The Walt Disney Studios consists of the company's filmed entertainment and theatrical entertainment businesses, including Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, ...
Community Business Development Corporation (CBDC) Founded Guysborough, Nova Scotia, Canada, 1975 Type Not-for-profit, Financial services, Business Counsulting The Community Business Development Corporation (CBDC) (French: La Corporation de ...
- Dawn Grant
- Guysborough, Nova Scotia, Canada, 1975
- Basil Ryan
- Not-for-profit, Financial services, Business Counsulting
- Regulation and Tax Structure
- Larger Bdcs
- BDC ETFs
- See Also
- External Links
Election means the BDC must subject itself to all relevant provisions of the Investment Company Act, which (a) limits how much debt a BDC may incur, (b) prohibits most affiliated transactions, (c) requires a code of ethics and a comprehensive compliance program, and (d) requires regulation by the Securities and Exchange Commission(SEC) and subject to regular examination, like all mutual funds and closed-end funds. BDCs are also required to file quarterly reports, annual reports, and proxy statements with the SEC. Some BDCs are publicly traded, while others are not. BDCs are usually taxed as regulated investment companies (RIC) under the Internal Revenue Code. Like real estate investment trusts (REITs), as long as the RIC meets certain income, diversity, and distribution requirements, the company pays little or no corporate income tax. As a pass-through tax structure, RICs must distribute at least 90 percent of taxable income as dividends to investors. Most BDCs distribute 98 percent...
BDCs are similar to venture capital (VC) or private equity(PE) funds since they provide investors with a way to invest in small companies and participate in the sale of those investments. However, VC and PE funds are often closed to all but wealthy investors. BDCs, on the other hand, allow anyone who purchases a share to participate in the open market. This feature often attracts money to newly public BDCs, thereby giving them a faster way to raise capital for investments than VC funds.
Among the largest BDCs by market value, are (in alphabetical order): 1. Apollo Investment Corp. (Nasdaq: AINV) 2. Ares Capital Corp. (Nasdaq: ARCC) 3. BlackRock Kelso Capital Corp (Nasdaq: BKCC) 4. FS KKR Capital Corp. (NYSE: FSK) 5. Gladstone Investment Corp (Nasdaq: GAIN) 6. Golub Capital BDC, Inc. (Nasdaq: GBDC) 7. Hercules Technology Growth Capital (Nasdaq: HTGC) 8. Horizon Technology Finance Corporation (Nasdaq: HRZN) 9. KCAP Financial, Inc (Nasdaq: KCAP) 10. Medley Capital Corp (NYSE: MCC) 11. PennantPark Investment Corp (Nasdaq: PNNT) 12. Prospect Capital Corp (Nasdaq: PSEC) Some BDCs are non-traded, with $1 billion or more of assets under management.The largest non-traded BDCs are as follows: 1. FS Investment Corporation II 2. FS Energy & Power Fund 3. FS Investment Corporation III 4. Business Development Corp of America 5. TCW Direct Lending LLC 6. CĪON Investment Corporation 7. Sierra Income Corp
For public equity investors looking to invest in a fund focused on BDCs, there are two options: 1. VPC: Virtus Private Credit Strategy ETF 2. BIZD: VanEck BDC Income ETF
- External Links
The history of the companies that now make up UBM stretches back almost two hundred years. UBM businesses still publish many other titles that were launched in the 19th century, including Building magazine, launched in 1843 by Joseph Hansom, as well as Chemist & Druggist. The company was founded in 1918 as United Newspapers by David Lloyd George to acquire the Daily Chronicle and Lloyd's Weekly Newspaper. In 1929, the company merged with Provincial Newspapers, an owner of regional papers in t...
MAI was part of a consortium which bid for the ITV south and south east area, which formed Meridian Broadcasting in 1991. MAI began to expand following the successful launch of Meridian: in 1994 the company bought Anglia Television, the ITV franchise for the east of England, and the following year became a major shareholder in the consortium that won the franchise for Channel 5. In 1996, MAI merged with United Newspapers (via an agreed takeover by United) to form United News & Media (UNM). Th...
