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Wiki Wiki Summary
Subsidiary A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that belong to the same parent company are called sister companies.
Emirates subsidiaries Emirates Airline has diversified into related industries and sectors, including airport services, event organization, engineering, catering, and tour operator operations. Emirates has four subsidiaries, and its parent company has more than 50.
Subsidiary alliance A subsidiary alliance, in South Asian history, was a tributary alliance between an Indian state and a European East India Company. The system of subsidiary alliances was pioneered by the French East India Company governor Joseph François Dupleix, who in the late 1740s established treaties with the Nizam of Hyderabad, India, and other Indian princes in the Carnatic.It stated that the Indian rulers who formed a treaty with the British would be provided with protection against any external attacks in place that the rulers were (a) required to keep the British army at the capitals of their states (b)they were either to give either money or some territory to the company for the maintenance of the British troops (c) they were to turn out from their states all non-english europeans whether they were employed in the army or in the civil service and (d)they had to keep a British official called 'resident' at the capital of their respective states who would oversee all the negotiations and talks with the other states which meant that the rulers were to have no direct correspondence or relations with the other states .
Subsidiary title A subsidiary title is an hereditary title held by a royal or noble person but which is not regularly used to identify that person, due to the concurrent holding of a greater title.\n\n\n== United Kingdom ==\nAn example in the United Kingdom is the Duke of Norfolk, who is also the Earl of Arundel, the Earl of Surrey, the Earl of Norfolk, the Baron Beaumont, the Baron Maltravers, the Baron FitzAlan, the Baron Clun, the Baron Oswaldestre, and the Baron Howard of Glossop.
List of Gazprom subsidiaries Russian energy company Gazprom has several hundred subsidiaries and affiliated companies owned and controlled directly or indirectly. The subsidiaries and affiliated companies are listed by country.
Alphabet Inc. Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California.
Operation Mincemeat Operation Mincemeat was a successful British deception operation of the Second World War to disguise the 1943 Allied invasion of Sicily. Two members of British intelligence obtained the body of Glyndwr Michael, a tramp who died from eating rat poison, dressed him as an officer of the Royal Marines and placed personal items on him identifying him as the fictitious Captain (Acting Major) William Martin.
Bitwise operation In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor.
Special Activities Center The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015.
Operation (mathematics) In mathematics, an operation is a function which takes zero or more input values (called operands) to a well-defined output value. The number of operands (also known as arguments) is the arity of the operation.
Cash flow forecasting Cash flow forecasting is the process of obtaining an estimate or forecast of a company's future financial position; the cash flow forecast is typically based on anticipated payments and receivables.\nSee Financial forecast for general discussion re methodology.
Statistical significance In statistical hypothesis testing, a result has statistical significance when it is very unlikely to have occurred given the null hypothesis. More precisely, a study's defined significance level, denoted by \n \n \n \n α\n \n \n {\displaystyle \alpha }\n , is the probability of the study rejecting the null hypothesis, given that the null hypothesis is true; and the p-value of a result, \n \n \n \n p\n \n \n {\displaystyle p}\n , is the probability of obtaining a result at least as extreme, given that the null hypothesis is true.
Significant Others The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation.
The Simpsons The Simpsons is an American animated sitcom created by Matt Groening for the Fox Broadcasting Company. The series is a satirical depiction of American life, epitomized by the Simpson family, which consists of Homer, Marge, Bart, Lisa, and Maggie.
Significant Mother Significant Mother is an American television sitcom created by Erin Cardillo and Richard Keith. Starring Josh Zuckerman, Nathaniel Buzolic and Krista Allen, it premiered on The CW network on August 3 and ended its run on October 5, 2015.
Internet In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.
Financial condition report In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. Risk assessment in an FCR involves dynamic solvency testing, a type of dynamic financial analysis that simulates management response to risk scenarios, to test whether a company could remain solvent in the face of deteriorating economic conditions or major disasters.
Balance sheet In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year.
Financial statement Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.\nRelevant financial information is presented in a structured manner and in a form which is easy to understand.
Trustmark (bank) Trustmark is a commercial bank and financial services company headquartered in Jackson, Mississippi, United States, with subsidiaries Trustmark National Bank, Trustmark Investment Advisors, and Fisher Brown Bottrell Insurance. The bank's initial predecessor, The Jackson Bank, was chartered by the State of Mississippi in 1889.
