modules together to form the overall building structure. Uses Modular buildings may be used for long-term, temporary or permanent facilities, such as construction camps, schools and classrooms, civilian and military housing, and industrial facilities. Modular buildings are used in remote and rural areas where conventional construction may not be reasonable or possible, for examp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Financial Statement
Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial statements", and International Financial Reporting Standard 10 "Consolidated financial statements". Consolidated statement of financial position While preparing a consolidated financial statement, there are two basic procedures that need to be followed: first, cancel out all the items that are accounted as an asset in one company and a liability in another, and then add together all uncancelled items. There are two main type of items that cancel each other out from the consolidated statement of financial position. * "Investment in subsidiary companies" which is treated as an asset in the parent company will be cancelled out by "share capital" acco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Housing And Urban Development
The United States Department of Housing and Urban Development (HUD) is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. It is headed by the Secretary of Housing and Urban Development, who reports directly to the President of the United States and is a member of the president's Cabinet. Although its beginnings were in the House and Home Financing Agency, it was founded as a Cabinet department in 1965, as part of the " Great Society" program of President Lyndon B. Johnson, to develop and execute policies on housing and metropolises. History The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York Governor Nelson A. Rockefeller. The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative prio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marvin E
Marvin may refer to: __NOTOC__ Geography ;In the United States * Marvyn, Alabama, also spelled Marvin, an unincorporated community * Marvin, Missouri, an unincorporated community * Marvin, North Carolina, a village * Marvin, South Dakota, a town * Robley, Virginia, also known as Marvin * Lake Marvin, a lake in Georgia ;Elsewhere * Marvin Islands, Nunavut, Canada People and fictional characters * Marvin (given name), including a list of people and fictional characters * Marvin (surname), including a list of people and fictional characters Arts and entertainment * ''Marvin the Album'', an album by the Australian group Frente! * "Marvin (Patches)", a song by Titãs * "Marvin" (Marvin the Paranoid Android song), a song by Marvin the Paranoid Android (1981) * ''Marvin'' (film), a 2017 French film * ''Marvin'' (comic), a newspaper comic strip Other uses * Marvin (robot), developed by the University of Kaiserslautern Robotics Research Lab in Germany See also * Marven Gardens, a ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peat Marwick
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Companies Of The United States
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from '' Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1972 Disestablishments In New York (state)
Year 197 ( CXCVII) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Magius and Rufinus (or, less frequently, year 950 ''Ab urbe condita''). The denomination 197 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * February 19 – Battle of Lugdunum: Emperor Septimius Severus defeats the self-proclaimed emperor Clodius Albinus at Lugdunum (modern Lyon). Albinus commits suicide; legionaries sack the town. * Septimius Severus returns to Rome and has about 30 of Albinus's supporters in the Senate executed. After his victory he declares himself the adopted son of the late Marcus Aurelius. * Septimius Severus forms new naval units, manning all the triremes in Italy with heavily armed troops for war in the East. His soldiers embark on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In New York (state)
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "arti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