Reorganisation since 2005
In 2005 UBM re-focused on two principal businesses: PR Newswire, a global news distribution business; and CMP, an international events, print and online publishing business. It disposed of NOP which was acquired by GfK for £383 million in 2005. In September 2006, NewBay Media acquired CMP Entertainment Media from United Business Media. The trade book operations of CMP were sold to Elsevier and Hal Leonard. It went on to acquire Commonwealth Business Media for $152 million in 2006. On 1 July 2...
UBM was a global B2B events organizer. Its businesses included UBM Asia, UBM EMEA and UBM Americas. It was also a shareholder of ITN and Press Association. UBM's brands included: Conferences Journals (published by Technology Group) Other"United Business Media plc (unitedbusinessmedia.com)". United Business Media. United Business Media plc. Archived from the original on 10 July 2004. Retrieved 20 February 2021."UBM Tech (tech.ubm.com)". United Business Media Limited. Archived from the original on 3 November 2012. Retrieved 20 February 2021."Welcome to United Business Media Limited (www.ubm.com)". United Business Media Limited. 16 December 2008. Archived from the originalon 16 December 2008.
- Corporate Affairs
- Accidents and Incidents
- See Also
- External Links
1955–1979: Establishment and early years
What would become Condor was founded on 21 December 1955 as Deutsche Flugdienst GmbH. Its initial ownership was divided between the German shipping company Norddeutscher Lloyd (27.75%), trans-Atlantic shipping firm Hamburg America Line (27.75%), German flag carrier airline Deutsche Lufthansa (26%), and railway company Deutsche Bundesbahn (18.5%). Deutsche Flugdienst's initial fleet consisted of three 36-passenger Vickers VC.1 Viking aircraft; they were based at Frankfurt Airport, which was al...
1980–1999: Expansion and restructuring
During 1989, the firm launched "Condor Flüge Individuell" (later known as Condor Individuell); this venture leveraged its individual seat business to sell airline seats to members of the public directly. According to a Condor spokesman, the airline was selling around 15% of its tickets itself. During the early 1990s, production company Südflug, a wholly owned subsidiary of Condor, was integrated into the airline. This change brought both the Boeing 757 and Boeing 767jetliners into Condor's se...
2000–2009: Transition to Thomas Cook ownership
From 2000 onwards, the Condor shares held by Lufthansa were gradually acquired by both Thomas Cook AG and Thomas Cook Group. The process of transforming Condor from a Lufthansa subsidiary to a part of Thomas Cook (along with Thomas Cook Airlines, Thomas Cook Airlines Belgium and Thomas Cook Airlines Scandinavia began with the rebranding as Thomas Cook powered by Condor on 1 March 2003. A new livery was introduced, featuring the Thomas Cook logo on the aircraft tail and the word "Condor" writt...
The company used to be headquartered in Kelsterbach and is now is headquartered in Frankfurt am Main, Hesse. In January 2010, the airline held a groundbreaking for a new headquarters complex in Gateway Gardens, an office complex located in Flughafen, Frankfurt, across the Bundesautobahn 3 from Frankfurt Airport. Ralf Teckentrup, the CEO of Condor, said that the new headquarters would place the airline's operations closer to Frankfurt Airport. 380 ground employees will work in the building, an...
At the beginning of 1998, Condor founded Condor Berlin GmbH (CIB), a wholly owned subsidiary headquartered in Berlin-Schönefeld. It owned the ICAO-Code CIB and operated on the short and medium-haul routes with its Airbus A320-200until its integration into the parent company on 1 May 2013.
As of December 2020, the Condor fleet consists of the following aircraft:
Over the years, Condor operated the following aircraft types:
Condor's Business Class is offered on all Boeing 767 aircraft. The seats (Zodiac Aerospace) convert to 170 degrees beds with 180 centimetres (71 in) in length and a standard seat pitch (in take off mode) of 60 inches (1,500 mm). The seats include power and USB outlets as well as a 15-inch (380 mm) screen for in-flight entertainment.
The long-haul version (offered on all Boeing 767) offers regular economy class seats from German manufacturer ZIM FLUGSITZwith 15 centimetres (5.9 in) more legroom (1 metre (3 ft 3 in) seat pitch).
