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Automobile Manufacturers |
Motorcycle Manufacturers |
Health Care Distribution and Services |
Home Entertainment Software |
Independent Power Producers and Energy Traders |
Internet Software and Services |
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General Merchandise Stores |
Exposures |
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Military |
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Wiki | Wiki Summary |
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Passeig de Lluís Companys, Barcelona | Passeig de Lluís Companys (Catalan pronunciation: [pəˈsɛdʒ də ʎuˈis kumˈpaɲs]) is a promenade in the Ciutat Vella and Eixample districts of Barcelona, Catalonia, Spain, and can be seen as an extension of Passeig de Sant Joan. It was named after President Lluís Companys, who was executed in 1940. |
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. |
Operations management | Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements. |
Les Précieuses ridicules | Les Précieuses ridicules (French pronunciation: [le pʁesjøz ʁidikyl], The Absurd Précieuses or The Affected Ladies) is a one-act satire by Molière in prose. It takes aim at the précieuses, the ultra-witty ladies who indulged in lively conversations, word games and, in a word, préciosité (preciousness). |
Availability factor | The availability factor of a power plant is the amount of time that it is able to produce electricity over a certain period, divided by the amount of the time in the period. Occasions where only partial capacity is available may or may not be deducted. |
Route availability | Route Availability (RA) is the system by which the permanent way and supporting works (bridges, embankments, etc.) of the railway network of Great Britain are graded. All routes are allocated an RA number between 1 and 10. |
Statistical fluctuations | Statistical fluctuations are fluctuations in quantities derived from many identical random processes. They are fundamental and unavoidable. |
Primordial fluctuations | Primordial fluctuations are density variations in the early universe which are considered the seeds of all structure in the universe. Currently, the most widely accepted explanation for their origin is in the context of cosmic inflation. |
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. |
Technology | Technology is the result of accumulated knowledge and application of skills, methods, and processes used in industrial production and scientific research. Technology is embedded in the operation of all machines, with or without detailed knowledge of their function, for the intended purpose of an organization. |
HCL Technologies | HCL Technologies (Hindustan Computers Limited) is an Indian multinational information technology (IT) services and consulting company headquartered in Noida. It is a subsidiary of HCL Enterprise. |
Renaissance Technologies | Renaissance Technologies LLC, also known as RenTech or RenTec, is an American hedge fund based in East Setauket, New York, on Long Island, which specializes in systematic trading using quantitative models derived from mathematical and statistical analysis. Their signature Medallion fund is famed for the best record in investing history. |
United Technologies | United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others. |
Lumen Technologies | Lumen Technologies, Inc. (formerly CenturyLink) is an American \ntelecommunications company headquartered in Monroe, Louisiana, that offers communications, network services, security, cloud solutions, voice, and managed services. |
Technological singularity | The technological singularity—or simply the singularity—is a hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization. According to the most popular version of the singularity hypothesis, called intelligence explosion, an upgradable intelligent agent will eventually enter a "runaway reaction" of self-improvement cycles, each new and more intelligent generation appearing more and more rapidly, causing an "explosion" in intelligence and resulting in a powerful superintelligence that qualitatively far surpasses all human intelligence. |
Technological change | Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of technologies (in which they often become less expensive), and the diffusion of technologies throughout industry or society (which sometimes involves disruption and convergence). |
Technological fix | A technological fix, technical fix, technological shortcut or (techno-)solutionism refers to the attempt of using engineering or technology to solve a problem (often created by earlier technological interventions).Some references define technological fix as an "attempt to repair the harm of a technology by modification of the system", that might involve modification of the machine and/or modification of the procedures for operating and maintaining it.\nTechnological fixes are inevitable in modern technology. |
Amazon (company) | Amazon.com, Inc. ( AM-ə-zon) is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. |
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. |
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. |
Gaussian elimination | In mathematics, Gaussian elimination, also known as row reduction, is an algorithm for solving systems of linear equations. It consists of a sequence of operations performed on the corresponding matrix of coefficients. |
Suomenlinna | Suomenlinna (Finnish: [ˈsuo̯menˌlinːɑ]; until 1918 Viapori, Finnish: [ˈviaˌpori]), or Sveaborg (Swedish: [ˈsvɛːɑˈborj]), is an inhabited sea fortress built on eight islands about 4 km southeast of the city center of Helsinki, the capital of Finland. Suomenlinna is popular with tourists and locals who enjoy it as a picturesque picnic site. |
Visual merchandising | Visual Merchandising is the practice in the retail industry of optimizing the presentation of products and services to better highlight their features and benefits. The purpose of such visual merchandising is to attract, engage, and motivate the customer towards making a purchase.Visual merchandising traditionally occurs in brick and mortar stores using a blend of lighting, color combinations, and articles of decor to stimulate an observer and generate interest. |