Form 10-K A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders," which a company must send to its shareholders when it holds an annual meeting to elect directors (though some companies combine the annual report and the 10-K into one document).
Federal takeover of Fannie Mae and Freddie Mac In September 2008 the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance home mortgages in the United States by issuing bonds, had become illiquid as the market for those bonds collapsed in the subprime mortgage crisis.
Penal transportation Penal transportation or transportation was the relocation of convicted criminals, or other persons regarded as undesirable, to a distant place, often a colony, for a specified term; later, specifically established penal colonies became their destination. While the prisoners may have been released once the sentences were served, they generally did not have the resources to return home.
CSX Transportation CSX Transportation (reporting mark CSXT), known colloquially as simply CSX, is a Class I freight railroad operating in the eastern United States and the Canadian provinces of Ontario and Quebec. The railroad operates approximately 21,000 route miles (34,000 km) of track.
Department of transportation Department of transportation (DOT) is the most common name for a government agency in Canada or the United States devoted to transportation. The largest is the United States Department of Transportation, which oversees interstate travel and is a federal agency.
Patriot Transportation Patriot Transportation is an American trucking and real estate holding company based in Jacksonville, Florida. Through its affiliates, Patriot specializes in moving freight consisting mainly of petroleum products and other liquids and also dry bulk commodities.
Pensions in the United Kingdom Pensions in the United Kingdom, whereby United Kingdom tax payers have some of their wages deducted to save for retirement, can be categorised into three major divisions - state, occupational and personal pensions.\nThe state pension is based on years worked, with a 35-year work history yielding a pension of £179.60 per week.
Retirement plans in the United States A retirement plan is a financial arrangement designed to replace employment income upon retirement. These plans may be set up by employers, insurance companies, trade unions, the government, or other institutions.
Radio regulation Radio regulation refers to the regulation and licensing of radio in international law, by individual governments, and by municipalities.\n\n\n== International regulation ==\nThe International Telecommunication Union (ITU) is a specialized agency of the United Nations (UN) that is responsible for issues that concern information and communication technologies.
Regulation of therapeutic goods The regulation of therapeutic goods, defined as drugs and therapeutic devices, varies by jurisdiction. In some countries, such as the United States, they are regulated at the national level by a single agency.
New York Codes, Rules and Regulations The New York Codes, Rules and Regulations (NYCRR) contains New York state rules and regulations. The NYCRR is officially compiled by the New York State Department of State's Division of Administrative Rules.
Price fixing cases This is a partial list of notable price fixing and bid rigging cases.\n\n\n== United States ==\n\n\n=== Agribusiness ===\nLysine price-fixing conspiracy\n\n\n=== Air travel ===\nIn August 2007 British Airways (BA) was fined £121.5 million for price-fixing.
Wightlink Wightlink is a ferry company operating routes across The Solent between Hampshire and the Isle of Wight in the south of England. It operates car ferries between Lymington and Yarmouth, and Portsmouth and Fishbourne and a fast passenger-only catamaran between Portsmouth Harbour and Ryde Pier.
Canadian National Railway Co v Canada (AG) Canadian National Railway Co v Canada (AG), 2014 SCC 40 is a significant case from the Supreme Court of Canada in the area of Canadian administrative law, focusing on whether the standard of review framework set out in Dunsmuir v. New Brunswick applies to decisions of the Governor in Council of Canada (i.e., the Cabinet of Canada), and whether it has authority to vary or rescind an administrative tribunal decision on questions of law or jurisdiction.
