| Industries |
|---|
| Oil and Gas Exploration and Production |
| Asset Management and Custody Banks |
| Technology Hardware Storage and Peripherals |
| Information Technology |
| Technology Hardware and Equipment |
| Diversified Financial Services |
| Investment Banking and Brokerage |
| Exposures |
|---|
| Regime |
| Intelligence |
| Provide |
| Military |
| Cooperate |
| Economic |
| Event Codes |
|---|
| Yield to order |
| Psychological state |
| Yield |
| Demand |
| Warn |
| Host meeting |
| Solicit support |
| Force |
| Military blockade |
| Sports contest |
| Wiki | Wiki Summary |
|---|---|
| Adverse | Adverse or adverse interest, in law, is anything that functions contrary to a party's interest. This word should not be confused with averse. |
| Adverse possession | Adverse possession, sometimes colloquially described as "squatter's rights", is a legal principle in the Anglo-American common law under which a person who does not have legal title to a piece of property—usually land (real property)—may acquire legal ownership based on continuous possession or occupation of the property without the permission (licence) of its legal owner. The possession by a person is not adverse if they are in possession as a tenant or licensee of the legal owner. |
| Adverse food reaction | An adverse food reaction is an adverse response by the body to food or a specific type of food.The most common adverse reaction is a food allergy, which is an adverse immune response to either a specific type or a range of food proteins.\nHowever, other adverse responses to food are not allergies. |
| Anthony Adverse | Anthony Adverse is a 1936 American epic historical drama film directed by Mervyn LeRoy and starring Fredric March and Olivia de Havilland. The screenplay by Sheridan Gibney draws elements of its plot from eight of the nine books in Hervey Allen's historical novel, Anthony Adverse. |
| Hostile witness | A hostile witness, also known as an adverse witness or an unfavorable witness, is a witness at trial whose testimony on direct examination is either openly antagonistic or appears to be contrary to the legal position of the party who called the witness. This concept is used in the legal proceedings in the United States, and analogues of it exist in other legal systems in Western countries. |
| The Walt Disney Company | The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.\nDisney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Cartoon Studio; it also operated under the names the Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986. |
| Holding company | A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. |
| The Pokémon Company | The Pokémon Company (株式会社ポケモン, Kabushiki gaisha Pokémon) is a Japanese company responsible for brand management, production, publishing, marketing and licensing of the Pokémon franchise, which consists of video game software, a trading card game, anime television series, films, manga, home entertainment products, merchandise, and other ventures. It was established through a joint investment by the three businesses holding the copyright of Pokémon: Nintendo, Game Freak, and Creatures. |
| The Weather Company | The Weather Company is a weather forecasting and information technology company that owns and operates weather.com and Weather Underground. The Weather Company has been a subsidiary of the Watson & Cloud Platform business unit of IBM since 2016. |
| The Longaberger Company | The Longaberger Company is an American manufacturer and distributor of handcrafted maple wood baskets and other home and lifestyle products. The company opened in 1973, was acquired in 2013 by CVSL, Inc., and closed in 2018. |
| Emission inventory | An emission inventory (or emissions inventory) is an accounting of the amount of pollutants discharged into the atmosphere. An emission inventory usually contains the total emissions for one or more specific greenhouse gases or air pollutants, originating from all source categories in a certain geographical area and within a specified time span, usually a specific year. |
| Revised NEO Personality Inventory | The Revised NEO Personality Inventory (NEO PI-R) is a personality inventory that assesses an individual on five dimensions of personality, the so-called Big Five personality traits. These traits are openness to experience, conscientiousness, extraversion, agreeableness, and neuroticism. |
| Advertising inventory | Advertising inventory or media inventory is the space available in the media, advertising, and marketing industries to advertisers on newspapers, magazines, and digital platforms.Media space is typically broken down into four categories, which can be purchased through a variety of sales channels.\nPremium guaranteed\nAudience targeted\nRemnant\nSponsorships\n\n\n== History ==\nTraditionally advertising inventory was sold during upfront events in the third week of May. |
| Lumley inventories | The Lumley inventories are a group of inventories documenting the extensive collections of paintings, books, sculptures, silver and furniture accumulated by John, 1st Baron Lumley (c.1533–1609). The most celebrated of these, a manuscript volume which incorporates a considerable amount of heraldic and genealogical material as well as the inventory itself, is sometimes known as the "Red Velvet Book" (from its later binding), and sometimes simply as "the Lumley Inventory". |
| Ending inventory | Ending inventory is the amount of inventory a company has in stock at the end of its fiscal year. It is closely related with ending inventory cost, which is the amount of money spent to get these goods in stock. |
| European Community number | The European Community number (EC number) is a unique seven-digit identifier that was assigned to substances for regulatory purposes within the European Union by the European Commission. The EC Inventory comprises three individual inventories, EINECS, ELINCS and the NLP list. |
| Estadi Olímpic Lluís Companys | Estadi Olímpic Lluís Companys (Catalan pronunciation: [əsˈtaði uˈlimpiɡ ʎuˈis kumˈpaɲs], formerly known as the Estadi Olímpic de Montjuïc and Estadio de Montjuic) is a stadium in Barcelona, Catalonia, Spain. Originally built in 1927 for the 1929 International Exposition in the city (and Barcelona's bid for the 1936 Summer Olympics, which were awarded to Berlin), it was renovated in 1989 to be the main stadium for the 1992 Summer Olympics and 1992 Summer Paralympics. |
| Companys, procés a Catalunya | Companys, procés a Catalunya (Spanish: Companys, proceso a Cataluña) is a 1979 Spanish Catalan drama film directed by Josep Maria Forn, based on the last months of the life of the President of Catalonia, Lluís Companys, in which he shows his detention by the Nazis and his subsequent execution by the Spanish Francoists. It competed in the Un Certain Regard section at the 1979 Cannes Film Festival. |
