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 the 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.
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Biman Bangladesh Airlines, commonly known as Biman (/biːmɑːn/bee-mah-n, Bengali:[ˈbimaːn]), is the national flag carrier of Bangladesh. With its main hub at Hazrat Shahjalal International Airport in Dhaka, the airline also operates flights from its secondary hubs at Shah Amanat International Airport in Chittagong and as well as Osmani International Airport in Sylhet. The airline provides international passenger and cargo services to multiple destinations and has air service agreements in 42 countries. The headquarters of the airline, Balaka Bhaban, is located in Kurmitola, in the northern part of Dhaka. Annual Hajj flights, transporting tourists, migrants, and non-resident Bangladeshi workers and the activities of its subsidiaries form an integral part of the corporate business of the airline. Bangladesh's air transport sector, which is experiencing an 8% annual growth rate thanks to a large number of outbound tourists, domestic tourists, and non-resident Bangladeshi travellers, is very competitive with stiff competition among some private Bangladeshi airlines as well as Biman.
Created in February 1972, Biman enjoyed an internal monopoly in the aviation industry of Bangladesh for 24 years, until 1996. In the decades following its founding, the airline expanded its fleet and destinations but it was adversely affected by corruption and mismanagement. At its peak, Biman operated flights to 29 international destinations, extending from New York City in the west to Tokyo in the east. The airline was wholly owned and managed by the government of Bangladesh until 23 July 2007, when it was transformed into the country's largest public limited company by the Caretaker Government of Bangladesh. Since becoming a public limited company in 2007, the airline has reduced staff and begun to modernize its fleet. The airline had signed a deal with Boeing to buy ten new aircraft and options for ten more in 2008. After taking delivery of the new planes, Biman expanded its destinations and increased in-flight amenities, especially onboard Internet, WiFi, mobile telephony and live TV streams. (Full article...)
Image 7The 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.
Image 930 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.
Share of the Banque de Montreux, issued 20 November 1900. Sociétés anonymes were common in Switzerland at this time.
The abbreviation S.A. or SA designates a type of limited company in certain countries, most of which have a Romance language as their official language and operate a derivative of the 1804, Napoleonic, civil law. Originally, shareholders could be anonymous and collect dividends by surrendering coupons attached to their share certificates. Dividends were paid to whomever held the certificate. Since share certificates could be transferred privately, corporate management would not necessarily know who owned its shares – nor did anyone but the holders.
As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company to obscure the beneficiary. (Full article...)
The company's initial public offering was held on March 14, 1986. The stock, which eventually closed at $27.75 a share, peaked at $29.25 a share shortly after the market opened for trading. After the offering, Microsoft had a market capitalization of $519.777 million. Microsoft has subsequently acquired over 225 companies, purchased stakes in 64 companies, and made 25 divestments. Of the companies that Microsoft has acquired, 107 were based in the United States. Microsoft has not released financial details for most of these mergers and acquisitions. (Full article...)
The Lockheed Martin Corporation is an American defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland. As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds a market cap of around $139.7 billion.
Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It was the world's largest defense contractor by revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. In 2009, US government contracts accounted for $38.4 billion (85%), foreign government contracts for $5.8 billion (13%), and commercial and other contracts for $900 million (2%). Half of the corporation's annual sales are to the U.S. Department of Defense. Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA).
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