Middle East | The Middle East (Arabic: الشرق الأوسط, ISO 233: ash-Sharq al-Awsat) is a geopolitical term that commonly refers to the region spanning Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European part of Turkey), Egypt, Iran, the Levant (including Ash-Shām and Cyprus), Mesopotamia (modern-day Iraq), and the Socotra Archipelago (a part of Yemen). The term came into widespread usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century. |
Education | Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, morals, beliefs, habits, and personal development. Education originated as transmission of cultural heritage from one generation to the next. |
List of mergers and acquisitions by Meta Platforms | Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. |
Preferred stock | Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of claim (or rights to their share of the assets of the company, given that such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in the payment of dividends and upon liquidation. |
Consolidation (business) | In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements. |
Audit | An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon.” Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, and evaluate the propositions in their auditing report.Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. |
Reliability (statistics) | In statistics and psychometrics, reliability is the overall consistency of a measure. A measure is said to have a high reliability if it produces similar results under consistent conditions:"It is the characteristic of a set of test scores that relates to the amount of random error from the measurement process that might be embedded in the scores. |
Income statement | An income statement or profit and loss account (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) is one of the financial statements of a company and shows the company's revenues and expenses during a particular period.It indicates how the revenues (also known as the “top line”) are transformed into the net income or net profit (the result after all revenues and expenses have been accounted for). The purpose of the income statement is to show managers and investors whether the company made money (profit) or lost money (loss) during the period being reported. |
Risk Factors |
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TRANS WORLD ENTERTAINMENT CORP Item 1A RISK FACTORS The following is a discussion of certain factors, which could affect the financial results of the Company |
The Company’s results of operations are affected by the availability of new products |
The Company’s business is affected by the release of “hit” music, video and video game titles, which can create fluctuations in sales |
It is not possible to determine the timing of these fluctuations or the future availability of hit titles |
The Company does not control the content of new products and is dependent upon the major music and movie producers to continue to produce hit products |
To the extent that new hits are not available, or not available at prices attractive to consumers, or, if manufacturers fail to introduce or delay the introduction of new products, the Company’s results of operations may be adversely affected |
The Company’s results of operations may suffer if the Company does not accurately predict consumer acceptance of new product or distribution technologies |
The entertainment industry is characterized by changing technology, evolving standards, frequent new and enhanced product introductions and rapid product obsolescence |
These characteristics require that the Company respond quickly to technological changes and understand the impact of these changes on customers’ preferences |
If the Company is unable to participate in new product or distribution technologies that consumers accept, its results of operations may suffer |
Increased competition from existing retailers and alternative distribution channels may adversely affect the Company’s results of operations |
The retail entertainment business is highly competitive |
The Company competes with a wide variety of entertainment retailers, including regional and national mall-based music chains, deep-discount retailers, mass merchandisers, consumer electronics outlets, record clubs and independent operators, some of which have greater financial and other resources than the Company |
The Company also expects continued growth in competing home entertainment options, including the Internet and larger numbers of television and music channels offered by cable companies |
In particular, Internet and cable technologies coupled with high-quality digital recording technologies allows direct downloading of recorded music by consumers via the Internet |
Some of these technological enhancements, including the ability to download music, video and video games onto PCs or other devices, or play games over the Internet through consoles, could reduce retail sales of CDs, DVDs and video games |
A wide selection of music and video services can now be offered to consumers through: • the Internet, • cable companies, • direct broadcast satellite companies, • telephone companies, and • other telecommunications companies |
If technological advances were to result in significant changes in existing distribution channels for pre-recorded music, video and video games, the Company’s results of operations could be affected |
A decline in current levels of consumer spending could adversely affect results of operations |
The Company’s results of operations is affected by the level of consumer spending, which reflects the general state of local economies in which the Company operates |
The Company’s operating results fluctuate from period to period |
As is the case with many retailers, a significant portion of the Company’s sales, and an even greater portion of the Company’s earnings is generated in the fourth fiscal quarter, which includes the holiday selling season |