| List of largest companies in the United States by revenue | This list comprises the largest companies in the United States by revenue as of 2022, according to the Fortune 500 tally of companies. Retail corporation Walmart has been the largest company in the US by revenue since 2014. |
| El Tarròs | El Tarròs (Spanish: Tarrós) is a small village in Tornabous municipality, in the province of Lleida, in Catalonia, Spain. In 2008 it had 100 inhabitants. |
| Management | Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body. It is the art and science of managing resources of the business. |
| Agile management | Agile management is the application of the principles of Agile software development to various management processes, particularly project management. Following the appearance of the Manifesto for Agile Software Development in 2001, Agile techniques started to spread into other areas of activity. |
| Women Management | Women Management is a modeling agency based in New York. Founded by Paul Rowland in 1988, Women also has two sister agencies, Supreme Management and Women 360 Management, which is also part of the Women International Agency Chain. |
| Sport management | Sport management is the field of business dealing with sports and recreation. Sports management involves any combination of skills that correspond with planning, organizing, directing, controlling, budgeting, leading, or evaluating of any organization or business within the sports field. |
| Port management | Port management involves the management of ports.\n\n\n== Larger ports ==\nAccording to a syllabus of the United Nations University:\n\nLarge ports need to deal with a number of disparate activities: the movement of ships, containers, and other cargo, the loading and unloading of ships and containers, customs activities. |
| Significant other | 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. |
| Significant form | Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art. |
| 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. |
| 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. |
| Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
| 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. |
| Surgery | Surgery is a medical or dental specialty that uses operative manual and instrumental techniques on a person to investigate or treat a pathological condition such as a disease or injury, to help improve bodily function, appearance, or to repair unwanted ruptured areas.\nThe act of performing surgery may be called a surgical procedure, operation, or simply "surgery". |
| 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. |
| 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. |
| Risk Factors |
|---|
| SCHMITT INDUSTRIES INC Item 1A Risk Factors Business Risks This report includes “forward-looking statements” as that term is defined in Section 21E of the Securities Exchange Act of 1934 |
| Forward-looking statements can be identified by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “anticipates,” or “hopes,” or the negative of those terms or other comparable terminology, or by discussions of strategy, plans or intentions |
| For example, this section contains numerous forward-looking statements |
| All forward-looking statements in this report are made based on management’s current expectations and estimates, which involve risks and uncertainties, including those described in the following paragraphs |
| Among these factors are the following: · Demand for Company products may change |
| · New products may not be developed to satisfy changes in consumer demands |
| · Failure to protect intellectual property rights could adversely affect future performance and growth |
| · Production time and the overall cost of products could increase if any of the primary suppliers are lost or if any primary supplier increased the prices of raw materials |
| · Fluctuations in quarterly and annual operating results make it difficult to predict future performance |
| · The Company may not be able to reduce operating costs quickly enough if sales decline |
| · The Company maintains a significant investment in inventories in anticipation of future sales |
| · Future success depends in part on attracting and retaining key management and qualified technical and sales personnel |
| · The Company faces risks from international sales and currency fluctuations |
| Such risks and uncertainties could cause actual results to be materially different from those in the forward-looking statements |
| Readers are cautioned not to place undue reliance on the forward-looking statements in this report |
| We assume no obligation to update such information |
| Demand for Company products may change: Over the past eight fiscal quarters, the Company has experienced increased demand for its Balancer products in North America |
| These increases are attributed primarily to an improving economy in North America |
| The conditions and circumstances could change in future periods and as a result demand for the Company’s products could decline |
| Management is responding to these risks in two ways |
| First, it appears there is a significant portion of the marketplace that is not using the automatic balancing products of the Company or any of its competitors |
| The Company will therefore continue to devote part of its future R&D efforts toward developing products that will both broaden the scope of Balancing products offered to the 9 ______________________________________________________________________ current customer base |
| Second, there are uses for the Company’s Balancer products in industries other than those in the Company’s historic customer base |
| Management is devoting a significant portion of its time to identify these markets and educate those markets on the value of those products within their operations |
| The laser light-scatter products of the Measurement segment have relied heavily upon sales to disk drive and silicon wafer manufacturers |
| Conditions in those markets adversely affected sales beginning in Fiscal 1999 and those poor conditions continued into Fiscal 2004 and consequently, demand for drives fell over these periods |
| As the operations of those companies suffered, they in turn reduced capital spending resulting in minimal demand for and sporadic sales of the Company’s laser light-scatter products |
| Industry forecasts are for improving conditions, and the Company experienced increasing sales in Fiscal 2005 and 2006 to those industries |