Condor's long-haul Economy Class is offered on all Boeing 767 aircraft. All seats have a 30-inch (760 mm) seat pitchwith a 17-inch (430 mm) width. The middle seats are slightly wider (2-inch (51 mm)) than non-middle seats.On 17 October 1958, a Deutsche Flugdienst (as the airline was called at that time) Vickers VC.1 Viking (registered D-BELA) on a cargo flight had to carry out a forced landing near Zele in Belgiumdu...On 31 July 1960, a Deutsche Flugdienst Convair CV-240 (registered D-BELU) en route from Frankfurt to Rimini experienced failures in both engines upon approaching Rimini Airport. The pilots had to c...On 20 July 1970, a Condor Boeing 737-100 (registered D-ABEL) which was approaching Reus Airport, collided with a privately owned Piper Cherokee light aircraft (registration EC-BRU) near Tarragona,...
Media related to Condorat Wikimedia Commons 1. Official website 2. Condor's 55th anniversary (in German)
- Bias, Reliability, and Editorial Policy
Business Insider was launched in 2007 and is based in New York City. Founded by DoubleClick's former CEO Kevin P. Ryan, Dwight Merriman, and Henry Blodget, the site began as a consolidation of industry vertical blogs, the first of them being Silicon Valley Insider (launched 16 May 2007) and Clusterstock (launched 20 March 2008). In addition to providing and analyzing business news, the site aggregates news stories on various subjects. It started a UK edition in November 2014, and a Singapore bureau in September 2020. BI's parent company is Insider Inc. After Business Insider was purchased by Axel Springer SE in 2015, a substantial portion of its staff left the company. According to a CNN report, some staff who exited complained that "traffic took precedence over enterprise reporting". In 2018, staff members were asked to sign a confidentiality agreement that included a nondisparagementclause requiring them not to criticize the site during or after their employment. Early in 2020, CE...
Business Insider first reported a profit in the fourth quarter of 2010. As of 2011, it had 45 full-time employees. Its target audience at the time was limited to "investors and financial professionals". In June 2012, it had 5.4 million unique visitors. As of 2013[update], Jeff Bezos was a Business Insider investor; his investment company Bezos Expeditionsheld approximately 3 percent of the company as of its acquisition in 2015. In 2015, Axel Springer SE acquired 88 percent of the stake in Insider Inc. for $343 million (€306 million),implying a total valuation of $442 million.
Business Insider operates a paid division titled BI Intelligence, established in 2013. In July 2015, Business Insider began the technology website Tech Insider, with a staff of 40 people working primarily from the company's existing New York headquarters, but originally separated from the main Business Insider newsroom. However, Tech Insider was eventually folded into the Business Insiderwebsite. In October 2016, Business Insider started Markets Insideras a joint venture with Finanzen.net, another Axel Springer company.
In 2010, Business Insider falsely reported that New York Governor David Paterson was slated to resign, which multiple news sources had also reported; BI had earlier reported a false story alleging that Steve Jobs experienced a heart attack, which was based on the citizen-journalism site iReport.. The story was updated 25 minutes after being published, after learning that it was false. In April 2011, Blodget sent out a notice inviting publicists to "contribute directly" to Business Insider. As of September 2011[update], Business Insider allowed the use of anonymous sources "at any time for any reason". According to the World Association of Newspapers and News Publishers, Business Insider gave SAP "limited editorial control" over the content of its "Future of Business" section as of 2013[update]. The website publishes a mix of original reporting and aggregation of other outlets' content. Business Insider has also published native advertising.
In January 2009, the Clusterstock section appeared in Time's list of 25 best financial blogs, and the Silicon Alley Insider section was listed in PC Magazine's list of its "favorite blogs of 2009". 2009 also saw Business Insider's selection as an official Webbyhonoree for Best Business Blog. In 2012, Business Insider was named to the Inc. 500. In 2013, the publication was once again nominated in the Blog-Business category at the Webby Awards. In January 2014, The New York Times reported that Business Insider's web traffic was comparable to that of The Wall Street Journal. In 2017, Digiday included imprint Insideras a candidate in two separate categories—"Best New Vertical" and "Best Use of Instagram"—at their annual Publishing Awards. The website has faced criticism for what critics consider its clickbait-style headlines. A 2013 profile of Blodget and Business Insider in The New Yorker suggested that Business Insider, because it republishes material from other outlets, may not alway...
Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services.Apple is the world's largest technology company by revenue (totaling $274.5 billion in 2020) and, ...
- Transitional Arrangements
- External Links
The name of the statute actually commences with "BVI". That statute is often mistakenly referred to as simply the "Business Companies Act" due to a common misinterpretation that the "BVI" is a description of the jurisdiction of enactment rather than actually part of the name. The letters BVI were deliberately inserted as part of the branding exercise, and it was hoped that companies formed under the new legislations would be referred to as "BVIBCs". This would neatly merge the common acronym under the old legislation ("IBCs") and the common reference used in Hong Kong, the which has the largest geographical concentration of British Virgin Island companies (where they are often referred to simply as: "BVIs"). Ultimately the phrase "BVIBCs" proved to be too much of a mouthful, and in the offshore financial industry, it is more usual to refer to entities formed under the Act as "BCs", or simply "BVI companies".
The Act contains a number of specific features which are designed to make the British Virgin Islands more attractive as an offshore financial centre. These include: 1. considerably restricting the requirement for corporate benefit 2. abolishing financial assistancein relation to company shares 3. abolishing the concept of a share capital in relation to company shares (and thereby en passant removing requirements relating to maintenance of capital and distributable reserves requirements for dividends) 4. removing restrictions in relation to the declaration of dividends 5. increasing the types of company that can be formed 6. modernising the regime for registration of security interests 7. the Act introduces statutory minority shareholder protections 8. companies are no longer required to have a stated corporate object, thereby obviating a number of difficulties relating to ultra vires and director's duties.
The intention of the legislation was to eventually consolidate all British Virgin Islands company law into a single statute. Prior to the BVI Business Companies Act coming into force, it was possible to incorporate a companyunder two different statutes: the International Business Companies Act (Cap 291) and the Companies Act (Cap 285). After the BVI Business Companies Act came into force on 1 January 2005, it was possible to incorporate a company under any of the three statutes. It was also possible for a company which had been originally incorporated under the International Business Companies Act or the Companies Act to adopt new constitutional documentsand voluntarily re-register under the BVI Business Companies Act. After 1 January 2006, it was no longer possible to incorporate a company under the International Business Companies Act or the Companies Act, but companies which had been originally incorporated under those Acts continued to be regulated by them. After 1 January 2007,...
The Act has already been amended multiple times in its relatively brief life. Although some of the amendments relate to fine tuning legislation, and others relate to introducing new features (such as minority shareholder rights), a great many other amendments have been necessary to fix issues brought about by the transitional arrangements. Registration procedures for security interestshave proved particularly difficult to resolve.
Although the predecessor International Business Companies Act was widely copied by other offshore jurisdictions, it was assumed that the BVI Business Companies Act would not be similarly replicated, as the architecture of the legislation integrated it very closely with the systems and procedures of the British Virgin Islands corporate registry. However, in 2006 the Isle of Man passed new company act, the Isle of Man Companies Act, which was nearly a word-for-word copy of the BVI Business Companies Act.
British Virgin Islands Financial Services Commission outside the offices of the FSC Agency overview Formed December 2001 () Jurisdiction British Virgin Islands The BVI Financial Services Commission is an autonomous regulatory authority ...
- Physics of Semiconductors
- Early History of Semiconductors
- See Also
- Further Reading
- External Links
Variable electrical conductivity
Semiconductors in their natural state are poor conductors because a current requires the flow of electrons, and semiconductors have their valence bands filled, preventing the entire flow of new electrons. Several developed techniques allow semiconducting materials to behave like conducting materials, such as doping or gating. These modifications have two outcomes: n-type and p-type. These refer to the excess or shortage of electrons, respectively. An unbalanced number of electrons would cause...