Risk Factors
CNF INC ITEM 1A RISK FACTORS Business Interruption CNF and its subsidiaries rely on CNF’s Administrative and Technology (“Adtech”) Center, a centralized shared-service facility in Portland, Oregon, for the performance of shared administrative and technology services in the conduct of their businesses
CNF’s computer facilities and its administrative and technology employees are located at the AdTech Center
Although CNF maintains backup systems and has disaster recovery processes and procedures in place, a sustained interruption in the operation of these facilities, whether due to terrorist activities, earthquakes, floods or otherwise, could have a material adverse effect on CNF’s financial condition, results of operations, and cash flows
Customer Concentration Menlo Worldwide and many of its competitors in the third-party logistics segments are subject to risk related to customer concentration because of the relative importance of their largest customers and the increased ability of those customers to influence pricing and other contract terms
Although Menlo Worldwide continues to broaden and diversify its customer base, a significant portion of its revenue and operating results are derived from a relatively small number of customers, as more fully discussed in Item 1, “Business
” Consequently, a significant loss of business from, or adverse performance by, any of Menlo Worldwide’s major customers, particularly GM, may have a material adverse effect on CNF’s financial condition, results of operations, and cash flows
Similarly, the renegotiation of Menlo Worldwide’s major customer contracts may also have an adverse effect on CNF Cyclicality CNF’s operating results are affected, in large part, by conditions in the cyclical markets of its customers and on the US and global economies
Demand for transportation services fluctuates in response to overall economic conditions
Any sustained weakness in demand or continued downturn or uncertainty in the economy generally would have an adverse effect on CNF’s businesses
Employees The workforce of CNF and its subsidiaries is not affiliated with labor unions
CNF believes that the non-unionized operations of its subsidiaries have advantages over comparable unionized competitors in providing reliable and cost-competitive customer services, including greater efficiency and flexibility
There can be no assurance that CNF’s subsidiaries will be able to maintain their non-unionized status
CNF hires drivers primarily for its Con-Way business segment
There is significant competition for qualified drivers in the transportation industry
As a result of driver shortages, Con-Way may be required to increase driver compensation, utilize lower-quality drivers or face difficulty meeting customer demands, all of which could adversely affect CNF’s results of operations
Employee Benefit Costs CNF maintains health and welfare plans and a defined benefit pension plan, and provides certain other benefits to its employees
In recent years, health care costs have risen dramatically, and lower interest rates and returns on 9 _________________________________________________________________ [61]Table of Contents plan assets have increased the expense of, and funding requirements for, CNF’s defined benefit pension plan
In addition, the US Congress is considering legislation that may affect the ongoing cost and funding of the defined benefit pension plan
As a result, CNF is unable to predict the effect of continuing to provide these benefits to employees on CNF’s financial condition, results of operations, and cash flows
Government Regulation CNF is subject to compliance with many laws and regulations that apply to its business activities
These include regulations relating to hours of service for its drivers, and cargo security and transportation regulations issued by the Department of Homeland Security and the Department of Transportation
CNF is not able to accurately predict how new governmental laws and regulations, or changes to existing laws and regulations, will affect the transportation industry generally, or CNF in particular
Although government regulation that affects CNF and its competitors may simply result in higher costs that can be passed on to customers with no adverse consequences, there can be no assurance that this will be the case
As a result, CNF believes that any additional security and other measures that may be required by future laws and regulations or changes to existing laws and regulations could result in additional costs and could have an adverse effect on its ability to serve customers and on its financial condition, results of operations, and cash flows
Price and Availability of Fuel CNF is exposed to the effects of changes in the availability and price of diesel fuel
Generally, fuel can be obtained from various sources and in the desired quantities
However, an inability to obtain fuel due to fuel shortages or any other reason could have a material adverse effect on CNF CNF and its subsidiaries (primarily Con-Way) are subject to the risk of price fluctuations
Like other LTL carriers, Con-Way assesses many of its customers with a fuel surcharge
The fuel surcharge is a part of Con-Way’s overall rate structure for customers and is intended to compensate Con-Way for the adverse effects of higher fuel costs
As fuel prices have risen, the fuel surcharge has increased Con-Way’s yields and revenue, and Con-Way has more than recovered higher fuel costs and fuel-related increases in purchased transportation
At times, in the interest of its customers, Con-Way has temporarily capped the fuel surcharge at a fixed percentage
Following a sharp increase in fuel costs in the aftermath of hurricanes in the US, Con-Way imposed a temporary cap on its fuel surcharge in 2005 that was in effect from August 29 through October 24
CNF cannot predict the future movement of fuel prices, Con-Way’s ability to recover higher fuel costs through fuel surcharges, or the effect that changes in fuel surcharges may have on Con-Way’s overall rate structure
Con-Way’s operating income would likely be adversely affected by a rapid and significant decline in fuel prices as lower fuel surcharges would reduce Con-Way’s yield and revenue
Whether fuel prices increase, decrease, or remain constant, Con-Way’s operating income may be adversely affected if competitive pressures limited Con-Way’s ability to assess its fuel surcharges