| However, the long-term impact on demand for the Company’s surface Measurement products cannot be predicted with any certainty |
| The semiconductor industry has also faced a down cycle over the past few fiscal years |
| Beginning in Fiscal 2002, the semiconductor industry experienced backlog cancellations, resulting in slower revenue growth and these conditions continued into Fiscal 2004 |
| The result is similar to disk drive manufacturers in that capital spending has declined significantly and consequently so has demand for and sales of the Company’s wafer products |
| The Company experienced increasing sales in Fiscal 2006 to those industries |
| However, the long-term impact on demand for the Company’s wafer products cannot be predicted with any certainty |
| Management will continue to market these products to these historic markets as it appears no other technology has been introduced that would make the laser light-scatter products technologically obsolete |
| There is the belief that once market conditions improve in the disk drive and silicon wafer markets, demand for the Company’s products and technology will increase although most likely not to historic levels |
| Also, management believes there are other uses for the Company’s laser light scatter technology and continues to evaluate R&D efforts to develop new products and introduce them to the marketplace |
| New products may not be developed to satisfy changes in consumer demands: The failure to develop new technologies, or react to changes in existing technologies, could materially delay development of new products, which could result in decreased revenues and a loss of market share to competitors |
| Financial performance depends on the ability to design, develop, manufacture, assemble, test, market and support new products and enhancements on a timely and cost-effective basis |
| New product opportunities may not be identified and developed and brought to market in a timely and cost-effective manner |
| Products or technologies developed by other companies may render products or technologies obsolete or noncompetitive, or a fundamental shift in technologies in the product markets could have a material adverse effect on the Company’s competitive position within historic industries |
| Failure to protect intellectual property rights could adversely affect future performance and growth: Failure to protect existing intellectual property rights may result in the loss of valuable technologies or paying other companies for infringing on their intellectual property rights |
| The Company relies on patent, trade secret, trademark and copyright law to protect such technologies |
| There is no assurance any of the Company’s US patents will not be invalidated, circumvented, challenged or licensed to other companies |
| Production time and the overall cost of products could increase if any of the primary suppliers are lost or if a primary supplier increased the prices of raw materials: Manufacturing operations depend upon obtaining adequate supplies of raw materials on a timely basis |
| The results of operations could be adversely affected if adequate supplies of raw materials cannot be obtained in a timely manner or if the costs of raw materials increased significantly |
| Fluctuations in quarterly and annual operating results make it difficult to predict future performance: Quarterly and annual operating results are likely to fluctuate in the future due to a variety of factors, some of which are beyond management’s control |
| As a result of quarterly operating fluctuations, it is important to realize quarter-to-quarter comparisons of operating results are not necessarily meaningful and should not be relied upon as indicators of future performance |
| 10 ______________________________________________________________________ The Company may not be able to reduce operating costs quickly enough if sales decline: Operating expenses are generally fixed in nature and largely based on anticipated sales |
| However, should future sales decline significantly and rapidly, there is no guarantee management could take actions that would further reduce operating expenses in either a timely manner or without seriously impacting the operations of the Company |
| The Company maintains a significant investment in inventories in anticipation of future sales: The Company believes it maintains a competitive advantage by shipping product to its customers more rapidly than its competitors |
| As a result, the Company has a significant investment in inventories |
| These inventories are recorded using the lower-of-cost or market method, which requires management to make certain estimates |
| Management evaluates the recorded inventory values based on customer demand, market trends and expected future sales and changes these estimates accordingly |
| A significant shortfall of sales may result in carrying higher levels of inventories of finished goods and raw materials thereby increasing the risk of inventory obsolescence and corresponding inventory write-downs |
| As a result, the Company may not carry adequate reserves to offset such write-downs |
| Future success depends in part on attracting and retaining key management and qualified technical and sales personnel: Future success depends on the efforts and continued services of key management, technical and sales personnel |
| Significant competition exists for such personnel and there is no assurance key technical and sales personnel can be retained nor assurances there will be the ability to attract, assimilate and retain other highly qualified technical and sales personnel as required |
| There is also no guarantee key employees will not leave and subsequently compete against the Company |
| The inability to retain key personnel could adversely impact the business, financial condition and results of operations |
| The Company faces risks from international sales and currency fluctuations: The Company markets and sells its products worldwide and international sales have accounted for and are expected to continue to account for a significant portion of future revenue |
| International sales are subject to a number of risks, including: the imposition of governmental controls; trade restrictions; difficulty in collecting receivables; changes in tariffs and taxes; difficulties in staffing and managing international operations; political and economic instability; general economic conditions; and fluctuations in foreign currencies |
| No assurances can be given these factors will not have a material adverse effect on future international sales and operations and, consequently, on business, financial condition and results of operations |