Heterojunctions occur when two differently doped semiconducting materials are joined together. For example, a configuration could consist of p-doped and n-doped germanium. This results in an exchange of electrons and holes between the differently doped semiconducting materials. The n-doped germanium would have an excess of electrons, and the p-doped germanium would have an excess of holes. The transfer occurs until an equilibrium is reached by a process called recombination, which causes the...
A difference in electric potential on a semiconducting material would cause it to leave thermal equilibrium and create a non-equilibrium situation. This introduces electrons and holes to the system, which interact via a process called ambipolar diffusion. Whenever thermal equilibrium is disturbed in a semiconducting material, the number of holes and electrons changes. Such disruptions can occur as a result of a temperature difference or photons, which can enter the system and create electrons...
A large number of elements and compounds have semiconducting properties, including: 1. Certain pure elements are found in Group 14 of the periodic table; the most commercially important of these elements are silicon and germanium. Silicon and germanium are used here effectively because they have 4 valence electrons in their outermost shell which gives them the ability to gain or lose electrons equally at the same time. 2. Binary compounds, particularly between elements in Groups 13 and 15, such as gallium arsenide, Groups 12 and 16, groups 14 and 16, and between different group 14 elements, e.g. silicon carbide. 3. Certain ternary compounds, oxides, and alloys. 4. Organic semiconductors, made of organic compounds. 5. Semiconducting Metal-organic frameworks. The most common semiconducting materials are crystalline solids, but amorphous and liquid semiconductors are also known. These include hydrogenated amorphous silicon and mixtures of arsenic, selenium and tellurium in a variety of...
Energy bands and electrical conduction
Semiconductors are defined by their unique electric conductive behavior, somewhere between that of a conductor and an insulator. The differences between these materials can be understood in terms of the quantum states for electrons, each of which may contain zero or one electron (by the Pauli exclusion principle). These states are associated with the electronic band structure of the material. Electrical conductivity arises due to the presence of electrons in states that are delocalized (exten...
The partial filling of the states at the bottom of the conduction band can be understood as adding electrons to that band. The electrons do not stay indefinitely (due to the natural thermal recombination) but they can move around for some time. The actual concentration of electrons is typically very dilute, and so (unlike in metals) it is possible to think of the electrons in the conduction band of a semiconductor as a sort of classical ideal gas, where the electrons fly around freely without...
The conductivity of semiconductors may easily be modified by introducing impurities into their crystal lattice. The process of adding controlled impurities to a semiconductor is known as doping. The amount of impurity, or dopant, added to an intrinsic (pure) semiconductor varies its level of conductivity. Doped semiconductors are referred to as extrinsic.By adding impurity to the pure semiconductors, the electrical conductivity may be varied by factors of thousands or millions. A 1 cm3 specim...
The history of the understanding of semiconductors begins with experiments on the electrical properties of materials. The properties of the time-temperature coefficient of resistance, rectification, and light-sensitivity were observed starting in the early 19th century. Thomas Johann Seebeck was the first to notice an effect due to semiconductors, in 1821. In 1833, Michael Faraday reported that the resistance of specimens of silver sulfide decreases, when they are heated. This is contrary to the behavior of metallic substances such as copper. In 1839, Alexandre Edmond Becquerel reported observation of a voltage between a solid and a liquid electrolyte, when struck by light, the photovoltaic effect. In 1873, Willoughby Smith observed that selenium resistors exhibit decreasing resistance, when light falls on them. In 1874, Karl Ferdinand Braun observed conduction and rectification in metallic sulfides, although this effect had been discovered much earlier by Peter Munck af Rosenschold...A. A. Balandin & K. L. Wang (2006). Handbook of Semiconductor Nanostructures and Nanodevices (5-Volume Set). American Scientific Publishers. ISBN 978-1-58883-073-9.Sze, Simon M. (1981). Physics of Semiconductor Devices (2nd ed.). John Wiley and Sons (WIE). ISBN 978-0-471-05661-4.Turley, Jim (2002). The Essential Guide to Semiconductors. Prentice Hall PTR. ISBN 978-0-13-046404-0.Yu, Peter Y.; Cardona, Manuel (2004). Fundamentals of Semiconductors : Physics and Materials Properties. Springer. ISBN 978-3-540-41323-3.