Less than satisfactory sales for such period could have an adverse effect on the Company’s results of operations |
Growth Strategy – the failure to grow the Company’s business may limit its earnings |
Historically, the Company’s growth has come from the opening of new stores and the acquisition of stores |
The Company opens new stores if it finds desirable locations and is able to negotiate suitable lease terms |
Any lack of availability of new stores or acquisition opportunities may impact the Company’s ability to increase sales and earnings |
6 ______________________________________________________________________ A change in one or more of the Company’s vendors’ policies or the Company’s relationship with those vendors could adversely affect the Company’s results of operations |
The majority of the Company’s purchases come from ten major suppliers |
As is standard in the music industry, the Company does not maintain long-term contracts with its suppliers but instead makes purchases on an order-by-order basis |
If the Company fails to maintain customary trade terms or enjoy positive vendor relations, it could have an adverse effect on the Company’s results of operations |
If the Company’s vendors fail to provide marketing and merchandising support at historical levels, the Company’s results of operations could be negatively impacted |
The manufacturers of entertainment products have typically provided retailers with significant marketing and merchandising support for their products |
As part of this support, the Company receives cooperative advertising and market development payments from these vendors |
These cooperative advertising and market development payments enable the Company to actively promote and merchandise the products that it sells and drive sales at the Company’s stores and on its websites |
If the Company’s vendors fail to provide this support at historical levels, the Company’s results of operations could be negatively impacted |
If the Company fails to successfully complete and integrate future acquisitions, the Company’s results of operationscould be negatively impacted |
As part of the Company’s efforts to grow and compete, the Company may engage in acquisitions |
The Company’s pursuit of future acquisitions is subject to its ability to negotiate favorable terms for these acquisitions |
Accordingly, the Company cannot be assured that future acquisitions will be completed |
In addition, to facilitate future acquisitions, the Company may take actions that could dilute the equity interests of its stockholders, increase its debt or assume contingent liabilities, all of which may have a negative effect on the price of the Company’s common stock |
Finally, if any acquisitions are not successfully integrated with its business, the Company’s ongoing operations and results of operations could be adversely affected |
Loss of Key Personnel could harm the Company’s results of operations |
The Company believes that its future prospects depend to a significant extent on the services of its executive officers, as well as its ability to attract and retain qualified key personnel |
The loss of the services of certain of the Company’s executive officers and other key management personnel could harm the Company’s results of operations |
Control by and Dependence on Key Personnel - Robert J Higgins has a strong influence on the outcome of any vote of the Company’s Shareholders and if the Company were to lose his services, it may not be able to replace his skills and experience |
Robert J Higgins serves as Chairman of the Board of Trans World and its Chief Executive Officer and owns approximately 40dtta6prca of the outstanding common stock of Trans World, as of March 15, 2006 |
Further, if the Company were to lose Mr |
Higgins’ services, it may not be able to replace his skills and experience, and this could have an adverse effect on the Company’s financial results |
If, in the future, the Company concludes that its internal controls over financial reporting are not adequate, or if the Company’s auditors conclude that the Company’s evaluation of internal controls over financial reporting is not adequate, investors could lose confidence in the reliability of the Company’s financial statements, which could result in a decrease in the value of the Company’s common stock |
The effectiveness of the Company’s disclosure and internal controls may be limited |
As directed by Section 404 of the Sarbanes-Oxley Act of 2002, the Securities and Exchange Commission adopted rules requiring public companies to include a report of management on the company’s internal control over financial reporting in their annual reports on Form 10-K There is a risk that in the future the Company may identify internal control deficiencies that suggest that the Company’s controls are no longer effective |
This could result in an adverse reaction in the financial markets due to a loss of confidence in the reliability of the Company’s financial statements, which could cause a decline in the market price of the Company’s common stock |
Disclosure controls and procedures and internal controls over financial reporting may not prevent all errors and intentional misrepresentations |
In the event that there are errors or misrepresentations in the Company’s historical financial statements or the SEC disagrees with the Company’s accounting, the Company may need to restate its financial statements |
There is no guarantee that existing controls will prevent or detect all material issues or be effective in future conditions, which could materially and adversely impact the Company’s financial results in the future |
Anti-takeover provisions – New York anti-takeover law provisions and the classified Board Amendment, may discourage unsolicited takeovers |
In August 2000, the Company’s Board of Directors adopted a Classified Board Amendment which together with anti-takeover provisions eschewed by New York State Law may discourage open market purchases or a non-negotiated tender or exchange offer for the stock of the Company |
This may be adverse to the interests of a shareholder who might receive a premium in a transaction of this type |